PM Compensation in New York City: What to Expect
New York City is one of the highest-paying markets for Product Managers in the United States. With a salary multiplier of 1.3x compared to the national average, PMs in NYC can expect 30% higher compensation for equivalent roles.
The NYC tech market is characterized by a diverse mix of major tech companies, innovative startups, and established enterprises. Total compensation for Product Managers ranges from $175K for entry-level APMs to $4.0M+ for VPs at top tech companies.
NYC PM Salary by Level
| Level | Base Salary | Equity | Bonus | Total Comp |
|---|---|---|---|---|
| APM 0-2+ yrs | $137K | $25K | $14K | $175K |
| PM 2-5+ yrs | $182K | $50K | $22K | $254K |
| Sr PM 5-8+ yrs | $228K | $100K | $34K | $362K |
| Staff PM 8-12+ yrs | $280K | $175K | $50K | $505K |
| Principal PM 10-15+ yrs | $325K | $250K | $65K | $640K |
| GPM 7-12+ yrs | $286K | $150K | $51K | $487K |
| Director 10-15+ yrs | $364K | $250K | $80K | $694K |
* Salaries shown are median values for tier-2 tech companies in New York City. FAANG companies pay 30-50% more.
How NYC Compares to Other Cities
+35% vs national avg
$372K
Senior PM total comp
+30% vs national avg
$362K
Senior PM total comp
+25% vs national avg
$352K
Senior PM total comp
+5% vs national avg
$311K
Senior PM total comp
0% vs national avg
$301K
Senior PM total comp
Top PM Employers in New York City
These companies actively hire Product Managers in New York City and offer competitive compensation packages:
Meta
Amazon
Bloomberg
JPMorgan
Spotify
Datadog
Looking for PM jobs at these companies? Browse current openings in New York City on bestpmjobs.com.
Find PM Jobs in NYCCost of Living in New York City
Cost of Living Index
187
National avg = 100
Salary Premium
+30%
vs national average
Adjusted Value
193382
Purchasing power index
When evaluating PM opportunities in New York City, consider that the higher cost of living (187 index) partially offsets the salary premium. Your purchasing power may be similar to lower-cost cities with lower salaries.
Calculate Your Salary
Quick Salary Estimate
Estimated Total Comp
$372K
$255K - $546K
Get a personalized salary estimate based on your specific role, company type, and experience level.
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What is the average PM salary in New York City?
The average Product Manager salary in New York City is $228K base salary with total compensation of $362K including equity and bonus. This is 30% above the national average. Senior PMs at FAANG companies can earn $990K+ total compensation.
How does NYC PM salary compare to other cities?
New York City ranks 2 among major tech markets for PM compensation. San Francisco leads with 35% premium, followed by NYC (30%) and Seattle (25%). NYC offers competitive salaries with a 30% premium.
What companies hire PMs in New York City?
Top PM employers in New York City include Google, Meta, Amazon, Bloomberg, JPMorgan, and more. These companies offer competitive salaries ranging from $247K to $533K for mid-level PM roles.
Is it worth being a PM in NYC vs working remotely?
New York City offers higher salaries than remote work. With cost of living index at 187 (national average = 100), your higher salary comes with proportionally higher expenses. Consider total compensation, career opportunities, and lifestyle when deciding.