October 27, 2011
City-by-City Rankings: Buying Power of Starting Associate SalariesNALP, Buying Power Index Class of 2010:
Median Private Practice Salaries Cities Ranked by Buying Power of the Salary (Class of 2010)
|City||Reported Median Salary||Salary Required to Yield New York City Buying Power*||Buying Power Index|
|Los Angeles, CA||160,000||100,700||1.589|
|St. Louis, MO||100,000||66,840||1.496|
|Newport Beach, CA||160,000||108,100||1.480|
|Menlo Park, CA||160,000||115,340||1.387|
|Mountain View, CA||160,000||115,340||1.387|
|Palo Alto, CA||160,000||115,340||1.387|
|Kansas City, MO||100,000||72,240||1.384|
|San Francisco, CA||160,000||121,110||1.321|
|Salt Lake City, UT||95,000||74,380||1.277|
|New Orleans, LA||90,000||71,645||1.256|
|Fort Worth, TX||79,000||67,280||1.174|
|Las Vegas, NV||80,000||75,270||1.063|
|San Antonio, TX||75,000||70,680||1.061|
|New York, NY||160,000||160,000||1.000|
|San Diego, CA||90,000||97,670||0.921|
|Des Moines, IA||60,000||67,210||0.893|
|Baton Rouge, LA||54,500||70,980||0.768|
|Little Rock, AR||54,000||71,275||0.753|
|Oklahoma City, OK||50,000||67,800||0.737|
|Fort Lauderdale, FL||62,000||85,470||0.725|
|Long Beach, CA||72,000||100,700||0.715|
|San Jose, CA||80,000||115,340||0.694|
- ABA Journal, Why New York Isn’t No. 1: Associates in Dallas Get the Most Bang for Their Buck
- Above the Law, NALP ‘Buying Power’ Index Says Everything Is Bigger in Texas
- National Law Journal, When It Comes to Buying Power, Dallas Beats New York
TrackBack URL for this entry:
Listed below are links to weblogs that reference City-by-City Rankings: Buying Power of Starting Associate Salaries:
I'm always curious to know how these comparisons are calculated (though not curious enough to spend time researching it). Does this factor in things like when a person from Charlestown, WV making $72k a year wants to take a vacation compared to a person from NY making $160k per year taking that same vacation?
And what about when the person from Charlestown wants to retire to Phoenix or Florida compared to the person from NY?
Posted by: the real anon | Oct 27, 2011 3:18:05 PM
This is an interesting chart. The problem is that the salary data seems completely off.
Are they talking about all salaries? Just mid-size and large firm salaries?
Not to mention, where I work (a smaller market in the Southwest), they list the starting salary at $80,000. However, I started at just over $100k, and *every* mid-size or national firm out here starts at $105k-125k. I have no idea where they got this $80k number.
Posted by: Anon | Oct 28, 2011 12:05:41 PM