Psychologist vs Psychiatrist: Which Pays More?
Side-by-side salary comparison by city, experience level, and career growth outlook. Data reflects current market rates.
Psychologist
Assess, diagnose, and treat mental health conditions through therapy.
Psychiatrist
Diagnose and treat mental health disorders using medication and psychotherapy.
Psychiatrist earns more on average — the national median is $177,766/year (171%) higher than a Psychologist. However, salaries vary significantly by city, employer, and experience level — see the city-by-city breakdown below.
Psychologist vs Psychiatrist — Salary by City
National median figures in USD across top cities.
| City | Psychologist | Psychiatrist | Difference |
|---|---|---|---|
| San Francisco, CA | $147,611 | $420,872 | Psychologist $273,261 |
| New York, NY | $126,090 | $344,472 | Psychologist $218,382 |
| Seattle, WA | $150,879 | $412,989 | Psychologist $262,110 |
| Austin, TX | $117,260 | $317,235 | Psychologist $199,975 |
| Chicago, IL | $111,439 | $294,561 | Psychologist $183,122 |
| Boston, MA | $134,061 | $362,959 | Psychologist $228,898 |
| London, UK | £79,636 | £219,355 | Psychologist $139,719 |
| Toronto, Canada | CA$137,379 | CA$384,563 | Psychologist $247,184 |
Frequently Asked Questions
Does a Psychologist or Psychiatrist earn more?+
A Psychiatrist earns more on average. The national median salary for a Psychologist is $104,104/year, compared to $281,870/year for a Psychiatrist — a difference of $177,766 (171%).
Which has better career growth — Psychologist or Psychiatrist?+
Psychologist roles are growing at 6% YoY while Psychiatrist demand is growing at 18% YoY. Psychiatrist has stronger near-term demand growth.
Can you switch from Psychologist 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 — Psychologist or Psychiatrist?+
Psychiatrist has a lower AI automation risk (8% vs 8%). Based on Oxford Martin School and McKinsey 2023 analysis.