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Veterinarian Salary in Indiana: Cost of Living Adjusted (2024)

What does a Veterinarian salary really buy you in Indiana?

Indiana is 8.2% cheaper than the US average

Data: BLS OEWS 2024 + BEA Regional Price Parities 2022 • Updated 2026-03-31

Nominal Salary
$119,230
Median annual (2024)
+8.9%
Real Purchasing Power
$129,880
COL-adjusted (RPP=91.8)

Indiana Cost of Living Index

Indiana's Regional Price Parity (RPP) is 91.8, meaning prices are 8.2% lower the national average. A Veterinarian earning $119,230 in Indiana has the equivalent purchasing power of $129,880 in an average-cost US state.

IN: 91.8
Cheapest (~85) US Avg (100) Priciest (~115)

Salary Breakdown: Nominal vs. COL-Adjusted

Every dollar goes further in low-cost states. Here is how each salary percentile compares after adjusting for Indiana's cost of living.

Percentile Nominal Salary COL-Adjusted Difference
10th Percentile (P10) $62,380 $67,952 +$5,572
25th Percentile (P25) $94,590 $103,039 +$8,449
Median (P50) $119,230 $129,880 +$10,650
75th Percentile (P75) $140,130 $152,647 +$12,517
90th Percentile (P90) $174,990 $190,620 +$15,630
Key Insight

A Veterinarian in Indiana earns $119,230 on paper, but low living costs mean your money goes 9% further — like earning $129,880 in an average-cost state. This makes Indiana one of the best value states for this occupation.

Best States for Veterinarian (After Cost of Living)

Where does Veterinarian salary stretch the furthest? Top 10 states ranked by COL-adjusted median salary.

$150,549
RPP 89.2
$141,288
RPP 112.5
$141,220
RPP 109.8
$139,241
RPP 91.0
$136,623
RPP 91.8
$136,534
RPP 108.8
$135,384
RPP 93.6
$134,625
RPP 96.2
9. Ohio
$134,579
RPP 91.5
10. Louisiana
$133,145
RPP 90.6

Indiana ranks #15 out of 47 states for Veterinarian after cost-of-living adjustment.

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Frequently Asked Questions

What is the real salary for a Veterinarian in Indiana after cost of living?

A Veterinarian in Indiana earns a median salary of $119,230 per year. After adjusting for Indiana's cost of living (RPP=91.8), the real purchasing power is $129,880 — a +8.9% difference.

Is Indiana expensive to live in?

Indiana's cost of living is 8.2% lower than the national average according to the BEA Regional Price Parities (2022). The RPP index for Indiana is 91.8 (US average = 100).

What are Regional Price Parities (RPP)?

Regional Price Parities (RPPs) are price indexes published by the U.S. Bureau of Economic Analysis (BEA) that measure differences in price levels across states. They are expressed as a percentage of the national average (US = 100). Higher RPP means higher cost of living.

How is the cost-of-living adjusted salary calculated?

The adjusted salary is calculated as: Nominal Salary x (100 / RPP). For a Veterinarian in Indiana: $119,230 x (100 / 91.8) = $129,880. This represents what the salary would be worth in a state with average living costs.

Is it better to be a Veterinarian in Indiana financially?

From a purchasing power perspective, yes. A Veterinarian in Indiana enjoys 8.9% more buying power than the nominal salary suggests, because living costs are below the national average. However, other factors like job availability, career growth, and quality of life also matter.

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