Salaries are soaring for data scientists but the highest nominal pay isn’t always the best choice. A study reveals that when salaries are adjusted for cost of living, Houston provides data scientists with the best bang for their buck.
Macy Bayern filed this report in Tech Republic:
Using salary data averaged from the Metropolitan Statistical Area (MSAO) and cost-of-living estimates from the US Bureau of Economic Analysis regional price parities, Indeed determined the following 10 best locations for data scientists in terms of salary:
1. Houston-The Woodlands-Sugar Land, TX — Average salary: $137,648; Salary adjusted for cost of living: $123,010
2. San Francisco-Oakland-Hayward, CA — Average salary: $166,519; Salary adjusted for cost of living: $121,193
3. Seattle-Tacoma-Bellevue, WA — Average salary: $146,088; Salary adjusted for cost of living: $119,941
4. Atlanta-Sandy Springs-Roswell, GA — Average salary: $117,002; Salary adjusted for cost of living: $110,171
5. San Jose-Sunnyvale-Santa Clara, CA — Average salary: $153,535; Salary adjusted for cost of living: $109,668
6. Bridgeport-Stamford-Norwalk, CT — Average salary: $144,444; Salary adjusted for cost of living: $109,179
7. New York, Newark, Jersey City, NY-NJ-PA — Average salary: $146,067; Salary adjusted for cost of living: $108,681
8. Boston-Cambridge-Newton, MA-NH — Average salary: $132,922; Salary adjusted for cost of living: $108,596
9. Austin-Round Rock, TX — Average salary: $119,359; Salary adjusted for cost of living: $108,410
10. Chicago, Naperville, Elgin, IL-IN-WI — Average salary: $123,713; Salary adjusted for cost of living: $108,141
