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

What does a Neurologists 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
$214,820
Median annual (2024)
-7.1%
Real Purchasing Power
$199,646
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 Neurologists earning $214,820 in New York has the equivalent purchasing power of $199,646 in an average-cost US state.

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

While $214,820 sounds high, New York's elevated cost of living erases 7% of that salary's purchasing power. Your real buying power is $199,646. Consider whether the higher pay offsets the higher costs.

Best States for Neurologists (After Cost of Living)

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

$248,747
RPP 91.8
$214,497
RPP 109.4
$199,646
RPP 107.6
$195,955
RPP 108.8
5. Florida
$162,448
RPP 102.1
$146,538
RPP 96.2
$110,960
RPP 112.5

New York ranks #3 out of 7 states for Neurologists after cost-of-living adjustment.

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Frequently Asked Questions

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

A Neurologists in New York earns a median salary of $214,820 per year. After adjusting for New York's cost of living (RPP=107.6), the real purchasing power is $199,646 — 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 Neurologists in New York: $214,820 x (100 / 107.6) = $199,646. 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 Neurologists's nominal salary of $214,820 in New York has 7.1% less purchasing power due to higher living costs. The real value is $199,646. However, New York may offer better career opportunities, networking, and industry access.

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