Salary data is based on the Atlantic City-Hammonton, NJ metropolitan area and applied to Elizabeth using local cost-of-living adjustments.

General Internal Medicine Physicians Salaries in Elizabeth, NJ

Average Base Pay

$203,351/yr

14% above national average

Monthly

$16,946

Hourly

$98

Cost Index

105

General Internal Medicine Physicians in Elizabeth, NJ earn an average of $203,351 per year, with most salaries falling between $162,681 and $244,021 depending on experience, employer, and specialization. At 14% above the national average, Elizabeth ranks among the higher-paying markets for this role, in part reflecting a local cost of living index of 105. For professionals evaluating a move or negotiating an offer, the headline salary is only part of the picture—what matters most is how far that income actually goes once taxes, rent, and daily expenses are factored in. The sections below break that down in full for Elizabeth.

Salary Range

The chart below shows the full compensation spectrum for this role, from entry-level to senior positions. The highlighted center bars represent the 25th–75th percentile band where most professionals are paid.

$153K
Low

$203K
Median

$254K
High

25th percentile: $173K75th percentile: $234K

About General Internal Medicine Physicians

Physicians diagnose and treat illnesses, injuries, and medical conditions across a wide range of specialties. General practitioners and family medicine physicians manage undifferentiated health problems and chronic conditions for patients of all ages, serving as the primary point of care and coordinating specialist referrals. Internists focus on adult medicine and often subspecialize in areas such as cardiology, gastroenterology, oncology, or pulmonology. Surgeons perform operative procedures to treat conditions ranging from appendicitis and cancer to orthopedic injuries and heart disease. Psychiatrists diagnose and treat mental health conditions using medication management and psychotherapy. Emergency physicians manage acute and life-threatening conditions in high-acuity settings. Pediatricians care for infants, children, and adolescents. Pathologists diagnose disease through laboratory analysis of tissue, blood, and other specimens. Radiologists interpret medical imaging studies. The educational pathway requires four years of medical school following a bachelor's degree, three to seven years of residency training, and often additional fellowship training in a subspecialty. Physicians are licensed by state medical boards and must maintain board certification through continuous medical education and periodic examinations.

What General Internal Medicine Physicians Do

Obtain patient history and perform physical examinations
Diagnose conditions based on clinical findings and diagnostic test results
Develop and implement individualized treatment plans
Prescribe medications and therapies
Order and interpret diagnostic tests including laboratory studies and imaging
Perform procedures appropriate to specialty
Coordinate care with specialists, nurses, and allied health professionals
Maintain accurate medical records and complete documentation

Key Skills & Qualifications

Clinical assessment and diagnostic reasoning
Medical knowledge across pathophysiology, pharmacology, and treatment
Procedure-specific technical skills relevant to specialty
Patient communication and shared decision-making
Interpretation of laboratory and radiographic data
Electronic health record documentation
MD or DO degree, residency completion, and board certification
Medical licensure in state(s) of practice

Career Path

Medical Student
Resident Physician
Attending Physician
Subspecialty Fellow
Department Chief / Medical Director

General Internal Medicine Physicians Market in Elizabeth, NJ

Salary Competitiveness

Elizabeth is one of the stronger-paying markets for General Internal Medicine Physicians, with local salaries running approximately 14% above the national median. This premium typically reflects a combination of higher employer competition, concentrated industry presence, and elevated cost expectations built into local compensation norms.

Cost of Living Impact

Elizabeth sits close to the national cost average. Monthly essential expenses represent about 23% of take-home pay for this role—a midrange ratio that allows for modest savings and discretionary spending, provided housing costs remain stable.

Effective Purchasing Power

After adjusting for local taxes and cost of living, a General Internal Medicine Physicians earning $203,351 in Elizabeth reaches a strong purchasing-power position. The effective standard of living this income supports is materially higher than the gross number alone implies—a useful data point for professionals comparing offers across metro areas.

vs. National Avg

+14%

Cost Pressure

23%

Purchasing Power

Strong

Take-Home Pay Calculator

Enter any gross salary to see how federal and state taxes affect your actual take-home pay, broken down by year, month, and week. Results use an estimated effective tax rate of 27% based on this location and income level.

Annual Salary

Take-home (73%)Taxes (27%)

Annual Net

$148,446

Monthly

$12,371

Weekly

$2,855

Eff. Tax Rate

27%

A gross salary of $203,351 for a General Internal Medicine Physicians in Elizabeth translates to roughly $12,371 in monthly take-home pay after estimated federal and state taxes. Set against monthly living costs of $2,815—covering housing, food, transportation, utilities, and healthcare—that leaves approximately $9,556 per month in disposable income. That margin, not the gross number, is what determines whether you can comfortably cover rent, build savings, and afford discretionary spending in Elizabeth's current market.

How far does this salary go in Elizabeth?

Cost of Living in Elizabeth

Estimated monthly expenses for a single person in Elizabeth, benchmarked against US regional price indices for housing, food, transportation, utilities, and healthcare.

Cost Index

105

Above Avg — US average is 100. Based on a single person (1-bed apartment).

🏠Housing / Rent$1,620/mo

🍔Food & Groceries$525/mo

🚗Transportation$150/mo

💡Utilities$205/mo

🏥Healthcare$315/mo

Monthly$2,815

Annual$33,780

Disposable Income$9,556

Financial Reality Check

This section compares estimated monthly take-home pay against typical living costs in Elizabeth to show your real disposable income—the amount remaining after essential bills are paid each month.

Monthly Take-Home

$12,371

Living Costs

$2,815

Disposable

$9,556

Cost Index

105

Lifestyle

Comfortable

With a monthly take-home of $12,371, your estimated living costs in Elizabeth are $2,815 ($33,780/yr). This leaves $9,556 per month in disposable income, indicating a comfortable standard of living. Elizabeth's cost of living is 5% above the national average.

Overall, a General Internal Medicine Physicians earning $203,351 in Elizabeth falls into a comfortable lifestyle tier and has meaningful room to save, invest, and absorb unexpected expenses without financial stress. With a cost index of 105, Elizabeth is 5% more expensive than the national average, which compresses real purchasing power. Regardless of tier, prioritizing retirement contributions, an emergency fund of three to six months' expenses, and incremental debt reduction will yield the greatest long-term financial stability—especially as living costs in Elizabeth continue to evolve.