How Much Does MBA Degree Cost in New York City, NY?

New York City pricing is 45% above the national average. Updated for 2026.

Based on local labor rates, humid-continental climate conditions, and New York City's finance-media-tech economy.See our methodology

Low End
$29,000
Average
$94,250
High End
$217,500
total program
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MBA Degree Pricing in New York City, NY

New York City is a high-cost market where mba degree runs about 45% above the national average. The city's finance-media-tech economy supports higher wages, which translates to elevated contractor rates. With a population of 8.3M, competition among providers exists but demand keeps prices firm.

Local climate plays a direct role in mba degree costs here. Harsh winters increase heating costs and seasonal pricing for outdoor work.

Market-specific factors matter in New York City: NYC contractor licensing requirements add overhead; Manhattan costs 20-40% more than outer boroughs.

New York City has strict permitting requirements. Budget an additional 5-15% for permits, inspections, and code compliance when planning your mba degree project. Licensed contractors familiar with local codes can navigate this process efficiently.

New York City vs National Average

New York City Average
$94,250
National Average
$65,000
Difference
+45%
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What Affects MBA Degree Cost in New York City?

Program Type

Online: $20K-$60K. State school: $30K-$80K. Top 25: $100K-$200K total

Top Schools

Harvard/Stanford/Wharton: $150K-$200K tuition alone. Average starting salary post-MBA: $150K-$175K

New York City Market Conditions

NYC contractor licensing requirements add overhead; Manhattan costs 20-40% more than outer boroughs

Local Climate Impact

harsh winters increase heating costs and seasonal pricing for outdoor work

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Top-Rated MBA Degree Pros in New York City, NY

7 providers

Elevate Educational Services

โญ PREMIUM
โ˜…โ˜…โ˜…โ˜…โ˜…4.7(8 reviews)
๐Ÿ“ 189 Oak Ave, New York City, NY๐Ÿ—๏ธ Since 2003
โœ“ Licensedโœ“ Insuredโšก Usually responds in 3 hours

Serving New York City and surrounding areas since 2003. Licensed, insured, and committed to quality workmanship at fair prices.

Scholar Learning Center

โœ… VERIFIED
โ˜…โ˜…โ˜…โ˜…โ˜…4.9(46 reviews)
๐Ÿ“ 952 Industrial Blvd, New York City, NY๐Ÿ—๏ธ Since 2006
โœ“ LicensedBBB: A+โšก Usually responds in 3 hours

Accelerate Tutoring

โ˜…โ˜…โ˜…โ˜…โ˜…4.8(180 reviews)
๐Ÿ“ 102 Commerce Dr, New York City, NY๐Ÿ—๏ธ Since 2012
โœ“ LicensedBBB: A+

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Tips to Save on MBA Degree in New York City

  • 1.Employer tuition reimbursement covers $5,000-$20,000+ per year at many companies
  • 2.Online MBA programs from accredited schools cost 50-70% less
  • 3.Consider ROI carefully โ€” a top-20 MBA has different returns than a lower-ranked program
  • 4.Apply for assistantships and merit scholarships
  • 5.In New York City, verify your contractor handles local permits โ€” the permitting process here is more involved than average and DIY permit applications can cause delays.
  • 6.New York City has a strong union labor market. While rates may be higher, union contractors typically carry better insurance and offer workmanship guarantees.
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๐Ÿ“ˆ MBA Degree in New York City Cost Trends (2020โ€“2024)

Prices have increased +17.7% over the last 5 years

$80,056
2020
$83,418
2021
$88,840
2022
$91,328
2023
$94,250
2024
YearNational AvgYoY Change
2020$80,056โ€”
2021$83,418+4.2%
2022$88,840+6.5%
2023$91,328+2.8%
2024$94,250+3.2%

Based on national averages adjusted for annual inflation. Actual costs vary by location and project scope.

๐Ÿ’ฌ What Did You Pay?

Real costs reported by homeowners for MBA Degree in New York City

$101,396
Avg Reported
$70,977
Lowest Reported
$147,024
Highest Reported

Recent Reports

$86,280
Dallas, TX ยท Jan 2024
โ˜…โ˜…โ˜…โ˜…โ˜…
$100,570
Chicago, IL ยท Feb 2024
โ˜…โ˜…โ˜…โ˜…โ˜…
$101,879
Phoenix, AZ ยท Mar 2024
โ˜…โ˜…โ˜…โ˜†โ˜†
$107,741
Denver, CO ยท Apr 2024
โ˜…โ˜…โ˜…โ˜…โ˜…
$93,648
Atlanta, GA ยท May 2024
โ˜…โ˜…โ˜…โ˜†โ˜†
$131,554
Seattle, WA ยท Jun 2024
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Frequently Asked Questions

Is an MBA worth the cost?

Top-20 MBA programs show strong ROI with average starting salaries of $150K+. For lower-ranked programs, the ROI depends heavily on your career goals and how much you pay.

Why does mba degree cost different in New York City than other cities?

New York City's costs reflect local labor rates driven by the finance-media-tech economy, humid-continental climate conditions that affect materials and scheduling, and strict permitting requirements. The union-heavy labor market also influences competitive pricing.

MBA Degree Cost in Nearby Cities

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