Background
First, before we begin, here are some official reference points on Nurse Anesthetist Salary NYC from official sources:
- Salary.com states the median CRNA Salary in NYC is US$224,616 and ranges from US$189,873 at the lowest 10% and US$263,624 at the highest 90% quartile.
- In the official AANA career survey of over 5,000 CRNAs, the median CRNA salary in New York is US$190,000 and the median CRNA total income is US$220,000.
- The US government Bureau of Labor Statistics reported the average CRNA salary in New York is US$200,350.
CRNA Schools in Philadelphia | State | City | Degree Offered | In-State CRNA Tuition (US$000's) | Out-of-State CRNA Tuition (US$000's) | CRNA Acceptance Rate | CRNA Program Length (Months) |
---|---|---|---|---|---|---|---|
Drexel CRNA | Pennsylvania | Philadelphia | MSN | $100 | $100 | 14% | 28 |
Jefferson CRNA Program | Pennsylvania | Philadelphia | DNP | $145 | $145 | 13% | 36 |
UPenn CRNA | Pennsylvania | Philadelphia | DNP | $219 | $219 | 22% | 36 |
How CRNA Salary in NYC Works
- CRNA Job Offer #1: US$170,000 (New York City)
- CRNA Offer #2: US$180,000 (New York City)
- Nurse Anesthetist Job Offer #3: US$185,000 (Long Island, outside NYC)
- CRNA Offer #4: US$190,000 (Mount Kisco, outside NYC)
- CRNA Job Offer #5: US$160,000 (Rochester, outside NYC)
Benefits were quite standard from all the hospitals. They included standard malpractice, health insurance, life insurance, dental, disability, matching contribution to retirement plans.
Overall, I found the demand for CRNAs is strong in NYC. Together with the high cost of living, the CRNA Salary in NYC has been increasing in recent years. Older graduates say 5 years ago, the starting CRNA salary for fresh graduates’ in NYC started at US$150,000 to US$160,000. So, the Nurse Anesthetist Salary NYC has increased about 10% over the years compared to the US$170,000 to US$180,000 job offer range that graduates receive today.
Sign-on Bonus for CRNA Salary in NYC
Specifically for NYC, the CRNA standard sign-on bonuses were US$10,000 per year. Some NYC hospitals offered a US$10,000 sign-on bonus for one year and others offered US$20,000 for 2 years and US$30,000 for 3 years. Although it’s great to receive more money, I generally recommend shorter commitments unless you are 100% committed to staying at the hospital for the entire length of the obligation. If you leave the hospital prior to the agreement, the hospital will ask for the entire signing bonus to be returned. In addition, it’s very damaging for your personal reputation and you may be blacklisted from the hospital and/or related groups (the CRNA circle is very small, especially within each State).
NYC Sign on Bonus Commitments
Indirectly, these sign-on bonuses are considered retention bonuses because they can have strings attached. I’ve seen CRNA sign-on bonuses paid out prior to graduation in addition to ones paid out half and half. To clarify, the hospital paid half prior to graduation and the other half after 6 months of employment. To emphasize, sign on bonuses always have a commitment in terms of the numbers of years you need to continue working at that hospital. Remember – There ain’t no such thing as a free lunch!
As a side note, it’s important that you speak with other CRNAs working at the hospital in or ask around about the hospital’s reputation, especially for long multiple year commitments. The reason is because an unknown hospital may be mismanaged and offering high sign-on bonuses as the only way to attract staff. It’s always important to do your research before you join a hospital in NYC.
Benefits for CRNA Salary in NYC
Why CRNA Salary in NYC Matters?
It’s always fun to compare salaries with peers within the anesthesia field and friends in different industries. But I’m sharing these numbers and acquisitions to make one point very clear – NYC is an expensive place to live!
Let’s say you are lucky and receive a CRNA job in NYC with US$170,000 salary per year. It sounds great, but your take home pay after taxes is only about US$9,000.
Then you need to take into account spending. Basic expenses may include:
- Housing rent / electricity / internet / utilities ~ US$3,500 for a one bedroom apartment
- 401K contribution ~ US$1,600 per month
- Meals, going out occasionally, transport ~ US$1,500 per month (assuming US$50 per day, depends on the person)
- Any student loan payments
At the end of the day, you’re left with pure cash savings of US$2,400 per month or approximately US$30,000 per year. And this excludes any one time expenses (like an iPhone or wedding) or vacations. So, this salary won’t make you wealthy anytime soon, but it gives you a reasonably well comfortable life. To clarify you are guaranteed the foundation to save, invest, accumulate wealth and even move to a cheaper city in the future with your savings. Most people would call that an excellent outcome as a career choice.
Other Factors for CRNA Salary in New York City
Second, if your main purpose is money, you would be able to save more by working in other cities. This is because the cost of living in NYC is very expensive compared to the CRNA Salary in NYC. You would be able to earn the same CRNA salary in other States but have nearly half the cost of accommodation and living expenses.
The #1 factor is the lifestyle of diversity, culture, and opportunity where you’ll never run out of things to do.
Best CRNA Programs
Nurse Anesthetist Salary Map
How does CRNA Salary in NYC compare to other cities? Check out the nurse anesthetist salary map below to find out.
Notes:
The darker the green color equivocates to a higher the average CRNA salary.
1st Tier = Top 25% CRNA Salary in the US
2nd Tier = Top 50% CRNA Salary in the US
3rd Tier = Top 75% CRNA Salary in the US
4th Tier = Bottom 25% CRNA Salary in the US
Data source: AANA Career Survey
Other New York CRNA Information
Other CRNA Salary Information
- CRNA Starting Salary
- CRNA Salary Chicago
- AANA Survey on CRNA Salary
- CRNA Salary Houston
- CRNA Salary By State
Conclusion
What I’ve learned is the CRNA profession is different from other occupations, so the overall yearly salary metric is difficult to generalize. Many CRNA’s work multiple jobs, some do a lot of call shifts, while others run their own practice. My purpose on this article on CRNA Salary in NYC is not to give one concrete final number but to give a range of figures for you to think about, to help negotiate your job offer or to help you decide on which city you want to live and work as a CRNA.
Do you work in New York City as a CRNA? Please help share your salary information to help the community. We can all grow stronger by sharing together. Click on the image gallery below for more information on Nurse Anesthetist Salary in NYC.