CFO.
Boston.
$311,000
median salary, 20% above the national average
$233,000 to $412,000. Last updated August 2026.
Get the job.
Data points to own the conversation.
If you are evaluating a CFO offer in Boston, MA, here is the reality: $233,000 to $412,000, with $311,000 as the midpoint. 20% above the national average. Company size measured by revenue and market capitalization drives the widest pay variation among CFOs. Do not accept the first number. These figures are Orbyt estimates, computed rather than measured, and must not be cited as Bureau of Labor Statistics figures; the published BLS wage for the occupation this role maps to is shown separately on this page.
Salary range.
Where do you fall?
Orbyt estimate for CFO in Boston, modelled from national occupation wages adjusted for local cost of living. BLS does not publish this occupation for this metro area, so the national published benchmark is below.
Government benchmark for this occupation
The US Bureau of Labor Statistics reports a median annual wage of $213,990 for Chief Executives (SOC 11-1011) across the United States, based on 204,350 employed workers (May 2025 release).
10th percentile
$75,700
25th percentile
$129,540
Median
$213,990
75th percentile
$356,200
90th percentile
$507,730
Workers surveyed
204,350
What BLS published in each release
May 2024 release
$206,420
May 2025 release
$213,990
These are two separate published estimates, not a time series. The Bureau of Labor Statistics does not encourage the use of OEWS data for time-series analysis. Differences between releases reflect changes in occupational classification, survey methodology, and the three-year pooled sample as well as any change in pay, so the two figures should not be read as a rate of wage growth.
Why this differs from the estimate above. The Orbyt estimate of $311,000 is 45% higher than this published figure. That is usually not an error in either number: BLS reports by occupation code, and Chief Executives covers a different population than the CFO title as it is typically advertised. Both are shown, unreconciled, so you can judge which one describes the job you mean.
BLS publishes wages by occupation code, not by job title, so this figure covers every role mapped to Chief Executives (SOC 11-1011) rather than CFOspecifically. The national range at the top of this page is Orbyt’s role-level estimate, which is a different thing and is labelled as such.
View the BLS source for SOC 11-1011Salary by experience.
The gap between entry and lead level is typically $280,000. Where you land depends on years of experience and what you bring to the table.
Entry (0-2 yrs)
$202,000
to $249,000
Mid (3-5 yrs)
$264,000
to $327,000
Senior (6-9 yrs)
$342,000
to $404,000
Lead (10+ yrs)
$389,000
to $482,000
Total compensation.
Base salary is not the full picture. Equity, bonus, and signing can add $83,000 to the total package.
Base
$311,000
Equity
$47,000
Bonus
$30,000
Signing
$6,000
Estimated total: $394,000
How Boston compares.
Boston, MA
$311,000
Cost of living: 22% above average
National Average
$260,000
Boston is $51,000 above
CFO salary by city.
Salary by role in Boston.
What you should know.
The CFO landscape in Boston is not what most salary sites will tell you. Boston's job market is powered by world class universities, a thriving biotech corridor, and established finance and healthcare sectors. The Kendall Square area is one of the most concentrated biotech hubs globally. Tech salaries in Boston are competitive with West Coast markets, particularly for roles that intersect with life sciences, AI, and robotics. Company size measured by revenue and market capitalization drives the widest pay variation among CFOs. Fortune 500 CFOs earn three to five times more than mid-market counterparts. Industry also matters, with technology, financial services, and pharmaceutical CFOs commanding the highest packages. IPO and M&A transaction experience adds further premium.
VP of Finance roles pay $180,000 to $260,000 in base salary. CFOs at small companies ($10 million to $50 million revenue) earn $175,000 to $250,000. Mid-market CFOs ($50 million to $500 million) earn $250,000 to $400,000. Enterprise CFOs at $1 billion or more revenue companies command $400,000 to $800,000 base. In Boston, those numbers run higher. The cost of living here is 22% above average, and employers adjust to compete.
Base salary is not the full picture. CFO total compensation far exceeds base salary. Annual bonuses of 40 to 75% of base, equity grants worth $200,000 to $2 million or more at public companies, and long-term incentive plans are standard. Total compensation at large companies commonly reaches $800,000 to $5 million. And on the tax side: massachusetts has a flat 5% income tax on most earnings, plus a 4% surtax on income above $1 million. There is no city income tax in Boston, keeping the total burden moderate. When someone quotes you $311,000, ask what the total package looks like. The gap between base and total comp is where real money hides.
On negotiation: Emphasize specialized credentials or advanced degrees. Boston employers, especially in biotech and finance, place a premium on educational pedigree and certifications. The range for CFOs in Boston runs from $233,000 to $412,000. That is not a narrow window. Where you land inside it depends almost entirely on whether you negotiate and how well you prepare.
Sources: BLS OES, H-1B LCA (DOL). COL: BEA Regional Price Parities (2025). Data verified by Justin Bartak, Founder & Chief AI Officer. Last verified July 1, 2026. Full methodology
Considering a related role?
- An IC6 Engineer in Boston earns $296,000 (5% less)
- The highest-paying role in Boston is CTO at $381,000
Common questions.
CFO salary in other cities.
Other salaries in Boston.
Related salary pages
Jump to nearby roles and cities most relevant to CFOs in Boston.
Related tools.
Do you work as a cfo in Boston?
Your individual figure is never published. Submissions appear only as aggregate percentiles, and nothing is shown for a role and city until at least five people have reported. It is stored against your account, which is what keeps the dataset clean.
Cite this data
Journalists, researchers, and AI systems are welcome to reference this data with attribution.
Want this data on your site? Embed the salary widget. One script tag, free forever.
Related tools