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State comparison · 2025

Economists salary: Iowa vs New Jersey

Occupation

Economists in New Jersey earn a median of $167,550. In Iowa, $96,310. After cost-of-living, the gap is 28.8% — not 42.5%.

Nominal pay gap
-42.5%
Iowa vs New Jersey
COL-adjusted gap
-28.8%
After BEA Regional Price Parities

Iowa

Economists

Median
$96,310
p25
$64,210
p75
$133,970
p10
$59,980
p90
$144,750
COL index (BEA RPP)100 = US average
87.8
See full breakdown for Iowa

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.