North Dakota is the highest paying state for psychiatrists in 2024, according to new Bureau of Labor Statistics data.
Becker’s used BLS data to determine the annual mean salary in every state, as well as calculate the hourly adjusted wage by cost of living in 2024.
Here are the states with the highest annual wage and the states with the highest pay based on adjusted costs of living.
States by highest annual salary
North Dakota: $343,680
California: $328,560
Indiana: $327,760
Minnesota: $312,500
Utah: $310,080
South Dakota: $302,390
Connecticut: $295,850
Louisiana: $295,290
Illinois: $288,690
New Mexico: $283,600
States by highest hourly wage, with adjusted cost of living
North Dakota: $174.66
Indiana: $172.22
Minnesota: $159.66
South Dakota: $154.99
Louisiana: $154.30
Illinois: $152.86
Missouri: $151.03
Oklahoma: $147.17
Utah: $146.88
New Mexico: $144.75