Financial Advisor Pay

Cincinnati vs Elyria: Financial Advisor Salary (2026)

Compare financial advisor salaries between Cincinnati, OH and Elyria, OH. All figures are 2026 estimates projected from BLS 2025 data.

Cincinnati, OH
$83,198
$40.00/hr
Elyria, OH
$82,731
$39.77/hr

Side-by-Side Comparison

MetricCincinnati, OHElyria, OH
Median Salary$83,198$82,731
Hourly Rate$40.00$39.77
Entry Level (P10)$46,712$47,984
25th Percentile$63,189$59,566
75th Percentile$172,242$105,896
Top Earner (P90)$318,102$128,232
Total Employed2,51014
Side-by-side bar chart comparing Cincinnati ($83,198) and Elyria ($82,731) financial advisor salaries.CincinnatiElyriaMedian Salary$83,198$82,731Entry Level (P10)$46,712$47,984Top Earner (P90)$318,102$128,232US Median $108,537

Verdict

Cincinnati, OH offers better overall compensation for financial advisors, winning 4 out of 4 metrics compared to Elyria.

The salary gap between Cincinnati and Elyria is $467 (0.56%). Cincinnati's median is -23.35% compared to the US national median of $108,537.

Salary Range Comparison

The full salary range (10th to 90th percentile) in Cincinnati spans $271,390,Elyria spans $80,248. Cincinnati has a wider pay range, meaning more potential for high earners but also more variation.

Cincinnati
P10 (Entry)$46,712
P25$63,189
Median$83,198
P75$172,242
P90 (Top)$318,102
Elyria
P10 (Entry)$47,984
P25$59,566
Median$82,731
P75$105,896
P90 (Top)$128,232

Cost-of-Living Adjusted Comparison

After cost-of-living adjustment, Elyria ($91,214 effective) pays 4.56% more than Cincinnati ($87,237 effective).

Cincinnati
Nominal: $83,198
CoL Index: 95.37
Adjusted: $87,237
Elyria
Nominal: $82,731
CoL Index: 90.7
Adjusted: $91,214

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

Which City Is Right for You?

Choose Cincinnati if…

  • Higher median salary ($83,198/year)
  • Better top-earner potential ($318,102)
  • Larger job market (2,510 employed)
  • You prefer the Ohio area and lifestyle

Choose Elyria if…

  • Better purchasing power (CoL-adjusted: $91,214)
  • You prefer the Ohio area and lifestyle

Historical Salary Growth Comparison

Based on BLS OEWS metropolitan area data, financial advisor salaries in Cincinnati grew -1.4% from 2019 to 2025, compared to -3.8% growth in Elyria over the same period.

Cincinnati, OH

+-1.4%

$81,650 (2019) → $80,540 (2025)

Elyria, OH

+-3.8%

$83,253 (2024) → $80,088 (2025)

View Full Salary Data

Frequently Asked Questions

Which city pays financial advisors more: Cincinnati or Elyria?

Cincinnati has a higher median financial advisor salary at $83,198/year, compared to Elyria at $82,731/year — a difference of $467 (0.56%).

What is the hourly rate difference between Cincinnati and Elyria?

Cincinnati financial advisors earn $40.00/hr while Elyria hygienists earn $39.77/hr (2026 est.).

Should I relocate from Cincinnati to Elyria as a financial advisor?

Consider more than just salary when comparing Cincinnati and Elyria. Factor in cost of living (CoL-adjusted: Cincinnati = $87,237, Elyria = $91,214), job availability (2,510 vs 14 employed), commute, and career growth potential.

What do entry-level financial advisors earn in Cincinnati vs Elyria?

Entry-level (10th percentile) financial advisors earn $46,712 in Cincinnati and $47,984 in Elyria. The Elyria 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