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Project Manager Salary in Cranston, RI

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

Median Salary
$147,240
per year in Cranston
Entry Level
$86,612
Starting salary
Senior Level
$202,094
Experienced professionals
Cost of Living
106
6% above national avg

Salary Breakdown by Experience Level

See how project manager salaries break down across different pay periods in Cranston.

PeriodEntry LevelMedianSenior
Annual$86,612$147,240$202,094
Monthly$7,218$12,270$16,841
Biweekly$3,331$5,663$7,773
Weekly$1,666$2,832$3,886
Hourly$42$71$97

Cranston vs National Average

How Cranston's project manager salaries compare to national figures.

Cranston Salary
$147,240
COL Index: 106
National Average
$107,620
COL Index: 100
Difference
+$39,620
Higher in Cranston

Cost of Living in Cranston

1-Bedroom Rent
$1,300
per month
Median Income
$58,120
per year
Population
82,934
residents
Rent % of Income
26.8%
median household
Cost of Living Index: 106 — A score of 100 represents the U.S. average. Salaries in Cranston have been adjusted to account for local cost differences.

About Project Manager

Overview

Plan, execute, and oversee projects to meet objectives and deadlines.

Education

Bachelor's degree; Project Management Professional (PMP) certification preferred

Key Skills

Project PlanningBudgetingTeam LeadershipRisk Management

Growth Rate

Expected job growth: +19% over the next decade

Compare Cities: Project Manager Salary

See Project Manager salaries in other top cities.

New York, NY
$168,680
+15%
Los Angeles, CA
$165,340
+12%
Chicago, IL
$137,040
-7%
Houston, TX
$134,420
-9%
Phoenix, AZ
$134,000
-9%

Financial Tools to Explore

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Project Manager Salary in Cranston, RI — Complete Guide

Median Salary Overview

The median salary for a project manager in Cranston, RI is $147,240 per year, adjusted for the local cost of living index of 106. This figure reflects typical earnings for experienced professionals in this role, considering Cranston's unique economic conditions.

Salary Range and Experience Levels

Entry-level project manager professionals in Cranston can expect to earn around $86,612 annually. As professionals gain experience, salaries typically increase, with senior-level project managers earning approximately $202,094 per year. This represents a 133% increase from entry to senior level.

Cost of Living Adjustment

Cranston's cost of living index of 106 significantly impacts salary comparisons. As a higher cost-of-living city, salaries in Cranston are adjusted accordingly. This means that while the nominal salary may appear higher or lower than the national average of $107,620, the actual purchasing power must be considered in context.

Housing and Affordability

A significant portion of a project manager's salary in Cranston typically goes toward housing. With a 1-bedroom apartment averaging $1,300 per month, housing represents about 10.6% of median salary. Financial experts generally recommend keeping housing expenses below 30% of gross income.

Career Growth and Opportunities

Project Managers are in growing demand across the United States, with an expected job growth of 19% over the next decade. In Cranston, 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.