Life Coach Salary NYC! How much can a life coach make in New York City? Let’s find out.
If you just moved to NYC or have lived there for a while and are considering becoming a life coach, then knowing what the life coach salary might be, is a good idea before embarking on a coaching career in the Big Apple.
No one needs to tell you that New York City is one of the costliest places to live in the world. As it is fondly called, the Big Apple can be a great place to live and earn a good living, but you have to be ready to work hard to live a comfortable life.
The Role of a Life Coach
Life coaches are helping professionals that utilizes a future-focused approach to support their clients’ personal or professional goals. Life coaches help people achieve their desired goals by coming alongside their clients, guiding them to employ the appropriate strategies and actions necessary to attain those desired objectives. They often are self-employed, working independently, but you can also find them as full or part-time employees working in organizations such as schools, government agencies, hospitals, and nonprofit establishments.
A life coach’s role in the life of his or her client is crucial to the coaching relationship and the client’s overall success. Unlike other coaching specialties, life coaches, often known as generalists, take a broader approach and implement multiple aspects of their clients’ lives. They work with people having issues in their finances, relationships, careers, health, academics. One of the best benefits of working with a life coach is that they are flexible. They can meet with their clients over the phone, face to face, in video chat sessions like Skype, Zoom, WhatsApp chat, and more.
Key Factors Affecting The Average Yearly Life Coach Salary NYC
As of September 2020, the annual salary for a life coach working in New York City currently ranges from $73,795 a year to $129 327. The average salary of a life coach is $104K, according to SalaryExpert.com. If you look at companies like Thumbtack, an online service that matches customers with local professionals, you will see several NYC life coaches offering their coaching services at rates ranging from $85 to $255 per hour for a 60-minute session. Of course, these rates are dependent upon a number of factors, and they typically affect the annual life coach salary for a New York City coach. Below are the main ones.
- Education/Coach Training
- Level of Experience or Expertise
- Alternate Streams of Income such as speaking engagements, coaching packages, offering mental health therapy services, writing books.
Life Coaching is one of the fastest-growing and most rewarding career paths today. And so, if you have been wondering what the life coach salary NYC looks like, this article will give you an idea of how much you can earn in the Big Apple.
Margaret K. Olubiyi
Writer, Coaches Training Blog community