Financial Advisor Pay

Cheyenne vs Evanston: Financial Advisor Salary (2026)

Compare financial advisor salaries between Cheyenne, WY and Evanston, WY. All figures are 2026 estimates projected from BLS 2025 data.

Cheyenne, WY
$60,637
$29.15/hr
Evanston, WY
$97,463
$46.86/hr

Side-by-Side Comparison

MetricCheyenne, WYEvanston, WY
Median Salary$60,637$97,463
Hourly Rate$29.15$46.86
Entry Level (P10)$52,053$56,528
25th Percentile$52,063$71,502
75th Percentile$81,855$124,752
Top Earner (P90)$134,941$151,067
Total Employed706
Side-by-side bar chart comparing Cheyenne ($60,637) and Evanston ($97,463) financial advisor salaries.CheyenneEvanstonMedian Salary$60,637$97,463Entry Level (P10)$52,053$56,528Top Earner (P90)$134,941$151,067US Median $108,537

Verdict

Evanston, WY offers better overall compensation for financial advisors, winning 3 out of 4 metrics compared to Cheyenne.

The salary gap between Cheyenne and Evanston is $36,826 (60.73%). Evanston's median is -10.20% compared to the US national median of $108,537.

Salary Range Comparison

The full salary range (10th to 90th percentile) in Cheyenne spans $82,888,Evanston spans $94,539. Evanston has a wider pay range, suggesting more variation in pay between entry-level and experienced financial advisors.

Cheyenne
P10 (Entry)$52,053
P25$52,063
Median$60,637
P75$81,855
P90 (Top)$134,941
Evanston
P10 (Entry)$56,528
P25$71,502
Median$97,463
P75$124,752
P90 (Top)$151,067

Cost-of-Living Adjusted Comparison

After cost-of-living adjustment, Evanston ($101,736 effective) pays 61.89% more than Cheyenne ($62,842 effective).

Cheyenne
Nominal: $60,637
CoL Index: 96.491
Adjusted: $62,842
Evanston
Nominal: $97,463
CoL Index: 95.8
Adjusted: $101,736

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

Which City Is Right for You?

Choose Cheyenne if…

  • Larger job market (70 employed)
  • You prefer the Wyoming area and lifestyle

Choose Evanston if…

  • Higher median salary ($97,463/year)
  • Better top-earner potential ($151,067)
  • Better purchasing power (CoL-adjusted: $101,736)
  • You prefer the Wyoming area and lifestyle

Historical Salary Growth Comparison

Based on BLS OEWS metropolitan area data, financial advisor salaries in Cheyenne grew -30.4% from 2019 to 2025, compared to 23.6% growth in Evanston over the same period.

Cheyenne, WY

+-30.4%

$84,360 (2019) → $58,700 (2025)

Evanston, WY

+23.6%

$76,327 (2024) → $94,349 (2025)

View Full Salary Data

Frequently Asked Questions

Which city pays financial advisors more: Cheyenne or Evanston?

Evanston has a higher median financial advisor salary at $97,463/year, compared to Cheyenne at $60,637/year — a difference of $36,826 (60.73%).

What is the hourly rate difference between Cheyenne and Evanston?

Cheyenne financial advisors earn $29.15/hr while Evanston hygienists earn $46.86/hr (2026 est.).

Should I relocate from Cheyenne to Evanston as a financial advisor?

Consider more than just salary when comparing Cheyenne and Evanston. Factor in cost of living (CoL-adjusted: Cheyenne = $62,842, Evanston = $101,736), job availability (70 vs 6 employed), commute, and career growth potential.

What do entry-level financial advisors earn in Cheyenne vs Evanston?

Entry-level (10th percentile) financial advisors earn $52,053 in Cheyenne and $56,528 in Evanston. The Evanston 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