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Chief Financial Officer (CFO) Salary in El Paso, TX

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

Median Salary
$187,700
per year in El Paso
Entry Level
$114,918
Starting salary
Senior Level
$306,448
Experienced professionals
Cost of Living
88
12% below national avg

Salary Breakdown by Experience Level

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

PeriodEntry LevelMedianSenior
Annual$114,918$187,700$306,448
Monthly$9,577$15,642$25,537
Biweekly$4,420$7,219$11,786
Weekly$2,210$3,610$5,893
Hourly$55$90$147

El Paso vs National Average

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

El Paso Salary
$187,700
COL Index: 88
National Average
$154,120
COL Index: 100
Difference
+$33,580
Higher in El Paso

Cost of Living in El Paso

1-Bedroom Rent
$1,050
per month
Median Income
$48,365
per year
Population
678,815
residents
Rent % of Income
26.1%
median household
Cost of Living Index: 88 — A score of 100 represents the U.S. average. Salaries in El Paso 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
+92%
Los Angeles, CA
$231,500
+23%
Chicago, IL
$181,245
-3%
Houston, TX
$144,950
-23%
Phoenix, AZ
$164,980
-12%

Financial Tools to Explore

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

Salary Breakdown Calculator

See exactly how your salary breaks down into taxes and take-home pay.

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 El Paso, TX — Complete Guide

Median Salary Overview

The median salary for a chief financial officer (cfo) in El Paso, TX is $187,700 per year, adjusted for the local cost of living index of 88. This figure reflects typical earnings for experienced professionals in this role, considering El Paso's unique economic conditions.

Salary Range and Experience Levels

Entry-level chief financial officer (cfo) professionals in El Paso can expect to earn around $114,918 annually. As professionals gain experience, salaries typically increase, with senior-level chief financial officer (cfo)s earning approximately $306,448 per year. This represents a 167% increase from entry to senior level.

Cost of Living Adjustment

El Paso's cost of living index of 88 significantly impacts salary comparisons. As a lower cost-of-living city, salaries in El Paso 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 El Paso typically goes toward housing. With a 1-bedroom apartment averaging $1,050 per month, housing represents about 6.7% 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 El Paso, 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.