Business & Finance Boston, MA Pop. 675,647

Financial Controller Salary in Boston, Massachusetts

The median financial controller salary in Boston, MA is $198,750 per year, which is 59.0% above the national median and 12.0% above the Massachusetts state average.

City Median
$198,750
vs State Avg
+$21,250
vs National
+$73,750
Cost of Living
152%

Financial Controller Pay in Boston: What to Expect (2026)

Boston offers a median financial controller salary of $198,750, which is $21,250 above the Massachusetts state average of $177,500. Compared to the national median of $125,000, Boston pays above average for this role.

However, Boston's cost of living index is 152%, significantly above the national average. After adjusting for local costs, the $198,750 salary has an effective purchasing power of approximately $130,757. Housing, transportation, and food costs in Boston should be factored into any relocation or job-change decision.

The salary range for financial controllers in Boston spans from $124,020 at the 10th percentile to $314,820 at the 90th percentile — a $190,800 spread. Entry-level professionals start around $130,380, while senior financial controllers with 8+ years of experience can earn up to $302,100. As a major metro area with a population of 675,647, Boston typically offers more job opportunities and employer competition, which can drive salaries higher.

Financial Controller Salary in Boston by Experience

In Boston, an entry-level financial controller earns around $130,380, while experienced professionals earn up to $302,100 per year. The local cost of living index is 152% of the national average.

Entry Level (0-2 yrs)
$130,380
+$48,380 vs national
Mid Level (3-7 yrs)
$203,520
+$75,520 vs national
Senior Level (8+ yrs)
$302,100
+$112,100 vs national

Salary Percentiles in Boston, MA

Percentile Boston
10th Percentile $124,020
25th Percentile $155,820
Median (50th) $198,750
75th Percentile $257,580
90th Percentile $314,820

Financial Controller Salary in Other Massachusetts Cities

How to Become a Financial Controller in Boston

Education

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

Key Skills

Financial ReportingGAAPERP SystemsBudgetingTeam LeadershipTax Compliance

Job Outlook

Nationally, financial controller employment is projected to grow 6% over the next decade (faster than average). Demand in Boston may vary based on local industry and population growth.

Find Financial Controller Jobs in Boston

Browse open financial controller positions in Boston, MA:

Frequently Asked Questions: Financial Controller Salary in Boston

How much does a Financial Controller make in Boston, MA? ▼
The median financial controller salary in Boston, Massachusetts is $198,750 per year, which is 59.0% above the national median of $125,000. Salaries range from $124,020 (10th percentile) to $314,820 (90th percentile).
How much does a Financial Controller make per hour in Boston? ▼
Based on the median annual salary of $198,750, a financial controller in Boston earns approximately $96 per hour assuming a standard 2,080-hour work year.
How does Boston compare to the Massachusetts state average for financial controller pay? ▼
Boston's median financial controller salary of $198,750 is 12.0% above the Massachusetts state average of $177,500. The local cost of living index is 152% of the national average.
What is the cost of living in Boston, MA? ▼
Boston has a cost of living index of 152% compared to the national average. This means a financial controller salary of $198,750 in Boston has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a financial controller in Boston? ▼
Most financial controller positions in Boston require a bachelor's degree. Key skills include Financial Reporting, GAAP, ERP Systems, Budgeting. The job market is projected to grow 6% nationally over the next decade.