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Chief Financial Officer (CFO) Salary in Cincinnati, OH

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

Median Salary
$212,290
per year in Cincinnati
Entry Level
$129,973
Starting salary
Senior Level
$346,595
Experienced professionals
Cost of Living
100
0% below national avg

Salary Breakdown by Experience Level

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

PeriodEntry LevelMedianSenior
Annual$129,973$212,290$346,595
Monthly$10,831$17,691$28,883
Biweekly$4,999$8,165$13,331
Weekly$2,499$4,083$6,665
Hourly$62$102$167

Cincinnati vs National Average

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

Cincinnati Salary
$212,290
COL Index: 100
National Average
$154,120
COL Index: 100
Difference
+$58,170
Higher in Cincinnati

Cost of Living in Cincinnati

1-Bedroom Rent
$1,350
per month
Median Income
$55,234
per year
Population
305,902
residents
Rent % of Income
29.3%
median household
Cost of Living Index: 100 — A score of 100 represents the U.S. average. Salaries in Cincinnati 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
+70%
Los Angeles, CA
$231,500
+9%
Chicago, IL
$181,245
-15%
Houston, TX
$144,950
-32%
Phoenix, AZ
$164,980
-22%

Financial Tools to Explore

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

Salary Breakdown Calculator

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Cost of Living Calculator

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Budget Calculator

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Rent vs Buy Calculator

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Chief Financial Officer (CFO) Salary in Cincinnati, OH — Complete Guide

Median Salary Overview

The median salary for a chief financial officer (cfo) in Cincinnati, OH is $212,290 per year, adjusted for the local cost of living index of 100. This figure reflects typical earnings for experienced professionals in this role, considering Cincinnati's unique economic conditions.

Salary Range and Experience Levels

Entry-level chief financial officer (cfo) professionals in Cincinnati can expect to earn around $129,973 annually. As professionals gain experience, salaries typically increase, with senior-level chief financial officer (cfo)s earning approximately $346,595 per year. This represents a 167% increase from entry to senior level.

Cost of Living Adjustment

Cincinnati's cost of living index of 100 significantly impacts salary comparisons. As a lower cost-of-living city, salaries in Cincinnati 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 Cincinnati typically goes toward housing. With a 1-bedroom apartment averaging $1,350 per month, housing represents about 7.6% 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 Cincinnati, 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.