Economists Salary in Boston-Cambridge-Newton, MA-NH
In Boston-Cambridge-Newton, MA-NH, economists earn $111,320 at the median — $53.52 an hour. Entry-level positions start around $67K. BLS does not publish top-end wages for this occupation because they exceed the reportable ceiling. Prices run high here (RPP 108.27), so that salary is closer to $102,817 in real purchasing power. A 2-bedroom apartment runs $2,941/month — about 41.8% of take-home, which is tight.
So what does $111K get you in Boston-Cambridge-Newton?
Groceries, utilities, transportation, and healthcare scaled from national averages by Boston-Cambridge-Newton’s Regional Price Parity (108.27). Rent from HUD Fair Market Rents. Taxes estimated for single filer, standard deduction. * Healthcare is the employee-paid share only (premiums + out-of-pocket). Actual costs vary by coverage type: employer-sponsored, ACA marketplace, or uninsured.
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Compensation breakdown
Annual earnings by percentile, Boston-Cambridge-Newton, MA-NH
Entry-level economists (10th percentile) start around $67K. Mid-career wages sit at $111K. Top earners bring in N/A or more.
Economists pay across states
Median income ranked highest to lowest, compared to the national figure
| State | Median salary | vs. national | Employment |
|---|---|---|---|
| District of Columbia | $163K | +41% | 3,010 |
| Virginia | $148K | +28% | 970 |
| New York | $142K | +23% | 870 |
| Maryland | $138K | +19% | 920 |
| Georgia | $127K | +10% | 340 |
| Ohio | $118K | +2% | 130 |
| Washington | $116K | +1% | 470 |
| Missouri | $116K | +0% | 210 |
| Kansas | $115K | -0% | 110 |
| Pennsylvania | $113K | -2% | 710 |
| Illinois | $113K | -2% | 590 |
| North Carolina | $112K | -3% | 250 |
| Oregon | $112K | -3% | 270 |
| Tennessee | $110K | -4% | N/A |
| Alaska | $109K | -6% | N/A |
| Minnesota | $107K | -7% | 210 |
| Texas | $106K | -8% | 620 |
| Alabama | $103K | -10% | 40 |
| Connecticut | $103K | -11% | 200 |
| Massachusetts | $103K | -11% | 770 |
| New Jersey | $102K | -11% | 110 |
| California | $101K | -13% | 1,400 |
| Arizona | $96K | -17% | N/A |
| Montana | $96K | -17% | 70 |
| Indiana | $96K | -17% | 60 |
| Michigan | $95K | -18% | 280 |
| Iowa | $93K | -20% | 70 |
| Florida | $89K | -23% | 460 |
| Louisiana | $89K | -23% | 70 |
| Nevada | $85K | -27% | 90 |
| New Mexico | $82K | -29% | N/A |
| Oklahoma | $82K | -29% | N/A |
| Hawaii | $82K | -29% | 60 |
| Maine | $81K | -30% | 60 |
| Idaho | $79K | -32% | 110 |
| Wisconsin | $77K | -33% | 330 |
| Nebraska | $67K | -42% | 90 |
| Kentucky | $65K | -43% | 160 |
| South Carolina | $52K | -55% | 660 |
Showing 1–10 of 39 states
BLS does not publish data for every state when sample sizes are too small
Track economists salary changes
BLS updates this data quarterly. We'll email you when Boston-Cambridge-Newton numbers change.
Related careers in Science
Frequently asked questions
How much do economists make in Boston-Cambridge-Newton, MA-NH?
The median is $111,320 a year, that works out to about $54 an hour. But the range is wide: entry-level workers start around $66,760, and experienced economists can clear N/A. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $111K enough to live in Boston-Cambridge-Newton?
On that salary, you'd take home roughly $6,761/month after taxes. A 2-bedroom here rents for about $2,941/month, which eats 43.5% of your paycheck. That's above the 30% rule of thumb, housing will be a stretch at the median salary, though you can manage with roommates or a smaller place.
How far does a economists salary go in Boston-Cambridge-Newton?
Boston-Cambridge-Newton has a Regional Price Parity of 108.27 (100 is the national average). Prices are above average here, so your dollar buys less than the same salary would in a cheaper metro. After cost-of-living adjustment, the median economists salary is worth about $102,817 in national-average purchasing power.
Where do economists 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.