Financial Analyst · Salary Comparison · 2026
Financial Analyst Salary: Boston, MA vs New York, NY
Side-by-side comparison of salary, taxes, cost of living, and take-home pay for Financial Analysts in Boston, MA and New York, NY, based on BLS OEWS 2026 data.
1Which City Pays More After Tax?
Higher Gross Salary
✓ New York, NY
$115,000 vs $128,000
Better Purchasing Power
✓ Boston, MA
$70,988 vs $68,449
Best Take-Home (COL-Adj)
✓ Boston, MA
$62,313 vs $58,914
2
Detailed Comparison
| Metric | Boston, MA | New York, NY | Diff |
|---|---|---|---|
| Median Annual Salary | $115,000 | $128,000▲ | -$13,000 |
| 25th Percentile | $85,000 | $95,000▲ | -$10,000 |
| 75th Percentile | $152,000 | $170,000▲ | -$18,000 |
| 90th Percentile | $195,000 | $218,000▲ | -$23,000 |
| Cost of Living Index | 162 | 187 | -25 |
| State Income Tax | 5%▲ | 6.85% | -1.8499999999999996% |
| COL-Adjusted Median | $70,988▲ | $68,449 | +$2,539 |
| Est. Annual Take-Home | $100,947 | $110,170▲ | -$9,223 |
| COL-Adj. Take-Home | $62,313▲ | $58,914 | +$3,399 |
| Total Employment | 16,000 | 42,000 | -26,000 |
▲ = Higher value wins for this metric. Diff = Boston, MA minus New York, NY.
3Summary Analysis
On paper, New York, NY pays $13,000 more (median: $115,000 vs $128,000). However, after adjusting for cost of living (index 162 vs 187), Boston, MA provides better purchasing power ($70,988 vs $68,449 equivalent). Boston, MA has the lower state tax rate (5% vs 6.85%).
4More Financial Analyst City Comparisons
Data: U.S. Bureau of Labor Statistics OEWS · 2026 · Cost-of-living indices from composite metro area data. Take-home estimates approximate only — consult a tax professional for accurate figures.