Pay vs cost of living
How far does a Financial Advisor's pay go, state by state?
A Financial Advisor's pay leaves the most room in New York — about $10,514/mo take-home against $1,621/mo typical rent — and the least in Oregon.
| State | Est. take-home | Typical rent | Rent share |
|---|---|---|---|
| New York | $10,514/mo | $1,621/mo | 15% |
| Connecticut | $8,067/mo | $1,483/mo | 18% |
| New Jersey | $8,234/mo | $1,656/mo | 20% |
| Louisiana | $6,993/mo | $1,028/mo | 15% |
| South Dakota | $6,856/mo | $910/mo | 13% |
| North Dakota | $6,676/mo | $911/mo | 14% |
| Oklahoma | $6,694/mo | $970/mo | 14% |
| Delaware | $6,966/mo | $1,321/mo | 19% |
| Missouri | $6,572/mo | $997/mo | 15% |
| North Carolina | $6,690/mo | $1,147/mo | 17% |
| Wisconsin | $6,478/mo | $1,033/mo | 16% |
| Vermont | $6,646/mo | $1,207/mo | 18% |
| Pennsylvania | $6,524/mo | $1,176/mo | 18% |
| Rhode Island | $6,534/mo | $1,289/mo | 20% |
| Minnesota | $6,430/mo | $1,230/mo | 19% |
| Indiana | $6,202/mo | $1,022/mo | 16% |
| Virginia | $6,658/mo | $1,547/mo | 23% |
| Georgia | $6,391/mo | $1,320/mo | 21% |
| Idaho | $6,174/mo | $1,163/mo | 19% |
| Illinois | $6,232/mo | $1,246/mo | 20% |
| Massachusetts | $6,495/mo | $1,716/mo | 26% |
| California | $6,716/mo | $1,969/mo | 29% |
| Maryland | $6,401/mo | $1,683/mo | 26% |
| Colorado | $6,269/mo | $1,659/mo | 26% |
| Florida | $6,030/mo | $1,542/mo | 26% |
| Iowa | $5,400/mo | $932/mo | 17% |
| District of Columbia | $6,361/mo | $1,900/mo | 30% |
| Ohio | $5,332/mo | $986/mo | 18% |
| Washington | $5,953/mo | $1,641/mo | 28% |
| Montana | $5,272/mo | $1,031/mo | 20% |
| Kentucky | $5,067/mo | $918/mo | 18% |
| Alaska | $5,506/mo | $1,361/mo | 25% |
| Kansas | $5,089/mo | $1,025/mo | 20% |
| New Mexico | $5,094/mo | $1,034/mo | 20% |
| West Virginia | $4,855/mo | $848/mo | 17% |
| Texas | $5,308/mo | $1,328/mo | 25% |
| New Hampshire | $5,394/mo | $1,424/mo | 26% |
| Tennessee | $5,079/mo | $1,111/mo | 22% |
| South Carolina | $5,064/mo | $1,131/mo | 22% |
| Arizona | $5,320/mo | $1,419/mo | 27% |
| Nebraska | $4,752/mo | $1,017/mo | 21% |
| Michigan | $4,575/mo | $1,072/mo | 23% |
| Arkansas | $4,100/mo | $903/mo | 22% |
| Hawaii | $4,896/mo | $1,927/mo | 39% |
| Utah | $4,245/mo | $1,396/mo | 33% |
| Oregon | $4,187/mo | $1,431/mo | 34% |
Take-home is that state's BLS OEWS 2023 median wage after a rough ~22% tax estimate — a ballpark, not a real paycheck. Rent is population-weighted Census gross rent (utilities included). Neither includes state taxes, insurance, or the cost of moving.