Chief Financial Officer Salary: Boston vs Minneapolis
Annual median salary comparison (2024). All figures include local currency, USD equivalent, and PPP-adjusted purchasing power.
🇺🇸 Boston
United States
$279K USD
$279K USD
$279K PPP
Higher Purchasing Power
VS
USD Difference
+15%
Boston vs Minneapolis
🇺🇸 Minneapolis
United States
$243K USD
$243K USD
$243K PPP
Detailed Comparison
| Metric | Boston | Minneapolis | Difference |
|---|---|---|---|
| Local Currency Salary | $279K USD | $243K USD | — |
| USD Equivalent | $279K | $243K | +15% |
| PPP-Adjusted SalaryWINNER | $279K 🏆 | $243K | +15% |
| 25th Percentile | $223K USD | $194K USD | — |
| Median | $279K USD | $243K USD | — |
| 75th Percentile | $349K USD | $304K USD | — |
| Annual Mean | $301K USD | $262K USD | — |
What Does This Mean?
Boston offers a Chief Financial Officer salary of $279K USD, while Minneapolis offers $243K USD — a difference of +15% in raw terms.
After adjusting for purchasing power parity (PPP), Boston's salary is worth $279K in US purchasing power terms, versus $243K for Minneapolis. This means Boston offers better real purchasing power for this role.
PPP adjustment accounts for differences in local prices — for example, housing costs 3x more in San Francisco than in Warsaw, so a San Francisco salary needs to be much higher to provide an equivalent standard of living.