Portfolio Manager Salary: Boston vs Milan
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
+199%
Boston vs Milan
🇮🇹 Milan
Italy
€62K EUR
$67K USD
$94K PPP
Detailed Comparison
| Metric | Boston | Milan | Difference |
|---|---|---|---|
| Local Currency Salary | $202K USD | €62K EUR | — |
| USD Equivalent | $202K | $67K | +199% |
| PPP-Adjusted SalaryWINNER | $202K 🏆 | $94K | +115% |
| 25th Percentile | $161K USD | €50K EUR | — |
| Median | $202K USD | €62K EUR | — |
| 75th Percentile | $252K USD | €78K EUR | — |
| Annual Mean | $218K USD | €67K EUR | — |
What Does This Mean?
Boston offers a Portfolio Manager salary of $202K USD, while Milan offers $67K USD — a difference of +199% in raw terms.
After adjusting for purchasing power parity (PPP), Boston's salary is worth $202K in US purchasing power terms, versus $94K for Milan. 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.