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State comparison · 2025

Financial Managers salary: Illinois vs New Jersey

Occupation

Financial Managers in New Jersey earn a median of $199,110. In Illinois, $165,880. After cost-of-living, the gap is 9.4% — not 16.7%.

Nominal pay gap
-16.7%
Illinois vs New Jersey
COL-adjusted gap
-9.4%
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

New Jersey

Financial Managers

Median
$199,110
p25
$162,800
p75
$279,330
p10
$130,630
p90
$337,130
COL index (BEA RPP)100 = US average
108.8
Hiring velocity (180d)
-46%
See full breakdown for New Jersey

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.