Published GME salary scale · Indianapolis, IN

IU School of Medicine Resident Salary 2026–27: $68,100 PGY-1

IU School of Medicine pays PGY-1 residents $68,100 in 2026–27, rising to $90,200 by PGY-10, according to its published salary scale. Adjusted for the cost of living in the Indianapolis area, that PGY-1 salary is worth $71,163 in U.S.-average dollars, ranking 49 of 72 institutions SalaryDr tracks.

Sponsoring institution: Indiana University School of Medicine

PGY-1 salary
$68,100
PGY-10 salary
$90,200
PGY-1, cost-of-living adjusted
$71,163
Resident Pay Index rank
49 of 72

IU School of Medicine salary by PGY year (2026–27)

Annual salary from the published scale. The adjusted column converts each figure to U.S.-average dollars using the Indianapolis area’s price level (95.7, where the U.S. = 100).

IU School of Medicine resident salary by postgraduate year, 2026–27
LevelAnnual salaryMonthlyCost-of-living adjusted
PGY-1$68,100$5,675$71,163
PGY-2$70,400$5,867$73,566
PGY-3$72,800$6,067$76,074
PGY-4$75,100$6,258$78,478
PGY-5$78,200$6,517$81,717
PGY-6$81,100$6,758$84,748
PGY-7$84,600$7,050$88,405
PGY-8$88,200$7,350$92,167
PGY-9$89,200$7,433$93,212
PGY-10$90,200$7,517$94,257

Stipends and benefits IU School of Medicine publishes

Meals
Meal money for on-call nights

How IU School of Medicine compares

The median PGY-1 salary across the 72 institutions SalaryDr tracks is $71,664, or $74,182 after adjusting for cost of living. IU School of Medicine pays $3,564 less than that median before the adjustment and $3,019 less than it after.

Nearby institutions

IU School of Medicine compared with nearby institutions
InstitutionCityPGY-1Cost-of-living adjustedRank
Michigan MedicineAnn Arbor, MI$77,049$76,37721
Medical College of WisconsinMilwaukee, WI$73,944$76,28023
UChicago MedicineChicago, IL$78,973$76,23224
Northwestern McGawChicago, IL$78,489$75,76527
UW Health (Madison)Madison, WI$73,449$75,49729
IU School of MedicineIndianapolis, IN$68,100$71,16349

See all 72 institutions in the Resident Pay Index · Resident salaries in Indiana

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Source and methodology

Salary source
Indiana University School of Medicine, published salary page
Academic year
2026–27 (rates effective July 1, 2026)
Last checked
What it says
July 2026-June 2027 ... PGY 1 $68,100.00
Cost of living
U.S. Bureau of Economic Analysis Regional Price Parity for the Indianapolis-Carmel-Greenwood, IN metro area: 95.7 (U.S. = 100), 2024 data. Adjusted salary = published salary ÷ (price parity ÷ 100).

Figures are base salary as the institution publishes it. They exclude stipends, bonuses, moonlighting and taxes unless noted. Report an error