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Salary data from BLS Occupational Employment and Wage Statistics

Psychiatric Technicians Salary: Nevada vs New York

Psychiatric Technicians earn a median of $47,820 in Nevada and $57,630 in New York. That is a nominal gap of $9,810 (-17.0%), with New York 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.

$47,820
Nevada median
$47,830 after COL
$57,630
New York median
$53,400 after COL
-17.0%
Nominal gap
New York leads
-10.4%
Adjusted gap
New York leads after COL

The story behind the numbers

On raw wages, New York pays $9,810 more per year than Nevada for psychiatric technicians, a gap of +17.0%.

After adjusting for cost of living, New York still comes out ahead, with roughly $5,570 of extra purchasing power (+10.4% real gap). Local prices do not reverse the nominal advantage.

Full breakdown by location

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

Psychiatric Technicians

Nevada

Median salary
$47,820
Mean salary
$47,410
Employment
1,380
Location quotient
1.02
Jobs per 1,000
0.9
COL-adjusted median
$47,830
Regional Price Parity
100.0%

Exact state RPP match.

Full Psychiatric Technicians page for Nevada →

Psychiatric Technicians

New York

Median salary
$57,630
Mean salary
$56,450
Employment
1,770
Location quotient
0.21
Jobs per 1,000
0.2
COL-adjusted median
$53,400
Regional Price Parity
107.9%

Exact state RPP match.

Full Psychiatric Technicians page for New York →

Related pages

Keep digging into psychiatric technicians 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.