Financial Advisor Salary: San Francisco, 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 Francisco, 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 Francisco, CA | Boston, MA | Diff |
|---|---|---|---|
| Median Annual Salary | $160,610▲ | $126,530 | +$34,080 |
| 25th Percentile | $105,850▲ | $83,810 | +$22,040 |
| 75th Percentile | $293,030▲ | $176,060 | +$116,970 |
| 90th Percentile | $450,120 | $486,690▲ | -$36,570 |
| Price Level (BEA 2024, US = 100) | 115.6 | 108.3 | +7.3 |
| Median at National-Average Prices | $138,920▲ | $116,870 | +$22,050 |
3Summary Analysis
On paper, San Francisco, CA pays $34,080 more (median: $160,610 vs $126,530). BEA's regional price parity is 115.6 in San Francisco, CA and 108.3 in Boston, MA (United States = 100). At national-average prices the medians are $138,920 and $116,870, so San Francisco, CA comes out ahead once local prices are counted.
5Reading This Comparison
The $34,080 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: $138,920 for San Francisco and $116,870 for Boston, a difference of $22,050.
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 Francisco-Oakland-Fremont, 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 Francisco, CA or Boston, MA?
San Francisco, CA has the higher median wage for Financial Advisors ($160,610 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 $138,920 in San Francisco, CA and $116,870 in Boston, MA.
How do prices compare between San Francisco, CA and Boston, MA?
The U.S. Bureau of Economic Analysis puts the 2024 regional price parity at 115.6 for the San Francisco-Oakland-Fremont, CA metropolitan area and 108.3 for the Boston-Cambridge-Newton, MA-NH metropolitan area, where the United States is 100. That is 15.6% above the national level for San Francisco, CA and 8.3% above the national level for Boston, MA.
Which city pays Financial Advisors more once local prices are counted?
San Francisco, CA: at national-average prices its median Financial Advisor wage is $138,920, against $116,870 for Boston, MA. The adjustment divides each median by the area's BEA regional price parity and covers prices only, not taxes.