Financial Advisor Pay

Rochester vs St. Paul: Financial Advisor Salary (2026)

Compare financial advisor salaries between Rochester, MN and St. Paul, MN. All figures are 2026 estimates projected from BLS 2025 data.

Rochester, MN
$98,424
$47.32/hr
St. Paul, MN
$105,750
$50.84/hr

Side-by-Side Comparison

MetricRochester, MNSt. Paul, MN
Median Salary$98,424$105,750
Hourly Rate$47.32$50.84
Entry Level (P10)$46,878$61,335
25th Percentile$63,963$76,140
75th Percentile$209,472$135,360
Top Earner (P90)$305,489$163,913
Total Employed11080
Side-by-side bar chart comparing Rochester ($98,424) and St. Paul ($105,750) financial advisor salaries.RochesterSt. PaulMedian Salary$98,424$105,750Entry Level (P10)$46,878$61,335Top Earner (P90)$305,489$163,913US Median $108,537

Verdict

Rochester and St. Paul are closely matched on overall financial advisor compensation, each winning on different metrics.

The salary gap between Rochester and St. Paul is $7,326 (7.44%). St. Paul's median is -2.57% 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,St. Paul spans $102,578. Rochester has a wider pay range, meaning more potential for high earners but also more variation.

Rochester
P10 (Entry)$46,878
P25$63,963
Median$98,424
P75$209,472
P90 (Top)$305,489
St. Paul
P10 (Entry)$61,335
P25$76,140
Median$105,750
P75$135,360
P90 (Top)$163,913

Cost-of-Living Adjusted Comparison

After cost-of-living adjustment, Rochester ($108,371 effective) pays 0.94% more than St. Paul ($107,360 effective).

Rochester
Nominal: $98,424
CoL Index: 90.821
Adjusted: $108,371
St. Paul
Nominal: $105,750
CoL Index: 98.5
Adjusted: $107,360

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

Which City Is Right for You?

Choose Rochester if…

  • 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 St. Paul if…

  • Higher median salary ($105,750/year)
  • 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 -7.4% growth in St. Paul over the same period.

Rochester, MN

+22.4%

$77,860 (2019) → $95,280 (2025)

St. Paul, MN

+-7.4%

$110,578 (2024) → $102,372 (2025)

View Full Salary Data

Frequently Asked Questions

Which city pays financial advisors more: Rochester or St. Paul?

St. Paul has a higher median financial advisor salary at $105,750/year, compared to Rochester at $98,424/year — a difference of $7,326 (7.44%).

What is the hourly rate difference between Rochester and St. Paul?

Rochester financial advisors earn $47.32/hr while St. Paul hygienists earn $50.84/hr (2026 est.).

Should I relocate from Rochester to St. Paul as a financial advisor?

Consider more than just salary when comparing Rochester and St. Paul. Factor in cost of living (CoL-adjusted: Rochester = $108,371, St. Paul = $107,360), job availability (110 vs 80 employed), commute, and career growth potential.

What do entry-level financial advisors earn in Rochester vs St. Paul?

Entry-level (10th percentile) financial advisors earn $46,878 in Rochester and $61,335 in St. Paul. The St. Paul 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