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

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

Montana is 9.7% cheaper than the US average

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

Nominal Salary
$96,670
Median annual (2024)
+10.7%
Real Purchasing Power
$107,054
COL-adjusted (RPP=90.3)

Montana Cost of Living Index

Montana's Regional Price Parity (RPP) is 90.3, meaning prices are 9.7% lower the national average. A Financial Advisor earning $96,670 in Montana has the equivalent purchasing power of $107,054 in an average-cost US state.

MT: 90.3
Cheapest (~85) US Avg (100) Priciest (~115)
Key Insight

A Financial Advisor in Montana earns $96,670 on paper, but low living costs mean your money goes 11% further — like earning $107,054 in an average-cost state. This makes Montana one of the best value states for this occupation.

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

Montana ranks #13 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 Montana after cost of living?

A Financial Advisor in Montana earns a median salary of $96,670 per year. After adjusting for Montana's cost of living (RPP=90.3), the real purchasing power is $107,054 — a +10.7% difference.

Is Montana expensive to live in?

Montana's cost of living is 9.7% lower than the national average according to the BEA Regional Price Parities (2022). The RPP index for Montana is 90.3 (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 Montana: $96,670 x (100 / 90.3) = $107,054. This represents what the salary would be worth in a state with average living costs.

Is it better to be a Financial Advisor in Montana financially?

From a purchasing power perspective, yes. A Financial Advisor in Montana enjoys 10.7% more buying power than the nominal salary suggests, because living costs are below the national average. However, other factors like job availability, career growth, and quality of life also matter.

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