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

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

Wisconsin is 7.7% cheaper than the US average

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

Nominal Salary

$115,680

Median annual (2024)

→ +8.3%

Real Purchasing Power

$125,330

COL-adjusted (RPP=92.3)

Wisconsin Cost of Living Index

Wisconsin's Regional Price Parity (RPP) is 92.3, meaning prices are 7.7% lower the national average. A Financial Advisor earning $115,680 in Wisconsin has the equivalent purchasing power of $125,330 in an average-cost US state.

WI: 92.3

Cheapest (~85) US Avg (100) Priciest (~115)

Key Insight

A Financial Advisor in Wisconsin earns $115,680 on paper, but low living costs mean your money goes 8% further — like earning $125,330 in an average-cost state. This makes Wisconsin 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.

1. New York

$156,105

RPP 107.6

2. Idaho

$148,627

RPP 91.8

3. South Dakota

$140,204

RPP 88.0

4. Delaware

$130,785

RPP 98.0

5. Wisconsin

$125,330

RPP 92.3

6. Maryland

$116,676

RPP 105.0

7. California

$114,355

RPP 112.5

8. New Jersey

$113,685

RPP 108.8

9. Kansas

$112,011

RPP 90.0

10. North Dakota

$111,600

RPP 88.7

Wisconsin ranks #5 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 Wisconsin after cost of living?

A Financial Advisor in Wisconsin earns a median salary of $115,680 per year. After adjusting for Wisconsin's cost of living (RPP=92.3), the real purchasing power is $125,330 — a +8.3% difference.

Is Wisconsin expensive to live in?

Wisconsin's cost of living is 7.7% lower than the national average according to the BEA Regional Price Parities (2022). The RPP index for Wisconsin is 92.3 (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 Wisconsin: $115,680 x (100 / 92.3) = $125,330. This represents what the salary would be worth in a state with average living costs.

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

From a purchasing power perspective, yes. A Financial Advisor in Wisconsin enjoys 8.3% 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.