Medical Transcriptionists Salary
The median pay for a medical transcriptionists in Indiana is $41,400/year ($19.9/hour), per BLS data. The range runs from $26K at the entry level to $51K for experienced workers. Cost of living is below average (RPP 91.81), which stretches that salary to about $45,093 in buying power. A 2-bedroom apartment runs $1,144/month, about 39.8% of take-home, which is tight.
Statewide average. Salary and cost of living vary significantly across Indiana. Jump to a metro for precise data:
So what does $41K get you in Indiana?
About medical transcriptionists
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What this looks like in Indiana
Medical transcriptionists pay in Indiana tracks closely to the national median, $41K locally vs. $40K nationwide, a 2% difference. The catch: housing math doesn't keep up. A 2-bedroom at the HUD median rents for $1,144/month, which is 40.3% of the median worker's take-home, past the 30% guideline most planners use. Regional Price Parity sits at 91.81 (national = 100), meaning everyday costs run about 8% cheaper here. Your dollar stretches further than the headline salary suggests. Use the affordability calculator above to model your specific situation.
Compensation breakdown
Annual earnings by percentile, Indiana
Entry-level medical transcriptionists (10th percentile) start around $26K. Mid-career wages sit at $41K. Top earners bring in $51K or more, a $26K spread from bottom to top.
Medical Transcriptionists salary by metro in Indiana
3 metro areas with BLS data, ranked by median pay
| Metro area | Median salary | vs. state | Employment |
|---|---|---|---|
| Evansville | $49K | +18% | 70 |
| Indianapolis-Carmel-Greenwood | $47K | +13% | 200 |
| South Bend-Mishawaka | $45K | +9% | 30 |
Compare to other states
Track medical transcriptionists salary changes
BLS updates this data quarterly. We'll email you when Indiana numbers change.
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Frequently asked questions
Can a medical transcriptionist afford a 2BR apartment alone in Indiana?
It’s a stretch — at the median salary of $41K, rent takes 40.3% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $1,144/month. The 30% guideline puts the comfortable ceiling at roughly $900/month in rent — so roommates or a 1-bedroom would ease the math significantly.
What’s the entry-level salary for medical transcriptionists in Indiana?
The 10th-percentile wage — what new medical transcriptionists typically earn — is $26K/year. Take-home on that works out to about $1,543/month. At HUD’s $1,144/month FMR, rent would take 74% of that take-home — above the 30% guideline, so a 1-bedroom or shared housing is likely necessary starting out.
Is medical transcriptionist a high-paying job in Indiana?
Pay here is roughly in line with the national average — $41K locally vs. $40K nationally, a 2% difference.
How does Indiana compare to the national average for medical transcriptionists?
Indiana pays $41K median vs. the U.S. average of $40K — that’s +2%. After adjusting for local cost of living (RPP 91.81), the purchasing-power equivalent is $45K — still ahead of the national median.
How much do medical transcriptionists make in Indiana?
The median is $41,400 a year, that works out to about $20 an hour. But the range is wide: entry-level workers start around $25,710, and experienced medical transcriptionists can clear $51,240. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $41K enough to live in Indiana?
On that salary, you'd take home roughly $2,837/month after taxes. A 2-bedroom here rents for about $1,144/month, which eats 40.3% of your paycheck. That's above the 30% rule of thumb, housing will be a stretch at the median salary, though you can manage with roommates or a smaller place.
How far does a medical transcriptionists salary go in Indiana?
Indiana has a Regional Price Parity of 91.81 (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 medical transcriptionists salary is worth about $45,093 in national-average purchasing power.
Where do medical transcriptionists 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.