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Salary comparison

Financial Managers: San Jose vs Springfield

San Jose, CA pays about 28.0% more for financial managers on paper — $225,280 vs $175,950. But once you factor in what it costs to live there, San Jose comes out ahead by $49,330 a year in real buying power.

San Jose, CA

Median salary

$225,280

25th percentile

$176,900

75th percentile

$327,840

Hourly

$108.31

Cost index

100

Real buying power

$225,280/yr

Median adjusted for local cost of living.

Full San Jose salary page

Springfield, MA

Median salary

$175,950

25th percentile

$132,140

75th percentile

$231,910

Hourly

$84.59

Cost index

100

Real buying power

$175,950/yr

Median adjusted for local cost of living.

Full Springfield salary page

What the numbers mean in practice

The headline gap is $49,330 a year (28.0%) in favor of San Jose. That is the raw salary difference before any living costs.

San Jose runs a cost index of 100 against the national baseline of 100; Springfield sits at 100. After adjusting the median for those costs, San Jose is the better deal by $49,330 a year — that is what each paycheck actually buys locally.

If you are weighing a move from Springfield to San Jose for this role, the raise needs to beat 28.0% 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, San Jose or Springfield?

San Jose pays $225,280 on median — about 28.0% more than Springfield ($175,950). Based on BLS Occupational Employment and Wage Statistics.

Which city is the better deal after living costs?

San Jose. Once you divide each median by the local cost index, San Jose gives you roughly$225,280 of real buying power versus $175,950 in the other city.

All Financial Managers salaries nationwide →