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State comparison · 2025

Economists salary: Florida vs New Jersey

Occupation

Economists in New Jersey earn a median of $167,550. In Florida, $102,430. After cost-of-living, the gap is 35.7% — not 38.9%.

Nominal pay gap
-38.9%
Florida vs New Jersey
COL-adjusted gap
-35.7%
After BEA Regional Price Parities

Florida

Economists

Median
$102,430
p25
$72,880
p75
$134,180
p10
$65,850
p90
$174,900
COL index (BEA RPP)100 = US average
103.4
Hiring velocity (180d)
-64%
See full breakdown for Florida

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.