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Compliance Specialist Salary in Buffalo, NY

How much does a compliance specialist make in Buffalo? Explore median, entry-level, and senior salaries adjusted for Buffalo's cost of living.

Median Salary
$82,410
per year in Buffalo
Entry Level
$49,217
Starting salary
Senior Level
$114,458
Experienced professionals
Cost of Living
102
2% above national avg

Salary Breakdown by Experience Level

See how compliance specialist salaries break down across different pay periods in Buffalo.

PeriodEntry LevelMedianSenior
Annual$49,217$82,410$114,458
Monthly$4,101$6,868$9,538
Biweekly$1,893$3,170$4,402
Weekly$946$1,585$2,201
Hourly$24$40$55

Buffalo vs National Average

How Buffalo's compliance specialist salaries compare to national figures.

Buffalo Salary
$82,410
COL Index: 102
National Average
$68,300
COL Index: 100
Difference
+$14,110
Higher in Buffalo

Cost of Living in Buffalo

1-Bedroom Rent
$1,400
per month
Median Income
$48,234
per year
Population
252,399
residents
Rent % of Income
34.8%
median household
Cost of Living Index: 102 — A score of 100 represents the U.S. average. Salaries in Buffalo have been adjusted to account for local cost differences.

About Compliance Specialist

Overview

Ensure organizations comply with legal and regulatory requirements.

Education

Bachelor's degree in Law, Business, or related field

Key Skills

Regulatory KnowledgeDocumentationAuditLegal Compliance

Growth Rate

Expected job growth: +16% over the next decade

Compare Cities: Compliance Specialist Salary

See Compliance Specialist salaries in other top cities.

New York, NY
$93,320
+13%
Los Angeles, CA
$90,370
+10%
Chicago, IL
$80,970
-2%
Houston, TX
$75,630
-8%
Phoenix, AZ
$72,980
-11%

Financial Tools to Explore

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Compliance Specialist Salary in Buffalo, NY — Complete Guide

Median Salary Overview

The median salary for a compliance specialist in Buffalo, NY is $82,410 per year, adjusted for the local cost of living index of 102. This figure reflects typical earnings for experienced professionals in this role, considering Buffalo's unique economic conditions.

Salary Range and Experience Levels

Entry-level compliance specialist professionals in Buffalo can expect to earn around $49,217 annually. As professionals gain experience, salaries typically increase, with senior-level compliance specialists earning approximately $114,458 per year. This represents a 133% increase from entry to senior level.

Cost of Living Adjustment

Buffalo's cost of living index of 102 significantly impacts salary comparisons. As a higher cost-of-living city, salaries in Buffalo are adjusted accordingly. This means that while the nominal salary may appear higher or lower than the national average of $68,300, the actual purchasing power must be considered in context.

Housing and Affordability

A significant portion of a compliance specialist's salary in Buffalo typically goes toward housing. With a 1-bedroom apartment averaging $1,400 per month, housing represents about 20.4% of median salary. Financial experts generally recommend keeping housing expenses below 30% of gross income.

Career Growth and Opportunities

Compliance Specialists are in growing demand across the United States, with an expected job growth of 16% over the next decade. In Buffalo, 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.