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Financial Analyst Salary in Boise, ID

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

Median Salary
$92,260
per year in Boise
Entry Level
$55,155
Starting salary
Senior Level
$128,362
Experienced professionals
Cost of Living
111
11% above national avg

Salary Breakdown by Experience Level

See how financial analyst salaries break down across different pay periods in Boise.

PeriodEntry LevelMedianSenior
Annual$55,155$92,260$128,362
Monthly$4,596$7,688$10,697
Biweekly$2,121$3,548$4,937
Weekly$1,061$1,774$2,469
Hourly$27$44$62

Boise vs National Average

How Boise's financial analyst salaries compare to national figures.

Boise Salary
$92,260
COL Index: 111
National Average
$83,200
COL Index: 100
Difference
+$9,060
Higher in Boise

Cost of Living in Boise

1-Bedroom Rent
$1,600
per month
Median Income
$60,234
per year
Population
235,684
residents
Rent % of Income
31.9%
median household
Cost of Living Index: 111 — A score of 100 represents the U.S. average. Salaries in Boise have been adjusted to account for local cost differences.

About Financial Analyst

Overview

Analyze financial data and provide recommendations for investments and business decisions.

Education

Bachelor's degree in Finance, Economics, or related field

Key Skills

Financial AnalysisExcelInvestment ResearchData Analysis

Growth Rate

Expected job growth: +19% over the next decade

Compare Cities: Financial Analyst Salary

See Financial Analyst salaries in other top cities.

New York, NY
$128,490
+39%
Los Angeles, CA
$102,660
+11%
Chicago, IL
$102,790
+11%
Houston, TX
$98,310
+7%
Phoenix, AZ
$91,140
-1%

Financial Tools to Explore

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Financial Analyst Salary in Boise, ID — Complete Guide

Median Salary Overview

The median salary for a financial analyst in Boise, ID is $92,260 per year, adjusted for the local cost of living index of 111. This figure reflects typical earnings for experienced professionals in this role, considering Boise's unique economic conditions.

Salary Range and Experience Levels

Entry-level financial analyst professionals in Boise can expect to earn around $55,155 annually. As professionals gain experience, salaries typically increase, with senior-level financial analysts earning approximately $128,362 per year. This represents a 133% increase from entry to senior level.

Cost of Living Adjustment

Boise's cost of living index of 111 significantly impacts salary comparisons. As a higher cost-of-living city, salaries in Boise are adjusted accordingly. This means that while the nominal salary may appear higher or lower than the national average of $83,200, the actual purchasing power must be considered in context.

Housing and Affordability

A significant portion of a financial analyst's salary in Boise typically goes toward housing. With a 1-bedroom apartment averaging $1,600 per month, housing represents about 20.8% of median salary. Financial experts generally recommend keeping housing expenses below 30% of gross income.

Career Growth and Opportunities

Financial Analysts are in growing demand across the United States, with an expected job growth of 19% over the next decade. In Boise, 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.