Hastings vs Rochester: Financial Advisor Salary (2026)
Compare financial advisor salaries between Hastings, MN and Rochester, MN. All figures are 2026 estimates projected from BLS 2025 data.
Side-by-Side Comparison
| Metric | Hastings, MN | Rochester, MN |
|---|---|---|
| Median Salary | $81,077 | $98,424▲ |
| Hourly Rate | $38.98 | $47.32▲ |
| Entry Level (P10) | $47,024▲ | $46,878 |
| 25th Percentile | $58,376 | $63,963▲ |
| 75th Percentile | $103,778 | $209,472▲ |
| Top Earner (P90) | $125,670 | $305,489▲ |
| Total Employed | 5 | 110▲ |
Verdict
Rochester, MN offers better overall compensation for financial advisors, winning 4 out of 4 metrics compared to Hastings.
The salary gap between Hastings and Rochester is $17,347 (21.40%). Rochester's median is -9.32% compared to the US national median of $108,537.
Salary Range Comparison
The full salary range (10th to 90th percentile) in Hastings spans $78,646,Rochester spans $258,611. Rochester has a wider pay range, suggesting more variation in pay between entry-level and experienced financial advisors.
Cost-of-Living Adjusted Comparison
After cost-of-living adjustment, Rochester ($108,371 effective) pays 31.66% more than Hastings ($82,312 effective).
Cost-of-living adjustment: salary × (100 / CoL index). Index of 100 = national average.
Which City Is Right for You?
Choose Hastings if…
- ✓You prefer the Minnesota area and lifestyle
Choose Rochester if…
- ✓Higher median salary ($98,424/year)
- ✓Better top-earner potential ($305,489)
- ✓Larger job market (110 employed)
- ✓Better purchasing power (CoL-adjusted: $108,371)
- ✓You prefer the Minnesota area and lifestyle
Historical Salary Growth Comparison
Based on BLS OEWS metropolitan area data, financial advisor salaries in Hastings grew -22.6% from 2024 to 2025, compared to 22.4% growth in Rochester over the same period.
Hastings, MN
$101,353 (2024) → $78,487 (2025)
Rochester, MN
$77,860 (2019) → $95,280 (2025)
View Full Salary Data
Hastings, MN
Rochester, MN
Frequently Asked Questions
Which city pays financial advisors more: Hastings or Rochester?
What is the hourly rate difference between Hastings and Rochester?
Should I relocate from Hastings to Rochester as a financial advisor?
What do entry-level financial advisors earn in Hastings vs Rochester?
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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