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Salary data from BLS Occupational Employment and Wage Statistics

Aerospace Engineers Salary: New Mexico vs Washington

Aerospace Engineers earn a median of $139,770 in New Mexico and $158,600 in Washington. That is a nominal gap of $18,830 (-11.9%), with Washington paying more before any cost-of-living adjustment.

Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics survey, May 2024 estimates. Cost-of-living adjustment uses BEA Regional Price Parities, most recent release.

$139,770
New Mexico median
$151,575 after COL
$158,600
Washington median
$148,206 after COL
-11.9%
Nominal gap
Washington leads
+2.3%
Adjusted gap
New Mexico leads after COL

The story behind the numbers

On raw wages, Washington pays $18,830 more per year than New Mexico for aerospace engineers, a gap of +11.9%.

After adjusting for cost of living, the picture flips. New Mexico actually offers more purchasing power, effectively paying $3,368 more in national-price-level terms (a +2.3% real gap). The higher nominal wage in the other location is eaten up by higher local prices.

Full breakdown by location

Detailed wage, employment, and cost-of-living figures for aerospace engineers in each location. Click through to the full local salary page for percentiles, outlook, and peer areas.

Aerospace Engineers

New Mexico

Median salary
$139,770
Mean salary
$141,350
Employment
1,940
Location quotient
5.07
Jobs per 1,000
2.3
COL-adjusted median
$151,575
Regional Price Parity
92.2%

Exact state RPP match.

Full Aerospace Engineers page for New Mexico →

Aerospace Engineers

Washington

Median salary
$158,600
Mean salary
$159,790
Employment
5,700
Location quotient
3.63
Jobs per 1,000
1.6
COL-adjusted median
$148,206
Regional Price Parity
107.0%

Exact state RPP match.

Full Aerospace Engineers page for Washington →

Related pages

Keep digging into aerospace engineers from a different angle.

Common questions about this comparison

What does the cost-of-living adjustment actually do? +

It divides each location's nominal median wage by its Regional Price Parity (RPP), which measures how local prices compare to the national average (100 = national). A wage of $100,000 in an area with RPP 120 has the same purchasing power as roughly $83,000 nationally.

Why would the nominal and adjusted winners disagree? +

High-cost metros often pay higher salaries, but not by enough to fully offset the higher cost of housing, goods, and services. When that happens, the location with the lower nominal wage actually offers more real purchasing power.

What is a location quotient? +

The location quotient measures how concentrated an occupation is in a given area versus the national average. A value of 2.0 means the occupation is twice as common there as nationally. It is a signal of what a state specializes in.