Financial Analyst · Salary Comparison · 2026
Financial Analyst Salary: El Paso, TX vs New York, NY
Side-by-side comparison of salary, taxes, cost of living, and take-home pay for Financial Analysts in El Paso, TX and New York, NY, based on BLS OEWS 2026 data.
1Which City Pays More After Tax?
Higher Gross Salary
✓ New York, NY
$62,000 vs $128,000
Better Purchasing Power
✓ El Paso, TX
$72,941 vs $68,449
Best Take-Home (COL-Adj)
✓ El Paso, TX
$67,398 vs $58,914
2
Detailed Comparison
| Metric | El Paso, TX | New York, NY | Diff |
|---|---|---|---|
| Median Annual Salary | $62,000 | $128,000▲ | -$66,000 |
| 25th Percentile | $46,000 | $95,000▲ | -$49,000 |
| 75th Percentile | $81,000 | $170,000▲ | -$89,000 |
| 90th Percentile | $104,000 | $218,000▲ | -$114,000 |
| Cost of Living Index | 85 | 187 | -102 |
| State Income Tax | 0%▲ | 6.85% | -6.85% |
| COL-Adjusted Median | $72,941▲ | $68,449 | +$4,492 |
| Est. Annual Take-Home | $57,288 | $110,170▲ | -$52,882 |
| COL-Adj. Take-Home | $67,398▲ | $58,914 | +$8,484 |
| Total Employment | 3,000 | 42,000 | -39,000 |
▲ = Higher value wins for this metric. Diff = El Paso, TX minus New York, NY.
3Summary Analysis
On paper, New York, NY pays $66,000 more (median: $62,000 vs $128,000). However, after adjusting for cost of living (index 85 vs 187), El Paso, TX provides better purchasing power ($72,941 vs $68,449 equivalent). El Paso, TX has no state income tax, which is a significant advantage.
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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.