Financial Manager Salary in Boston, MA
2024 BLS OEWS Data · Finance · COL Index: 152.1
$188,490
Median Salary
$209,520
Mean Salary
$123,925
COL-Adjusted
22,830
Employment
Salary Distribution
Percentile Breakdown
| Percentile | Salary | COL-Adjusted |
|---|---|---|
| 10th Percentile (Entry Level) | $108,380 | $71,256 |
| 25th Percentile | $142,770 | $93,866 |
| 50th Percentile (Median) | $188,490 | $123,925 |
| 75th Percentile | $230,550 | $151,578 |
| 90th Percentile (Top Earners) | $285,228 | $187,527 |
What Drives the Range
The $176,848 spread between the 10th and 90th percentiles for Financial Manager 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 $188,490 median salary here has the same purchasing power as $123,925 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.