St. Louis vs Austin: where does a psychiatrist save more?
Best for saving: Austin — about $10,401/mo after taxes and living costs.
St. Louis US | Austin US ★ Best for saving | |
|---|---|---|
| Median salary | $243,859 | $236,340 |
| Take-home / mo | $12,694 | $13,311 |
| Income tax | ~38% | ~32% |
| Living costs / mo | $2,490 | $2,910 |
| Savings / mo | $10,204 | $10,401 |
| Savings rate | 80% | 78% |
| Verdict | Excellent | Excellent |
Single professional, after-tax. "Savings" = take-home − a baseline cost of living. A planning estimate, not financial advice.
How we calculated this
• Salary: BLS/OECD median for a psychiatrist, adjusted per city.
• Tax: each country's single-filer effective rate (e.g. US ~38%, US ~32%).
• Living costs: a single professional's baseline monthly budget per city.
Estimates, not financial or tax advice. Updated 2026.