Sovereign

Tech

Data Scientist Salary · New York vs Miami

Net pay, tax drag, and purchasing power modeled for 2025 offers. Built for relocating teams, expats, and comp committees.

Net pay

New York

$133,979

26.2% effective rate

Net pay

Miami

$95,362

23.7% effective rate

Annual delta

Spread

+$38,618

New York advantage

City

New York

The global financial capital, characterized by high compensation but significant cost of living and local tax burdens.

Median professional income

$78,500

Role modeled

Data Scientist

Gross base

$181,500

Net after tax

$133,979

Cost-of-living index

73

Rent index

64

City

Miami

A gateway for Latin American finance with favorable tax conditions and a growing hedge fund presence.

Median professional income

$63,000

Role modeled

Data Scientist

Gross base

$125,000

Net after tax

$95,362

Cost-of-living index

52

Rent index

62

Purchasing power

Net income vs lifestyle drag

New York

$11,165

Housing$3,349
Essentials$2,233
Discretionary$2,791
Savings$2,791

Miami

$7,947

Housing$2,384
Essentials$1,589
Discretionary$1,987
Savings$1,987

Cost-of-living deep dive

Flip into the COL template for this exact pair. See rent burdens, discretionary drift, and PPP commentary.

Open COL page

Remote benchmark

Need a borderless baseline? Run the remote analyzer across our tier-one city basket.

Remote comparison

More combinations

Interlink into adjacent hubs to keep crawlers following the mesh.

Frequently asked

Who wins for Data Scientist net pay: New York or Miami?+
New York keeps about $38,618 more after tax (26.2% effective rate) compared to Miami (23.7%).
How different are the cost-of-living profiles?+
New York posts a cost-of-living index of 73 and rent index of 64. Miami comes in at 52 / 62. The purchasing power gap tightens once you factor in rent and lifestyle drift.
What salary uplift offsets Miami's taxes?+
You would need roughly $50,620 in additional gross compensation to match the same take-home pay in New York.