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State comparison · 2025

Financial Managers salary: Illinois vs Massachusetts

Occupation

Financial Managers in Massachusetts earn a median of $206,760. In Illinois, $165,880. After cost-of-living, the gap is 15.1% — not 19.8%.

Nominal pay gap
-19.8%
Illinois vs Massachusetts
COL-adjusted gap
-15.1%
After BEA Regional Price Parities

Illinois

Financial Managers

Median
$165,880
p25
$128,370
p75
$216,800
p10
$100,070
p90
$313,110
COL index (BEA RPP)100 = US average
100.0
Hiring velocity (180d)
-55%
See full breakdown for Illinois

Massachusetts

Financial Managers

Median
$206,760
p25
$161,870
p75
$287,520
p10
$120,850
p90
$332,490
COL index (BEA RPP)100 = US average
105.8
Hiring velocity (180d)
-42%
See full breakdown for Massachusetts

BLS Occupational Employment and Wage Statistics, May 2025. Cost-of-living adjustment from BEA Regional Price Parities (overall index). Hiring velocity from DOL OFLC public disclosure data, recent 180 days vs prior. See methodology.