FinanceUpdated Q1 2026

Investment Banker Salary
in Cambridge, MA

Advise corporations on mergers, acquisitions, and capital raising. Median salary in Cambridge: $253K/year. Data from BLS, O*NET, and H-1B disclosures.

Median salary
$253K
per year
Take-home: $165K

Salary range in Cambridge

Entry level (25th)$168,000
Median (50th)$253,000
Senior (75th)$393,000
Top earner (90th)$632,000
Data freshness

Figures represent annual base salary in Cambridge, Massachusetts. Reviewed by SalaryOptics Editorial · How we calculate this →

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What the numbers say for Cambridge

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

41% premium vs national median

Investment Bankers in Cambridge earn approximately 41% higher than the US national median for this role — a $73,000 premium on annual base salary. This reflects Cambridge's position as a higher-cost labor market where employers must match local wage norms.

Cost-of-living adjusted picture

Adjusted for Cambridge's cost-of-living index (185), the median Investment Banker salary buys the equivalent of $136,757 in a US-average-cost city. That's $43,243 less purchasing power than the national median — the higher nominal salary doesn't fully offset local costs.

Key facts for Cambridge

Median salary
$253K
annual
Take-home pay
$165K
after fed/state tax
COL index
185
100 = US avg
State income tax
5%
effective rate
Avg 1BR rent
$3,200
per month
YoY growth
+3.9%
salary trend

Salary forecast: Cambridge Investment Banker to 2030

Based on BLS 2022–2032 Employment Projections and WEF Future of Jobs Report 2026. At current growth rates, median salary reaches $290K by 2030.

Salary trend & forecast — Cambridge

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

HistoricalProjected
Investment Banker salary trend 2019–2030PROJECTED →$212K$234K$256K$278K$300K201920212023202520272029
2026
$262K
projected
2027
$271K
projected
2028
$281K
projected
2029
$290K
projected
2030
$300K
projected

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

YearProjected median salaryvs today
2027 projected$262,000+$9,000
2028 projected$271,000+$18,000
2029 projected$281,000+$28,000
2030 projected$290,000+$37,000

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

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Investment Banker Salary in Cambridge, Massachusetts: Complete Guide (2026)

The median Investment Banker salary in Cambridge, MA is $253,000 per year as of Q1 2026. This figure represents the midpoint of all reported compensation for this role in the Cambridge–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 Investment Banker in Cambridge

Entry-level Investment Bankers in Cambridge with 0–2 years of experience typically earn between $168,000 and $253,000 annually. Mid-career professionals with 3–7 years command $253,000 to $393,000, while senior-level practitioners with 8+ years of experience regularly earn $393,000 to $632,000 or more.

Cost of living in Cambridge for Investment Bankers

Cambridge has a cost of living index of 185 compared to the US national average of 100. Cambridge'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 Investment Banker

Bachelor's in Finance or Economics; MBA at senior levels. 20% of these roles offer some remote flexibility.

Investment Banker salary in nearby cities

CityMedian salaryCOL index
Cambridge (current)$253K185
Boston$238K162
Worcester$207K120
Springfield$187K105
Lowell$198K118