Financial Managers Salary in South Carolina: Cost of Living Adjusted (2024)

What does a Financial Managers salary really buy you in South Carolina?

South Carolina is 6.4% cheaper than the US average

Data: BLS OEWS 2024 + BEA Regional Price Parities 2022 • Updated 2026-04-02

Nominal Salary
$125,270
Median annual (2024)
+6.8%
Real Purchasing Power
$133,835
COL-adjusted (RPP=93.6)

South Carolina Cost of Living Index

South Carolina's Regional Price Parity (RPP) is 93.6, meaning prices are 6.4% lower the national average. A Financial Managers earning $125,270 in South Carolina has the equivalent purchasing power of $133,835 in an average-cost US state.

SC: 93.6
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 South Carolina's cost of living.

Percentile Nominal Salary COL-Adjusted Difference
10th Percentile (P10) $75,480 $80,641 +$5,161
25th Percentile (P25) $92,890 $99,241 +$6,351
Median (P50) $125,270 $133,835 +$8,565
75th Percentile (P75) $165,120 $176,410 +$11,290
90th Percentile (P90) $222,950 $238,194 +$15,244
Key Insight

A Financial Managers in South Carolina earns $125,270 on paper, but low living costs mean your money goes 7% further — like earning $133,835 in an average-cost state. This makes South Carolina one of the best value states for this occupation.

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.

$200,213
RPP 107.6
$178,448
RPP 98.0
$173,511
RPP 88.0
$170,431
RPP 108.8
5. Georgia
$166,617
RPP 95.8
$164,623
RPP 102.3
$163,251
RPP 102.1
8. Texas
$159,364
RPP 97.5
$155,902
RPP 94.2
$155,274
RPP 109.4

South Carolina ranks #34 out of 51 states for Financial Managers after cost-of-living adjustment.

What To Do Next

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How much do you actually take home? See Financial Managers take-home pay in South Carolina after taxes →

Frequently Asked Questions

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

A Financial Managers in South Carolina earns a median salary of $125,270 per year. After adjusting for South Carolina's cost of living (RPP=93.6), the real purchasing power is $133,835 — a +6.8% difference.

Is South Carolina expensive to live in?

South Carolina's cost of living is 6.4% lower than the national average according to the BEA Regional Price Parities (2022). The RPP index for South Carolina is 93.6 (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 South Carolina: $125,270 x (100 / 93.6) = $133,835. This represents what the salary would be worth in a state with average living costs.

Is it better to be a Financial Managers in South Carolina financially?

From a purchasing power perspective, yes. A Financial Managers in South Carolina enjoys 6.8% 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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Cities in South Carolina
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Colleges in South Carolina
Aiken Technical College Allen University Anderson University Charleston Southern University