6. Kentucky
Annual median wage: $227,890
Cost of living: 90.8
Employment: 180
Known as one of America’s cheapest state to live in, the number 6 in our list of best states for psychiatrists was a pleasant surprise how Kentucky had the sixth-highest wages for psychiatrists. Despite their low employment rates for these professionals, the balance they have between income and expenses is truly astounding. It is quite rare for an American state to have low living expenses but wages reaching even higher than the national average.