Albany vs New York: Financial Advisor Salary (2026)
Compare financial advisor salaries between Albany, NY and New York, NY. All figures are 2026 estimates projected from BLS 2025 data.
Side-by-Side Comparison
| Metric | Albany, NY | New York, NY |
|---|---|---|
| Median Salary | $128,722 | $175,662▲ |
| Hourly Rate | $61.89 | $84.45▲ |
| Entry Level (P10) | $59,222 | $84,210▲ |
| 25th Percentile | $77,175 | $115,696▲ |
| 75th Percentile | $201,972 | $312,266▲ |
| Top Earner (P90) | $372,541 | $434,511▲ |
| Total Employed | 680 | 23,980▲ |
Verdict
New York, NY offers better overall compensation for financial advisors, winning 4 out of 4 metrics compared to Albany.
The salary gap between Albany and New York is $46,940 (36.47%). New York's median is +61.85% compared to the US national median of $108,537.
Salary Range Comparison
The full salary range (10th to 90th percentile) in Albany spans $313,319,New York spans $350,301. New York has a wider pay range, suggesting more variation in pay between entry-level and experienced financial advisors.
Cost-of-Living Adjusted Comparison
After cost-of-living adjustment, New York ($156,057 effective) pays 20.71% more than Albany ($129,283 effective).
Cost-of-living adjustment: salary × (100 / CoL index). Index of 100 = national average.
Which City Is Right for You?
Choose Albany if…
- ✓You prefer the New York area and lifestyle
Choose New York if…
- ✓Higher median salary ($175,662/year)
- ✓Better top-earner potential ($434,511)
- ✓Larger job market (23,980 employed)
- ✓Better purchasing power (CoL-adjusted: $156,057)
- ✓You prefer the New York area and lifestyle
Historical Salary Growth Comparison
Based on BLS OEWS metropolitan area data, financial advisor salaries in Albany grew 62.7% from 2019 to 2025, compared to 20.9% growth in New York over the same period.
Albany, NY
$76,610 (2019) → $124,610 (2025)
New York, NY
$140,620 (2019) → $170,050 (2025)
View Full Salary Data
Albany, NY
New York, NY
Frequently Asked Questions
Which city pays financial advisors more: Albany or New York?
What is the hourly rate difference between Albany and New York?
Should I relocate from Albany to New York as a financial advisor?
What do entry-level financial advisors earn in Albany vs New York?
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Written by Jordan Lee, CFP
Career Analyst
Jordan has over 10 years of experience in financial planning. They specialize in retirement planning for individuals. They work at a financial services firm in New York City.
Methodology & Data Source
All salary figures are 2026 projections based on BLS OEWS May 2025 data. A 3.30% CAGR (derived from 6-year national BLS trends) was applied to estimate current compensation. Cost-of-living adjustments use BEA Regional Price Parity data. Actual salaries vary by employer, certifications, and experience.
Data Sources & Methodology
Source: BLS, OEWS , released .
Compiled and verified by Jordan Lee, CFP, a licensed financial advisor with 10+ years of clinical experience. · View source data at BLS.gov