Nurse Practitioner vs Psychiatrist: Which Pays More?

Side-by-side salary comparison by city, experience level, and career growth outlook. Data reflects current market rates.

National Median Salary Comparison
Nurse Practitioner
$132,300
Psychiatrist
$281,870
Higher Pay
Healthcare

Nurse Practitioner

Provide advanced nursing care including diagnosing and treating conditions.

National Median
$132,300/yr
Entry
$132,490
Mid
$163,340
Senior
$202,940
+40% demand/yr12% AI risk
DiagnosisPrescribingPatient ManagementEMR
Full Nurse Practitioner salary data โ†’
Higher Pay
Healthcare

Psychiatrist

Diagnose and treat mental health disorders using medication and psychotherapy.

National Median
$281,870/yr
Entry
$243,684
Mid
$344,472
Senior
$486,946
+18% demand/yr8% AI risk
DSM-5PsychopharmacologyCBTPatient Evaluation
Full Psychiatrist salary data โ†’
Verdict

Psychiatrist earns more on average โ€” the national median is $149,570/year (113%) higher than a Nurse Practitioner. However, salaries vary significantly by city, employer, and experience level โ€” see the city-by-city breakdown below.

Nurse Practitioner vs Psychiatrist โ€” Salary by City

National median figures in USD across top cities.

CityNurse PractitionerPsychiatristDifference
San Francisco, CA$187,882$420,872Nurse $232,990
New York, NY$163,340$344,472Nurse $181,132
Seattle, WA$192,574$412,989Nurse $220,415
Austin, TX$143,940$317,235Nurse $173,295
Chicago, IL$139,454$294,561Nurse $155,107
Boston, MA$174,490$362,959Nurse $188,469
London, UKยฃ104,229ยฃ219,355Nurse $115,126
Toronto, CanadaCA$171,863CA$384,563Nurse $212,700
Pay Gap
113%
Psychiatrist earns more
Demand Growth
40% vs 18%
Nurse Practitioner vs Psychiatrist YoY
AI Risk
12% vs 8%
Nurse Practitioner vs Psychiatrist

Frequently Asked Questions

Does a Nurse Practitioner or Psychiatrist earn more?+

A Psychiatrist earns more on average. The national median salary for a Nurse Practitioner is $132,300/year, compared to $281,870/year for a Psychiatrist โ€” a difference of $149,570 (113%).

Which has better career growth โ€” Nurse Practitioner or Psychiatrist?+

Nurse Practitioner roles are growing at 40% YoY while Psychiatrist demand is growing at 18% YoY. Nurse Practitioner has stronger near-term demand growth.

Can you switch from Nurse Practitioner to Psychiatrist?+

Yes. Many professionals transition between these roles, especially since both are in the same category. Shared skills include: analytical thinking, communication, and industry knowledge.

Which is harder to automate โ€” Nurse Practitioner or Psychiatrist?+

Psychiatrist has a lower AI automation risk (8% vs 12%). Based on Oxford Martin School and McKinsey 2023 analysis.