If you’re a physician in South Dakota or Nebraska, your job satisfaction is likely significantly higher than it would be if you resided in Rhode Island or New Jersey, according to personal finance website WalletHub, which recently released its 2018 list of the best and worst states for doctors.
After examining average salary, projected competition, price of malpractice insurance and other metrics in all 50 states and Washington, D.C., WalletHub ranked each state for physician-friendliness based on these factors.
Physician wages, adjusted for cost of living, are highest in Mississippi and South Dakota and lowest in Hawaii and Washington, D.C., WalletHub found. Another key finding: Malpractice insurance is priciest in New York and Illinois and most affordable in Nebraska and South Dakota.
With the exception of Idaho, Great Plains and Midwestern states filled out WalletHub’s top 10 list, while its bottom 10 included several coastal states with heavily populated urban areas and a high cost of living.
Here are the top 10 best states for doctors in 2018, according to WalletHub:
1. South Dakota
9. North Dakota
Here are the 10 worst states for doctors in 2018, according to WalletHub:
47. Washington, D.C.
49. New York
50. Rhode Island
51. New Jersey
View the full list of all 50 states and Washington, D.C., and learn more about the project’s methodology at WalletHub.