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Financial Advisor Salary in Arizona: Cost of Living Adjusted (2024)

What does a Financial Advisor salary really buy you in Arizona?

Arizona is near the US average cost of living

Data: BLS OEWS 2024 + BEA Regional Price Parities 2022 • Updated 2026-03-31

Nominal Salary
$85,150
Median annual (2024)
+0.1%
Real Purchasing Power
$85,235
COL-adjusted (RPP=99.9)

Arizona Cost of Living Index

Arizona's Regional Price Parity (RPP) is 99.9, meaning prices are 0.1% lower the national average. A Financial Advisor earning $85,150 in Arizona has the equivalent purchasing power of $85,235 in an average-cost US state.

AZ: 99.9
Cheapest (~85) US Avg (100) Priciest (~115)

Salary Breakdown: Nominal vs. COL-Adjusted

Every dollar goes further in low-cost states. Here is how each salary percentile compares after adjusting for Arizona's cost of living.

Percentile Nominal Salary COL-Adjusted Difference
10th Percentile (P10) $45,470 $45,515 +$45
25th Percentile (P25) $50,000 $50,050 +$50
Median (P50) $85,150 $85,235 +$85
75th Percentile (P75) $132,710 $132,842 +$132
90th Percentile (P90) $163,770 $163,933 +$163
Key Insight

Arizona's cost of living is close to the national average, so $85,150 keeps most of its value at $85,235 in real terms. Location choice here is more about career opportunities than cost arbitrage.

Best States for Financial Advisor (After Cost of Living)

Where does Financial Advisor salary stretch the furthest? Top 10 states ranked by COL-adjusted median salary.

$156,105
RPP 107.6
2. Idaho
$148,627
RPP 91.8
$140,204
RPP 88.0
$130,785
RPP 98.0
$125,330
RPP 92.3
$116,676
RPP 105.0
$114,355
RPP 112.5
$113,685
RPP 108.8
9. Kansas
$112,011
RPP 90.0
$111,600
RPP 88.7

Arizona ranks #35 out of 46 states for Financial Advisor after cost-of-living adjustment.

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Frequently Asked Questions

What is the real salary for a Financial Advisor in Arizona after cost of living?

A Financial Advisor in Arizona earns a median salary of $85,150 per year. After adjusting for Arizona's cost of living (RPP=99.9), the real purchasing power is $85,235 — a +0.1% difference.

Is Arizona expensive to live in?

Arizona's cost of living is 0.1% lower than the national average according to the BEA Regional Price Parities (2022). The RPP index for Arizona is 99.9 (US average = 100).

What are Regional Price Parities (RPP)?

Regional Price Parities (RPPs) are price indexes published by the U.S. Bureau of Economic Analysis (BEA) that measure differences in price levels across states. They are expressed as a percentage of the national average (US = 100). Higher RPP means higher cost of living.

How is the cost-of-living adjusted salary calculated?

The adjusted salary is calculated as: Nominal Salary x (100 / RPP). For a Financial Advisor in Arizona: $85,150 x (100 / 99.9) = $85,235. This represents what the salary would be worth in a state with average living costs.

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