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Chief Financial Officer (CFO) Salary in Albuquerque, NM

How much does a chief financial officer (cfo) make in Albuquerque? Explore median, entry-level, and senior salaries adjusted for Albuquerque's cost of living.

Median Salary
$162,050
per year in Albuquerque
Entry Level
$99,214
Starting salary
Senior Level
$264,571
Experienced professionals
Cost of Living
98
2% below national avg

Salary Breakdown by Experience Level

See how chief financial officer (cfo) salaries break down across different pay periods in Albuquerque.

PeriodEntry LevelMedianSenior
Annual$99,214$162,050$264,571
Monthly$8,268$13,504$22,048
Biweekly$3,816$6,233$10,176
Weekly$1,908$3,116$5,088
Hourly$48$78$127

Albuquerque vs National Average

How Albuquerque's chief financial officer (cfo) salaries compare to national figures.

Albuquerque Salary
$162,050
COL Index: 98
National Average
$154,120
COL Index: 100
Difference
+$7,930
Higher in Albuquerque

Cost of Living in Albuquerque

1-Bedroom Rent
$1,300
per month
Median Income
$54,123
per year
Population
564,559
residents
Rent % of Income
28.8%
median household
Cost of Living Index: 98 — A score of 100 represents the U.S. average. Salaries in Albuquerque have been adjusted to account for local cost differences.

About Chief Financial Officer (CFO)

Overview

Oversee financial operations and strategy for organizations.

Education

Bachelor's degree in Finance or related field; MBA and CPA common

Key Skills

Financial LeadershipStrategic PlanningFinancial ManagementBusiness Acumen

Growth Rate

Expected job growth: +20% over the next decade

Compare Cities: Chief Financial Officer (CFO) Salary

See Chief Financial Officer (CFO) salaries in other top cities.

New York, NY
$360,256
+122%
Los Angeles, CA
$231,500
+43%
Chicago, IL
$181,245
+12%
Houston, TX
$144,950
-11%
Phoenix, AZ
$164,980
+2%

Financial Tools to Explore

Use these Pulsafi calculators to understand your finances based on a chief financial officer (cfo) salary in Albuquerque.

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Rent vs Buy Calculator

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Chief Financial Officer (CFO) Salary in Albuquerque, NM — Complete Guide

Median Salary Overview

The median salary for a chief financial officer (cfo) in Albuquerque, NM is $162,050 per year, adjusted for the local cost of living index of 98. This figure reflects typical earnings for experienced professionals in this role, considering Albuquerque's unique economic conditions.

Salary Range and Experience Levels

Entry-level chief financial officer (cfo) professionals in Albuquerque can expect to earn around $99,214 annually. As professionals gain experience, salaries typically increase, with senior-level chief financial officer (cfo)s earning approximately $264,571 per year. This represents a 167% increase from entry to senior level.

Cost of Living Adjustment

Albuquerque's cost of living index of 98 significantly impacts salary comparisons. As a lower cost-of-living city, salaries in Albuquerque are adjusted accordingly. This means that while the nominal salary may appear higher or lower than the national average of $154,120, the actual purchasing power must be considered in context.

Housing and Affordability

A significant portion of a chief financial officer (cfo)'s salary in Albuquerque typically goes toward housing. With a 1-bedroom apartment averaging $1,300 per month, housing represents about 9.6% of median salary. Financial experts generally recommend keeping housing expenses below 30% of gross income.

Career Growth and Opportunities

Chief Financial Officer (CFO)s are in growing demand across the United States, with an expected job growth of 20% over the next decade. In Albuquerque, this translates to increasing opportunities and potential for salary growth as demand for experienced professionals continues to rise.

Source: BLS OEWS May 2024Metro-level wage data for this occupation and area
Data source: Salary data on this page are sourced from Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) program May 2024 estimates. Figures are approximate and intended for informational purposes only. Actual salaries may vary based on employer, experience, education, certifications, and local market conditions. This page does not constitute financial or career advice. For the most current wage data, visit bls.gov.