Therapists, All Other Salary

Yes — at the median salary of $62K, rent takes 27.6% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $1,144/month. That stays under the 30% guideline most financial planners use.

The 10th-percentile wage — what new therapists, all others typically earn — is $37K/year. Take-home on that works out to about $2,238/month. At HUD’s $1,144/month FMR, rent would take 51% of that take-home — above the 30% guideline, so a 1-bedroom or shared housing is likely necessary starting out.

Local pay runs 21% below the national median — $62K here vs. $78K nationally. Cost of living is 8% below the national average, which narrows that gap in real purchasing power.

Indiana pays $62K median vs. the U.S. average of $78K — that’s -21%. After adjusting for local cost of living (RPP 91.81), the purchasing-power equivalent is $67K — below the national median.

The median is $61,720 a year, that works out to about $30 an hour. But the range is wide: entry-level workers start around $37,300, and experienced therapists, all others can clear $101,790. These are BLS numbers, based on employer-reported data, not self-reported surveys.

On that salary, you'd take home roughly $4,146/month after taxes. A 2-bedroom here rents for about $1,144/month, which eats 27.6% of your paycheck. That's under the 30% guideline most financial planners use, so the numbers work.

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 therapists, all other salary is worth about $67,226 in national-average purchasing power.

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.