February 09, 2006
Law Professor Pay
Posted by Gordon Smith

Steve Bainbridge is contemplating law professor salaries in the University of California system. Before I got really envious, I decided to check the cost of living. This is always dicey because it depends on lots of assumptions, but just remember that it's all in good fun.

If the U.S. overall is 100, here are comparisions between Madison and some other towns (the calculator):

Salary Madison = 102.7

Ann Arbor = 95.3
Austin = 90.1
Boston = 145.3
Champaign-Urbana = 89.8
Charlottesville = 115.3
Chicago = 115.2
Los Angeles = 153
Minneapolis = 113.9
Nashville = 88
New Haven = 120.4
New York = 176.6
Phoenix = 107.8
Portland = 107
Provo = 90.3
San Diego = 177.1
San Francisco = 206
St. Louis = 87.8
Washington, D.C. = 141.6
Wilmington = 98.2

So, where are the best-paid law professors in the United States in terms of purchasing power? If you ignore consulting income, Vanderbilt or Wash U. might be good bets.

UPDATE: Or maybe the University of Virginia. While I was almost envious, Brian Leiter was shocked that salaries in California weren't higher. Looks like we should add Austin to the list of purchasing powerhouses, too.

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