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Salary comparison

Purchasing Managers vs. Financial Managers: Who Earns More?

Financial Managers out-earn Purchasing Managers by $18K a year at the national median, per BLS OEWS May 2025. Purchasing Managers land at $148,080 and Financial Managers at $166,570. The education gap is real: purchasing manager programs typically require bachelor's degree, while financial manager programs require bachelor's degree. Top-paying state for Purchasing Managers is District of Columbia ($175,720); for Financial Managers it's New York ($219,880).

Purchasing Managers
Financial Managers
Median salary
$148,080
$166,570
Hourly rate
$71.19/hr
$80.08/hr
Entry level (10th %)
$92,490
$94,310
Senior level (90th %)
$223,280
$323,270
Education required
Bachelor's degree
Bachelor's degree
U.S. employment
84,320
841,710
Job growth (10-year)
3.1%
14.8%
Category
Management
Management
Top-paying state
District of Columbia
New York

Pay by state

States where both occupations have BLS data, sorted by Purchasing Managers median pay.

State
Purchasing Managers
Financial Managers
District of Columbia
$175,720
$188,880
New Jersey
$174,520
$199,110
Colorado
$171,250
$182,690
Massachusetts
$170,750
$206,760
New York
$166,300
$219,880
Virginia
$166,230
$185,220
Washington
$162,730
$174,840
California
$159,830
$180,770
Georgia
$155,360
$166,790
Illinois
$153,370
$165,880
Minnesota
$144,810
$163,410
North Carolina
$138,710
$166,780
Connecticut
$138,680
$174,830
Texas
$134,670
$164,860
Rhode Island
$134,560
$166,940

Source: BLS OEWS May 2025. Highlighted value is higher in each row.

Common questions

Who earns more, Purchasing Managers or Financial Managers?

Financial Managers earn more nationally. The median is $148,080 for Purchasing Managers versus $166,570 for Financial Managers, a difference of $18K. Per BLS OEWS May 2025.

Which has better job growth, Purchasing Managers or Financial Managers?

Financial Managers has the better 10-year outlook at 14.8% projected growth, compared to 3.1% for the other field. Both are from BLS Employment Projections.

Which requires more education, Purchasing Managers or Financial Managers?

Purchasing Managers typically requires bachelor's degree. Financial Managers requires bachelor's degree. Education requirements vary by employer and state licensing board.

Where do Purchasing Managers get paid the most?

District of Columbia is the top-paying state for Purchasing Managers at $175,720/year, per BLS OEWS May 2025. Major metro areas within that state typically pay even more than the state average.

How does Purchasing Managers vs. Financial Managers pay differ by state?

The gap varies significantly by state. In District of Columbia, Purchasing Managers earn $175,720 vs. $188,880 for Financial Managers. See the state comparison table on this page for the full picture.

Full Purchasing Managers salary breakdownView →Full Financial Managers salary breakdownView →Best cities for Purchasing Managers by take-home payExplore →Best cities for Financial Managers by take-home payExplore →How to become a purchasing managersGuide →How to become a financial managersGuide →