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Salary Information for a Finance Management in Cleveland, OH

Median salary: $116,880

This data reflects Total Cash for a Level 2 Finance Management at a mid-size company. To get more detailed information on total compensation for the role of Finance Management in Cleveland, OH, including base pay, total cash, and equity by job level, region and company size, please join OpenComp.

$103,600
25th percentile
$116,880
50th percentile
$126,960
75th percentile

Behind the numbers

What is the adjusted total comp for a Finance Management in Cleveland, OH?

Total Comp (TC)
Cost of Living (COL) Index
COL-Adjusted TC
Median Home Price

$116,880

$176,024

$100,734

Total Comp (TC)

$116,880

Cost of Living (COL) Index
COL-Adjusted TC

Median Home Price

What are the responsibilities of a Finance Management in Cleveland, OH?

Manages Finance staff, from hiring to development of team members to drive success of the team/department/function.

What are the characteristics of a level 2 Finance Management?

A level 2 Finance Management in Cleveland, OH resolves most issues and problems effectively while working with senior management on a few key goals.

Finance Management

Benchmark Role

Management

Job Type

Finance

Job Family

Business

Job Area

Quality of Life in Cleveland, OH on a $116,880 Salary

Cost of Living

  • General Cost: Cleveland has a cost of living index slightly below the national average, making it generally more affordable than many American cities.
  • Groceries and Utilities: Residents can expect to pay less than the national average for groceries and utilities.
  • Transportation: Costs are moderate, with public transport options available, though many residents prefer owning a car.

Housing Market

  • Home Prices: The median home price in Cleveland is significantly lower than the national median, offering more affordable options for buying a home.
  • Rental Costs: Renting is also more affordable, with prices for apartments and houses below the national average.
  • Market Conditions: The real estate market is more stable, with slower appreciation rates compared to hotter markets.

Quality of Life

  • Lifestyle: With a salary of $116,880, individuals can enjoy a comfortable lifestyle, with discretionary income for entertainment and dining.
  • Community and Culture: Cleveland boasts a rich cultural scene with museums, theaters, and a variety of eateries that enhance the quality of life.
  • Leisure: Access to parks and Lake Erie offers recreation opportunities, contributing to an engaging living environment.

Access to Healthcare

  • Healthcare Facilities: Cleveland hosts world-renowned medical centers like the Cleveland Clinic, ensuring access to high-quality healthcare.
  • Healthcare Costs: While healthcare costs can be significant, access to top-tier facilities provides peace of mind for potential health issues.

Quality of K-12 Schools

  • Public Schools: The quality of public education varies, with some schools offering high academic standards, while others may be more challenged.
  • Private and Charter Schools: There are several reputable private and charter schools available, providing alternatives to public education with strong academic programs.

Summary

In Cleveland, OH, a salary of $116,880 provides a comfortable quality of life. The city's lower-than-average cost of living, affordable housing options, and robust cultural scene contribute to a high standard of living. Access to premier healthcare and diverse educational choices further enhances the quality of life, positioning Cleveland as an attractive place to reside on such an income level.

See salary information for the Finance Management role elsewhere in the United States

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OpenComp aggregates multiple data sources to provide accurate salary data for Cleveland, OH, specifically for a Level 2 Finance Management. The primary source is real-time, crowd-sourced salary information collected through direct integrations with hundreds of customer-connected HRIS platforms.

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