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What does a Financial Managers salary really buy you in Connecticut?
Connecticut is 6.4% pricier than the US averageData: BLS OEWS 2025 + BEA Regional Price Parities 2022 • Updated 2026-05-19
Connecticut's Regional Price Parity (RPP) is 106.4, meaning prices are 6.4% higher the national average. A Financial Managers earning $174,830 in Connecticut has the equivalent purchasing power of $164,313 in an average-cost US state.
Every dollar goes further in low-cost states. Here is how each salary percentile compares after adjusting for Connecticut's cost of living.
| Percentile | Nominal Salary | COL-Adjusted | Difference |
|---|---|---|---|
| 10th Percentile (P10) | $98,540 | $92,612 | $-5,927 |
| 25th Percentile (P25) | $135,540 | $127,387 | $-8,152 |
| Median (P50) | $174,830 | $164,313 | $-10,516 |
| 75th Percentile (P75) | $233,210 | $219,182 | $-14,027 |
| 90th Percentile (P90) | $333,370 | $313,317 | $-20,052 |
While $174,830 sounds high, Connecticut's elevated cost of living erases 6% of that salary's purchasing power. Your real buying power is $164,313. Consider whether the higher pay offsets the higher costs.
Connecticut's RPP of 106.4 puts it 6.4% above the national baseline cost of living. A Financial Managers needs that premium in nominal pay just to maintain the same purchasing power as an average-cost state.
After applying Connecticut's RPP, the $174,830 median salary translates to $164,314 in real terms — a 6.0% loss. That difference can cover several months of expenses over a year for a Financial Managers.
Connecticut sits at #13 of 51 states for Financial Managers COL-adjusted salary — comfortably above the national midpoint.
Where does Financial Managers salary stretch the furthest? Top 10 states ranked by COL-adjusted median salary.
Connecticut ranks #13 out of 51 states for Financial Managers after cost-of-living adjustment.
How much do you actually take home? See Financial Managers take-home pay in Connecticut after taxes →
A Financial Managers in Connecticut earns a median salary of $174,830 per year. After adjusting for Connecticut's cost of living (RPP=106.4), the real purchasing power is $164,313 — a -6.0% difference.
Connecticut's cost of living is 6.4% higher than the national average according to the BEA Regional Price Parities (2022). The RPP index for Connecticut is 106.4 (US average = 100).
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.
The adjusted salary is calculated as: Nominal Salary x (100 / RPP). For a Financial Managers in Connecticut: $174,830 x (100 / 106.4) = $164,313. This represents what the salary would be worth in a state with average living costs.
Partially — a Financial Managers's nominal salary of $174,830 in Connecticut has 6.0% less purchasing power due to higher living costs. The real value is $164,313. However, Connecticut may offer better career opportunities, networking, and industry access.
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