Financial Advisor Pay

Lewiston vs Scarborough: Financial Advisor Salary (2026)

Compare financial advisor salaries between Lewiston, ME and Scarborough, ME. All figures are 2026 estimates projected from BLS 2025 data.

Lewiston, ME
$106,492
$51.20/hr
Scarborough, ME
$103,142
$49.58/hr

Side-by-Side Comparison

MetricLewiston, MEScarborough, ME
Median Salary$106,492$103,142
Hourly Rate$51.20$49.58
Entry Level (P10)$61,765$59,822
25th Percentile$76,674$75,618
75th Percentile$136,310$132,022
Top Earner (P90)$165,063$159,870
Total Employed75
Side-by-side bar chart comparing Lewiston ($106,492) and Scarborough ($103,142) financial advisor salaries.LewistonScarboroughMedian Salary$106,492$103,142Entry Level (P10)$61,765$59,822Top Earner (P90)$165,063$159,870US Median $108,537

Verdict

Lewiston, ME offers better overall compensation for financial advisors, winning 4 out of 4 metrics compared to Scarborough.

The salary gap between Lewiston and Scarborough is $3,350 (3.25%). Lewiston's median is -1.88% compared to the US national median of $108,537.

Salary Range Comparison

The full salary range (10th to 90th percentile) in Lewiston spans $103,298,Scarborough spans $100,048. Lewiston has a wider pay range, meaning more potential for high earners but also more variation.

Lewiston
P10 (Entry)$61,765
P25$76,674
Median$106,492
P75$136,310
P90 (Top)$165,063
Scarborough
P10 (Entry)$59,822
P25$75,618
Median$103,142
P75$132,022
P90 (Top)$159,870

Cost-of-Living Adjusted Comparison

After cost-of-living adjustment, Lewiston ($106,920 effective) pays 3.25% more than Scarborough ($103,556 effective).

Lewiston
Nominal: $106,492
CoL Index: 99.6
Adjusted: $106,920
Scarborough
Nominal: $103,142
CoL Index: 99.6
Adjusted: $103,556

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

Which City Is Right for You?

Choose Lewiston if…

  • Higher median salary ($106,492/year)
  • Better top-earner potential ($165,063)
  • Larger job market (7 employed)
  • Better purchasing power (CoL-adjusted: $106,920)
  • You prefer the Maine area and lifestyle

Choose Scarborough if…

  • You prefer the Maine area and lifestyle

Historical Salary Growth Comparison

Based on BLS OEWS metropolitan area data, financial advisor salaries in Lewiston grew -23.4% from 2020 to 2025, compared to 14.2% growth in Scarborough over the same period.

Lewiston, ME

+-23.4%

$134,670 (2020) → $103,090 (2025)

Scarborough, ME

+14.2%

$87,426 (2024) → $99,847 (2025)

View Full Salary Data

Frequently Asked Questions

Which city pays financial advisors more: Lewiston or Scarborough?

Lewiston has a higher median financial advisor salary at $106,492/year, compared to Scarborough at $103,142/year — a difference of $3,350 (3.25%).

What is the hourly rate difference between Lewiston and Scarborough?

Lewiston financial advisors earn $51.20/hr while Scarborough hygienists earn $49.58/hr (2026 est.).

Should I relocate from Lewiston to Scarborough as a financial advisor?

Consider more than just salary when comparing Lewiston and Scarborough. Factor in cost of living (CoL-adjusted: Lewiston = $106,920, Scarborough = $103,556), job availability (7 vs 5 employed), commute, and career growth potential.

What do entry-level financial advisors earn in Lewiston vs Scarborough?

Entry-level (10th percentile) financial advisors earn $61,765 in Lewiston and $59,822 in Scarborough. The Lewiston 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