Financial Advisor Pay

Binghamton vs New York: Financial Advisor Salary (2026)

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

Binghamton, NY
$107,008
$51.44/hr
New York, NY
$175,662
$84.45/hr

Side-by-Side Comparison

MetricBinghamton, NYNew York, NY
Median Salary$107,008$175,662
Hourly Rate$51.44$84.45
Entry Level (P10)$65,719$84,210
25th Percentile$76,215$115,696
75th Percentile$216,424$312,266
Top Earner (P90)$340,714$434,511
Total Employed10023,980
Side-by-side bar chart comparing Binghamton ($107,008) and New York ($175,662) financial advisor salaries.BinghamtonNew YorkMedian Salary$107,008$175,662Entry Level (P10)$65,719$84,210Top Earner (P90)$340,714$434,511US Median $108,537

Verdict

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

The salary gap between Binghamton and New York is $68,654 (64.16%). 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 Binghamton spans $274,995,New York spans $350,301. New York 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
New York
P10 (Entry)$84,210
P25$115,696
Median$175,662
P75$312,266
P90 (Top)$434,511

Cost-of-Living Adjusted Comparison

After cost-of-living adjustment, New York ($156,057 effective) pays 35.43% more than Binghamton ($115,232 effective).

Binghamton
Nominal: $107,008
CoL Index: 92.863
Adjusted: $115,232
New York
Nominal: $175,662
CoL Index: 112.563
Adjusted: $156,057

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

Which City Is Right for You?

Choose Binghamton 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 Binghamton grew 39.1% from 2019 to 2025, compared to 20.9% growth in New York over the same period.

Binghamton, NY

+39.1%

$74,460 (2019) → $103,590 (2025)

New York, NY

+20.9%

$140,620 (2019) → $170,050 (2025)

View Full Salary Data

Frequently Asked Questions

Which city pays financial advisors more: Binghamton or New York?

New York has a higher median financial advisor salary at $175,662/year, compared to Binghamton at $107,008/year — a difference of $68,654 (64.16%).

What is the hourly rate difference between Binghamton and New York?

Binghamton financial advisors earn $51.44/hr while New York hygienists earn $84.45/hr (2026 est.).

Should I relocate from Binghamton to New York as a financial advisor?

Consider more than just salary when comparing Binghamton and New York. Factor in cost of living (CoL-adjusted: Binghamton = $115,232, New York = $156,057), job availability (100 vs 23,980 employed), commute, and career growth potential.

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

Entry-level (10th percentile) financial advisors earn $65,719 in Binghamton and $84,210 in New York. The New York 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