Finance · 25 Cities Ranked

Highest Paying Cities for Financial Manager (2024)

The median Financial Manager salary is $218,920 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 $173,185 adjusted.

$168,794

National Median

$218,920

Highest City

$135,360

Lowest City

Cities Ranked

Ranked by Median Salary

Rank	City	Median	Range (10th–90th)	COL Index	COL-Adjusted	Jobs
1	San Jose, CA	$218,920	$128,350 – $576,248	195.8	$111,808	9,350
2	New York, NY	$216,520	$131,990 – $360,592	187.2	$115,662	77,970
3	San Francisco, CA	$211,730	$116,990 – $359,114	179.6	$117,890	18,380
4	Boston, MA	$188,490	$108,380 – $285,228	152.1	$123,925	22,830
5	Seattle, WA	$180,770	$122,220 – $284,224	149.4	$120,997	9,460
6	Washington, DC	$177,690	$107,460 – $267,942	152.8	$116,289	25,520
7	Denver, CO	$177,470	$120,760 – $290,400	112.8	$157,332	8,190
8	Los Angeles, CA	$171,920	$96,600 – $312,404	166	$103,566	35,320
9	Atlanta, GA	$168,990	$97,060 – $287,072	99.2	$170,353	16,620
10	San Diego, CA	$168,300	$95,900 – $290,913	160.2	$105,056	8,120
11	Austin, TX	$168,100	$99,160 – $280,248	103	$163,204	6,910
12	Charlotte, NC	$167,470	$101,590 – $285,644	96.7	$173,185	8,790
13	Houston, TX	$165,220	$98,570 – $272,860	96.5	$171,212	17,440
14	Chicago, IL	$164,470	$99,010 – $281,425	107.3	$153,281	41,170
15	Philadelphia, PA	$164,340	$98,950 – $273,659	118.4	$138,801	18,270
16	Dallas, TX	$164,240	$82,670 – $274,157	104.1	$157,771	24,520
17	Minneapolis, MN	$163,330	$102,330 – $272,925	106.2	$153,795	12,230
18	Raleigh, NC	$162,120	$92,700 – $274,705	99.8	$162,445	3,300
19	Portland, OR	$159,540	$100,780 – $264,788	130.1	$122,629	5,090
20	Miami, FL	$154,470	$80,070 – $301,854	123.1	$125,483	15,290
21	Tampa, FL	$147,920	$78,770 – $264,737	99.6	$148,514	7,980
22	Detroit, MI	$141,770	$83,880 – $234,552	95.1	$149,075	10,050
23	Nashville, TN	$140,440	$88,400 – $247,413	100.3	$140,020	8,160
24	Salt Lake City, UT	$140,270	$86,050 – $239,492	101.4	$138,333	5,430
25	Phoenix, AZ	$135,360	$77,240 – $244,058	100.7	$134,419	11,470

Ranked by Purchasing Power (COL-Adjusted)

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

Rank	City	COL-Adjusted	Raw Median	COL Index
1	Charlotte, NC	$173,185	$167,470	96.7
2	Houston, TX	$171,212	$165,220	96.5
3	Atlanta, GA	$170,353	$168,990	99.2
4	Austin, TX	$163,204	$168,100	103
5	Raleigh, NC	$162,445	$162,120	99.8
6	Dallas, TX	$157,771	$164,240	104.1
7	Denver, CO	$157,332	$177,470	112.8
8	Minneapolis, MN	$153,795	$163,330	106.2
9	Chicago, IL	$153,281	$164,470	107.3
10	Detroit, MI	$149,075	$141,770	95.1
11	Tampa, FL	$148,514	$147,920	99.6
12	Nashville, TN	$140,020	$140,440	100.3
13	Philadelphia, PA	$138,801	$164,340	118.4
14	Salt Lake City, UT	$138,333	$140,270	101.4
15	Phoenix, AZ	$134,419	$135,360	100.7
16	Miami, FL	$125,483	$154,470	123.1
17	Boston, MA	$123,925	$188,490	152.1
18	Portland, OR	$122,629	$159,540	130.1
19	Seattle, WA	$120,997	$180,770	149.4
20	San Francisco, CA	$117,890	$211,730	179.6
21	Washington, DC	$116,289	$177,690	152.8
22	New York, NY	$115,662	$216,520	187.2
23	San Jose, CA	$111,808	$218,920	195.8
24	San Diego, CA	$105,056	$168,300	160.2
25	Los Angeles, CA	$103,566	$171,920	166

Frequently Asked Questions

San Jose, CA pays the highest median Financial Manager salary at $218,920. However, after cost-of-living adjustment, Charlotte, NC offers the most purchasing power at $173,185 adjusted.

The national median Financial Manager salary is $168,794 based on BLS data. Salaries range from $135,360 to $218,920 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.