State comparison · 2025
Economists salary: Indiana vs New Jersey
Economists in New Jersey earn a median of $167,550. In Indiana, $80,750. After cost-of-living, the gap is 43.8% — not 51.8%.
Nominal pay gap
-51.8%
Indiana vs New Jersey
COL-adjusted gap
-43.8%
After BEA Regional Price Parities
Indiana
Economists
- Median
- $80,750
- p25
- $47,350
- p75
- $144,640
- p10
- $47,350
- p90
- $163,380
- COL index (BEA RPP)100 = US average
- 93.3
- Hiring velocity (180d)
- -82%
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%
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.