Buffalo vs Lackawanna: Financial Advisor Salary (2026)
Compare financial advisor salaries between Buffalo, NY and Lackawanna, NY. All figures are 2026 estimates projected from BLS 2025 data.
Side-by-Side Comparison
| Metric | Buffalo, NY | Lackawanna, NY |
|---|---|---|
| Median Salary | $107,070 | $119,185▲ |
| Hourly Rate | $51.47 | $57.30▲ |
| Entry Level (P10) | $62,290 | $69,127▲ |
| 25th Percentile | $69,872 | $87,214▲ |
| 75th Percentile | $181,322▲ | $152,558 |
| Top Earner (P90) | $386,363▲ | $184,738 |
| Total Employed | 690▲ | 5 |
Verdict
Buffalo and Lackawanna are closely matched on overall financial advisor compensation, each winning on different metrics.
The salary gap between Buffalo and Lackawanna is $12,115 (11.32%). Lackawanna's median is +9.81% compared to the US national median of $108,537.
Salary Range Comparison
The full salary range (10th to 90th percentile) in Buffalo spans $324,073,Lackawanna spans $115,611. Buffalo has a wider pay range, meaning more potential for high earners but also more variation.
Cost-of-Living Adjusted Comparison
After cost-of-living adjustment, Buffalo ($111,713 effective) pays 8.63% more than Lackawanna ($102,834 effective).
Cost-of-living adjustment: salary × (100 / CoL index). Index of 100 = national average.
Which City Is Right for You?
Choose Buffalo if…
- ✓Better top-earner potential ($386,363)
- ✓Larger job market (690 employed)
- ✓Better purchasing power (CoL-adjusted: $111,713)
- ✓You prefer the New York area and lifestyle
Choose Lackawanna if…
- ✓Higher median salary ($119,185/year)
- ✓You prefer the New York area and lifestyle
Historical Salary Growth Comparison
Based on BLS OEWS metropolitan area data, financial advisor salaries in Buffalo grew 9.0% from 2019 to 2025, compared to -36.7% growth in Lackawanna over the same period.
Buffalo, NY
$95,080 (2019) → $103,650 (2025)
Lackawanna, NY
$182,231 (2024) → $115,378 (2025)
View Full Salary Data
Buffalo, NY
Lackawanna, NY
Frequently Asked Questions
Which city pays financial advisors more: Buffalo or Lackawanna?
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Should I relocate from Buffalo to Lackawanna as a financial advisor?
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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