Psychiatrists Salary
The median pay for a psychiatrists in South Dakota is $226,180/year ($108.74/hour), per BLS data. The range runs from $130K at the entry level to $341K for experienced workers. Cost of living is below average (RPP 89.89), which stretches that salary to about $251,619 in buying power. Rent on a 2-bedroom averages $1,017/month, or 7.1% of estimated take-home pay.
Statewide average. This is an aggregate across all of South Dakota. BLS does not publish metro-level data for this occupation in this state.
So what does $226K get you in South Dakota?
About psychiatrists
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What this looks like in South Dakota
Pay for psychiatrists in South Dakota runs about 20% below the U.S. median of $282K. Housing is manageable: a 2-bedroom at the HUD median costs $1,017/month, 7.3% of take-home, well inside the 30% guideline. Regional Price Parity sits at 89.89 (national = 100), meaning everyday costs run about 10% cheaper here. Your dollar stretches further than the headline salary suggests. Lower pay, lower costs, South Dakota can be a reasonable trade-off for psychiatristss who value affordability over top-dollar markets.
Compensation breakdown
Annual earnings by percentile, South Dakota
Entry-level psychiatrists (10th percentile) start around $130K. Mid-career wages sit at $226K. Top earners bring in $341K or more, a $211K spread from bottom to top.
Compare to other states
Track psychiatrists salary changes
BLS updates this data quarterly. We'll email you when South Dakota numbers change.
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Frequently asked questions
Can a psychiatrist afford a 2BR apartment alone in South Dakota?
Yes — at the median salary of $226K, rent takes 7.3% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $1,017/month. That stays under the 30% guideline most financial planners use.
What’s the entry-level salary for psychiatrists in South Dakota?
The 10th-percentile wage — what new psychiatrists typically earn — is $130K/year. Take-home on that works out to about $7,800/month. At HUD’s $1,017/month FMR, rent would take 13% of that take-home — manageable on an entry-level income.
Is psychiatrist a high-paying job in South Dakota?
Local pay runs 20% below the national median — $226K here vs. $282K nationally. Cost of living is 10% below the national average, which narrows that gap in real purchasing power.
How does South Dakota compare to the national average for psychiatrists?
South Dakota pays $226K median vs. the U.S. average of $282K — that’s -20%. After adjusting for local cost of living (RPP 89.89), the purchasing-power equivalent is $252K — below the national median.
How much do psychiatrists make in South Dakota?
The median is $226,180 a year, that works out to about $109 an hour. But the range is wide: entry-level workers start around $130,000, and experienced psychiatrists can clear $341,360. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $226K enough to live in South Dakota?
On that salary, you'd take home roughly $13,926/month after taxes. A 2-bedroom here rents for about $1,017/month, which eats 7.3% 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 South Dakota?
South Dakota has a Regional Price Parity of 89.89 (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 $251,619 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.