Financial Advisor Pay

Buffalo Grove vs Peoria: Financial Advisor Salary (2026)

Compare financial advisor salaries between Buffalo Grove, IL and Peoria, IL. All figures are 2026 estimates projected from BLS 2025 data.

Buffalo Grove, IL
$113,966
$54.79/hr
Peoria, IL
$112,525
$54.10/hr

Side-by-Side Comparison

MetricBuffalo Grove, ILPeoria, IL
Median Salary$113,966$112,525
Hourly Rate$54.79$54.10
Entry Level (P10)$66,100$64,759
25th Percentile$82,055$76,959
75th Percentile$145,876$177,149
Top Earner (P90)$176,647$305,551
Total Employed7200
Side-by-side bar chart comparing Buffalo Grove ($113,966) and Peoria ($112,525) financial advisor salaries.Buffalo GrovePeoriaMedian Salary$113,966$112,525Entry Level (P10)$66,100$64,759Top Earner (P90)$176,647$305,551US Median $108,537

Verdict

Buffalo Grove and Peoria are closely matched on overall financial advisor compensation, each winning on different metrics.

The salary gap between Buffalo Grove and Peoria is $1,441 (1.28%). Buffalo Grove's median is +5.00% compared to the US national median of $108,537.

Salary Range Comparison

The full salary range (10th to 90th percentile) in Buffalo Grove spans $110,547,Peoria spans $240,792. Peoria has a wider pay range, suggesting more variation in pay between entry-level and experienced financial advisors.

Buffalo Grove
P10 (Entry)$66,100
P25$82,055
Median$113,966
P75$145,876
P90 (Top)$176,647
Peoria
P10 (Entry)$64,759
P25$76,959
Median$112,525
P75$177,149
P90 (Top)$305,551

Cost-of-Living Adjusted Comparison

After cost-of-living adjustment, Peoria ($123,341 effective) pays 5.09% more than Buffalo Grove ($117,370 effective).

Buffalo Grove
Nominal: $113,966
CoL Index: 97.1
Adjusted: $117,370
Peoria
Nominal: $112,525
CoL Index: 91.231
Adjusted: $123,341

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

Which City Is Right for You?

Choose Buffalo Grove if…

  • Higher median salary ($113,966/year)
  • You prefer the Illinois area and lifestyle

Choose Peoria if…

  • Better top-earner potential ($305,551)
  • Larger job market (200 employed)
  • Better purchasing power (CoL-adjusted: $123,341)
  • You prefer the Illinois area and lifestyle

Historical Salary Growth Comparison

Based on BLS OEWS metropolitan area data, financial advisor salaries in Buffalo Grove grew 0.6% from 2024 to 2025, compared to 38.6% growth in Peoria over the same period.

Buffalo Grove, IL

+0.6%

$109,628 (2024) → $110,325 (2025)

Peoria, IL

+38.6%

$78,590 (2019) → $108,930 (2025)

View Full Salary Data

Frequently Asked Questions

Which city pays financial advisors more: Buffalo Grove or Peoria?

Buffalo Grove has a higher median financial advisor salary at $113,966/year, compared to Peoria at $112,525/year — a difference of $1,441 (1.28%).

What is the hourly rate difference between Buffalo Grove and Peoria?

Buffalo Grove financial advisors earn $54.79/hr while Peoria hygienists earn $54.10/hr (2026 est.).

Should I relocate from Buffalo Grove to Peoria as a financial advisor?

Consider more than just salary when comparing Buffalo Grove and Peoria. Factor in cost of living (CoL-adjusted: Buffalo Grove = $117,370, Peoria = $123,341), job availability (7 vs 200 employed), commute, and career growth potential.

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

Entry-level (10th percentile) financial advisors earn $66,100 in Buffalo Grove and $64,759 in Peoria. The Buffalo Grove 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