Department of Family and Social Medicine

Residency Programs Benefits and Salary

Salary as of July 2011
PGY1 – $55,900
PGY2 – $58,200
PGY3 – $62,000
PGY3 Chief – $66,800
PGY4 Chief – $69,000

Meal tickets are provided to all residents to cover three meals a day/ seven days a week. 

Montefiore Medical Center (MMC) offers subsidized housing to all residents, priority being given to out of state applicant. There are three main housing sites available: Monte I, Monte II and Riverdale Housing.  Monte I and Monte II are located adjacent to the hospital. Riverdale Housing is located in Riverdale, New York that is approximately 15 minutes from MMC. Studio, One bedroom and two bedroom apartments are available and are assigned according to family size.  Current prices are listed below.


Size Monte I Monte II Riverdale
Studio  $350-450 $550-600  $625-950 
1 bedroom  $525-725 $725-800  $900-1100 
2 bedroom  $775-900 $900-1000 $1000-1400


The neighborhood around Montefiore Hospital is a diverse, safe, convenient, affordable and enjoyable place for residents and their families to live. 

Street cleaning and meters can make parking in New York a challenge, but there is garage parking available at MMC for all residents. Parking is also subsidized and the current rate for residents is $90 per month. 

Book/Educational Allowance
Each resident is allotted $500 per academic year toward educational expenses.  These funds can be used for textbooks, software, PDAs, etc. The residency program also provides funding for residents to attend conferences & workshops.

Four weeks of vacation time is provided each year. 

Several insurance options are available to the residents including a “no cost” option.  Medical, dental, disability, liability and life insurance are available.  Spouses, children and domestic partners qualify for coverage.  

MDConsult subscriptions and all journals available in the Montefiore Medical Center library are also available via the web at no cost.  Residents also have free access online from their home computer to the extensive resources, databases and collection of full-text journals available from the Albert Einstein College of Medicine library.

- Retirement plan – Personal Voluntary Tax Deferred Annuity
- White Coats - Four in the 1st year

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