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Materials Engineers Salary in New York: Cost of Living Adjusted (2024)

What does a Materials Engineers 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
$121,980
Median annual (2024)
-7.1%
Real Purchasing Power
$113,364
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 Materials Engineers earning $121,980 in New York has the equivalent purchasing power of $113,364 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) $67,850 $63,057 $-4,792
25th Percentile (P25) $86,190 $80,102 $-6,087
Median (P50) $121,980 $113,364 $-8,615
75th Percentile (P75) $158,200 $147,026 $-11,173
90th Percentile (P90) $163,610 $152,053 $-11,556
Key Insight

While $121,980 sounds high, New York's elevated cost of living erases 7% of that salary's purchasing power. Your real buying power is $113,364. Consider whether the higher pay offsets the higher costs.

Best States for Materials Engineers (After Cost of Living)

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

$130,244
RPP 98.0
$128,242
RPP 109.8
3. Alabama
$125,455
RPP 87.8
$124,685
RPP 105.0
5. Wyoming
$124,450
RPP 91.9
6. Oregon
$119,474
RPP 106.6
7. Texas
$119,148
RPP 97.5
$118,699
RPP 102.3
$118,376
RPP 91.8
$118,301
RPP 93.6

New York ranks #17 out of 46 states for Materials Engineers after cost-of-living adjustment.

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Frequently Asked Questions

What is the real salary for a Materials Engineers in New York after cost of living?

A Materials Engineers in New York earns a median salary of $121,980 per year. After adjusting for New York's cost of living (RPP=107.6), the real purchasing power is $113,364 — 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 Materials Engineers in New York: $121,980 x (100 / 107.6) = $113,364. 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 Materials Engineers's nominal salary of $121,980 in New York has 7.1% less purchasing power due to higher living costs. The real value is $113,364. However, New York may offer better career opportunities, networking, and industry access.

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