State comparison · 2025
Loan Officers salary: Minnesota vs New York
Loan Officers in New York earn a median of $95,710. In Minnesota, $95,170. After cost-of-living, the gap is 8.8% — not 0.6%.
Nominal pay gap
-0.6%
Minnesota vs New York
COL-adjusted gap
+8.8%
After BEA Regional Price Parities
Minnesota
Loan Officers
- Median
- $95,170
- p25
- $73,240
- p75
- $125,550
- p10
- $57,670
- p90
- $163,350
- COL index (BEA RPP)100 = US average
- 98.6
New York
Loan Officers
- Median
- $95,710
- p25
- $62,670
- p75
- $148,890
- p10
- $49,410
- p90
- $211,350
- COL index (BEA RPP)100 = US average
- 107.9
- Hiring velocity (180d)
- -58%
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.