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Physicians, Pathologists Salary: Austin-Round Rock-San Marcos, TX vs Indianapolis-Carmel-Greenwood, IN

Physicians, Pathologists earn a median of $362,620 in Austin-Round Rock-San Marcos, TX and $342,090 in Indianapolis-Carmel-Greenwood, IN. That is a nominal gap of $20,530 (+6.0%), with Austin-Round Rock-San Marcos, TX paying more before any cost-of-living adjustment.

Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics survey, May 2025 estimates. Cost-of-living adjustment uses BEA Regional Price Parities, most recent release.

$362,620
Austin-Round Rock-San Marcos, TX median
$369,771 after COL
$342,090
Indianapolis-Carmel-Greenwood, IN median
$357,476 after COL
+6.0%
Nominal gap
Austin-Round Rock-San Marcos, TX leads
+3.4%
Adjusted gap
Austin-Round Rock-San Marcos, TX leads after COL

The story behind the numbers

On raw wages, Austin-Round Rock-San Marcos, TX pays $20,530 more per year than Indianapolis-Carmel-Greenwood, IN for physicians, pathologists, a gap of +6.0%.

After adjusting for cost of living, Austin-Round Rock-San Marcos, TX still comes out ahead, with roughly $12,296 of extra purchasing power (+3.4% real gap). Local prices do not reverse the nominal advantage.

Full breakdown by location

Detailed wage, employment, and cost-of-living figures for physicians, pathologists in each location. Click through to the full local salary page for percentiles, outlook, and peer areas.

Physicians, Pathologists

Austin-Round Rock-San Marcos, TX

Median salary
$362,620
Mean salary
$291,820
Employment
N/A
Location quotient
N/A
Jobs per 1,000
N/A
COL-adjusted median
$369,771
Regional Price Parity
98.1%

Exact metro RPP match.

Full Physicians, Pathologists page for Austin-Round Rock-San Marcos, TX →

Physicians, Pathologists

Indianapolis-Carmel-Greenwood, IN

Median salary
$342,090
Mean salary
$313,590
Employment
260
Location quotient
3.26
Jobs per 1,000
0.2
COL-adjusted median
$357,476
Regional Price Parity
95.7%

Exact metro RPP match.

Full Physicians, Pathologists page for Indianapolis-Carmel-Greenwood, IN →

Related pages

Keep digging into physicians, pathologists from a different angle.

Common questions about this comparison

What does the cost-of-living adjustment actually do? +

It divides each location's nominal median wage by its Regional Price Parity (RPP), which measures how local prices compare to the national average (100 = national). A wage of $100,000 in an area with RPP 120 has the same purchasing power as roughly $83,000 nationally.

Why would the nominal and adjusted winners disagree? +

High-cost metros often pay higher salaries, but not by enough to fully offset the higher cost of housing, goods, and services. When that happens, the location with the lower nominal wage actually offers more real purchasing power.

What is a location quotient? +

The location quotient measures how concentrated an occupation is in a given area versus the national average. A value of 2.0 means the occupation is twice as common there as nationally. It is a signal of what a metro specializes in.