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salary information

Salary Information for a Financial Analyst in Cleveland, OH

Median salary:

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

25th percentile
50th percentile
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Behind the numbers

What is the adjusted total comp for a Financial Analyst in Cleveland, OH?

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

Total Comp (TC)

Cost of Living (COL) Index
COL-Adjusted TC

Median Home Price

What are the responsibilities of a Financial Analyst in Cleveland, OH?

Provide analytical, forecasting, reporting, and project support to senior management. Produce monthly reports, which include key metrics, financial results, and variance reporting

What are the characteristics of a level 2 Financial Analyst?

A level 2 Financial Analyst in Cleveland, OH has well developed professional and technical expertise. Their work impacts the quality and timeline of part of a product or servie. They typically have 3 yearas of average experience.

Financial Analyst

Benchmark Role

Individual Contributor

Job Type

Finance

Job Family

Business

Job Area

Quality of Life in Cleveland, OH with a Salary of $79,840

Cost of Living

  • Overall Comparison: Cleveland, OH, has a cost of living that is generally below the national average.
  • Groceries and Utilities: Prices for groceries and utilities tend to be quite reasonable when compared to the broader United States.
  • Transportation Costs: Costs associated with transportation, including public transit and automotive expenses, are relatively affordable.

Housing Market

  • Median Home Price: The average home price in Cleveland is significantly lower than the national average.
  • Rental Costs: Similarly, rental costs in Cleveland are quite competitive, offering affordable options for those who choose not to buy.
  • Affordability: The lower home prices mean that individuals earning $79,840 can more easily afford to purchase a home or have a comfortable living situation through renting.

Quality of Life

  • Diverse Cultural Scene: Cleveland offers a rich cultural scene with access to museums, theaters, and music venues.
  • Recreational Opportunities: Residents have access to Lake Erie and numerous parks, providing ample outdoor activities.
  • Community: The city is known for its strong community spirit and friendly neighborhoods.

Access to Healthcare

  • Healthcare Facilities: Cleveland boasts a reputation for excellent healthcare, being home to world-renowned institutions such as the Cleveland Clinic.
  • Affordability: Medical expenses are generally in line with or slightly below the national average, providing good access at competitive costs.

Quality of K-12 Schools

  • Public Schools: The quality of public schools in Cleveland varies significantly, with some high-performing schools and others that struggle.
  • Private and Charter Schools: There are many private and charter schools available, offering alternatives to the public system for families seeking different options.

Summary

Living in Cleveland, OH, with a salary of $79,840 provides a comfortable lifestyle relative to the national average. The cost of living is quite affordable, especially with regard to housing, which allows for increased financial flexibility. While public school quality can vary, the city offers access to excellent healthcare and a vibrant cultural and recreational environment. Overall, an individual or family can enjoy a high quality of life in Cleveland at this income level.

See salary information for the Financial Analyst 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 Financial Analyst. 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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