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

What does a Financial Managers 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 2026-04-02

Nominal Salary
$132,200
Median annual (2024)
+5.8%
Real Purchasing Power
$139,894
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 Managers earning $132,200 in Utah has the equivalent purchasing power of $139,894 in an average-cost US state.

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

A Financial Managers in Utah earns $132,200 on paper, but low living costs mean your money goes 6% further — like earning $139,894 in an average-cost state. This makes Utah 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

Utah ranks #30 out of 51 states for Financial Managers after cost-of-living adjustment.

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

Frequently Asked Questions

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

A Financial Managers in Utah earns a median salary of $132,200 per year. After adjusting for Utah's cost of living (RPP=94.5), the real purchasing power is $139,894 — 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 Managers in Utah: $132,200 x (100 / 94.5) = $139,894. This represents what the salary would be worth in a state with average living costs.

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

From a purchasing power perspective, yes. A Financial Managers 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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