Data Scientists Salary in New York: Cost of Living Adjusted (2024)

What does a Data Scientists salary really buy you in New York?

New York is 7.6% pricier than the US average

Data: BLS OEWS 2024 + BEA Regional Price Parities 2022 • Updated 2026-04-02

Nominal Salary
$128,890
Median annual (2024)
-7.1%
Real Purchasing Power
$119,786
COL-adjusted (RPP=107.6)

New York Cost of Living Index

New York's Regional Price Parity (RPP) is 107.6, meaning prices are 7.6% higher the national average. A Data Scientists earning $128,890 in New York has the equivalent purchasing power of $119,786 in an average-cost US state.

NY: 107.6
Cheapest (~85) US Avg (100) Priciest (~115)

Salary Breakdown: Nominal vs. COL-Adjusted

Every dollar goes further in low-cost states. Here is how each salary percentile compares after adjusting for New York's cost of living.

Percentile Nominal Salary COL-Adjusted Difference
10th Percentile (P10) $66,870 $62,146 $-4,723
25th Percentile (P25) $86,890 $80,752 $-6,137
Median (P50) $128,890 $119,786 $-9,103
75th Percentile (P75) $171,970 $159,823 $-12,146
90th Percentile (P90) $212,360 $197,360 $-14,999
Key Insight

While $128,890 sounds high, New York's elevated cost of living erases 7% of that salary's purchasing power. Your real buying power is $119,786. Consider whether the higher pay offsets the higher costs.

Best States for Data Scientists (After Cost of Living)

Where does Data Scientists salary stretch the furthest? Top 10 states ranked by COL-adjusted median salary.

1. Wyoming
$141,860
RPP 91.9
$141,612
RPP 98.0
$134,755
RPP 94.2
$133,822
RPP 86.6
$133,682
RPP 102.1
6. Idaho
$133,202
RPP 91.8
$128,094
RPP 88.7
$122,588
RPP 104.7
$120,783
RPP 109.8
$120,009
RPP 108.8

New York ranks #11 out of 51 states for Data Scientists after cost-of-living adjustment.

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How much do you actually take home? See Data Scientists take-home pay in New York after taxes →

Frequently Asked Questions

What is the real salary for a Data Scientists in New York after cost of living?

A Data Scientists in New York earns a median salary of $128,890 per year. After adjusting for New York's cost of living (RPP=107.6), the real purchasing power is $119,786 — a -7.1% difference.

Is New York expensive to live in?

New York's cost of living is 7.6% higher than the national average according to the BEA Regional Price Parities (2022). The RPP index for New York is 107.6 (US average = 100).

What are Regional Price Parities (RPP)?

Regional Price Parities (RPPs) are price indexes published by the U.S. Bureau of Economic Analysis (BEA) that measure differences in price levels across states. They are expressed as a percentage of the national average (US = 100). Higher RPP means higher cost of living.

How is the cost-of-living adjusted salary calculated?

The adjusted salary is calculated as: Nominal Salary x (100 / RPP). For a Data Scientists in New York: $128,890 x (100 / 107.6) = $119,786. This represents what the salary would be worth in a state with average living costs.

Does the high cost of living in New York offset the salary?

Partially — a Data Scientists's nominal salary of $128,890 in New York has 7.1% less purchasing power due to higher living costs. The real value is $119,786. However, New York may offer better career opportunities, networking, and industry access.

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