How Education and Training Impact Salaries for Nurse Practitioners vs. Doctors

If you're exploring a career in health care, understanding the distinctions between a nurse practitioner (NP) and a doctor (MD or DO) is crucial. Both roles are integral to patient care but differ in education, responsibilities, autonomy, and compensation.
This guide delves into these differences to help you make an informed decision.
How Education and Training Impact Nurse Practitioner vs. Doctor Salary
The training paths for nurse practitioners and doctors vary widely in length, intensity, and structure. These differences often influence when each professional can begin practicing and how much they can expect to earn.
Nurse Practitioners
Most nurse practitioners begin with a Bachelor of Science in Nursing (BSN) and continue their education to earn a Master of Science in Nursing (MSN) or a Doctor of Nursing Practice (DNP). The total time investment is typically 6 to 8 years, depending on the program and individual pace.
NP programs are generally more flexible and accessible, allowing many nurses to continue working while pursuing their advanced degrees. This quicker, less costly route allows NPs to enter the workforce earlier and with less student debt.
Doctors
All doctors complete a Bachelor’s degree, four years of medical school, and a residency program that lasts 3 to 7 years, depending on their specialty. In total, the path to independent practice usually takes 11 to 15 years.
This longer, more intensive training typically leads to higher salaries and expanded clinical authority, but also requires more years in school and delays entry into the profession.
In short, while doctors tend to earn more over time, nurse practitioners benefit from a shorter, more flexible path that allows for earlier career entry and lower financial burden.
Job Responsibilities & Scope of Practice
Nurse practitioners and doctors share some overlapping duties, but their scope of practice, autonomy, and responsibilities often differ.
Nurse Practitioners
Nurse practitioners diagnose illnesses, prescribe medications, and focus heavily on preventive care. They emphasize holistic treatment and patient education and often form long-term relationships with patients.
Autonomy varies by state—some grant full practice authority, while others require physician oversight. Regardless, NPs are essential in expanding access to care, especially in underserved areas.
They typically work in primary care settings, outpatient clinics, or hospitals and may specialize in areas like pediatrics, mental health, or women’s health.
Doctors
Doctors take on a broader range of responsibilities, often managing complex diagnoses, performing surgical procedures, and developing advanced treatment plans. They frequently lead care teams and are trusted to handle critical or high-risk cases.
With full practice authority in every state, doctors can work independently across a variety of settings, including hospitals, private practices, and specialized clinics. Their expanded scope and higher level of responsibility often translate into greater earning potential and access to leadership opportunities.
Breaking Down the Numbers: Nurse Practitioner vs. Doctor Salary by Role and Specialty
Salary potential varies significantly between NPs and doctors, largely due to training requirements, specialization, and scope of practice.
Nurse Practitioners
According to the U.S. Bureau of Labor Statistics (BLS), the median annual salary for NPs in 2024 was $129,210. Earnings vary by state and specialty. For instance, NPs in California can make over $160,000, while those in lower-paying regions may earn closer to $100,000.
Specialty plays a significant role in nurse practitioner salaries. For example, the BLS reports that family nurse practitioners earn around $120,000, while psychiatric-mental health NPs average about $128,000. Nurse anesthetists (CRNAs) are among the highest paid, with average salaries near $223,000.
Doctors
Doctors earn some of the highest wages in health care, with many specialties well above national averages. According to the BLS, family medicine physicians earn an average of $256,830, while cardiologists average $432,490, orthopedic surgeons around $365,060, and dermatologists about $347,810.
These differences highlight how specialty choice can significantly affect physician income.
Job Outlook
NP jobs are projected to grow by 40% between 2023 and 2033, far outpacing the average for all occupations. Doctor roles are expected to grow by about 4%, with steady demand, particularly in specialties and underserved areas.
Other Benefits and Compensation
Choosing a career path is a complex decision that you shouldn't take lightly. I know too many people who've regretted making these decisions without properly thinking about what's important to them.
In this case, there's an obvious pay difference between doctors and nurse practitioners, but it's important to also consider the other benefits and challenges of each career.
Nurse Practitioners
Some important benefits you may experience as a nurse practitioner could include:
- Work-Life Balance: May enjoy more regular hours and less on-call time.
- Benefits: Loan forgiveness programs may be included, especially in underserved areas.
- Job Satisfaction: NPs often find their jobs particularly rewarding. This may be partly due to patient interaction and a holistic care approach.
- Advanced Scope: Compared to registered nurses, NPs take on more advanced—and in some cases, highly specialized—responsibilities. Depending on their certification, they may serve as primary care providers or study further and work in niche areas like mental health, pediatrics, or anesthesia.
Doctors
If you're considering a career as a doctor, it's essential to know that there are challenges associated with the significantly increased earning and advancement potential. You can expect longer hours, higher stress levels, and significant administrative responsibilities.
Some benefits that you can experience as a doctor include:
- Earning Potential: Higher salaries and potential for bonuses and profit-sharing.
- Career Advancement: Opportunities for specialization and leadership roles.
- Professional Fulfillment: Many doctors find the role deeply rewarding due to the complexity of cases, the continual learning required, and the opportunity to apply advanced knowledge and skills to solve critical health problems.
Which Career Path is Right for You?
There's no obvious winner when it comes to choosing between a career as a doctor or a nurse practitioner. Both careers offer the opportunity to make a significant impact on patient care, along with attractive financial packages. It all comes down to figuring out which role is a good fit for you.
Do you love the stress and pressure and feel that the pay justifies the hard work, or would you prefer a slightly more predictable schedule with more focus on connection and patient care?
Here are some factors to consider as you make this important decision:
- Time and Financial Investment: Becoming a doctor requires more years of education and higher costs.
- Career Goals: If you aim for specialization and complex procedures, a medical degree may be appropriate.
- Work-Life Balance: Nurse Practitioners often have more predictable schedules.
- Earning Potential: Doctors generally have higher salaries, but NPs have lower educational debt and earlier entry into the workforce.
Need Help Making the Choice?
Still not sure what your next step should be? Try Appily Advance's health care quiz to discover which type of health care career could be a good fit for you.