Business & Finance Cambridge, MA Pop. 118,403

Financial Controller Salary in Cambridge, Massachusetts

The median financial controller salary in Cambridge, MA is $208,750 per year, which is 67.0% above the national median and 17.6% above the Massachusetts state average.

City Median
$208,750
vs State Avg
+$31,250
vs National
+$83,750
Cost of Living
160%

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

Cambridge offers a median financial controller salary of $208,750, which is $31,250 above the Massachusetts state average of $177,500. Compared to the national median of $125,000, 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 $208,750 salary has an effective purchasing power of approximately $130,469. Housing, transportation, and food costs in Cambridge should be factored into any relocation or job-change decision.

The salary range for financial controllers in Cambridge spans from $130,260 at the 10th percentile to $330,660 at the 90th percentile — a $200,400 spread. Entry-level professionals start around $136,940, while senior financial controllers with 8+ years of experience can earn up to $317,300. With a population of 118,403, Cambridge is a mid-sized metro with a growing job market.

Financial Controller Salary in Cambridge by Experience

In Cambridge, an entry-level financial controller earns around $136,940, while experienced professionals earn up to $317,300 per year. The local cost of living index is 160% of the national average.

Entry Level (0-2 yrs)
$136,940
+$54,940 vs national
Mid Level (3-7 yrs)
$213,760
+$85,760 vs national
Senior Level (8+ yrs)
$317,300
+$127,300 vs national

Salary Percentiles in Cambridge, MA

Percentile Cambridge
10th Percentile $130,260
25th Percentile $163,660
Median (50th) $208,750
75th Percentile $270,540
90th Percentile $330,660

Financial Controller Salary in Other Massachusetts Cities

Boston, MA
$198,750
Pop. 675,647
Worcester, MA
$146,250
Pop. 206,518
Lowell, MA
$140,000
Pop. 115,554
Springfield, MA
$131,250
Pop. 155,929

How to Become a Financial Controller in Cambridge

Education

Most financial controller positions require a bachelor's degree. Cambridge 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 Cambridge may vary based on local industry and population growth.

Find Financial Controller Jobs in Cambridge

Browse open financial controller positions in Cambridge, MA:

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Frequently Asked Questions: Financial Controller Salary in Cambridge

How much does a Financial Controller make in Cambridge, MA? ▼
The median financial controller salary in Cambridge, Massachusetts is $208,750 per year, which is 67.0% above the national median of $125,000. Salaries range from $130,260 (10th percentile) to $330,660 (90th percentile).
How much does a Financial Controller make per hour in Cambridge? ▼
Based on the median annual salary of $208,750, a financial controller in Cambridge earns approximately $100 per hour assuming a standard 2,080-hour work year.
How does Cambridge compare to the Massachusetts state average for financial controller pay? ▼
Cambridge's median financial controller salary of $208,750 is 17.6% above the Massachusetts state average of $177,500. 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 controller salary of $208,750 in Cambridge has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a financial controller in Cambridge? ▼
Most financial controller positions in Cambridge 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.