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State comparison · 2025

Economists salary: Massachusetts vs New Jersey

Occupation

Economists in New Jersey earn a median of $167,550. In Massachusetts, $106,380. After cost-of-living, the gap is 34.7% — not 36.5%.

Nominal pay gap
-36.5%
Massachusetts vs New Jersey
COL-adjusted gap
-34.7%
After BEA Regional Price Parities

Massachusetts

Economists

Median
$106,380
p25
$91,690
p75
$155,130
p10
$74,080
p90
$222,610
COL index (BEA RPP)100 = US average
105.8
Hiring velocity (180d)
-78%
See full breakdown for Massachusetts

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.