The average annual salary for nurse practitioners increased by 3% between 2023 and 2024, while inflation is currently down by 19.5%.
Here is how the average pay for nurse practitioners, as reported by the Bureau of Labor Statistics, compares to the average U.S. inflation rate.
2023
Average salary: $124,680
Inflation rate: 4.1 percent
2024
Average salary: $128,490
Inflation rate (as of June): 3.3 percent