Chief Financial Officer (CFO) Salary in Salt Lake City, UT
How much does a chief financial officer (cfo) make in Salt Lake City? Explore median, entry-level, and senior salaries adjusted for Salt Lake City's cost of living.
Salary Breakdown by Experience Level
See how chief financial officer (cfo) salaries break down across different pay periods in Salt Lake City.
| Period | Entry Level | Median | Senior |
|---|---|---|---|
| Annual | $109,867 | $179,450 | $292,979 |
| Monthly | $9,156 | $14,954 | $24,415 |
| Biweekly | $4,226 | $6,902 | $11,268 |
| Weekly | $2,113 | $3,451 | $5,634 |
| Hourly | $53 | $86 | $141 |
Salt Lake City vs National Average
How Salt Lake City's chief financial officer (cfo) salaries compare to national figures.
Cost of Living in Salt Lake City
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
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.
Financial Tools to Explore
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Chief Financial Officer (CFO) Salary in Salt Lake City, UT — Complete Guide
Median Salary Overview
The median salary for a chief financial officer (cfo) in Salt Lake City, UT is $179,450 per year, adjusted for the local cost of living index of 122. This figure reflects typical earnings for experienced professionals in this role, considering Salt Lake City's unique economic conditions.
Salary Range and Experience Levels
Entry-level chief financial officer (cfo) professionals in Salt Lake City can expect to earn around $109,867 annually. As professionals gain experience, salaries typically increase, with senior-level chief financial officer (cfo)s earning approximately $292,979 per year. This represents a 167% increase from entry to senior level.
Cost of Living Adjustment
Salt Lake City's cost of living index of 122 significantly impacts salary comparisons. As a higher cost-of-living city, salaries in Salt Lake City 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 Salt Lake City typically goes toward housing. With a 1-bedroom apartment averaging $1,700 per month, housing represents about 11.4% 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 Salt Lake City, this translates to increasing opportunities and potential for salary growth as demand for experienced professionals continues to rise.