Economics Teachers, Postsecondary Salary
In New York, economics teachers, postsecondaries earn $127,500 at the median. The range runs from $73K at the entry level to $233K for experienced workers. Adjusted for local prices (RPP 98.21), that's roughly $129,824 in purchasing power. Rent on a 2-bedroom averages $1,917/month, or 25.5% of estimated take-home pay.
Statewide average. Salary and cost of living vary significantly across New York. Jump to a metro for precise data:
So what does $128K get you in New York?
About economics teachers, postsecondaries
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What this looks like in New York
Economics teachers, postsecondary pay in New York tracks closely to the national median, $128K locally vs. $124K nationwide, a 3% difference. Rent runs $1,917/month for a 2-bedroom (HUD FMR), taking 25.2% of the median take-home. That's within the 30% rule, though not by much. Cost of living (RPP 98.21) is near the national average, so spending patterns here track the typical American budget fairly closely. Pay and costs are both near average, leaving limited margin for savings at the median wage.
Compensation breakdown
Annual earnings by percentile, New York
Entry-level economics teachers, postsecondaries (10th percentile) start around $73K. Mid-career wages sit at $128K. Top earners bring in $233K or more, a $160K spread from bottom to top.
Economics Teachers, Postsecondary salary by metro in New York
4 metro areas with BLS data, ranked by median pay
| Metro area | Median salary | vs. state | Employment |
|---|---|---|---|
| New York-Newark-Jersey City | $132K | +4% | 930 |
| Albany-Schenectady-Troy | $125K | -2% | 90 |
| Syracuse | $124K | -3% | N/A |
| Rochester | $122K | -5% | 80 |
Compare to other states
Track economics teachers, postsecondary salary changes
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Frequently asked questions
Can a economics teachers, postsecondary afford a 2BR apartment alone in New York?
Yes — at the median salary of $128K, rent takes 25.2% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $1,917/month. That stays under the 30% guideline most financial planners use.
What’s the entry-level salary for economics teachers, postsecondaries in New York?
The 10th-percentile wage — what new economics teachers, postsecondaries typically earn — is $73K/year. Take-home on that works out to about $4,407/month. At HUD’s $1,917/month FMR, rent would take 43% of that take-home — above the 30% guideline, so a 1-bedroom or shared housing is likely necessary starting out.
Is economics teachers, postsecondary a high-paying job in New York?
Pay here is roughly in line with the national average — $128K locally vs. $124K nationally, a 3% difference.
How does New York compare to the national average for economics teachers, postsecondaries?
New York pays $128K median vs. the U.S. average of $124K — that’s +3%. After adjusting for local cost of living (RPP 98.21), the purchasing-power equivalent is $130K — still ahead of the national median.
How much do economics teachers, postsecondaries make in New York?
The median is $127,500 a year. But the range is wide: entry-level workers start around $73,450, and experienced economics teachers, postsecondaries can clear $233,490. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $128K enough to live in New York?
On that salary, you'd take home roughly $7,608/month after taxes. A 2-bedroom here rents for about $1,917/month, which eats 25.2% of your paycheck. That's under the 30% guideline most financial planners use, so the numbers work.
How far does a economics teachers, postsecondary salary go in New York?
New York has a Regional Price Parity of 98.21 (100 is the national average). That's below average, your money stretches further here than the raw salary number suggests. After cost-of-living adjustment, the median economics teachers, postsecondary salary is worth about $129,824 in national-average purchasing power.
Where do economics teachers, postsecondaries get paid the most?
The table above ranks every state by median pay for this role. Keep in mind that the highest-paying states tend to have the highest costs of living, so the top salary doesn't always mean the most money in your pocket.