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State comparison · 2025

Economists salary: New Jersey vs New York

Occupation

Economists in New Jersey earn a median of $167,550. In New York, $136,660. After cost-of-living, the gap is 21.6% — not 22.6%.

Nominal pay gap
+22.6%
New Jersey vs New York
COL-adjusted gap
+21.6%
After BEA Regional Price Parities

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

New York

Economists

Median
$136,660
p25
$104,420
p75
$224,990
p10
$82,130
p90
$292,850
COL index (BEA RPP)100 = US average
107.9
Hiring velocity (180d)
-53%
See full breakdown for New York

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.