Physical Therapist · Salary Comparison · 2026
Physical Therapist Salary: Indianapolis, IN vs New York, NY
Side-by-side comparison of salary, taxes, cost of living, and take-home pay for Physical Therapists in Indianapolis, IN and New York, NY, based on BLS OEWS 2026 data.
1Which City Pays More After Tax?
Higher Gross Salary
✓ New York, NY
$65,000 vs $101,000
Better Purchasing Power
✓ Indianapolis, IN
$72,222 vs $54,011
Best Take-Home (COL-Adj)
✓ Indianapolis, IN
$64,631 vs $46,487
2
Detailed Comparison
| Metric | Indianapolis, IN | New York, NY | Diff |
|---|---|---|---|
| Median Annual Salary | $65,000 | $101,000▲ | -$36,000 |
| 25th Percentile | $50,050 | $77,770▲ | -$27,720 |
| 75th Percentile | $83,200 | $129,280▲ | -$46,080 |
| 90th Percentile | $104,000 | $161,600▲ | -$57,600 |
| Cost of Living Index | 90 | 187 | -97 |
| State Income Tax | 3.15%▲ | 6.85% | -3.6999999999999997% |
| COL-Adjusted Median | $72,222▲ | $54,011 | +$18,211 |
| Est. Annual Take-Home | $58,168 | $86,931▲ | -$28,763 |
| COL-Adj. Take-Home | $64,631▲ | $46,487 | +$18,144 |
| Total Employment | 22,500 | 102,000 | -79,500 |
▲ = Higher value wins for this metric. Diff = Indianapolis, IN minus New York, NY.
3Summary Analysis
On paper, New York, NY pays $36,000 more (median: $65,000 vs $101,000). However, after adjusting for cost of living (index 90 vs 187), Indianapolis, IN provides better purchasing power ($72,222 vs $54,011 equivalent). Indianapolis, IN has the lower state tax rate (3.15% vs 6.85%).
Data: U.S. Bureau of Labor Statistics OEWS · 2026 · Cost-of-living indices from composite metro area data. Take-home estimates approximate only — consult a tax professional for accurate figures.