Financial Managers vs Purchasing Managers: Salary Comparison

Side-by-side salary data across all 50 states. Data from the Bureau of Labor Statistics (2024).

National Salary Overview

Financial Managers

Median Salary
$138,788
Average (Mean)
$157,192
Employed Nationwide
787,360
VS

Purchasing Managers

Median Salary
$128,820
Average (Mean)
$136,460
Employed Nationwide
77,350
Financial Managers earns $9,967 more (7.7%)

Key Metrics Compared

Median Salary $138,788 $128,820
Average (Mean) Salary $157,192 $136,460
Total Employment 787,360 77,350
States with Higher Pay 41 8

Salary by State: Financial Managers vs Purchasing Managers

Showing 49 states where both occupations have BLS data. Financial Managers pays more in 41 states; Purchasing Managers pays more in 8.

State Financial Managers Purchasing Managers Difference
Alabama $134,080
$124,130
+$9,950
Alaska $127,000
$107,380
+$19,620
Arizona $133,420
$134,800
$-1,380
Arkansas $101,230
$108,850
$-7,620
California $169,780
$153,510
+$16,270
Colorado $168,410
$153,980
+$14,430
Connecticut $162,260
$129,760
+$32,500
District of Columbia $172,060
$163,240
+$8,820
Florida $135,780
$131,740
+$4,040
Georgia $159,620
$131,670
+$27,950
Hawaii $123,010
$109,660
+$13,350
Idaho $109,000
$104,890
+$4,110
Illinois $149,900
$136,930
+$12,970
Indiana $125,280
$113,330
+$11,950
Iowa $126,230
$114,340
+$11,890
Kansas $134,770
$131,380
+$3,390
Kentucky $122,770
$109,990
+$12,780
Louisiana $109,280
$108,570
+$710
Maine $129,630
$128,010
+$1,620
Maryland $146,860
$145,600
+$1,260
Massachusetts $169,870
$154,760
+$15,110
Michigan $131,770
$134,970
$-3,200
Minnesota $151,000
$139,790
+$11,210
Mississippi $95,830
$101,240
$-5,410
Missouri $130,990
$135,720
$-4,730
Montana $120,270
$103,000
+$17,270
Nebraska $132,510
$124,190
+$8,320
Nevada $123,990
$104,380
+$19,610
New Hampshire $140,380
$140,290
+$90
New Jersey $185,430
$168,210
+$17,220
New Mexico $115,000
$131,600
$-16,600
New York $215,430
$165,930
+$49,500
North Carolina $146,860
$129,140
+$17,720
North Dakota $127,570
$134,400
$-6,830
Ohio $131,610
$128,500
+$3,110
Oklahoma $125,430
$106,730
+$18,700
Oregon $137,390
$126,330
+$11,060
Pennsylvania $137,770
$134,010
+$3,760
Rhode Island $159,390
$139,100
+$20,290
South Carolina $125,270
$113,110
+$12,160
South Dakota $152,690
$126,310
+$26,380
Tennessee $129,970
$122,270
+$7,700
Texas $155,380
$128,960
+$26,420
Utah $132,200
$119,370
+$12,830
Vermont $113,430
$96,110
+$17,320
Virginia $166,680
$153,600
+$13,080
Washington $168,120
$154,190
+$13,930
West Virginia $96,630
$132,350
$-35,720
Wisconsin $133,430
$121,880
+$11,550

Frequently Asked Questions

Who makes more: Financial Managers or Purchasing Managers?
On average across all states, a Financial Managers earns more than a Purchasing Managers. The national median salary difference is $9,967 (7.7%) based on 2024 BLS data.
In how many states does a Financial Managers earn more than a Purchasing Managers?
A Financial Managers earns a higher median salary than a Purchasing Managers in 41 out of 49 states where both occupations have BLS data. A Purchasing Managers pays more in 8 states.
What is the median salary for a Financial Managers vs Purchasing Managers?
The national median salary for a Financial Managers is $138,788 per year, compared to $128,820 for a Purchasing Managers, according to 2024 BLS OEWS data.
Which has more jobs: Financial Managers or Purchasing Managers?
There are more people employed as Financial Managers. BLS reports approximately 787,360 Financial Managers positions and 77,350 Purchasing Managers positions nationwide (2024).
Should I become a Financial Managers or Purchasing Managers?
Both Financial Managers and Purchasing Managers are viable career paths. Beyond salary, consider factors like job availability in your state, work-life balance, education requirements, growth potential, and personal interests. Visit each occupation's salary page for state-specific data and career insights.

Compare After-Tax Take-Home Pay

See what each role actually pays after federal, state, and FICA taxes.