Rochester vs Shoreview: Financial Advisor Salary (2026)
Compare financial advisor salaries between Rochester, MN and Shoreview, MN. All figures are 2026 estimates projected from BLS 2025 data.
Side-by-Side Comparison
| Metric | Rochester, MN | Shoreview, MN |
|---|---|---|
| Median Salary | $98,424▲ | $80,614 |
| Hourly Rate | $47.32▲ | $38.76 |
| Entry Level (P10) | $46,878▲ | $46,757 |
| 25th Percentile | $63,963▲ | $58,042 |
| 75th Percentile | $209,472▲ | $103,186 |
| Top Earner (P90) | $305,489▲ | $124,952 |
| Total Employed | 110▲ | 6 |
Verdict
Rochester, MN offers better overall compensation for financial advisors, winning 4 out of 4 metrics compared to Shoreview.
The salary gap between Rochester and Shoreview is $17,810 (22.09%). 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 Rochester spans $258,611,Shoreview spans $78,195. Rochester has a wider pay range, meaning more potential for high earners but also more variation.
Cost-of-Living Adjusted Comparison
After cost-of-living adjustment, Rochester ($108,371 effective) pays 32.42% more than Shoreview ($81,842 effective).
Cost-of-living adjustment: salary × (100 / CoL index). Index of 100 = national average.
Which City Is Right for You?
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
Choose Shoreview if…
- ✓You prefer the Minnesota area and lifestyle
Historical Salary Growth Comparison
Based on BLS OEWS metropolitan area data, financial advisor salaries in Rochester grew 22.4% from 2019 to 2025, compared to -22.6% growth in Shoreview over the same period.
Rochester, MN
$77,860 (2019) → $95,280 (2025)
Shoreview, MN
$100,774 (2024) → $78,039 (2025)
View Full Salary Data
Rochester, MN
Shoreview, MN
Frequently Asked Questions
Which city pays financial advisors more: Rochester or Shoreview?
What is the hourly rate difference between Rochester and Shoreview?
Should I relocate from Rochester to Shoreview as a financial advisor?
What do entry-level financial advisors earn in Rochester vs Shoreview?
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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