Medical Billing and Coding Specialist Salary in Lafayette, IN: $28,883 (2026)
Quick Answer:A full-time medical billing and coding specialist in Lafayette, IN earns a median $28,883/year (≈ $13.88/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 29-2072). Once you factor in Lafayette's price level (9% below national, BEA RPP 91.3), that paycheck buys what $31,635 would nationally. Nominal pay sits 0.7% above the Indiana state average.
Based on BLS state-level estimates · View source
In 2026, individuals working as medical billing and coding specialists in Lafayette, Indiana, can expect a median annual salary of $28,883, which presents a lower figure compared to the national median of $30,349. The projected salary range for this role spans from $19,778 at the 10th percentile to $44,684 at the 90th percentile, reflecting significant variability in compensation that correlates with experience and specific job functions. These figures are based on 2025 BLS OEWS data, projected to 2026, and adjusted for Lafayette's regional cost of living, which sits below the national average. The ongoing shift towards remote work has broadened the scope for earnings potential, encouraging many to consider opportunities that extend beyond local possibilities, although candidates should remain aware of unique market dynamics within Lafayette.
About the Lafayette Market
Salary estimated from Indiana average ($46,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $19,778 | $9.51 |
| Lower Range (P25) | $25,240 | $12.14 |
| Median (P50)(typical) | $28,883 | $13.88 |
| Upper Range (P75) | $36,048 | $17.33 |
| Top Earners (P90) | $44,684 | $21.49 |
Median Salary Position
4.83% below the national average
2026 Salary Percentile Distribution in Lafayette
In Lafayette, IN, the medical billing and coding specialist salary spread from the 10th to 90th percentile is $24,906 (2026 est.). At $28,883, the local median is 4.83% below the national median of $30,349.
Salary Calculator
At 40 hours/week in Lafayette: You'd be in the lower-middle range
How Lafayette Medical Billing and Coding Specialist Pay Compares
Lafayette median: $28,883/year (2026)
| Compared To | Median Salary | Lafayette Pays |
|---|---|---|
| Indiana Average | $28,682 | +0.70% more |
| National Average | $30,349 | -4.83% less |
Medical Billing and Coding Specialists in Lafayette, IN earn a median of $28,883 per year (2026 est.), which is 4.83% lower than the national median of $30,349 and 0.70% above the Indiana state average of $28,682.
Cost-of-Living Adjusted Salary
Lafayette has a cost of living 8.70% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Lafayette, IN has a cost-of-living index of 91.3 (below the national average of 100). A medical billing and coding specialist earning $28,883 nominally has purchasing power equivalent to $31,635 in an average-cost city — an effective 9.53% boost.
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2021 BLS Actual
$45,750
2025 BLS Actual
$28,228
2026 Current Est.
$28,883
2021–2027 Growth
+-35.4%
Salary Trajectory for Medical Billing and Coding Specialists in Lafayette (2021–2027)
2021–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 2.32% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2021 | $45,750 | Actual |
| 2022 | $45,950 | Actual |
| 2023 | $47,460 | Actual |
| 2024 | $45,400 | Actual |
| 2025 | $28,228 | Actual |
| 2026(current) | $28,883 | Estimated |
| 2027 | $29,553 | Projected |
Based on 5 years of BLS OEWS data for the Lafayette metropolitan area, the median medical billing and coding specialist salary grew -38.3% from $45,750 (2021) to $28,228 (2025). At a 2.32% compound annual growth rate, salaries are projected to reach $29,553 by 2027 — a total increase of $-16,197 (-35.40%) from 2021.
Note: Historical values (2021–2025) are actual BLS OEWS figures for the Lafayette metropolitan area, sourced from annual Occupational Employment and Wage Statistics surveys. 2026–2026 figures are current estimates, and 2027 values are projections, calculated using a 2.32% CAGR derived from 5-year BLS historical data. Actual salaries may vary based on employer, experience, certifications, and local market conditions.
Salary by Experience Level
| Experience | Estimated Salary Range |
|---|---|
| 0-2 years (New Graduate) | $19,778 – $25,240 |
| 3-5 years (Mid Career) | $25,240 – $28,883 |
| 5+ years (Experienced) | $28,883 – $36,048 |
| 10+ years (Top Earner) | $36,048 – $44,684 |
MBS salary ranges estimated from BLS percentile data. Individual medical billing and coding specialist compensation varies by employer, certifications, and specialization.
Medical Billing and Coding Specialist Job Market in Lafayette
Focusing on the job market in Lafayette reveals that a modest group of 15 medical billing and coding specialists are actively employed in the area. This limited workforce may contribute to a competitive hiring environment, enhancing employment stability for those in the field. Lafayette's cost-of-living index is pegged at 91.3, indicating favorable affordability compared to the national benchmark, which can influence real take-home pay for residents. Among local employers, physician group practices and hospital coding departments offer some of the highest salaries, while remote opportunities with third-party coding companies add flexibility and potential for higher earnings. Variations in pay can arise from multiple factors, including specialty areas like inpatient coding and credential stacking that enhances marketability. For those seeking to maximize their earnings, pursuing advanced certifications, such as CPC or CCS, and engaging in ongoing professional development in emerging subspecialties could yield significant benefits in Lafayette's evolving medical coding landscape.
More salary data for Lafayette, IN:
Frequently Asked Questions
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Written by Amina Patel, CPC
Career Analyst
Amina has 10 years of experience in medical billing. She specializes in outpatient coding for multi-specialty practices.
Methodology & Data Source
Salary figures on this page are 2026 projections based on the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. The BLS reported a median annual salary of $28,228 for medical billing and coding specialistsin the Lafayette metropolitan area. A 2.32% compound annual growth rate (CAGR), calculated from 6-year national BLS wage trends, was applied to project current 2026 compensation. Percentile ranges (P10–P90) represent the full salary distribution across experience levels and practice settings in this market.
Data Sources & Methodology
Salary data for Lafayette is estimated from official BLS state-level occupational wage data (2025), adjusted for regional cost-of-living differences using BEA RPP (Regional Price Parities).
2026 figures are projected from 2025 BLS data using a compound annual growth rate (CAGR) of 2.32%, derived from historical BLS wage trends for medical billing and coding specialists (SOC 29-2072).
Compiled and verified by Amina Patel, CPC, a licensed medical billing and coding specialist with 10+ years of clinical experience. · View source data at BLS.gov