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Chief Financial Officer (CFO) Salary in Raleigh, NC

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

Median Salary
$153,257
per year in Raleigh
Entry Level
$93,831
Starting salary
Senior Level
$250,215
Experienced professionals
Cost of Living
113
13% above national avg

Salary Breakdown by Experience Level

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

PeriodEntry LevelMedianSenior
Annual$93,831$153,257$250,215
Monthly$7,819$12,771$20,851
Biweekly$3,609$5,895$9,624
Weekly$1,804$2,947$4,812
Hourly$45$74$120

Raleigh vs National Average

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

Raleigh Salary
$153,257
COL Index: 113
National Average
$154,120
COL Index: 100
Difference
-$863
Lower in Raleigh

Cost of Living in Raleigh

1-Bedroom Rent
$1,700
per month
Median Income
$63,456
per year
Population
467,665
residents
Rent % of Income
32.1%
median household
Cost of Living Index: 113 — A score of 100 represents the U.S. average. Salaries in Raleigh 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
+135%
Los Angeles, CA
$231,500
+51%
Chicago, IL
$181,245
+18%
Houston, TX
$144,950
-5%
Phoenix, AZ
$164,980
+8%

Financial Tools to Explore

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

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Cost of Living Calculator

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Rent vs Buy Calculator

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Chief Financial Officer (CFO) Salary in Raleigh, NC — Complete Guide

Median Salary Overview

The median salary for a chief financial officer (cfo) in Raleigh, NC is $153,257 per year, adjusted for the local cost of living index of 113. This figure reflects typical earnings for experienced professionals in this role, considering Raleigh's unique economic conditions.

Salary Range and Experience Levels

Entry-level chief financial officer (cfo) professionals in Raleigh can expect to earn around $93,831 annually. As professionals gain experience, salaries typically increase, with senior-level chief financial officer (cfo)s earning approximately $250,215 per year. This represents a 167% increase from entry to senior level.

Cost of Living Adjustment

Raleigh's cost of living index of 113 significantly impacts salary comparisons. As a higher cost-of-living city, salaries in Raleigh 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 Raleigh typically goes toward housing. With a 1-bedroom apartment averaging $1,700 per month, housing represents about 13.3% 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 Raleigh, this translates to increasing opportunities and potential for salary growth as demand for experienced professionals continues to rise.

Data source: Salary estimates on this page are based on Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) program, adjusted for regional cost of living differences. 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.