Financial Analyst · Salary Comparison · 2026
Financial Analyst Salary: Nashville, TN vs New York, NY
Side-by-side comparison of salary, taxes, cost of living, and take-home pay for Financial Analysts in Nashville, TN and New York, NY, based on BLS OEWS 2026 data.
1Which City Pays More After Tax?
Higher Gross Salary
✓ New York, NY
$80,000 vs $128,000
Better Purchasing Power
✓ Nashville, TN
$72,727 vs $68,449
Best Take-Home (COL-Adj)
✓ Nashville, TN
$67,200 vs $58,914
2
Detailed Comparison
| Metric | Nashville, TN | New York, NY | Diff |
|---|---|---|---|
| Median Annual Salary | $80,000 | $128,000▲ | -$48,000 |
| 25th Percentile | $59,000 | $95,000▲ | -$36,000 |
| 75th Percentile | $104,000 | $170,000▲ | -$66,000 |
| 90th Percentile | $134,000 | $218,000▲ | -$84,000 |
| Cost of Living Index | 110 | 187 | -77 |
| State Income Tax | 0%▲ | 6.85% | -6.85% |
| COL-Adjusted Median | $72,727▲ | $68,449 | +$4,278 |
| Est. Annual Take-Home | $73,920 | $110,170▲ | -$36,250 |
| COL-Adj. Take-Home | $67,200▲ | $58,914 | +$8,286 |
| Total Employment | 7,000 | 42,000 | -35,000 |
▲ = Higher value wins for this metric. Diff = Nashville, TN minus New York, NY.
3Summary Analysis
On paper, New York, NY pays $48,000 more (median: $80,000 vs $128,000). However, after adjusting for cost of living (index 110 vs 187), Nashville, TN provides better purchasing power ($72,727 vs $68,449 equivalent). Nashville, TN 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.