Finance · 25 Cities Ranked

Highest Paying Cities for Financial Analyst (2024)

The median Financial Analyst salary is $134,470 in San Jose, CA, the highest-paying city for this role. After adjusting for cost of living, Charlotte, NC offers the best purchasing power at $107,921 adjusted.

$102,986

National Median

$134,470

Highest City

$79,440

Lowest City

Cities Ranked

Ranked by Median Salary

Rank	City	Median	Range (10th–90th)	COL Index	COL-Adjusted	Jobs
1	San Jose, CA	$134,470	$93,960 – $224,280	195.8	$68,677	4,740
2	New York, NY	$128,490	$80,910 – $221,110	187.2	$68,638	49,940
3	San Francisco, CA	$128,470	$82,940 – $221,640	179.6	$71,531	9,580
4	Seattle, WA	$111,410	$77,960 – $167,380	149.4	$74,572	5,330
5	Boston, MA	$110,450	$75,900 – $208,210	152.1	$72,617	15,880
6	Portland, OR	$107,430	$73,370 – $172,470	130.1	$82,575	2,480
7	Washington, DC	$107,120	$71,920 – $200,210	152.8	$70,105	10,570
8	Charlotte, NC	$104,360	$65,400 – $167,480	96.7	$107,921	5,790
9	Minneapolis, MN	$103,200	$67,420 – $165,000	106.2	$97,175	5,520
10	San Diego, CA	$102,940	$66,060 – $168,740	160.2	$64,257	3,390
11	Chicago, IL	$102,790	$64,070 – $202,050	107.3	$95,797	14,970
12	Los Angeles, CA	$102,660	$65,890 – $172,180	166	$61,843	14,390
13	Denver, CO	$100,150	$62,770 – $213,680	112.8	$88,785	7,000
14	Atlanta, GA	$99,540	$63,010 – $164,890	99.2	$100,343	8,150
15	Philadelphia, PA	$99,170	$65,450 – $171,330	118.4	$83,758	9,950
16	Raleigh, NC	$98,400	$64,240 – $165,440	99.8	$98,597	1,130
17	Houston, TX	$98,310	$62,710 – $155,080	96.5	$101,876	6,490
18	Detroit, MI	$98,180	$63,340 – $137,950	95.1	$103,239	4,660
19	Dallas, TX	$95,850	$60,910 – $155,300	104.1	$92,075	10,480
20	Miami, FL	$94,800	$61,240 – $177,420	123.1	$77,011	5,770
21	Austin, TX	$92,430	$64,380 – $161,510	103	$89,738	3,570
22	Nashville, TN	$92,160	$52,760 – $215,340	100.3	$91,884	1,840
23	Salt Lake City, UT	$91,280	$57,320 – $163,050	101.4	$90,020	2,930
24	Phoenix, AZ	$91,140	$62,260 – $159,240	100.7	$90,506	3,790
25	Tampa, FL	$79,440	$59,810 – $130,470	99.6	$79,759	5,140

Ranked by Purchasing Power (COL-Adjusted)

Cost-of-living adjusted salaries show where your Financial Analyst paycheck goes furthest. A lower COL index means your dollars stretch further.

Rank	City	COL-Adjusted	Raw Median	COL Index
1	Charlotte, NC	$107,921	$104,360	96.7
2	Detroit, MI	$103,239	$98,180	95.1
3	Houston, TX	$101,876	$98,310	96.5
4	Atlanta, GA	$100,343	$99,540	99.2
5	Raleigh, NC	$98,597	$98,400	99.8
6	Minneapolis, MN	$97,175	$103,200	106.2
7	Chicago, IL	$95,797	$102,790	107.3
8	Dallas, TX	$92,075	$95,850	104.1
9	Nashville, TN	$91,884	$92,160	100.3
10	Phoenix, AZ	$90,506	$91,140	100.7
11	Salt Lake City, UT	$90,020	$91,280	101.4
12	Austin, TX	$89,738	$92,430	103
13	Denver, CO	$88,785	$100,150	112.8
14	Philadelphia, PA	$83,758	$99,170	118.4
15	Portland, OR	$82,575	$107,430	130.1
16	Tampa, FL	$79,759	$79,440	99.6
17	Miami, FL	$77,011	$94,800	123.1
18	Seattle, WA	$74,572	$111,410	149.4
19	Boston, MA	$72,617	$110,450	152.1
20	San Francisco, CA	$71,531	$128,470	179.6
21	Washington, DC	$70,105	$107,120	152.8
22	San Jose, CA	$68,677	$134,470	195.8
23	New York, NY	$68,638	$128,490	187.2
24	San Diego, CA	$64,257	$102,940	160.2
25	Los Angeles, CA	$61,843	$102,660	166

Frequently Asked Questions

San Jose, CA pays the highest median Financial Analyst salary at $134,470. However, after cost-of-living adjustment, Charlotte, NC offers the most purchasing power at $107,921 adjusted.

The national median Financial Analyst salary is $102,986 based on BLS data. Salaries range from $79,440 to $134,470 depending on city.

Not necessarily. A city with higher nominal pay may have a higher cost of living that offsets the salary difference. Compare the "COL-Adjusted" column in both tables above — cities with lower costs of living often offer better real purchasing power.