Portfolio Manager Salary: Boston vs Chicago
Annual median salary comparison (2024). All figures include local currency, USD equivalent, and PPP-adjusted purchasing power.
🇺🇸 Boston
United States
$202K USD
$202K USD
$202K PPP
Higher Purchasing Power
VS
USD Difference
+11%
Boston vs Chicago
🇺🇸 Chicago
United States
$182K USD
$182K USD
$182K PPP
Detailed Comparison
| Metric | Boston | Chicago | Difference |
|---|---|---|---|
| Local Currency Salary | $202K USD | $182K USD | — |
| USD Equivalent | $202K | $182K | +11% |
| PPP-Adjusted SalaryWINNER | $202K 🏆 | $182K | +11% |
| 25th Percentile | $161K USD | $146K USD | — |
| Median | $202K USD | $182K USD | — |
| 75th Percentile | $252K USD | $228K USD | — |
| Annual Mean | $218K USD | $197K USD | — |
What Does This Mean?
Boston offers a Portfolio Manager salary of $202K USD, while Chicago offers $182K USD — a difference of +11% in raw terms.
After adjusting for purchasing power parity (PPP), Boston's salary is worth $202K in US purchasing power terms, versus $182K for Chicago. This means Boston offers better real purchasing power for this role.
PPP adjustment accounts for differences in local prices — for example, housing costs 3x more in San Francisco than in Warsaw, so a San Francisco salary needs to be much higher to provide an equivalent standard of living.