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State comparison · 2025

Economists salary: Colorado vs New Jersey

Occupation

Economists in New Jersey earn a median of $167,550. In Colorado, $121,410. After cost-of-living, the gap is 23.5% — not 27.5%.

Nominal pay gap
-27.5%
Colorado vs New Jersey
COL-adjusted gap
-23.5%
After BEA Regional Price Parities

Colorado

Economists

Median
$121,410
p25
$82,430
p75
$157,350
p10
$73,450
p90
$193,480
COL index (BEA RPP)100 = US average
103.1
Hiring velocity (180d)
-40%
See full breakdown for Colorado

New Jersey

Economists

Median
$167,550
p25
$126,940
p75
$192,960
p10
$83,990
p90
$195,190
COL index (BEA RPP)100 = US average
108.8
Hiring velocity (180d)
-33%
See full breakdown for New Jersey

BLS Occupational Employment and Wage Statistics, May 2025. Cost-of-living adjustment from BEA Regional Price Parities (overall index). Hiring velocity from DOL OFLC public disclosure data, recent 180 days vs prior. See methodology.