Financial Advisor Pay

Brookings vs Sioux Falls: Financial Advisor Salary (2026)

Compare financial advisor salaries between Brookings, SD and Sioux Falls, SD. All figures are 2026 estimates projected from BLS 2025 data.

Brookings, SD
$93,055
$44.74/hr
Sioux Falls, SD
$125,355
$60.27/hr

Side-by-Side Comparison

MetricBrookings, SDSioux Falls, SD
Median Salary$93,055$125,355
Hourly Rate$44.74$60.27
Entry Level (P10)$53,972$67,083
25th Percentile$66,999$85,894
75th Percentile$119,110$153,741
Top Earner (P90)$144,235$182,056
Total Employed4310
Side-by-side bar chart comparing Brookings ($93,055) and Sioux Falls ($125,355) financial advisor salaries.BrookingsSioux FallsMedian Salary$93,055$125,355Entry Level (P10)$53,972$67,083Top Earner (P90)$144,235$182,056US Median $108,537

Verdict

Sioux Falls, SD offers better overall compensation for financial advisors, winning 4 out of 4 metrics compared to Brookings.

The salary gap between Brookings and Sioux Falls is $32,300 (34.71%). Sioux Falls's median is +15.50% compared to the US national median of $108,537.

Salary Range Comparison

The full salary range (10th to 90th percentile) in Brookings spans $90,263,Sioux Falls spans $114,973. Sioux Falls has a wider pay range, suggesting more variation in pay between entry-level and experienced financial advisors.

Brookings
P10 (Entry)$53,972
P25$66,999
Median$93,055
P75$119,110
P90 (Top)$144,235
Sioux Falls
P10 (Entry)$67,083
P25$85,894
Median$125,355
P75$153,741
P90 (Top)$182,056

Cost-of-Living Adjusted Comparison

After cost-of-living adjustment, Sioux Falls ($138,314 effective) pays 37.93% more than Brookings ($100,275 effective).

Brookings
Nominal: $93,055
CoL Index: 92.8
Adjusted: $100,275
Sioux Falls
Nominal: $125,355
CoL Index: 90.631
Adjusted: $138,314

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

Which City Is Right for You?

Choose Brookings if…

  • You prefer the South Dakota area and lifestyle

Choose Sioux Falls if…

  • Higher median salary ($125,355/year)
  • Better top-earner potential ($182,056)
  • Larger job market (310 employed)
  • Better purchasing power (CoL-adjusted: $138,314)
  • You prefer the South Dakota area and lifestyle

Historical Salary Growth Comparison

Based on BLS OEWS metropolitan area data, financial advisor salaries in Brookings grew 28.1% from 2024 to 2025, compared to 82.0% growth in Sioux Falls over the same period.

Brookings, SD

+28.1%

$70,303 (2024) → $90,082 (2025)

Sioux Falls, SD

+82.0%

$66,670 (2019) → $121,350 (2025)

View Full Salary Data

Frequently Asked Questions

Which city pays financial advisors more: Brookings or Sioux Falls?

Sioux Falls has a higher median financial advisor salary at $125,355/year, compared to Brookings at $93,055/year — a difference of $32,300 (34.71%).

What is the hourly rate difference between Brookings and Sioux Falls?

Brookings financial advisors earn $44.74/hr while Sioux Falls hygienists earn $60.27/hr (2026 est.).

Should I relocate from Brookings to Sioux Falls as a financial advisor?

Consider more than just salary when comparing Brookings and Sioux Falls. Factor in cost of living (CoL-adjusted: Brookings = $100,275, Sioux Falls = $138,314), job availability (4 vs 310 employed), commute, and career growth potential.

What do entry-level financial advisors earn in Brookings vs Sioux Falls?

Entry-level (10th percentile) financial advisors earn $53,972 in Brookings and $67,083 in Sioux Falls. The Sioux Falls area offers higher starting salaries.
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