Financial Advisor Pay

Chicago vs Bloomington: Financial Advisor Salary (2026)

Compare financial advisor salaries between Chicago, IL and Bloomington, IL. All figures are 2026 estimates projected from BLS 2025 data.

Chicago, IL
$116,946
$56.23/hr
Bloomington, IL
$145,725
$70.06/hr

Side-by-Side Comparison

MetricChicago, ILBloomington, IL
Median Salary$116,946$145,725
Hourly Rate$56.23$70.06
Entry Level (P10)$52,735$60,358
25th Percentile$73,591$86,607
75th Percentile$178,957$229,564
Top Earner (P90)$333,081$358,399
Total Employed8,37060
Side-by-side bar chart comparing Chicago ($116,946) and Bloomington ($145,725) financial advisor salaries.ChicagoBloomingtonMedian Salary$116,946$145,725Entry Level (P10)$52,735$60,358Top Earner (P90)$333,081$358,399US Median $108,537

Verdict

Bloomington, IL offers better overall compensation for financial advisors, winning 3 out of 4 metrics compared to Chicago.

The salary gap between Chicago and Bloomington is $28,779 (24.61%). Bloomington's median is +34.26% compared to the US national median of $108,537.

Salary Range Comparison

The full salary range (10th to 90th percentile) in Chicago spans $280,346,Bloomington spans $298,041. Bloomington has a wider pay range, suggesting more variation in pay between entry-level and experienced financial advisors.

Chicago
P10 (Entry)$52,735
P25$73,591
Median$116,946
P75$178,957
P90 (Top)$333,081
Bloomington
P10 (Entry)$60,358
P25$86,607
Median$145,725
P75$229,564
P90 (Top)$358,399

Cost-of-Living Adjusted Comparison

After cost-of-living adjustment, Bloomington ($155,794 effective) pays 38.01% more than Chicago ($112,888 effective).

Chicago
Nominal: $116,946
CoL Index: 103.595
Adjusted: $112,888
Bloomington
Nominal: $145,725
CoL Index: 93.537
Adjusted: $155,794

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

Which City Is Right for You?

Choose Chicago if…

  • Larger job market (8,370 employed)
  • You prefer the Illinois area and lifestyle

Choose Bloomington if…

  • Higher median salary ($145,725/year)
  • Better top-earner potential ($358,399)
  • Better purchasing power (CoL-adjusted: $155,794)
  • You prefer the Illinois area and lifestyle

Historical Salary Growth Comparison

Based on BLS OEWS metropolitan area data, financial advisor salaries in Chicago grew -1.1% from 2019 to 2025, compared to 84.7% growth in Bloomington over the same period.

Chicago, IL

+-1.1%

$114,460 (2019) → $113,210 (2025)

Bloomington, IL

+84.7%

$76,360 (2020) → $141,070 (2025)

View Full Salary Data

Frequently Asked Questions

Which city pays financial advisors more: Chicago or Bloomington?

Bloomington has a higher median financial advisor salary at $145,725/year, compared to Chicago at $116,946/year — a difference of $28,779 (24.61%).

What is the hourly rate difference between Chicago and Bloomington?

Chicago financial advisors earn $56.23/hr while Bloomington hygienists earn $70.06/hr (2026 est.).

Should I relocate from Chicago to Bloomington as a financial advisor?

Consider more than just salary when comparing Chicago and Bloomington. Factor in cost of living (CoL-adjusted: Chicago = $112,888, Bloomington = $155,794), job availability (8,370 vs 60 employed), commute, and career growth potential.

What do entry-level financial advisors earn in Chicago vs Bloomington?

Entry-level (10th percentile) financial advisors earn $52,735 in Chicago and $60,358 in Bloomington. The Bloomington 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