Financial Advisor Pay

Binghamton vs Buffalo: Financial Advisor Salary (2026)

Compare financial advisor salaries between Binghamton, NY and Buffalo, NY. All figures are 2026 estimates projected from BLS 2025 data.

Binghamton, NY
$107,008
$51.44/hr
Buffalo, NY
$107,070
$51.47/hr

Side-by-Side Comparison

MetricBinghamton, NYBuffalo, NY
Median Salary$107,008$107,070
Hourly Rate$51.44$51.47
Entry Level (P10)$65,719$62,290
25th Percentile$76,215$69,872
75th Percentile$216,424$181,322
Top Earner (P90)$340,714$386,363
Total Employed100690
Side-by-side bar chart comparing Binghamton ($107,008) and Buffalo ($107,070) financial advisor salaries.BinghamtonBuffaloMedian Salary$107,008$107,070Entry Level (P10)$65,719$62,290Top Earner (P90)$340,714$386,363US Median $108,537

Verdict

Buffalo, NY offers better overall compensation for financial advisors, winning 4 out of 4 metrics compared to Binghamton.

The salary gap between Binghamton and Buffalo is $62 (0.06%). Buffalo's median is -1.35% compared to the US national median of $108,537.

Salary Range Comparison

The full salary range (10th to 90th percentile) in Binghamton spans $274,995,Buffalo spans $324,073. Buffalo has a wider pay range, suggesting more variation in pay between entry-level and experienced financial advisors.

Binghamton
P10 (Entry)$65,719
P25$76,215
Median$107,008
P75$216,424
P90 (Top)$340,714
Buffalo
P10 (Entry)$62,290
P25$69,872
Median$107,070
P75$181,322
P90 (Top)$386,363

Cost-of-Living Adjusted Comparison

After cost-of-living adjustment, Binghamton ($115,232 effective) pays 3.15% more than Buffalo ($111,713 effective).

Binghamton
Nominal: $107,008
CoL Index: 92.863
Adjusted: $115,232
Buffalo
Nominal: $107,070
CoL Index: 95.844
Adjusted: $111,713

Cost-of-living adjustment: salary × (100 / CoL index). Index of 100 = national average.

Which City Is Right for You?

Choose Binghamton if…

  • Better purchasing power (CoL-adjusted: $115,232)
  • You prefer the New York area and lifestyle

Choose Buffalo if…

  • Higher median salary ($107,070/year)
  • Better top-earner potential ($386,363)
  • Larger job market (690 employed)
  • You prefer the New York area and lifestyle

Historical Salary Growth Comparison

Based on BLS OEWS metropolitan area data, financial advisor salaries in Binghamton grew 39.1% from 2019 to 2025, compared to 9.0% growth in Buffalo over the same period.

Binghamton, NY

+39.1%

$74,460 (2019) → $103,590 (2025)

Buffalo, NY

+9.0%

$95,080 (2019) → $103,650 (2025)

View Full Salary Data

Frequently Asked Questions

Which city pays financial advisors more: Binghamton or Buffalo?

Buffalo has a higher median financial advisor salary at $107,070/year, compared to Binghamton at $107,008/year — a difference of $62 (0.06%).

What is the hourly rate difference between Binghamton and Buffalo?

Binghamton financial advisors earn $51.44/hr while Buffalo hygienists earn $51.47/hr (2026 est.).

Should I relocate from Binghamton to Buffalo as a financial advisor?

Consider more than just salary when comparing Binghamton and Buffalo. Factor in cost of living (CoL-adjusted: Binghamton = $115,232, Buffalo = $111,713), job availability (100 vs 690 employed), commute, and career growth potential.

What do entry-level financial advisors earn in Binghamton vs Buffalo?

Entry-level (10th percentile) financial advisors earn $65,719 in Binghamton and $62,290 in Buffalo. The Binghamton area offers higher starting salaries.

Related Comparisons

JL

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.

Clinically reviewed by Sophia Martinez, CFAData verified by Ethan Wang, ChFC

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