Psychiatrists Salary
The median pay for a psychiatrists in Ohio is $244,990/year ($117.78/hour), per BLS data. The range runs from $83K at the entry level to $423K for experienced workers. Cost of living is below average (RPP 91.45), which stretches that salary to about $267,895 in buying power. Rent on a 2-bedroom averages $1,188/month, or 8.1% of estimated take-home pay.
Statewide average. Salary and cost of living vary significantly across Ohio. Jump to a metro for precise data:
Where the paycheck goes
What $245K actually covers in Ohio, month by month
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What this looks like in Ohio
Pay for psychiatrists in Ohio runs about 13% below the U.S. median of $282K. Housing is manageable: a 2-bedroom at the HUD median costs $1,188/month, 8.3% of take-home, well inside the 30% guideline. Regional Price Parity sits at 91.45 (national = 100), meaning everyday costs run about 9% cheaper here. Your dollar stretches further than the headline salary suggests. Lower pay, lower costs, Ohio can be a reasonable trade-off for psychiatrists who value affordability over top-dollar markets.
Compensation breakdown
Annual earnings by percentile, Ohio
Entry-level psychiatrists (10th percentile) start around $83K. Mid-career wages sit at $245K. Top earners bring in $423K or more, a $341K spread from bottom to top.
Psychiatrists salary by metro in Ohio
6 metro areas with BLS data, ranked by median pay
| Metro area | Median salary | vs. state | Employment |
|---|---|---|---|
| Akron | $289K | +18% | 60 |
| Cleveland | $272K | +11% | 120 |
| Cincinnati | $262K | +7% | 150 |
| Toledo | $233K | -5% | 70 |
| Columbus | $221K | -10% | 120 |
| Dayton-Kettering-Beavercreek | $65K | -73% | 40 |
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BLS updates this data annually. We'll email you when Ohio numbers change.
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Quick answers
The stuff people actually ask about this job
Can a psychiatrist afford a 2BR apartment alone in Ohio?
Yes — at the median salary of $245K, rent takes 8.3% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $1,188/month. That stays under the 30% guideline most financial planners use.
What’s the entry-level salary for psychiatrists in Ohio?
The 10th-percentile wage — what new psychiatrists typically earn — is $83K/year. Take-home on that works out to about $5,412/month. At HUD’s $1,188/month FMR, rent would take 22% of that take-home — manageable on an entry-level income.
Is psychiatrist a high-paying job in Ohio?
Local pay runs 13% below the national median — $245K here vs. $282K nationally. Cost of living is 9% below the national average, which narrows that gap in real purchasing power.
How does Ohio compare to the national average for psychiatrists?
Ohio pays $245K median vs. the U.S. average of $282K — that’s -13%. After adjusting for local cost of living (RPP 91.45), the purchasing-power equivalent is $268K — below the national median.
How much do psychiatrists make in Ohio?
The median is $244,990 a year, that works out to about $118 an hour. But the range is wide: entry-level workers start around $82,650, and experienced psychiatrists can clear $423,440. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $245K enough to live in Ohio?
On that salary, you'd take home roughly $14,359/month after taxes. A 2-bedroom here rents for about $1,188/month, which eats 8.3% 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 Ohio?
Ohio has a Regional Price Parity of 91.45 (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 $267,895 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.