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Purchasing Manager Salary in Providence, RI

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

Median Salary
$129,990
per year in Providence
Entry Level
$77,711
Starting salary
Senior Level
$180,856
Experienced professionals
Cost of Living
124
24% above national avg

Salary Breakdown by Experience Level

See how purchasing manager salaries break down across different pay periods in Providence.

PeriodEntry LevelMedianSenior
Annual$77,711$129,990$180,856
Monthly$6,476$10,833$15,071
Biweekly$2,989$5,000$6,956
Weekly$1,494$2,500$3,478
Hourly$37$62$87

Providence vs National Average

How Providence's purchasing manager salaries compare to national figures.

Providence Salary
$129,990
COL Index: 124
National Average
$116,620
COL Index: 100
Difference
+$13,370
Higher in Providence

Cost of Living in Providence

1-Bedroom Rent
$1,750
per month
Median Income
$54,234
per year
Population
177,994
residents
Rent % of Income
38.7%
median household
Cost of Living Index: 124 — A score of 100 represents the U.S. average. Salaries in Providence have been adjusted to account for local cost differences.

About Purchasing Manager

Overview

Manage procurement and negotiate contracts for goods and services.

Education

Bachelor's degree in Business or related field

Key Skills

Procurement ManagementNegotiationVendor ManagementCost Analysis

Growth Rate

Expected job growth: +16% over the next decade

Compare Cities: Purchasing Manager Salary

See Purchasing Manager salaries in other top cities.

New York, NY
$173,080
+33%
Los Angeles, CA
$142,120
+9%
Chicago, IL
$140,730
+8%
Houston, TX
$133,670
+3%
Phoenix, AZ
$138,270
+6%

Financial Tools to Explore

Use these Pulsafi calculators to understand your finances based on a purchasing manager salary in Providence.

Salary Breakdown Calculator

See exactly how your salary breaks down into taxes and take-home pay.

Cost of Living Calculator

Understand your expenses and purchasing power in Providence.

Budget Calculator

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Rent vs Buy Calculator

Compare the true costs of renting versus buying in Providence.

Purchasing Manager Salary in Providence, RI — Complete Guide

Median Salary Overview

The median salary for a purchasing manager in Providence, RI is $129,990 per year, adjusted for the local cost of living index of 124. This figure reflects typical earnings for experienced professionals in this role, considering Providence's unique economic conditions.

Salary Range and Experience Levels

Entry-level purchasing manager professionals in Providence can expect to earn around $77,711 annually. As professionals gain experience, salaries typically increase, with senior-level purchasing managers earning approximately $180,856 per year. This represents a 133% increase from entry to senior level.

Cost of Living Adjustment

Providence's cost of living index of 124 significantly impacts salary comparisons. As a higher cost-of-living city, salaries in Providence are adjusted accordingly. This means that while the nominal salary may appear higher or lower than the national average of $116,620, the actual purchasing power must be considered in context.

Housing and Affordability

A significant portion of a purchasing manager's salary in Providence typically goes toward housing. With a 1-bedroom apartment averaging $1,750 per month, housing represents about 16.2% of median salary. Financial experts generally recommend keeping housing expenses below 30% of gross income.

Career Growth and Opportunities

Purchasing Managers are in growing demand across the United States, with an expected job growth of 16% over the next decade. In Providence, 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.