Boston financial analyst salary: rankings and context
Here is how that number compares with the rest of the United States, with MA, and with other jobs in Boston.
Financial Analyst pay in Boston: national and in-state ranking
San Jose leads at US$144,910, 23% above Boston, while San Antonio sits at US$82,120. The neighbours in the ranking are Seattle and Portland.
No other MA metro has observed financial analyst percentiles here, so Boston is judged against the 21-metro national list instead.
What the Boston median is worth after tax and rent
Living costs are close to the baseline (COL index 100), so the median's buying power, about US$117,500, is near its face value.
Its place holds after a cost-of-living adjustment — 5th of 21 either way.
After a simplified 14% effective national income tax, the median nets about US$8,400 a month. A modeled 1-bedroom (US$1,650) takes 20% of that, leaving around US$4,880 after modeled living costs.
Boston vs similar-cost metros
In New York — similar cost level, COL 100 — the median is US$128,930 (+10% vs Boston), and the modeled budget leaves US$730 more each month.
In Los Angeles — similar cost level, COL 100 — the median is US$102,260 (-13% vs Boston), and the modeled budget leaves US$1,000 less each month.
A financial analyst moving from Boston to Chicago (similar cost level, COL 100) would see the median fall 13% to US$101,750, with US$1,030 less left over monthly in our model.
Other Boston jobs compared with financial analyst
Of the 9 roles we track in Boston, Financial Analyst is 5th by median; the highest is Lawyer (US$183,350).
Closest neighbours in the Boston list: Mechanical Engineer at US$119,300 (+2%) and Project Manager at US$114,990 (-2%).
Where Boston stands for junior and senior financial analysts
Boston is relatively stronger at the entry end: its 10th-percentile pay (US$79,030) ranks 5th of 21, while its 90th percentile (US$207,010) ranks 6th.
For the top 10% of earners, Jacksonville leads with US$228,800 at the 90th percentile, +11% against Boston.
The financial analyst pay range in Boston
Expect wide variation between offers: the 10th percentile is US$79,030 and the 90th US$207,010, a 2.6× ratio.