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Cardiologists Salary

in Indianapolis-Carmel-Greenwood, IN

Cardiologists in Indianapolis-Carmel-Greenwood, IN make a median of $511,400 a year, or about $245.86 an hour. The range runs from $76K at the entry level to $603K for experienced workers. Adjusted for local prices (RPP 95.7), that's roughly $534,378 in purchasing power. Rent on a 2-bedroom averages $1,473/month, or 4.8% of estimated take-home pay.

$511K
Median annual
$245.86/hr
Hourly rate
$76K
Entry level (10th %)
$603K
Senior level (90th %)

So what does $511K get you in Indianapolis-Carmel-Greenwood?

Estimated take-home pay$27,615/mo
Rent (2BR median)-$1,473/mo
Rent as % of take-home5.3% ✓ within 30% guideline
Groceries-$375/mo
Utilities-$188/mo
Transportation-$329/mo
Healthcare *-$218/mo
Left over$25,032/mo

Groceries, utilities, transportation, and healthcare scaled from national averages by Indianapolis-Carmel-Greenwood’s Regional Price Parity (95.7). Rent from HUD Fair Market Rents. Taxes estimated for single filer, standard deduction. * Healthcare is the employee-paid share only (premiums + out-of-pocket). Actual costs vary by coverage type: employer-sponsored, ACA marketplace, or uninsured.

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About cardiologists

Education: Doctoral or professional degree
U.S. employed: 17,290
Indianapolis-Carmel-Greenwood, IN employed: 60
Category: Healthcare

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What this looks like in Indianapolis-Carmel-Greenwood

Cardiologists pay in Indianapolis-Carmel-Greenwood tracks closely to the national median, $511K locally vs. $496K nationwide, a 3% difference. Housing is manageable: a 2-bedroom at the HUD median costs $1,473/month, 5.3% of take-home, well inside the 30% guideline. Cost of living (RPP 95.7) is near the national average, so spending patterns here track the typical American budget fairly closely. Use the affordability calculator above to model your specific situation.

Compared to nearby metros

Median pay for cardiologists in metros near Indianapolis-Carmel-Greenwood, adjusted for local cost of living.

MetroMedian payCOL-adjusted
Cincinnati$551K$578K
Detroit-Warren-Dearborn$131K$130K
Chicago-Naperville-Elgin$476K$459K
Lexington-Fayette$558K$601K

COL-adjusted = median salary ÷ (BEA Regional Price Parity ÷ 100). Expresses purchasing power in national-average dollars.

Compensation breakdown

Annual earnings by percentile, Indianapolis-Carmel-Greenwood, IN

Bar chart showing Cardiologists salary percentiles in Indianapolis-Carmel-Greenwood, IN: 10th percentile $76,490, 25th percentile $77,310, median $511,400, 75th percentile $512,310, 90th percentile $603,000. Source: Bureau of Labor Statistics.10th$76K25th$77KMedian$511K75th$512K90th$603K
Bar chart showing Cardiologists salary percentiles in Indianapolis-Carmel-Greenwood, IN: 10th percentile $76,490, 25th percentile $77,310, median $511,400, 75th percentile $512,310, 90th percentile $603,000. Source: Bureau of Labor Statistics.

Entry-level cardiologists (10th percentile) start around $76K. Mid-career wages sit at $511K. Top earners bring in $603K or more, a $527K spread from bottom to top.

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Cardiologists pay across states

Median income ranked highest to lowest, compared to the national figure

View Cardiologists salary in all states
StateMedian salaryvs. nationalEmployment
Washington$656K+32%200
Missouri$648K+31%150
Nebraska$646K+30%170
Wisconsin$637K+28%200
Tennessee$610K+23%560
Georgia$610K+23%1,150
Indiana$589K+19%140
Pennsylvania$579K+17%640
Kentucky$558K+13%N/A
Alabama$519K+5%130
Illinois$518K+4%340
Ohio$504K+2%760
New York$492K-1%2,260
Connecticut$489K-1%320
Virginia$461K-7%810
Michigan$419K-16%340
Florida$415K-16%920
Texas$410K-17%2,050
Rhode Island$396K-20%60
Maryland$337K-32%N/A
New Jersey$287K-42%N/A
Iowa$283K-43%100
California$186K-63%630
123

Showing 1–10 of 23 states with published data

BLS does not publish data for every state when sample sizes are too small

Track cardiologists salary changes

BLS updates this data quarterly. We'll email you when Indianapolis-Carmel-Greenwood numbers change.

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Frequently asked questions

Can a cardiologist afford a 2BR apartment alone in Indianapolis-Carmel-Greenwood?

Yes — at the median salary of $511K, rent takes 5.3% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $1,473/month. That stays under the 30% guideline most financial planners use.

What’s the entry-level salary for cardiologists in Indianapolis-Carmel-Greenwood?

The 10th-percentile wage — what new cardiologists typically earn — is $76K/year. Take-home on that works out to about $4,589/month. At HUD’s $1,473/month FMR, rent would take 32% of that take-home — above the 30% guideline, so a 1-bedroom or shared housing is likely necessary starting out.

Is cardiologist a high-paying job in Indianapolis-Carmel-Greenwood?

Pay here is roughly in line with the national average — $511K locally vs. $496K nationally, a 3% difference.

How does Indianapolis-Carmel-Greenwood compare to the national average for cardiologists?

Indianapolis-Carmel-Greenwood pays $511K median vs. the U.S. average of $496K — that’s +3%. After adjusting for local cost of living (RPP 95.7), the purchasing-power equivalent is $534K — still ahead of the national median.

How much do cardiologists make in Indianapolis-Carmel-Greenwood, IN?

The median is $511,400 a year, that works out to about $246 an hour. But the range is wide: entry-level workers start around $76,490, and experienced cardiologists can clear $603,000. These are BLS numbers, based on employer-reported data, not self-reported surveys.

Is $511K enough to live in Indianapolis-Carmel-Greenwood?

On that salary, you'd take home roughly $27,615/month after taxes. A 2-bedroom here rents for about $1,473/month, which eats 5.3% of your paycheck. That's under the 30% guideline most financial planners use, so the numbers work.

How far does a cardiologists salary go in Indianapolis-Carmel-Greenwood?

Indianapolis-Carmel-Greenwood has a Regional Price Parity of 95.7 (100 is the national average). That's below average, your money stretches further here than the raw salary number suggests. After cost-of-living adjustment, the median cardiologists salary is worth about $534,378 in national-average purchasing power.

Where do cardiologists get paid the most?

The table above ranks every state by median pay for this role. Keep in mind that the highest-paying states tend to have the highest costs of living, so the top salary doesn't always mean the most money in your pocket.

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