Average faculty salary

<p><strong>USN&WR</strong> <strong>Faculty compensation:</strong> Research shows there is a linkage between academic outcomes and compensation of faculty. The average faculty pay and benefits are adjusted for regional differences in cost of living. This includes full-time assistant, associate and full-time professors. The average salary values are computed for the 2 most recent academic years, summed and then divided by 2.</p>

<p>If a school submits fewer than two years of faculty salary data, then U.S. News uses only one year. The regional differences in cost of living are taken from the  <a href="https://www.bea.gov/data/prices-inflation/regional-price-parities-state-and-metro-area" target="_blank">Regional Price Parities by State and Metro Area indexes</a> from the U.S. Department of Commerce's Bureau of Economic Analysis (BEA).</p>

<p>BEA's regional price indexes allows comparisons of buying power across the 50 states and the District of Columbia, or from one metro area to another, for a given year. Price levels are expressed as a percentage of the overall national level. The regional price indexes cover all consumption goods and services, including housing rents.</p>

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<p>Higher average faculty salaries after adjusting for regional cost of living score better than lower average faculty salaries in the rankings.</p>

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