Financial Advisor Pay

New York vs Rochester: Financial Advisor Salary (2026)

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

New York, NY
$175,662
$84.45/hr
Rochester, NY
$104,488
$50.23/hr

Side-by-Side Comparison

MetricNew York, NYRochester, NY
Median Salary$175,662$104,488
Hourly Rate$84.45$50.23
Entry Level (P10)$84,210$63,209
25th Percentile$115,696$74,944
75th Percentile$312,266$180,093
Top Earner (P90)$434,511$295,758
Total Employed23,980820
Side-by-side bar chart comparing New York ($175,662) and Rochester ($104,488) financial advisor salaries.New YorkRochesterMedian Salary$175,662$104,488Entry Level (P10)$84,210$63,209Top Earner (P90)$434,511$295,758US Median $108,537

Verdict

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

The salary gap between New York and Rochester is $71,174 (68.12%). 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,Rochester spans $232,549. 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
Rochester
P10 (Entry)$63,209
P25$74,944
Median$104,488
P75$180,093
P90 (Top)$295,758

Cost-of-Living Adjusted Comparison

After cost-of-living adjustment, New York ($156,057 effective) pays 44.93% more than Rochester ($107,681 effective).

New York
Nominal: $175,662
CoL Index: 112.563
Adjusted: $156,057
Rochester
Nominal: $104,488
CoL Index: 97.035
Adjusted: $107,681

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 Rochester 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 10.3% growth in Rochester over the same period.

New York, NY

+20.9%

$140,620 (2019) → $170,050 (2025)

Rochester, NY

+10.3%

$91,670 (2019) → $101,150 (2025)

View Full Salary Data

Frequently Asked Questions

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

New York has a higher median financial advisor salary at $175,662/year, compared to Rochester at $104,488/year — a difference of $71,174 (68.12%).

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

New York financial advisors earn $84.45/hr while Rochester hygienists earn $50.23/hr (2026 est.).

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

Consider more than just salary when comparing New York and Rochester. Factor in cost of living (CoL-adjusted: New York = $156,057, Rochester = $107,681), job availability (23,980 vs 820 employed), commute, and career growth potential.

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

Entry-level (10th percentile) financial advisors earn $84,210 in New York and $63,209 in Rochester. 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