Financial Advisor · Salary Comparison · 2026
Financial Advisor Salary: Salt Lake City, UT vs New York, NY
Side-by-side comparison of salary, taxes, cost of living, and take-home pay for Financial Advisors in Salt Lake City, UT and New York, NY, based on BLS OEWS 2026 data.
1Which City Pays More After Tax?
Higher Gross Salary
✓ New York, NY
$86,000 vs $121,000
Better Purchasing Power
✓ Salt Lake City, UT
$76,786 vs $64,706
Best Take-Home (COL-Adj)
✓ Salt Lake City, UT
$67,651 vs $55,693
2
Detailed Comparison
| Metric | Salt Lake City, UT | New York, NY | Diff |
|---|---|---|---|
| Median Annual Salary | $86,000 | $121,000▲ | -$35,000 |
| 25th Percentile | $66,220 | $93,170▲ | -$26,950 |
| 75th Percentile | $110,080 | $154,880▲ | -$44,800 |
| 90th Percentile | $137,600 | $193,600▲ | -$56,000 |
| Cost of Living Index | 112 | 187 | -75 |
| State Income Tax | 4.65%▲ | 6.85% | -2.1999999999999993% |
| COL-Adjusted Median | $76,786▲ | $64,706 | +$12,080 |
| Est. Annual Take-Home | $75,769 | $104,145▲ | -$28,376 |
| COL-Adj. Take-Home | $67,651▲ | $55,693 | +$11,958 |
| Total Employment | 14,400 | 54,400 | -40,000 |
▲ = Higher value wins for this metric. Diff = Salt Lake City, UT minus New York, NY.
3Summary Analysis
On paper, New York, NY pays $35,000 more (median: $86,000 vs $121,000). However, after adjusting for cost of living (index 112 vs 187), Salt Lake City, UT provides better purchasing power ($76,786 vs $64,706 equivalent). Salt Lake City, UT has the lower state tax rate (4.65% vs 6.85%).
Data: U.S. Bureau of Labor Statistics OEWS · 2026 · Cost-of-living indices from composite metro area data. Take-home estimates approximate only — consult a tax professional for accurate figures.