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Pay

Pay and cost of living

What first-years earn at each firm, what that salary is worth where you’d live, and how two offers compare once bonus, tax and rent are in.

First-year base across 98 firms

See every firm’s figure
  • $450,000+1 firm
  • $255,000+7 firms
  • $240,000+1 firm
  • $235,000+6 firms
  • $225,000+66 firms
  • $215,000+8 firms
  • $210,000+3 firms
  • $205,000+1 firm
  • $200,000+3 firms
  • $180,000+1 firm
  • $166,000+1 firm

From each firm’s own announcement or the market scale it follows, as labelled on its profile. Firms that don’t publish a figure are left out.

City move calculator

See what salary keeps the same buying power after a market change, then compare the tax hit and take-home pay in both cities.

$

Equivalent purchasing power

$199,144

$245,000 in New York needs to be $199,144 in Washington DC to maintain the same standard of living. Washington DC is 19% cheaper overall.

Cost index uses 100 as the U.S. average. New York is indexed at 187; Washington DC is indexed at 152. The tool answers the practical question: what percent more or less cash would make these markets feel financially equivalent?

Relocation read

Washington DC improves both buying power and take-home.

The market is cheaper than New York, and estimated take-home is up by $437. On this math, the move gives you more room without needing a higher headline salary.

Market cost index

New York

187

100 means average. New York is 87% above the U.S. metro average; housing, transportation, food, healthcare, and utilities are folded into the index.

Market cost index

Washington DC

152

100 means average. Washington DC is 52% above the U.S. metro average; housing, transportation, food, healthcare, and utilities are folded into the index.

Tax stack in New York

$245,000 grossbecomes $155,574 take-home (63.5%)

Federal income tax (progressive)

$49,704 (20.3%)

FICA (Social Security + Medicare)

$15,397 (6.3%)

State income tax

$14,954 (6.1%)

City / local income tax

$9,371 (3.8%)

Each bar is scaled to your gross. Hover any segment for bracket detail. 2026 single filer, before deductions beyond the standard.

Take-home

$155,574 (63.5%)

Tax stack in Washington DC

$245,000 grossbecomes $156,011 take-home (63.7%)

Federal income tax (progressive)

$49,704 (20.3%)

FICA (Social Security + Medicare)

$15,397 (6.3%)

State income tax

$23,888 (9.8%)

Each bar is scaled to your gross. Hover any segment for bracket detail. 2026 single filer, before deductions beyond the standard.

Take-home

$156,011 (63.7%)

Take-home - quoted market

$155,574

New York · after federal + state + city tax (single filer, est.)

Take-home - moving market

$156,011

Washington DC · after federal + state + city tax (single filer, est.)

Tax burden delta

-0.8%

Washington DC taxes 0.8% less on this income

Take-home delta

+$437

Your take-home goes up 0.3% in Washington DC

Cost-of-living indices and tax estimates are cited on the methodology page. Estimates, not tax advice.