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Chief Financial Officer Salary in Boston, MA

Chief Financial Officer salary data for Boston, MA — adjusted for local cost of living. Entry-level to senior pay ranges, take-home pay calculator, and local job market insights.

Chief Financial Officer Salary in Boston, MA — 2026

The median Chief Financial Officer salary in Boston, MA is $311,600 per year ($25,967/month, $150/hr). This reflects the local cost of living index of 152, which is 52% above the national average.

Entry Level
$214K
$103/hr
Median
$312K
$150/hr
Senior
$451K
$217/hr
Top Earner
$696K
$335/hr

Chief Financial Officer Take-Home Pay in Boston

Tax Breakdown (Median Salary)

Gross Annual$311,600
Federal Tax-$73,357
State Tax (5.0%)-$15,580
FICA (SS + Medicare)-$15,436
Annual Take-Home$207,226
Monthly Take-Home$17,269

Living Cost Comparison

Median Rent$2,800/mo
Rent-to-Income Ratio10.8%
Median Home Price$680,000
Cost of Living Index152
City Median Salary$85,000
Chief Financial Officer vs City Median+$226,600

Chief Financial Officer Requirements

Education
MBA / CPA
Experience
10-15 years
Job Growth
5.0% (2024-2034)

Key Skills

Financial StrategyP&L ManagementCapital MarketsRisk ManagementBoard Reporting

Boston Job Market Overview

Boston, Massachusetts has a population of 675,647 and an unemployment rate of 3.5%. The top industries are Healthcare, Education, Technology. The local job growth rate is 2.0%, and the average commute time is 31 minutes.

Frequently Asked Questions

What is the average Chief Financial Officer salary in Boston, MA?
The median Chief Financial Officer salary in Boston, MA is $311,600 per year as of 2026. This is adjusted for the local cost of living index of 152. Entry-level Chief Financial Officers earn around $214,320, while senior-level professionals can earn $451,440 or more.
How much does a Chief Financial Officer take home in Boston after taxes?
A Chief Financial Officer earning the median salary of $311,600 in Boston, MA takes home approximately $207,226 per year ($17,269/month) after federal, state, and local taxes. The effective tax rate is 33.5%.
Is Boston a good city for Chief Financial Officers?
Boston, MA has a cost of living index of 152 (above national average). Chief Financial Officers here earn above the city median. The local unemployment rate is 3.5% and top industries include Healthcare, Education, Technology.
What skills are needed for a Chief Financial Officer in Boston?
Key skills for Chief Financial Officers include Financial Strategy, P&L Management, Capital Markets, Risk Management, Board Reporting. Typical education requirement is MBA / CPA. Valuable certifications include CPA, CFA, MBA.
How does Chief Financial Officer salary in Boston compare to the national average?
The national median Chief Financial Officer salary is $205,000. In Boston, the adjusted salary is $311,600, which is 52.0% higher than the national average, reflecting the local cost of living.

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Frequently Asked Questions

What is the average Chief Financial Officer salary in Boston, MA?

The median Chief Financial Officer salary in Boston, MA is $311,600 per year as of 2026. This is adjusted for the local cost of living index of 152. Entry-level Chief Financial Officers earn around $214,320, while senior-level professionals can earn $451,440 or more.

How much does a Chief Financial Officer take home in Boston after taxes?

A Chief Financial Officer earning the median salary of $311,600 in Boston, MA takes home approximately $207,226 per year ($17,269/month) after federal, state, and local taxes. The effective tax rate is 33.5%.

Is Boston a good city for Chief Financial Officers?

Boston, MA has a cost of living index of 152 (above national average). Chief Financial Officers here earn above the city median. The local unemployment rate is 3.5% and top industries include Healthcare, Education, Technology.

What skills are needed for a Chief Financial Officer in Boston?

Key skills for Chief Financial Officers include Financial Strategy, P&L Management, Capital Markets, Risk Management, Board Reporting. Typical education requirement is MBA / CPA. Valuable certifications include CPA, CFA, MBA.

How does Chief Financial Officer salary in Boston compare to the national average?

The national median Chief Financial Officer salary is $205,000. In Boston, the adjusted salary is $311,600, which is 52.0% higher than the national average, reflecting the local cost of living.