State comparison · 2025
Financial Managers salary: Michigan vs New Jersey
Financial Managers in New Jersey earn a median of $199,110. In Michigan, $139,370. After cost-of-living, the gap is 20.8% — not 30%.
Nominal pay gap
-30%
Michigan vs New Jersey
COL-adjusted gap
-20.8%
After BEA Regional Price Parities
Michigan
Financial Managers
- Median
- $139,370
- p25
- $105,490
- p75
- $182,120
- p10
- $80,280
- p90
- $258,480
- COL index (BEA RPP)100 = US average
- 96.2
- Hiring velocity (180d)
- -78%
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%
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.