Financial Managers salary in Cleveland, OH
Median pay for financial managers in Cleveland, OH: $137,780/yr
Typical range (10th–90th percentile): $82,100 – $239,200 · about 6,040 employed locally
Above the typical metro median ($131,810) by +$5,970 (+5%).
What it's really worth in Cleveland
With Cleveland's cost of living at 91 (US=100), that $137,780 has the buying power of about $150,744 in an average-cost US metro.
Local context: median household income $66,481 · median home $252,210 · median rent $1,461/mo.
How Cleveland ranks for this job
On raw pay, Cleveland, OH is 55th of the 187 metros we hold financial managers wages for. Once Cleveland's cost of living is applied, it ranks 30th.
Pay here goes further than the headline number suggests — Cleveland is one of the places where financial managers gain ground in real terms, because local costs are low relative to what the job pays.
What that salary buys in Cleveland
A median home in Cleveland, OH costs $252,210 — about 1.8× this salary, against a typical US metro figure of 4.7×. Buying is more attainable here than in the average metro on this income.
Median rent of $1,461/mo works out at 13% of gross pay — inside the conventional 30% affordability ceiling.
Where financial managers earn more
Pay on its own is only half the picture, so each row shows what rent costs there relative to Cleveland.
| Metro | Median pay | vs Cleveland | Rent vs Cleveland |
|---|---|---|---|
| New York, NY | $215,630 | +57% | 2.4× |
| San Jose, CA | $211,850 | +54% | 2.5× |
| San Francisco, CA | $203,620 | +48% | 2.2× |
| Boulder, CO | $176,880 | +28% | 1.5× |
Same job elsewhere in OH
| Metro | Median pay | vs Cleveland | Rent vs Cleveland |
|---|---|---|---|
| Cincinnati, OH | $137,340 | +0% | 1.1× |
| Columbus, OH | $131,320 | −5% | 1× |
| Akron, OH | $129,490 | −6% | 0.9× |
| Toledo, OH | $124,230 | −10% | 0.9× |
Staying in OH keeps state income tax and licensing the same, which makes these the most directly comparable moves.
Who hires financial managers around Cleveland
Large local employers in sectors that typically employ this role.
- Cleveland Clinic · Healthcare
- University Hospitals · Healthcare
- KeyBank · Finance
- MetroHealth · Healthcare
Other jobs in Cleveland
Source: US BLS OEWS (May 2023) median annual wage; cost of living from BEA; home price and rent from Zillow; household income from US Census ACS. Rankings are across the 187 metros we hold wage data for in this occupation. Estimates for guidance only. See methodology.