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Physician Salary: New York vs Philadelphia

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
+14%
New York vs Philadelphia
πŸ‡ΊπŸ‡Έ Philadelphia
United States
$252K USD
$252K USD
$252K PPP

Detailed Comparison

MetricNew YorkPhiladelphiaDifference
Local Currency Salary$288K USD$252K USDβ€”
USD Equivalent$288K$252K+14%
PPP-Adjusted SalaryWINNER$288K πŸ†$252K+14%
25th Percentile$230K USD$202K USDβ€”
Median$288K USD$252K USDβ€”
75th Percentile$360K USD$315K USDβ€”
Annual Mean$311K USD$272K USDβ€”

What Does This Mean?

New York offers a Physician salary of $288K USD, while Philadelphia offers $252K USD β€” a difference of +14% in raw terms.

After adjusting for purchasing power parity (PPP), New York's salary is worth $288K in US purchasing power terms, versus $252K for Philadelphia. 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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