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Electrical and Electronics Installers and Repairers, Transportation Equipment Salary in New York: Cost of Living Adjusted (2024)

What does a Electrical and Electronics Installers and Repairers, Transportation Equipment 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 2026-03-31

Nominal Salary
$91,530
Median annual (2024)
-7.1%
Real Purchasing Power
$85,065
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 Electrical and Electronics Installers and Repairers, Transportation Equipment earning $91,530 in New York has the equivalent purchasing power of $85,065 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) $44,960 $41,784 $-3,175
25th Percentile (P25) $63,900 $59,386 $-4,513
Median (P50) $91,530 $85,065 $-6,464
75th Percentile (P75) $91,530 $85,065 $-6,464
90th Percentile (P90) $91,530 $85,065 $-6,464
Key Insight

While $91,530 sounds high, New York's elevated cost of living erases 7% of that salary's purchasing power. Your real buying power is $85,065. Consider whether the higher pay offsets the higher costs.

Best States for Electrical and Electronics Installers and Repairers, Transportation Equipment (After Cost of Living)

Where does Electrical and Electronics Installers and Repairers, Transportation Equipment salary stretch the furthest? Top 10 states ranked by COL-adjusted median salary.

1. Kansas
$112,255
RPP 90.0
2. Nevada
$103,257
RPP 96.4
$98,451
RPP 109.8
$94,354
RPP 89.8
$92,041
RPP 91.1
$88,015
RPP 102.3
7. Texas
$86,635
RPP 97.5
$85,065
RPP 107.6
9. Arizona
$82,922
RPP 99.9
10. Illinois
$82,645
RPP 101.3

New York ranks #8 out of 29 states for Electrical and Electronics Installers and Repairers, Transportation Equipment after cost-of-living adjustment.

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Frequently Asked Questions

What is the real salary for a Electrical and Electronics Installers and Repairers, Transportation Equipment in New York after cost of living?

A Electrical and Electronics Installers and Repairers, Transportation Equipment in New York earns a median salary of $91,530 per year. After adjusting for New York's cost of living (RPP=107.6), the real purchasing power is $85,065 — 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 Electrical and Electronics Installers and Repairers, Transportation Equipment in New York: $91,530 x (100 / 107.6) = $85,065. 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 Electrical and Electronics Installers and Repairers, Transportation Equipment's nominal salary of $91,530 in New York has 7.1% less purchasing power due to higher living costs. The real value is $85,065. However, New York may offer better career opportunities, networking, and industry access.

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