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Financial Analyst Salary in Boston, MA

2024 BLS OEWS Data · Finance · COL Index: 152.1

$110,450
Median Salary
$133,690
Mean Salary
$72,617
COL-Adjusted
15,880
Employment

Salary Distribution

Percentile Breakdown

PercentileSalaryCOL-Adjusted
10th Percentile (Entry Level)$75,900$49,901
25th Percentile$84,770$55,733
50th Percentile (Median)$110,450$72,617
75th Percentile$167,820$110,335
90th Percentile (Top Earners)$208,210$136,890

What Drives the Range

The $132,310 spread between the 10th and 90th percentiles for Financial Analyst positions in Boston, MA reflects several factors. Entry-level professionals and those in smaller organizations typically fall in the lower quartiles, while senior specialists, those with in-demand certifications, and employees at large enterprises command salaries in the upper percentiles.

Boston, MA's cost-of-living index of 152.1 means that a $110,450 median salary here has the same purchasing power as $72,617 in an average-cost U.S. city. Despite the higher cost of living, this metro area offers a deep talent pool and typically higher total compensation when including equity and bonuses.