Financial Advisor Salary: San Diego, CA vs Boston, MA
BLS reports this occupation as "Personal Financial Advisors" (13-2052); every figure on this page is for that BLS occupation.
Side-by-side comparison of wages and local price levels for Financial Advisors in San Diego, CA and Boston, MA, based on BLS OEWS May 2025 wage data and BEA regional price parities for 2024.
1Which City Pays More?
Detailed Comparison
| Metric | San Diego, CA | Boston, MA | Diff |
|---|---|---|---|
| Median Annual Salary | $130,330▲ | $126,530 | +$3,800 |
| 25th Percentile | $95,550▲ | $83,810 | +$11,740 |
| 75th Percentile | $189,690▲ | $176,060 | +$13,630 |
| 90th Percentile | $405,540 | $486,690▲ | -$81,150 |
| Price Level (BEA 2024, US = 100) | 111.9 | 108.3 | +3.6 |
| Median at National-Average Prices | $116,484 | $116,870▲ | -$386 |
3Summary Analysis
On paper, San Diego, CA pays $3,800 more (median: $130,330 vs $126,530). BEA's regional price parity is 111.9 in San Diego, CA and 108.3 in Boston, MA (United States = 100). At national-average prices the medians are $116,484 and $116,870, so Boston, MA comes out ahead once local prices are counted.
5Reading This Comparison
The $3,800 gap between the two medians is a gap in dollars, not in what those dollars buy. Dividing each median by its area's regional price parity restates it at national-average prices: $116,484 for San Diego and $116,870 for Boston, a difference of $386.
The price levels come from the U.S. Bureau of Economic Analysis, which describes them this way: “Regional price parities (RPPs) measure the differences in price levels across states and metropolitan areas for a given year and are expressed as a percentage of the overall national price level.” The figures used here are the all-items index for each whole metropolitan area (San Diego-Chula Vista-Carlsbad, CA; Boston-Cambridge-Newton, MA-NH) and cover prices only, not taxes.
For broader context, see our California overview and the full Financial Advisor city ranking.
Frequently Asked Questions
Is Financial Advisor salary higher in San Diego, CA or Boston, MA?
San Diego, CA has the higher median wage for Financial Advisors ($130,330 per year, against $126,530 in Boston, MA; BLS OEWS May 2025). Restated at national-average prices using BEA regional price parities, the medians are $116,484 in San Diego, CA and $116,870 in Boston, MA.
How do prices compare between San Diego, CA and Boston, MA?
The U.S. Bureau of Economic Analysis puts the 2024 regional price parity at 111.9 for the San Diego-Chula Vista-Carlsbad, CA metropolitan area and 108.3 for the Boston-Cambridge-Newton, MA-NH metropolitan area, where the United States is 100. That is 11.9% above the national level for San Diego, CA and 8.3% above the national level for Boston, MA.
Which city pays Financial Advisors more once local prices are counted?
Boston, MA: at national-average prices its median Financial Advisor wage is $116,870, against $116,484 for San Diego, CA. The adjustment divides each median by the area's BEA regional price parity and covers prices only, not taxes.