Disclosure: This page contains affiliate links marked with (Ad). If you click through and make a purchase, we may earn a commission at no extra cost to you. Learn more

Financial Managers Salary in Ohio: Cost of Living Adjusted (2025)

Last updated: 2025 BLS data · Page refreshed:

What does a Financial Managers salary really buy you in Ohio?

Ohio is 8.5% cheaper than the US average

Data: BLS OEWS 2025 + BEA Regional Price Parities 2022 • Updated 2026-05-19

Nominal Salary
$140,870
Median annual (2025)
+9.3%
Real Purchasing Power
$153,956
COL-adjusted (RPP=91.5)

Ohio Cost of Living Index

Ohio's Regional Price Parity (RPP) is 91.5, meaning prices are 8.5% lower the national average. A Financial Managers earning $140,870 in Ohio has the equivalent purchasing power of $153,956 in an average-cost US state.

OH: 91.5
Cheapest (~85) US Avg (100) Priciest (~115)

Salary Breakdown: Nominal vs. COL-Adjusted

Every dollar goes further in low-cost states. Here is how each salary percentile compares after adjusting for Ohio's cost of living.

Percentile Nominal Salary COL-Adjusted Difference
10th Percentile (P10) $82,190 $89,825 +$7,635
25th Percentile (P25) $107,000 $116,939 +$9,939
Median (P50) $140,870 $153,956 +$13,086
75th Percentile (P75) $192,560 $210,448 +$17,888
90th Percentile (P90) $273,760 $299,191 +$25,431
Key Insight

A Financial Managers in Ohio earns $140,870 on paper, but low living costs mean your money goes 9% further — like earning $153,956 in an average-cost state. This makes Ohio one of the best value states for this occupation.

What the Cost-of-Living Data Says

Ohio Runs Well Below National Cost

RPP 91.5

Ohio's Regional Price Parity (RPP) of 91.5 means a basket of goods and services costs about 8.5% less than the national average. For a Financial Managers, every dollar earned effectively buys more here than in a 100-RPP state.

Meaningful Purchasing-Power Shift

+9.3%

After applying Ohio's RPP, the $140,870 median salary translates to $153,956 in real terms — a 9.3% gain. That difference can cover several months of expenses over a year for a Financial Managers.

Above-Median Adjusted Pay

#23 / 51

Ohio sits at #23 of 51 states for Financial Managers COL-adjusted salary — comfortably above the national midpoint.

Best States for Financial Managers (After Cost of Living)

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

$204,349
RPP 107.6
$188,994
RPP 109.4
$185,285
RPP 98.0
$183,005
RPP 108.8
$181,477
RPP 88.0
$181,410
RPP 102.1
$178,582
RPP 102.3
8. Kansas
$177,088
RPP 90.0
$177,048
RPP 94.2
10. Georgia
$174,102
RPP 95.8

Ohio ranks #23 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 Ohio after taxes →

Frequently Asked Questions

What is the real salary for a Financial Managers in Ohio after cost of living?

A Financial Managers in Ohio earns a median salary of $140,870 per year. After adjusting for Ohio's cost of living (RPP=91.5), the real purchasing power is $153,956 — a +9.3% difference.

Is Ohio expensive to live in?

Ohio's cost of living is 8.5% lower than the national average according to the BEA Regional Price Parities (2022). The RPP index for Ohio is 91.5 (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 Managers in Ohio: $140,870 x (100 / 91.5) = $153,956. This represents what the salary would be worth in a state with average living costs.

Is it better to be a Financial Managers in Ohio financially?

From a purchasing power perspective, yes. A Financial Managers in Ohio enjoys 9.3% 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.

What To Do Next

Some links are affiliate links. See our disclosure.

Related Salary Pages

Get Monthly Salary Insights & Career Data

Free data-driven career updates — no spam, unsubscribe anytime.

Join career-minded Americans who use data to make smarter decisions. Privacy Policy