PricingCustomersResources
Try for FreeRequest a Demo
Open MenuClose Menu icon

salary information

Salary Information for a Product Management in Boston, MA

Median salary:

This data reflects Total Cash for a Level 5 Product Management at a mid-size company. To get more detailed information on total compensation for the role of Product Management in Boston, MA, 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 Product 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 a Product Management in Boston, MA?

Leads teams to set the strategy, roadmap, and feature definition for a product or product line using deep product expertise make strategic product decisions. Selects, develops and retains team members to drive success of the team/department/function.

What are the characteristics of a level 5 Product Management?

A level 5 Product Management in Boston, MA works directly with leadership team (and sometimes executive staff in smaller organizations) to establish strategic plans and objectives.

Product Management

Benchmark Role

Management

Job Type

Product Management

Job Family

Technology

Job Area

Quality of Life in Boston, MA on a $233,370 Salary

Cost of Living

  • Higher Cost Relative to National Average: Boston consistently ranks as one of the most expensive cities in the U.S.
  • Expenses Breakdown:
    • Groceries: Prices are approximately 15-20% above the national average.
    • Transportation: Public transit costs are moderate, but owning a car can be expensive due to parking and insurance costs.
    • Utilities: Slightly above the national average; New England winters can increase heating costs.

Housing Market

  • High Median Home Prices: As of recent data, the median home price in Boston is significantly above the national median, reflecting a competitive real estate market.
  • Rental Market: Average rental prices for a two-bedroom apartment are notably higher than the national average.
  • Buying Power: With a $233,370 salary, individuals can comfortably afford housing in many desirable areas of Boston, yet top-tier neighborhoods may still require prudent budgeting.

Quality of Life

  • Cultural and Recreational Opportunities: Boston offers rich cultural history, diverse culinary scenes, and numerous entertainment options, enhancing social life and overall well-being.
  • Work-Life Balance: High salaries can offer the opportunity for spacious living and access to leisure activities, although long commutes might affect free time.
  • Safety and Environment: Generally known for being safe, with ample green spaces like Boston Common and the Charles River Esplanade.

Access to Healthcare

  • High-Quality Healthcare Facilities: Home to world-renowned hospitals and medical schools, providing excellent healthcare services.
  • Healthcare Costs: Higher than the national average, but the quality of care is often regarded as top-notch.

Quality of K-12 Schools

  • Public Schools: Boston's public schools vary, with many high-performing options, especially in specific suburbs known for educational excellence.
  • Private and Charter Schools: Numerous prestigious private and charter schools offer alternative educational opportunities.
  • Supportive Educational System: Strong emphasis on education with numerous programs and resources available for students.

Overall Assessment

Living in Boston with a salary of $233,370 offers a comfortable lifestyle with access to high-quality amenities and services. While the city has a higher cost of living compared to the national average, the income allows for a good balance between enjoying the city's offerings and managing financial responsibilities. Access to exceptional healthcare and strong educational systems

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

Try OpenComp today

Sign-up to search for more detailed compensation information that includes base pay, total cash, and equity by role, city, and job level

What is OpenComp? OpenComp provides innovative solutions for compensation management. Organizations use OpenComp to:

OpenComp aggregates multiple data sources to provide accurate salary data for Boston, MA, specifically for a Level 5 Product Management. The primary source is real-time, crowd-sourced salary information collected through direct integrations with hundreds of customer-connected HRIS platforms.

You are in safe hands with us.

Feel confident that your comp data is safe and secure with OpenComp's access controls, data encryption, security certifications and system audits.