Financial Advisor Pay

New York vs Buffalo: Financial Advisor Salary (2026)

Compare financial advisor salaries between New York, NY and Buffalo, NY. All figures are 2026 estimates projected from BLS 2025 data.

New York, NY
$175,662
$84.45/hr
Buffalo, NY
$107,070
$51.47/hr

Side-by-Side Comparison

MetricNew York, NYBuffalo, NY
Median Salary$175,662$107,070
Hourly Rate$84.45$51.47
Entry Level (P10)$84,210$62,290
25th Percentile$115,696$69,872
75th Percentile$312,266$181,322
Top Earner (P90)$434,511$386,363
Total Employed23,980690
Side-by-side bar chart comparing New York ($175,662) and Buffalo ($107,070) financial advisor salaries.New YorkBuffaloMedian Salary$175,662$107,070Entry Level (P10)$84,210$62,290Top Earner (P90)$434,511$386,363US Median $108,537

Verdict

New York, NY offers better overall compensation for financial advisors, winning 4 out of 4 metrics compared to Buffalo.

The salary gap between New York and Buffalo is $68,592 (64.06%). New York's median is +61.85% compared to the US national median of $108,537.

Salary Range Comparison

The full salary range (10th to 90th percentile) in New York spans $350,301,Buffalo spans $324,073. New York has a wider pay range, meaning more potential for high earners but also more variation.

New York
P10 (Entry)$84,210
P25$115,696
Median$175,662
P75$312,266
P90 (Top)$434,511
Buffalo
P10 (Entry)$62,290
P25$69,872
Median$107,070
P75$181,322
P90 (Top)$386,363

Cost-of-Living Adjusted Comparison

After cost-of-living adjustment, New York ($156,057 effective) pays 39.69% more than Buffalo ($111,713 effective).

New York
Nominal: $175,662
CoL Index: 112.563
Adjusted: $156,057
Buffalo
Nominal: $107,070
CoL Index: 95.844
Adjusted: $111,713

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

Which City Is Right for You?

Choose New York if…

  • Higher median salary ($175,662/year)
  • Better top-earner potential ($434,511)
  • Larger job market (23,980 employed)
  • Better purchasing power (CoL-adjusted: $156,057)
  • You prefer the New York area and lifestyle

Choose Buffalo if…

  • You prefer the New York area and lifestyle

Historical Salary Growth Comparison

Based on BLS OEWS metropolitan area data, financial advisor salaries in New York grew 20.9% from 2019 to 2025, compared to 9.0% growth in Buffalo over the same period.

New York, NY

+20.9%

$140,620 (2019) → $170,050 (2025)

Buffalo, NY

+9.0%

$95,080 (2019) → $103,650 (2025)

View Full Salary Data

Frequently Asked Questions

Which city pays financial advisors more: New York or Buffalo?

New York has a higher median financial advisor salary at $175,662/year, compared to Buffalo at $107,070/year — a difference of $68,592 (64.06%).

What is the hourly rate difference between New York and Buffalo?

New York financial advisors earn $84.45/hr while Buffalo hygienists earn $51.47/hr (2026 est.).

Should I relocate from New York to Buffalo as a financial advisor?

Consider more than just salary when comparing New York and Buffalo. Factor in cost of living (CoL-adjusted: New York = $156,057, Buffalo = $111,713), job availability (23,980 vs 690 employed), commute, and career growth potential.

What do entry-level financial advisors earn in New York vs Buffalo?

Entry-level (10th percentile) financial advisors earn $84,210 in New York and $62,290 in Buffalo. The New York 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