Financial Analyst · Salary Comparison · 2026
Financial Analyst Salary: Nashville, TN vs Boston, MA
Side-by-side comparison of salary, taxes, cost of living, and take-home pay for Financial Analysts in Nashville, TN and Boston, MA, based on BLS OEWS 2026 data.
1Which City Pays More After Tax?
Higher Gross Salary
✓ Boston, MA
$80,000 vs $115,000
Better Purchasing Power
✓ Nashville, TN
$72,727 vs $70,988
Best Take-Home (COL-Adj)
✓ Nashville, TN
$67,200 vs $62,313
2
Detailed Comparison
| Metric | Nashville, TN | Boston, MA | Diff |
|---|---|---|---|
| Median Annual Salary | $80,000 | $115,000▲ | -$35,000 |
| 25th Percentile | $59,000 | $85,000▲ | -$26,000 |
| 75th Percentile | $104,000 | $152,000▲ | -$48,000 |
| 90th Percentile | $134,000 | $195,000▲ | -$61,000 |
| Cost of Living Index | 110 | 162 | -52 |
| State Income Tax | 0%▲ | 5% | -5% |
| COL-Adjusted Median | $72,727▲ | $70,988 | +$1,739 |
| Est. Annual Take-Home | $73,920 | $100,947▲ | -$27,027 |
| COL-Adj. Take-Home | $67,200▲ | $62,313 | +$4,887 |
| Total Employment | 7,000 | 16,000 | -9,000 |
▲ = Higher value wins for this metric. Diff = Nashville, TN minus Boston, MA.
3Summary Analysis
On paper, Boston, MA pays $35,000 more (median: $80,000 vs $115,000). However, after adjusting for cost of living (index 110 vs 162), Nashville, TN provides better purchasing power ($72,727 vs $70,988 equivalent). Nashville, TN has no state income tax, which is a significant advantage.
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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.