Financial Managers Salary
Financial Managers in Rapid City, SD make a median of $160,280 a year, or about $77.06 an hour. The range runs from $117K at the entry level to $227K for experienced workers. Cost of living is below average (RPP 89.16), which stretches that salary to about $179,767 in buying power. Rent on a 2-bedroom averages $1,336/month, or 12.9% of estimated take-home pay.
So what does $160K get you in Rapid City?
Groceries, utilities, transportation, and healthcare scaled from national averages by Rapid City’s Regional Price Parity (89.16). Rent from HUD Fair Market Rents. Taxes estimated for single filer, standard deduction. * Healthcare is the employee-paid share only (premiums + out-of-pocket). Actual costs vary by coverage type: employer-sponsored, ACA marketplace, or uninsured.
About financial managers
Sponsored links, AffordMap may earn a commission at no cost to you. Learn more
What this looks like in Rapid City
Financial managers pay in Rapid City tracks closely to the national median, $160K locally vs. $167K nationwide, a 4% difference. Housing is manageable: a 2-bedroom at the HUD median costs $1,336/month, 13.3% of take-home, well inside the 30% guideline. Regional Price Parity sits at 89.16 (national = 100), meaning everyday costs run about 11% cheaper here. Your dollar stretches further than the headline salary suggests. Use the affordability calculator above to model your specific situation.
Compared to nearby metros
Median pay for financial managers in metros near Rapid City, adjusted for local cost of living.
| Metro | Median pay | COL-adjusted |
|---|---|---|
| Sioux Falls | $164K | $180K |
| Minneapolis-St. Paul-Bloomington | $166K | $158K |
| Des Moines-West Des Moines | $154K | $168K |
| Omaha | $140K | $153K |
COL-adjusted = median salary ÷ (BEA Regional Price Parity ÷ 100). Expresses purchasing power in national-average dollars.
Compensation breakdown
Annual earnings by percentile, Rapid City, SD
Entry-level financial managers (10th percentile) start around $117K. Mid-career wages sit at $160K. Top earners bring in $227K or more, a $110K spread from bottom to top.
Financial Managers pay across states
Median income ranked highest to lowest, compared to the national figure
View Financial Managers salary in all states
| State | Median salary | vs. national | Employment |
|---|---|---|---|
| New York | $220K | +32% | 80,810 |
| Massachusetts | $207K | +24% | 26,150 |
| New Jersey | $199K | +20% | 32,510 |
| District of Columbia | $189K | +13% | 8,930 |
| Virginia | $185K | +11% | 20,850 |
| Colorado | $183K | +10% | 10,640 |
| Delaware | $182K | +9% | 2,810 |
| California | $181K | +9% | 93,310 |
| Washington | $175K | +5% | 12,930 |
| Connecticut | $175K | +5% | 20,040 |
| Rhode Island | $167K | +0% | 2,570 |
| Georgia | $167K | +0% | 21,390 |
| North Carolina | $167K | +0% | 22,460 |
| Illinois | $166K | -0% | 52,720 |
| Texas | $165K | -1% | 71,870 |
| Minnesota | $163K | -2% | 16,680 |
| South Dakota | $160K | -4% | 1,000 |
| Kansas | $159K | -4% | 5,190 |
| Maryland | $159K | -5% | 19,770 |
| Oregon | $156K | -6% | 7,610 |
| Florida | $153K | -8% | 48,910 |
| Utah | $150K | -10% | 8,860 |
| Pennsylvania | $146K | -13% | 32,180 |
| New Hampshire | $145K | -13% | 4,330 |
| Missouri | $143K | -14% | 13,330 |
| Tennessee | $141K | -15% | 17,630 |
| Ohio | $141K | -15% | 27,360 |
| Alabama | $141K | -16% | 7,200 |
| Nebraska | $140K | -16% | 5,630 |
| Arizona | $140K | -16% | 14,900 |
| Wisconsin | $140K | -16% | 15,530 |
| Michigan | $139K | -16% | 22,490 |
| South Carolina | $136K | -18% | 9,020 |
| North Dakota | $136K | -18% | 2,140 |
| Indiana | $136K | -18% | 12,560 |
| Hawaii | $134K | -19% | 3,790 |
| New Mexico | $134K | -20% | 2,530 |
| Maine | $134K | -20% | 3,120 |
| Iowa | $133K | -20% | 9,130 |
| Nevada | $132K | -20% | 8,090 |
| Oklahoma | $132K | -20% | 6,670 |
| Montana | $131K | -21% | 1,510 |
| Kentucky | $131K | -22% | 6,630 |
| Vermont | $129K | -23% | 1,790 |
| Idaho | $127K | -24% | 3,120 |
| Alaska | $127K | -24% | 2,020 |
| Louisiana | $127K | -24% | 7,070 |
| Wyoming | $125K | -25% | 730 |
| Arkansas | $117K | -30% | 7,120 |
| West Virginia | $113K | -32% | 2,610 |
| Mississippi | $111K | -33% | 3,470 |
Showing 1–10 of 51 (all 50 states + DC)
Track financial managers salary changes
BLS updates this data quarterly. We'll email you when Rapid City numbers change.
Related careers in Management
Frequently asked questions
Can a financial manager afford a 2BR apartment alone in Rapid City?
Yes — at the median salary of $160K, rent takes 13.3% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $1,336/month. That stays under the 30% guideline most financial planners use.
What’s the entry-level salary for financial managers in Rapid City?
The 10th-percentile wage — what new financial managers typically earn — is $117K/year. Take-home on that works out to about $7,010/month. At HUD’s $1,336/month FMR, rent would take 19% of that take-home — manageable on an entry-level income.
Is financial manager a high-paying job in Rapid City?
Pay here is roughly in line with the national average — $160K locally vs. $167K nationally, a 4% difference.
How does Rapid City compare to the national average for financial managers?
Rapid City pays $160K median vs. the U.S. average of $167K — that’s -4%. After adjusting for local cost of living (RPP 89.16), the purchasing-power equivalent is $180K — still ahead of the national median.
How much do financial managers make in Rapid City, SD?
The median is $160,280 a year, that works out to about $77 an hour. But the range is wide: entry-level workers start around $116,840, and experienced financial managers can clear $226,910. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $160K enough to live in Rapid City?
On that salary, you'd take home roughly $10,025/month after taxes. A 2-bedroom here rents for about $1,336/month, which eats 13.3% of your paycheck. That's under the 30% guideline most financial planners use, so the numbers work.
How far does a financial managers salary go in Rapid City?
Rapid City has a Regional Price Parity of 89.16 (100 is the national average). That's below average, your money stretches further here than the raw salary number suggests. After cost-of-living adjustment, the median financial managers salary is worth about $179,767 in national-average purchasing power.
Where do financial managers get paid the most?
The table above ranks every state by median pay for this role. Keep in mind that the highest-paying states tend to have the highest costs of living, so the top salary doesn't always mean the most money in your pocket.