State comparison · 2025
Economists salary: New Jersey vs Virginia
Economists in New Jersey earn a median of $167,550. In Virginia, $137,590. After cost-of-living, the gap is 13.2% — not 21.8%.
Nominal pay gap
+21.8%
New Jersey vs Virginia
COL-adjusted gap
+13.2%
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%
Virginia
Economists
- Median
- $137,590
- p25
- $93,920
- p75
- $179,730
- p10
- $74,600
- p90
- $232,410
- COL index (BEA RPP)100 = US average
- 101.1
- Hiring velocity (180d)
- -67%
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.