RetailUpdated Q1 2026

Business Development Manager Salary
in Boston, MA

Identify and develop new business opportunities, partnerships, and revenue streams. Median salary in Boston: $117K/year. Data from BLS, O*NET, and H-1B disclosures.

Median salary
$117K
per year
Take-home: $76K

Salary range in Boston

Entry level (25th)$83,000
Median (50th)$117,000
Senior (75th)$161,000
Top earner (90th)$221,000
Data freshness

Figures represent annual base salary in Boston, Massachusetts. Reviewed by SalaryOptics Editorial Β· How we calculate this β†’

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What the numbers say for Boston

Analysis derived from the salary, COL, tax, and labor-market figures above β€” specific to this role and city.

15% premium vs national median

Business Development Managers in Boston earn approximately 15% higher than the US national median for this role β€” a $15,000 premium on annual base salary. This reflects Boston's position as a higher-cost labor market where employers must match local wage norms.

Cost-of-living adjusted picture

Adjusted for Boston's cost-of-living index (162), the median Business Development Manager salary buys the equivalent of $72,222 in a US-average-cost city. That's $29,778 less purchasing power than the national median β€” the higher nominal salary doesn't fully offset local costs.

Rent eats 46% of take-home

Average 1-bedroom rent in Boston ($2,900/mo) consumes approximately 46% of an after-tax median Business Development Manager salary. Financial planners typically recommend keeping housing under 30% of take-home β€” a salary at the 75th percentile ($161K) brings that ratio into a more comfortable range here.

Key facts for Boston

Median salary
$117K
annual
Take-home pay
$76K
after fed/state tax
COL index
162
100 = US avg
State income tax
5%
effective rate
Avg 1BR rent
$2,900
per month
YoY growth
+4.5%
salary trend

Salary forecast: Boston Business Development Manager to 2030

Based on BLS 2022–2032 Employment Projections and WEF Future of Jobs Report 2026. At current growth rates, median salary reaches $117K by 2030.

Salary trend & forecast β€” Boston

Historical (2019–2025) + projected to 2030 based on BLS growth rates

HistoricalProjected
Business Development Manager salary trend 2019–2030PROJECTED β†’$98K$107K$115K$124K$132K201920212023202520272029
2026
$120K
projected
2027
$123K
projected
2028
$126K
projected
2029
$129K
projected
2030
$132K
projected

Projections based on BLS Employment Projections 2022–2032 CAGR and WEF Jobs Report 2025. Not financial advice.

YearProjected median salaryvs today
2027 projected$117,000+$0
2028 projected$117,000+$0
2029 projected$117,000+$0
2030 projected$117,000+$0

Projections use compound annual growth rate (CAGR) from BLS occupational outlook data. Actual salaries may vary.

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Business Development Manager Salary in Boston, Massachusetts: Complete Guide (2026)

The median Business Development Manager salary in Boston, MA is $117,000 per year as of Q1 2026. This figure represents the midpoint of all reported compensation for this role in the Boston–MA metropolitan area, based on data from the Bureau of Labor Statistics Occupational Employment Statistics, H-1B visa disclosures from the Department of Labor, and O*NET occupational data.

Salary range for Business Development Manager in Boston

Entry-level Business Development Managers in Boston with 0–2 years of experience typically earn between $83,000 and $117,000 annually. Mid-career professionals with 3–7 years command $117,000 to $161,000, while senior-level practitioners with 8+ years of experience regularly earn $161,000 to $221,000 or more.

Cost of living in Boston for Business Development Managers

Boston has a cost of living index of 162 compared to the US national average of 100. Boston's cost of living is above the US average, so the salary figures above reflect local market rates. Massachusetts has a 5% state income tax rate.

Education requirements for Business Development Manager

Bachelor's in Business; MBA at senior levels. 50% of these roles offer some remote flexibility.

Business Development Manager salary in nearby cities

CityMedian salaryCOL index
Boston (current)$117K162
Worcester$107K120
Springfield$107K105
Cambridge$189K185
Lowell$120K118