Salary comparison
Financial Managers: Boulder vs Richmond
Boulder, CO pays about 11.5% more for financial managers on paper — $192,970 vs $173,140. But once you factor in what it costs to live there, Boulder comes out ahead by $19,830 a year in real buying power.
Boulder, CO
$192,970
$142,610
$270,560
$92.77
100
$192,970/yr
Median adjusted for local cost of living.
Richmond, VA
$173,140
$136,020
$218,650
$83.24
100
$173,140/yr
Median adjusted for local cost of living.
What the numbers mean in practice
The headline gap is $19,830 a year (11.5%) in favor of Boulder. That is the raw salary difference before any living costs.
Boulder runs a cost index of 100 against the national baseline of 100; Richmond sits at 100. After adjusting the median for those costs, Boulder is the better deal by $19,830 a year — that is what each paycheck actually buys locally.
If you are weighing a move from Richmond to Boulder for this role, the raise needs to beat 11.5% to come out ahead after living costs. Anything below that and you are earning more on paper but keeping less.
Common questions
Where do financial managers earn more, Boulder or Richmond?
Boulder pays $192,970 on median — about 11.5% more than Richmond ($173,140). Based on BLS Occupational Employment and Wage Statistics.
Which city is the better deal after living costs?
Boulder. Once you divide each median by the local cost index, Boulder gives you roughly$192,970 of real buying power versus $173,140 in the other city.