State comparison · 2025
Personal Financial Advisors salary: New York vs South Dakota
Personal Financial Advisors in New York earn a median of $166,400. In South Dakota, $128,720. After cost-of-living, the gap is 6.1% — not 29.3%.
Nominal pay gap
+29.3%
New York vs South Dakota
COL-adjusted gap
+6.1%
After BEA Regional Price Parities
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%
South Dakota
Personal Financial Advisors
- Median
- $128,720
- p25
- $101,200
- p75
- $204,320
- p10
- $77,280
- p90
- $337,140
- COL index (BEA RPP)100 = US average
- 88.6
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.