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Physician Salary: New York vs Washington DC

Annual median salary comparison (2024). All figures include local currency, USD equivalent, and PPP-adjusted purchasing power.

πŸ‡ΊπŸ‡Έ New York
United States
$288K USD
$288K USD
$288K PPP
Higher Purchasing Power
VS
USD Difference
+3%
New York vs Washington DC
πŸ‡ΊπŸ‡Έ Washington DC
United States
$279K USD
$279K USD
$279K PPP

Detailed Comparison

MetricNew YorkWashington DCDifference
Local Currency Salary$288K USD$279K USDβ€”
USD Equivalent$288K$279K+3%
PPP-Adjusted SalaryWINNER$288K πŸ†$279K+3%
25th Percentile$230K USD$223K USDβ€”
Median$288K USD$279K USDβ€”
75th Percentile$360K USD$349K USDβ€”
Annual Mean$311K USD$301K USDβ€”

What Does This Mean?

New York offers a Physician salary of $288K USD, while Washington DC offers $279K USD β€” a difference of +3% in raw terms.

After adjusting for purchasing power parity (PPP), New York's salary is worth $288K in US purchasing power terms, versus $279K for Washington DC. This means New York offers better real purchasing power for this role.

PPP adjustment accounts for differences in local prices β€” for example, housing costs 3x more in San Francisco than in Warsaw, so a San Francisco salary needs to be much higher to provide an equivalent standard of living.

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