Business & Finance Cambridge, MA Pop. 118,403

Financial Analyst Salary in Cambridge, Massachusetts

The median financial analyst salary in Cambridge, MA is $158,784 per year, which is 67.0% above the national median and 17.6% above the Massachusetts state average.

City Median
$158,784
vs State Avg
+$23,770
vs National
+$63,704
Cost of Living
160%

Financial Analyst Pay in Cambridge: What to Expect (2026)

Cambridge offers a median financial analyst salary of $158,784, which is $23,770 above the Massachusetts state average of $135,014. Compared to the national median of $95,080, Cambridge pays above average for this role.

However, Cambridge's cost of living index is 160%, significantly above the national average. After adjusting for local costs, the $158,784 salary has an effective purchasing power of approximately $99,240. Housing, transportation, and food costs in Cambridge should be factored into any relocation or job-change decision.

The salary range for financial analysts in Cambridge spans from $95,524 at the 10th percentile to $278,222 at the 90th percentile — a $182,698 spread. Entry-level professionals start around $100,200, while senior financial analysts with 8+ years of experience can earn up to $247,160. With a population of 118,403, Cambridge is a mid-sized metro with a growing job market.

Financial Analyst Salary in Cambridge by Experience

In Cambridge, an entry-level financial analyst earns around $100,200, while experienced professionals earn up to $247,160 per year. The local cost of living index is 160% of the national average.

Entry Level (0-2 yrs)
$100,200
+$40,200 vs national
Mid Level (3-7 yrs)
$160,320
+$64,320 vs national
Senior Level (8+ yrs)
$247,160
+$99,160 vs national

Salary Percentiles in Cambridge, MA

Percentile Cambridge
10th Percentile $95,524
25th Percentile $121,576
Median (50th) $158,784
75th Percentile $208,750
90th Percentile $278,222

Financial Analyst Salary in Other Massachusetts Cities

Boston, MA
$151,177
Pop. 675,647
Worcester, MA
$111,244
Pop. 206,518
Lowell, MA
$106,490
Pop. 115,554
Springfield, MA
$99,834
Pop. 155,929

How to Become a Financial Analyst in Cambridge

Education

Most financial analyst positions require a bachelor's degree. Cambridge and the surrounding Massachusetts area have institutions offering relevant programs.

Key Skills

Financial ModelingExcelBloomberg TerminalValuationData AnalysisPresentation

Job Outlook

Nationally, financial analyst employment is projected to grow 8% over the next decade (faster than average). Demand in Cambridge may vary based on local industry and population growth.

Find Financial Analyst Jobs in Cambridge

Browse open financial analyst positions in Cambridge, MA:

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Frequently Asked Questions: Financial Analyst Salary in Cambridge

How much does a Financial Analyst make in Cambridge, MA? ▼
The median financial analyst salary in Cambridge, Massachusetts is $158,784 per year, which is 67.0% above the national median of $95,080. Salaries range from $95,524 (10th percentile) to $278,222 (90th percentile).
How much does a Financial Analyst make per hour in Cambridge? ▼
Based on the median annual salary of $158,784, a financial analyst in Cambridge earns approximately $76 per hour assuming a standard 2,080-hour work year.
How does Cambridge compare to the Massachusetts state average for financial analyst pay? ▼
Cambridge's median financial analyst salary of $158,784 is 17.6% above the Massachusetts state average of $135,014. The local cost of living index is 160% of the national average.
What is the cost of living in Cambridge, MA? ▼
Cambridge has a cost of living index of 160% compared to the national average. This means a financial analyst salary of $158,784 in Cambridge has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a financial analyst in Cambridge? ▼
Most financial analyst positions in Cambridge require a bachelor's degree. Key skills include Financial Modeling, Excel, Bloomberg Terminal, Valuation. The job market is projected to grow 8% nationally over the next decade.