State comparison · 2025
Personal Financial Advisors salary: Minnesota vs New York
Personal Financial Advisors in New York earn a median of $166,400. In Minnesota, $102,660. After cost-of-living, the gap is 32.5% — not 38.3%.
Nominal pay gap
-38.3%
Minnesota vs New York
COL-adjusted gap
-32.5%
After BEA Regional Price Parities
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
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.