Electrical Engineers Salary
In Indianapolis-Carmel-Greenwood, IN, electrical engineers earn $104,210 at the median, or about $50.1 an hour. The range runs from $76K at the entry level to $155K for experienced workers. Adjusted for local prices (RPP 95.7), that's roughly $108,892 in purchasing power. Rent on a 2-bedroom averages $1,473/month, or 21.9% of estimated take-home pay.
So what does $104K get you in Indianapolis-Carmel-Greenwood?
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.
About electrical engineers
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What this looks like in Indianapolis-Carmel-Greenwood
Pay for electrical engineers in Indianapolis-Carmel-Greenwood runs about 14% below the U.S. median of $121K. Housing is manageable: a 2-bedroom at the HUD median costs $1,473/month, 22.5% 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. Lower pay, lower costs, Indianapolis-Carmel-Greenwood can be a reasonable trade-off for electrical engineerss who value affordability over top-dollar markets.
Compared to nearby metros
Median pay for electrical engineers in metros near Indianapolis-Carmel-Greenwood, adjusted for local cost of living.
| Metro | Median pay | COL-adjusted |
|---|---|---|
| Fort Wayne | $101K | $109K |
| Evansville | $103K | $112K |
| Kokomo | $107K | $119K |
| Elkhart-Goshen | $86K | $95K |
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
Entry-level electrical engineers (10th percentile) start around $76K. Mid-career wages sit at $104K. Top earners bring in $155K or more, a $79K spread from bottom to top.
Electrical Engineers pay across states
Median income ranked highest to lowest, compared to the national figure
View Electrical Engineers salary in all states
| State | Median salary | vs. national | Employment |
|---|---|---|---|
| New Mexico | $159K | +31% | 2,560 |
| California | $144K | +19% | 24,230 |
| District of Columbia | $143K | +19% | 330 |
| New Hampshire | $136K | +13% | 1,600 |
| Washington | $133K | +10% | 7,610 |
| Texas | $129K | +7% | 20,870 |
| Idaho | $129K | +7% | 1,000 |
| Massachusetts | $128K | +6% | 5,040 |
| Delaware | $127K | +5% | 660 |
| Alaska | $126K | +4% | 350 |
| Alabama | $126K | +4% | 4,600 |
| New Jersey | $125K | +4% | 2,940 |
| Oregon | $125K | +4% | 2,540 |
| Maryland | $125K | +4% | 4,650 |
| Louisiana | $124K | +3% | 990 |
| Colorado | $121K | +0% | 4,200 |
| Virginia | $119K | -1% | 7,260 |
| New York | $119K | -1% | 8,770 |
| Missouri | $119K | -2% | 2,410 |
| Maine | $115K | -5% | 1,150 |
| West Virginia | $113K | -6% | 500 |
| Wyoming | $112K | -7% | 280 |
| Vermont | $111K | -8% | 820 |
| Pennsylvania | $111K | -8% | 6,970 |
| North Dakota | $111K | -8% | 260 |
| North Carolina | $110K | -9% | 7,090 |
| Minnesota | $110K | -9% | 3,150 |
| Illinois | $108K | -11% | 5,460 |
| Oklahoma | $108K | -11% | 2,080 |
| Nevada | $107K | -11% | 1,100 |
| Nebraska | $107K | -11% | 1,060 |
| Hawaii | $106K | -12% | 1,080 |
| Michigan | $106K | -12% | 10,840 |
| Iowa | $106K | -12% | 1,280 |
| Utah | $106K | -12% | 1,680 |
| Mississippi | $105K | -13% | 1,130 |
| Florida | $105K | -13% | 9,220 |
| Tennessee | $104K | -13% | 2,830 |
| Connecticut | $104K | -14% | 2,930 |
| Indiana | $103K | -15% | 4,000 |
| Kansas | $103K | -15% | 2,100 |
| Ohio | $101K | -17% | 6,360 |
| Arizona | $101K | -17% | 5,370 |
| Wisconsin | $100K | -17% | 3,550 |
| South Dakota | $99K | -18% | 530 |
| Kentucky | $99K | -18% | 1,540 |
| South Carolina | $98K | -18% | 3,490 |
| Arkansas | $97K | -20% | 900 |
| Montana | $87K | -28% | 790 |
Showing 1–10 of 49 states with published data
BLS does not publish data for every state when sample sizes are too small
Track electrical engineers salary changes
BLS updates this data quarterly. We'll email you when Indianapolis-Carmel-Greenwood numbers change.
Related careers in Engineering
Frequently asked questions
Can a electrical engineer afford a 2BR apartment alone in Indianapolis-Carmel-Greenwood?
Yes — at the median salary of $104K, rent takes 22.5% 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 electrical engineers in Indianapolis-Carmel-Greenwood?
The 10th-percentile wage — what new electrical engineers typically earn — is $76K/year. Take-home on that works out to about $4,554/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 electrical engineer a high-paying job in Indianapolis-Carmel-Greenwood?
Local pay runs 14% below the national median — $104K here vs. $121K nationally.
How does Indianapolis-Carmel-Greenwood compare to the national average for electrical engineers?
Indianapolis-Carmel-Greenwood pays $104K median vs. the U.S. average of $121K — that’s -14%. After adjusting for local cost of living (RPP 95.7), the purchasing-power equivalent is $109K — below the national median.
How much do electrical engineers make in Indianapolis-Carmel-Greenwood, IN?
The median is $104,210 a year, that works out to about $50 an hour. But the range is wide: entry-level workers start around $75,900, and experienced electrical engineers can clear $155,170. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $104K enough to live in Indianapolis-Carmel-Greenwood?
On that salary, you'd take home roughly $6,543/month after taxes. A 2-bedroom here rents for about $1,473/month, which eats 22.5% of your paycheck. That's under the 30% guideline most financial planners use, so the numbers work.
How far does a electrical engineers 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 electrical engineers salary is worth about $108,892 in national-average purchasing power.
Where do electrical engineers 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.