State comparison · 2025
Economists salary: New Jersey vs Tennessee
Economists in New Jersey earn a median of $167,550. In Tennessee, $117,650. After cost-of-living, the gap is 20.3% — not 42.4%.
Nominal pay gap
+42.4%
New Jersey vs Tennessee
COL-adjusted gap
+20.3%
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%
Tennessee
Economists
- Median
- $117,650
- p25
- $96,170
- p75
- $145,220
- p10
- $83,610
- p90
- $162,670
- COL index (BEA RPP)100 = US average
- 91.9
- Hiring velocity (180d)
- -76%
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.