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State comparison · 2025

Financial Managers salary: Michigan vs New York

Occupation

Financial Managers in New York earn a median of $219,880. In Michigan, $139,370. After cost-of-living, the gap is 28.9% — not 36.6%.

Nominal pay gap
-36.6%
Michigan vs New York
COL-adjusted gap
-28.9%
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%
See full breakdown for Michigan

New York

Financial Managers

Median
$219,880
p25
$166,410
p75
$328,210
p10
$124,670
p90
$370,780
COL index (BEA RPP)100 = US average
107.9
Hiring velocity (180d)
-43%
See full breakdown for New York

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.