State comparison · 2025
Personal Financial Advisors salary: Illinois vs New York
Personal Financial Advisors in New York earn a median of $166,400. In Illinois, $120,130. After cost-of-living, the gap is 22.1% — not 27.8%.
Nominal pay gap
-27.8%
Illinois vs New York
COL-adjusted gap
-22.1%
After BEA Regional Price Parities
Illinois
Personal Financial Advisors
- Median
- $120,130
- p25
- $73,010
- p75
- $175,680
- p10
- $51,820
- p90
- $328,650
- COL index (BEA RPP)100 = US average
- 100.0
- Hiring velocity (180d)
- -56%
New York
Personal Financial Advisors
- Median
- $166,400
- p25
- $102,080
- p75
- $282,050
- p10
- $76,190
- p90
- $427,700
- COL index (BEA RPP)100 = US average
- 107.9
- Hiring velocity (180d)
- -75%
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.