Salary Information for a Operations Management in Boston, MA
Median salary:
This data reflects Total Cash for a Level 5 Operations Management at a mid-size company. To get more detailed information on total compensation for the role of Operations Management in Boston, MA, including base pay, total cash, and equity by job level, region and company size, please join OpenComp.
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Behind the numbers
What is the adjusted total comp for a Operations Management in Boston, MA?
Total Comp (TC)
Cost of Living (COL) Index
COL-Adjusted TC
Median Home Price
83.4
Total Comp (TC)
Cost of Living (COL) Index
83.4
COL-Adjusted TC
Median Home Price
What are the responsibilities of an Operations Management in Boston, MA?
Directs operations review of cost and service structures, productivity measures and delivery methods to achieve planned targets. Selects, develops and retains team members to drive success of the team/department/function.
What are the characteristics of a level 5 Operations Management?
A level 5 Operations Management in Boston, MA works directly with leadership team (and sometimes executive staff in smaller organizations) to establish strategic plans and objectives.
Operations Management
Benchmark Role
Management
Job Type
Operations
Job Family
Business
Job Area
Quality of Life in Boston, MA: A Financial Perspective
Income and Affordability
Annual Income: $206,010 per year
This income is significantly higher than the U.S. median household income, which hovers around $70,000, providing a comfortable financial margin.
Relative Affordability: While this income is substantial, Boston is known for its relatively high cost of living, which may impact savings and disposable income.
Cost of Living
Overall Cost Index: Boston’s cost of living index is approximately 48% higher than the national average.
Housing: Significantly more expensive in Boston, contributing heavily to the overall index.
Utilities: Typically aligned with the national average.
Groceries and Transportation: Prices tend to be higher than the U.S. average but are manageable with this level of income.
Entertainment and Dining: High, but the income allows for frequent indulgence in Boston’s vibrant dining and cultural scenes.
Housing Market
Median Home Price: Around $700,000, considerably above the national median.
With an annual income of $206,010, purchasing a home is feasible, but not without potential constraints on budget allocation.
Renting can equally be a significant expense, with median monthly rents in the range of $2,500-$3,500.
Quality of Life
Lifestyle: High income allows for a comfortable lifestyle, inclusive of leisure activities, dining, and cultural experiences.
Public Services: Well-funded public services and infrastructure.
Access to public transportation is robust, enhancing connectivity within the city.
Access to Healthcare
Healthcare Quality: Boston is renowned for its healthcare institutions like Massachusetts General Hospital and Boston Children's Hospital.
With a high income level, accessing premium healthcare services and specialists is straightforward.
Healthcare Costs: Higher than the national average, but insurance coverage and income mitigate financial pressures.
Quality of K-12 Schools
Public Schools: Boston offers a range of quality public schools, but options may vary considerably by neighborhood.
Many top-tier public schools as well as prestigious private school options.
Educational Opportunities: Abundant due to proximity to significant academic institutions, fostering robust educational outreach and extracurricular opportunities.
Assessment Summary
Living in Boston with an annual salary of $206,
See salary information for the Operations Management role elsewhere in the United States
OpenComp aggregates multiple data sources to provide accurate salary data for Boston, MA, specifically for a Level 5 Operations 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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