Financial Advisor Pay

Clovis vs Las Cruces: Financial Advisor Salary (2026)

Compare financial advisor salaries between Clovis, NM and Las Cruces, NM. All figures are 2026 estimates projected from BLS 2025 data.

Clovis, NM
$97,298
$46.77/hr
Las Cruces, NM
$75,399
$36.25/hr

Side-by-Side Comparison

MetricClovis, NMLas Cruces, NM
Median Salary$97,298$75,399
Hourly Rate$46.77$36.25
Entry Level (P10)$56,433$38,841
25th Percentile$70,055$66,381
75th Percentile$124,542$96,265
Top Earner (P90)$150,813$176,550
Total Employed770
Side-by-side bar chart comparing Clovis ($97,298) and Las Cruces ($75,399) financial advisor salaries.ClovisLas CrucesMedian Salary$97,298$75,399Entry Level (P10)$56,433$38,841Top Earner (P90)$150,813$176,550US Median $108,537

Verdict

Clovis and Las Cruces are closely matched on overall financial advisor compensation, each winning on different metrics.

The salary gap between Clovis and Las Cruces is $21,899 (29.04%). Clovis's median is -10.35% compared to the US national median of $108,537.

Salary Range Comparison

The full salary range (10th to 90th percentile) in Clovis spans $94,380,Las Cruces spans $137,709. Las Cruces has a wider pay range, suggesting more variation in pay between entry-level and experienced financial advisors.

Clovis
P10 (Entry)$56,433
P25$70,055
Median$97,298
P75$124,542
P90 (Top)$150,813
Las Cruces
P10 (Entry)$38,841
P25$66,381
Median$75,399
P75$96,265
P90 (Top)$176,550

Cost-of-Living Adjusted Comparison

After cost-of-living adjustment, Clovis ($103,070 effective) pays 23.32% more than Las Cruces ($83,580 effective).

Clovis
Nominal: $97,298
CoL Index: 94.4
Adjusted: $103,070
Las Cruces
Nominal: $75,399
CoL Index: 90.212
Adjusted: $83,580

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

Which City Is Right for You?

Choose Clovis if…

  • Higher median salary ($97,298/year)
  • Better purchasing power (CoL-adjusted: $103,070)
  • You prefer the New Mexico area and lifestyle

Choose Las Cruces if…

  • Better top-earner potential ($176,550)
  • Larger job market (70 employed)
  • You prefer the New Mexico area and lifestyle

Historical Salary Growth Comparison

Based on BLS OEWS metropolitan area data, financial advisor salaries in Clovis grew 23.6% from 2024 to 2025, compared to -25.3% growth in Las Cruces over the same period.

Clovis, NM

+23.6%

$76,198 (2024) → $94,190 (2025)

Las Cruces, NM

+-25.3%

$97,740 (2021) → $72,990 (2025)

View Full Salary Data

Frequently Asked Questions

Which city pays financial advisors more: Clovis or Las Cruces?

Clovis has a higher median financial advisor salary at $97,298/year, compared to Las Cruces at $75,399/year — a difference of $21,899 (29.04%).

What is the hourly rate difference between Clovis and Las Cruces?

Clovis financial advisors earn $46.77/hr while Las Cruces hygienists earn $36.25/hr (2026 est.).

Should I relocate from Clovis to Las Cruces as a financial advisor?

Consider more than just salary when comparing Clovis and Las Cruces. Factor in cost of living (CoL-adjusted: Clovis = $103,070, Las Cruces = $83,580), job availability (7 vs 70 employed), commute, and career growth potential.

What do entry-level financial advisors earn in Clovis vs Las Cruces?

Entry-level (10th percentile) financial advisors earn $56,433 in Clovis and $38,841 in Las Cruces. The Clovis 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