NYC elected official salaries have lost real purchasing power by almost 25 percent since 2016.

Figure 3. Loss of Purchasing Power

Notes: By adjusting the nominal salary to 2016 real dollars (the year where current salaries were set) you can see the loss in purchasing power.
Source: U.S. Bureau of Labor Statistics, Consumer Price Index for All Urban Consumers: All Items in New York-Newark-Jersey City, NY-NJ-PA (CBSA)