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State comparison · 2025

Personal Financial Advisors salary: California vs Minnesota

Occupation

Personal Financial Advisors in California earn a median of $130,330. In Minnesota, $102,660. After cost-of-living, the gap is 13.1% — not 27%.

Nominal pay gap
+27%
California vs Minnesota
COL-adjusted gap
+13.1%
After BEA Regional Price Parities

California

Personal Financial Advisors

Median
$130,330
p25
$83,860
p75
$195,420
p10
$67,690
p90
$393,860
COL index (BEA RPP)100 = US average
110.7
Hiring velocity (180d)
-86%
See full breakdown for California

Minnesota

Personal Financial Advisors

Median
$102,660
p25
$68,470
p75
$166,680
p10
$47,520
p90
$310,730
COL index (BEA RPP)100 = US average
98.6
See full breakdown for Minnesota

BLS Occupational Employment and Wage Statistics, May 2025. Cost-of-living adjustment from BEA Regional Price Parities (overall index). Hiring velocity from DOL OFLC public disclosure data, recent 180 days vs prior. See methodology.