Psychiatrists Salary
The median pay for a psychiatrists in Louisiana is $345,040/year ($165.88/hour), per BLS data. The range runs from $191K at the entry level to $444K for experienced workers. Cost of living is below average (RPP 87.28), which stretches that salary to about $395,325 in buying power. Rent on a 2-bedroom averages $1,191/month, or 6% of estimated take-home pay.
Statewide average. This is an aggregate across all of Louisiana. BLS does not publish metro-level data for this occupation in this state.
So what does $345K get you in Louisiana?
About psychiatrists
Sponsored links, AffordMap may earn a commission at no cost to you. Learn more
What this looks like in Louisiana
Louisiana sits well above the national pay line for psychiatrists, local pay runs about 22% higher than the U.S. median of $282K. Housing is manageable: a 2-bedroom at the HUD median costs $1,191/month, 6.3% of take-home, well inside the 30% guideline. Regional Price Parity sits at 87.28 (national = 100), meaning everyday costs run about 13% cheaper here. Your dollar stretches further than the headline salary suggests. Combined with manageable housing costs, Louisiana offers a genuinely strong financial position for psychiatristss at the median.
Compensation breakdown
Annual earnings by percentile, Louisiana
Entry-level psychiatrists (10th percentile) start around $191K. Mid-career wages sit at $345K. Top earners bring in $444K or more, a $253K spread from bottom to top.
Compare to other states
Track psychiatrists salary changes
BLS updates this data quarterly. We'll email you when Louisiana numbers change.
Related careers in Healthcare
Frequently asked questions
Can a psychiatrist afford a 2BR apartment alone in Louisiana?
Yes — at the median salary of $345K, rent takes 6.3% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $1,191/month. That stays under the 30% guideline most financial planners use.
What’s the entry-level salary for psychiatrists in Louisiana?
The 10th-percentile wage — what new psychiatrists typically earn — is $191K/year. Take-home on that works out to about $11,433/month. At HUD’s $1,191/month FMR, rent would take 10% of that take-home — manageable on an entry-level income.
Is psychiatrist a high-paying job in Louisiana?
Local pay is 22% above the national median — $345K here vs. $282K nationally.
How does Louisiana compare to the national average for psychiatrists?
Louisiana pays $345K median vs. the U.S. average of $282K — that’s +22%. After adjusting for local cost of living (RPP 87.28), the purchasing-power equivalent is $395K — still ahead of the national median.
How much do psychiatrists make in Louisiana?
The median is $345,040 a year, that works out to about $166 an hour. But the range is wide: entry-level workers start around $190,550, and experienced psychiatrists can clear $443,710. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $345K enough to live in Louisiana?
On that salary, you'd take home roughly $19,056/month after taxes. A 2-bedroom here rents for about $1,191/month, which eats 6.3% of your paycheck. That's under the 30% guideline most financial planners use, so the numbers work.
How far does a psychiatrists salary go in Louisiana?
Louisiana has a Regional Price Parity of 87.28 (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 psychiatrists salary is worth about $395,325 in national-average purchasing power.
Where do psychiatrists 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.