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Chief Financial Officer (CFO) Salary in Ontario, CA

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

Median Salary
$197,190
per year in Ontario
Entry Level
$120,728
Starting salary
Senior Level
$321,942
Experienced professionals
Cost of Living
137
37% above national avg

Salary Breakdown by Experience Level

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

PeriodEntry LevelMedianSenior
Annual$120,728$197,190$321,942
Monthly$10,061$16,433$26,829
Biweekly$4,643$7,584$12,382
Weekly$2,322$3,792$6,191
Hourly$58$95$155

Ontario vs National Average

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

Ontario Salary
$197,190
COL Index: 137
National Average
$154,120
COL Index: 100
Difference
+$43,070
Higher in Ontario

Cost of Living in Ontario

1-Bedroom Rent
$1,950
per month
Median Income
$57,234
per year
Population
171,446
residents
Rent % of Income
40.9%
median household
Cost of Living Index: 137 — A score of 100 represents the U.S. average. Salaries in Ontario 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
+83%
Los Angeles, CA
$231,500
+17%
Chicago, IL
$181,245
-8%
Houston, TX
$144,950
-26%
Phoenix, AZ
$164,980
-16%

Financial Tools to Explore

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

Salary Breakdown Calculator

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

Cost of Living Calculator

Understand your expenses and purchasing power in Ontario.

Budget Calculator

Create a personalized budget based on your income and expenses.

Rent vs Buy Calculator

Compare the true costs of renting versus buying in Ontario.

Chief Financial Officer (CFO) Salary in Ontario, CA — Complete Guide

Median Salary Overview

The median salary for a chief financial officer (cfo) in Ontario, CA is $197,190 per year, adjusted for the local cost of living index of 137. This figure reflects typical earnings for experienced professionals in this role, considering Ontario's unique economic conditions.

Salary Range and Experience Levels

Entry-level chief financial officer (cfo) professionals in Ontario can expect to earn around $120,728 annually. As professionals gain experience, salaries typically increase, with senior-level chief financial officer (cfo)s earning approximately $321,942 per year. This represents a 167% increase from entry to senior level.

Cost of Living Adjustment

Ontario's cost of living index of 137 significantly impacts salary comparisons. As a higher cost-of-living city, salaries in Ontario 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 Ontario typically goes toward housing. With a 1-bedroom apartment averaging $1,950 per month, housing represents about 11.9% 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 Ontario, 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.