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Financial Manager Salary in Utah: Cost of Living Adjusted (2024)

What does a Financial Manager salary really buy you in Utah?

Utah is 5.5% cheaper than the US average

Data: BLS OEWS 2024 + BEA Regional Price Parities 2022 • Updated 2026-03-31

Nominal Salary
$137,760
Median annual (2024)
+5.8%
Real Purchasing Power
$145,777
COL-adjusted (RPP=94.5)

Utah Cost of Living Index

Utah's Regional Price Parity (RPP) is 94.5, meaning prices are 5.5% lower the national average. A Financial Manager earning $137,760 in Utah has the equivalent purchasing power of $145,777 in an average-cost US state.

UT: 94.5
Cheapest (~85) US Avg (100) Priciest (~115)
Key Insight

A Financial Manager in Utah earns $137,760 on paper, but low living costs mean your money goes 6% further — like earning $145,777 in an average-cost state. This makes Utah one of the best value states for this occupation.

Best States for Financial Manager (After Cost of Living)

Where does Financial Manager salary stretch the furthest? Top 10 states ranked by COL-adjusted median salary.

$200,501
RPP 107.6
$183,724
RPP 98.0
$173,483
RPP 108.8
$172,750
RPP 88.0
$170,909
RPP 102.3
6. Georgia
$170,615
RPP 95.8
$170,212
RPP 94.2
$166,787
RPP 102.1
$165,603
RPP 109.4
10. Texas
$164,461
RPP 97.5

Utah ranks #26 out of 50 states for Financial Manager after cost-of-living adjustment.

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Frequently Asked Questions

What is the real salary for a Financial Manager in Utah after cost of living?

A Financial Manager in Utah earns a median salary of $137,760 per year. After adjusting for Utah's cost of living (RPP=94.5), the real purchasing power is $145,777 — a +5.8% difference.

Is Utah expensive to live in?

Utah's cost of living is 5.5% lower than the national average according to the BEA Regional Price Parities (2022). The RPP index for Utah is 94.5 (US average = 100).

What are Regional Price Parities (RPP)?

Regional Price Parities (RPPs) are price indexes published by the U.S. Bureau of Economic Analysis (BEA) that measure differences in price levels across states. They are expressed as a percentage of the national average (US = 100). Higher RPP means higher cost of living.

How is the cost-of-living adjusted salary calculated?

The adjusted salary is calculated as: Nominal Salary x (100 / RPP). For a Financial Manager in Utah: $137,760 x (100 / 94.5) = $145,777. This represents what the salary would be worth in a state with average living costs.

Is it better to be a Financial Manager in Utah financially?

From a purchasing power perspective, yes. A Financial Manager in Utah enjoys 5.8% more buying power than the nominal salary suggests, because living costs are below the national average. However, other factors like job availability, career growth, and quality of life also matter.

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