Investment Banker · Salary Comparison · 2026
Investment Banker Salary: New York, NY vs Seattle, WA
Side-by-side comparison of salary, taxes, cost of living, and take-home pay for Investment Bankers in New York, NY and Seattle, WA, based on BLS OEWS 2026 data.
1Which City Pays More After Tax?
Higher Gross Salary
✓ Seattle, WA
$185,000 vs $187,000
Better Purchasing Power
✓ Seattle, WA
$98,930 vs $115,432
Best Take-Home (COL-Adj)
✓ Seattle, WA
$85,150 vs $106,659
2
Detailed Comparison
| Metric | New York, NY | Seattle, WA | Diff |
|---|---|---|---|
| Median Annual Salary | $185,000 | $187,000▲ | -$2,000 |
| 25th Percentile | $142,450 | $143,990▲ | -$1,540 |
| 75th Percentile | $236,800 | $239,360▲ | -$2,560 |
| 90th Percentile | $296,000 | $299,200▲ | -$3,200 |
| Cost of Living Index | 187 | 162 | +25 |
| State Income Tax | 6.85% | 0%▲ | +6.85% |
| COL-Adjusted Median | $98,930 | $115,432▲ | -$16,502 |
| Est. Annual Take-Home | $159,231 | $172,788▲ | -$13,557 |
| COL-Adj. Take-Home | $85,150 | $106,659▲ | -$21,509 |
| Total Employment | 54,400 | 46,400 | +8,000 |
▲ = Higher value wins for this metric. Diff = New York, NY minus Seattle, WA.
3Summary Analysis
On paper, Seattle, WA pays $2,000 more (median: $185,000 vs $187,000). However, after adjusting for cost of living (index 187 vs 162), Seattle, WA provides better purchasing power ($98,930 vs $115,432 equivalent). Seattle, WA has no state income tax, which is a significant advantage.
Data: U.S. Bureau of Labor Statistics OEWS · 2026 · Cost-of-living indices from composite metro area data. Take-home estimates approximate only — consult a tax professional for accurate figures.