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salary information

Salary Information for a Finance Management in Phoenix, AZ

Median salary:

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 Phoenix, AZ, including base pay, total cash, and equity by job level, region and company size, please join OpenComp.

25th percentile
50th percentile
75th percentile

Behind the numbers

What is the adjusted total comp for a Finance Management in Phoenix, AZ?

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

63.9

Total Comp (TC)

Cost of Living (COL) Index
63.9
COL-Adjusted TC

Median Home Price

What are the responsibilities of a Finance Management in Phoenix, AZ?

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 Phoenix, AZ 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 Phoenix, AZ for a Salary of $116,880

Overview of Cost of Living in Phoenix

  • Cost of Living Index: Slightly above the national average, around 104/100.
  • Utility Costs: Generally higher due to summer cooling needs.
  • Transportation: Costs are typical, but public transportation options are limited.
  • Grocery Costs: On par with the national average.

Phoenix offers a slightly above-average cost of living, but manageable with a salary of $116,880.

Housing Market in Phoenix

  • Median Home Price: Approximately $450,000, higher than the national median.
  • Rentals: Average rent for a two-bedroom apartment is around $1,500-$2,000 per month.
  • Market Trends: Home prices have been increasing due to demand and population growth.

Despite a robust housing market, a $116,880 salary should typically accommodate both renting and buying plans, albeit with prudent budgeting.

Quality of Life

  • Climate: Warm, sunny weather for most of the year, appealing for outdoor activities.
  • Entertainment & Recreation: Abundant parks, hiking trails, and proximity to natural attractions.
  • Cultural Scene: Strong arts and cultural events calendar, with museums and theaters.

The lifestyle in Phoenix provides ample sunshine and recreational options that contribute to a high quality of life.

Access to Healthcare

  • Healthcare Costs: Above the national average.
  • Facilities: Well-established hospitals and specialty clinics.
  • Health Insurance: Importance of having coverage due to higher service costs.

While healthcare costs are elevated, the availability of quality facilities ensures adequate medical services for residents.

Quality of K-12 Schools

  • Public Schools: Mixed performance, with some high-performing districts.
  • Charter Schools: Numerous charter school options provide competition and choices.
  • Private Schools: Various private institutions offer alternative education opportunities.

Education quality varies across districts, but options like charter schools enhance overall access to quality education.

Summary

Living in Phoenix, AZ, with a salary of $116,880 allows for a comfortable lifestyle considering its moderate cost of living and rising housing market. While home prices are above the national average, a well-managed budget supports both buying and renting needs. The warm climate and outdoor recreation enhance the quality of life, though individuals should be prepared for higher healthcare costs. Families

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 Phoenix, AZ, 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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