A system and method for displaying MR spectroscopy data acquired using a magnetic resonance imaging (MRI) system includes acquiring MR spectroscopy data from a region of interest using the MRI system. The MR spectroscopy data is processed to determine relative spectral amplitudes of each of a plurality of points in the MR spectroscopy data resulting from frequency components of molecules in the region of interest. Each of the plurality of points is mapped to a particular optical parameter based at least upon on the relative spectral amplitude associated with each point and a point is generated for each of the plurality of points having the optical parameter mapped thereto. The points for each of the plurality of points are arranged to form a hypsometric map.