Financial Managers salary in New York, NY
Median pay for financial managers in New York, NY: $215,630/yr
Typical range (10th–90th percentile): $129,670 – $239,200 · about 76,600 employed locally
Above the typical metro median ($131,810) by +$83,820 (+64%).
What it's really worth in New York
With New York's cost of living at 113 (US=100), that $215,630 has the buying power of about $191,424 in an average-cost US metro.
Local context: median household income $93,610 · median home $727,625 · median rent $3,503/mo.
How New York ranks for this job
On raw pay, New York, NY is 1st of the 187 metros we hold financial managers wages for. Once New York's cost of living is applied, it ranks 1st.
Pay and living costs are roughly in step here, so New York sits in much the same place whether you look at raw salary or spending power.
What that salary buys in New York
A median home in New York, NY costs $727,625 — about 3.4× 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 $3,503/mo works out at 19% 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 New York.
| Metro | Median pay | vs New York | Rent vs New York |
|---|---|---|---|
| San Jose, CA | $211,850 | −2% | 1× |
| San Francisco, CA | $203,620 | −6% | 0.9× |
| Boulder, CO | $176,880 | −18% | 0.6× |
| Seattle, WA | $175,080 | −19% | 0.6× |
Same job elsewhere in NY
| Metro | Median pay | vs New York | Rent vs New York |
|---|---|---|---|
| Buffalo, NY | $154,700 | −28% | 0.4× |
| Syracuse, NY | $150,660 | −30% | 0.5× |
| Rochester, NY | $149,850 | −31% | 0.5× |
| Albany, NY | $144,590 | −33% | 0.5× |
Staying in NY keeps state income tax and licensing the same, which makes these the most directly comparable moves.
Who hires financial managers around New York
Large local employers in sectors that typically employ this role.
- Northwell Health · Healthcare
- JPMorgan Chase · Finance
Other jobs in New York
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.