Pay vs cost of living
How far does a Financial Manager's pay go, state by state?
A Financial Manager's pay leaves the most room in New York — about $14,003/mo take-home against $1,621/mo typical rent — and the least in Mississippi.
| State | Est. take-home | Typical rent | Rent share |
|---|---|---|---|
| New York | $14,003/mo | $1,621/mo | 12% |
| New Jersey | $12,053/mo | $1,656/mo | 14% |
| Delaware | $11,367/mo | $1,321/mo | 12% |
| Massachusetts | $11,042/mo | $1,716/mo | 16% |
| Colorado | $10,947/mo | $1,659/mo | 15% |
| Virginia | $10,834/mo | $1,547/mo | 14% |
| Washington | $10,928/mo | $1,641/mo | 15% |
| District of Columbia | $11,184/mo | $1,900/mo | 17% |
| Rhode Island | $10,360/mo | $1,289/mo | 12% |
| California | $11,036/mo | $1,969/mo | 18% |
| Connecticut | $10,547/mo | $1,483/mo | 14% |
| Georgia | $10,375/mo | $1,320/mo | 13% |
| South Dakota | $9,925/mo | $910/mo | 9% |
| Texas | $10,100/mo | $1,328/mo | 13% |
| Minnesota | $9,815/mo | $1,230/mo | 13% |
| Illinois | $9,744/mo | $1,246/mo | 13% |
| North Carolina | $9,546/mo | $1,147/mo | 12% |
| Maryland | $9,546/mo | $1,683/mo | 18% |
| Pennsylvania | $8,955/mo | $1,176/mo | 13% |
| Alabama | $8,715/mo | $967/mo | 11% |
| Kansas | $8,760/mo | $1,025/mo | 12% |
| New Hampshire | $9,125/mo | $1,424/mo | 16% |
| Wisconsin | $8,673/mo | $1,033/mo | 12% |
| Nebraska | $8,613/mo | $1,017/mo | 12% |
| Ohio | $8,555/mo | $986/mo | 12% |
| Missouri | $8,514/mo | $997/mo | 12% |
| Oregon | $8,930/mo | $1,431/mo | 16% |
| Michigan | $8,565/mo | $1,072/mo | 13% |
| North Dakota | $8,292/mo | $911/mo | 11% |
| Tennessee | $8,448/mo | $1,111/mo | 13% |
| Maine | $8,426/mo | $1,104/mo | 13% |
| Florida | $8,826/mo | $1,542/mo | 17% |
| Iowa | $8,205/mo | $932/mo | 11% |
| Arizona | $8,672/mo | $1,419/mo | 16% |
| Utah | $8,593/mo | $1,396/mo | 16% |
| Oklahoma | $8,153/mo | $970/mo | 12% |
| Indiana | $8,143/mo | $1,022/mo | 13% |
| Kentucky | $7,980/mo | $918/mo | 12% |
| South Carolina | $8,143/mo | $1,131/mo | 14% |
| Alaska | $8,255/mo | $1,361/mo | 16% |
| Montana | $7,818/mo | $1,031/mo | 13% |
| Nevada | $8,059/mo | $1,478/mo | 18% |
| New Mexico | $7,475/mo | $1,034/mo | 14% |
| Wyoming | $7,193/mo | $979/mo | 14% |
| Vermont | $7,373/mo | $1,207/mo | 16% |
| Louisiana | $7,103/mo | $1,028/mo | 14% |
| Hawaii | $7,996/mo | $1,927/mo | 24% |
| Idaho | $7,085/mo | $1,163/mo | 16% |
| Arkansas | $6,580/mo | $903/mo | 14% |
| West Virginia | $6,281/mo | $848/mo | 14% |
| Mississippi | $6,229/mo | $933/mo | 15% |
Take-home is that state's BLS OEWS 2023 median wage after a rough ~22% tax estimate — a ballpark, not a real paycheck. Rent is population-weighted Census gross rent (utilities included). Neither includes state taxes, insurance, or the cost of moving.