Portfolio Manager Salary: Boston vs New York
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
VS
USD Difference
-3%
Boston vs New York
🇺🇸 New York
United States
$208K USD
$208K USD
$208K PPP
Higher Purchasing Power
Detailed Comparison
| Metric | Boston | New York | Difference |
|---|---|---|---|
| Local Currency Salary | $202K USD | $208K USD | — |
| USD Equivalent | $202K | $208K | -3% |
| PPP-Adjusted SalaryWINNER | $202K | $208K 🏆 | -3% |
| 25th Percentile | $161K USD | $166K USD | — |
| Median | $202K USD | $208K USD | — |
| 75th Percentile | $252K USD | $260K USD | — |
| Annual Mean | $218K USD | $225K USD | — |
What Does This Mean?
Boston offers a Portfolio Manager salary of $202K USD, while New York offers $208K USD — a difference of -3% in raw terms.
After adjusting for purchasing power parity (PPP), Boston's salary is worth $202K in US purchasing power terms, versus $208K for New York. This means New York 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.