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State comparison · 2025

Personal Financial Advisors salary: Indiana vs New York

Occupation

Personal Financial Advisors in New York earn a median of $166,400. In Indiana, $87,710. After cost-of-living, the gap is 39% — not 47.3%.

Nominal pay gap
-47.3%
Indiana vs New York
COL-adjusted gap
-39%
After BEA Regional Price Parities

Indiana

Personal Financial Advisors

Median
$87,710
p25
$50,200
p75
$164,000
p10
$44,150
p90
$319,330
COL index (BEA RPP)100 = US average
93.3
See full breakdown for Indiana

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%
See full breakdown for New York

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.