PM Compensation in Boston: What to Expect
Boston is a competitive market for Product Managers in the United States. With a salary multiplier of 1.15x compared to the national average, PMs in Boston can expect 15% higher compensation for equivalent roles.
The Boston tech market is characterized by a diverse mix of major tech companies, innovative startups, and established enterprises. Total compensation for Product Managers ranges from $158K for entry-level APMs to $3.8M+ for VPs at top tech companies.
Boston PM Salary by Level
| Level | Base Salary | Equity | Bonus | Total Comp |
|---|---|---|---|---|
| APM 0-2+ yrs | $121K | $25K | $12K | $158K |
| PM 2-5+ yrs | $161K | $50K | $19K | $230K |
| Sr PM 5-8+ yrs | $201K | $100K | $30K | $331K |
| Staff PM 8-12+ yrs | $247K | $175K | $45K | $467K |
| Principal PM 10-15+ yrs | $288K | $250K | $58K | $595K |
| GPM 7-12+ yrs | $253K | $150K | $46K | $449K |
| Director 10-15+ yrs | $322K | $250K | $71K | $643K |
* Salaries shown are median values for tier-2 tech companies in Boston. FAANG companies pay 30-50% more.
How Boston Compares to Other Cities
+35% vs national avg
$372K
Senior PM total comp
+30% vs national avg
$362K
Senior PM total comp
+25% vs national avg
$352K
Senior PM total comp
+15% vs national avg
$331K
Senior PM total comp
+5% vs national avg
$311K
Senior PM total comp
Top PM Employers in Boston
These companies actively hire Product Managers in Boston and offer competitive compensation packages:
HubSpot
Wayfair
Toast
DraftKings
Fidelity
Klaviyo
Looking for PM jobs at these companies? Browse current openings in Boston on bestpmjobs.com.
Find PM Jobs in BostonCost of Living in Boston
Cost of Living Index
152
National avg = 100
Salary Premium
+15%
vs national average
Adjusted Value
218051
Purchasing power index
When evaluating PM opportunities in Boston, consider that the higher cost of living (152 index) partially offsets the salary premium. Your purchasing power may be similar to lower-cost cities with lower salaries.
Calculate Your Salary
Quick Salary Estimate
Estimated Total Comp
$372K
$255K - $546K
Get a personalized salary estimate based on your specific role, company type, and experience level.
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What is the average PM salary in Boston?
The average Product Manager salary in Boston is $201K base salary with total compensation of $331K including equity and bonus. This is 15% above the national average. Senior PMs at FAANG companies can earn $934K+ total compensation.
How does Boston PM salary compare to other cities?
Boston ranks 4 among major tech markets for PM compensation. San Francisco leads with 35% premium, followed by NYC (30%) and Seattle (25%). Boston offers competitive salaries with a 15% premium.
What companies hire PMs in Boston?
Top PM employers in Boston include HubSpot, Wayfair, Toast, DraftKings, Fidelity, and more. These companies offer competitive salaries ranging from $223K to $495K for mid-level PM roles.
Is it worth being a PM in Boston vs working remotely?
Boston offers higher salaries than remote work. With cost of living index at 152 (national average = 100), your higher salary comes with proportionally higher expenses. Consider total compensation, career opportunities, and lifestyle when deciding.