Securities, Commodities, and Financial Services Sales Agents Salary in New York: Cost of Living Adjusted (2024)

What does a Securities, Commodities, and Financial Services Sales Agents salary really buy you in New York?

New York is 7.6% pricier than the US average

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

Nominal Salary

$167,040

Median annual (2024)

→ -7.1%

Real Purchasing Power

$155,241

COL-adjusted (RPP=107.6)

New York Cost of Living Index

New York's Regional Price Parity (RPP) is 107.6, meaning prices are 7.6% higher the national average. A Securities, Commodities, and Financial Services Sales Agents earning $167,040 in New York has the equivalent purchasing power of $155,241 in an average-cost US state.

NY: 107.6

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

Key Insight

While $167,040 sounds high, New York's elevated cost of living erases 7% of that salary's purchasing power. Your real buying power is $155,241. Consider whether the higher pay offsets the higher costs.

Best States for Securities, Commodities, and Financial Services Sales Agents (After Cost of Living)

Where does Securities, Commodities, and Financial Services Sales Agents salary stretch the furthest? Top 10 states ranked by COL-adjusted median salary.

1. New York

$155,241

RPP 107.6

2. Connecticut

$123,110

RPP 106.4

3. South Dakota

$110,181

RPP 88.0

4. New Jersey

$88,667

RPP 108.8

5. Nebraska

$87,138

RPP 89.8

6. Idaho

$82,886

RPP 91.8

7. Kansas

$81,633

RPP 90.0

8. Minnesota

$81,514

RPP 97.7

9. Indiana

$81,492

RPP 91.8

10. Delaware

$81,428

RPP 98.0

New York ranks #1 out of 48 states for Securities, Commodities, and Financial Services Sales Agents after cost-of-living adjustment.

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Frequently Asked Questions

What is the real salary for a Securities, Commodities, and Financial Services Sales Agents in New York after cost of living?

A Securities, Commodities, and Financial Services Sales Agents in New York earns a median salary of $167,040 per year. After adjusting for New York's cost of living (RPP=107.6), the real purchasing power is $155,241 — a -7.1% difference.

Is New York expensive to live in?

New York's cost of living is 7.6% higher than the national average according to the BEA Regional Price Parities (2022). The RPP index for New York is 107.6 (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 Securities, Commodities, and Financial Services Sales Agents in New York: $167,040 x (100 / 107.6) = $155,241. This represents what the salary would be worth in a state with average living costs.

Does the high cost of living in New York offset the salary?

Partially — a Securities, Commodities, and Financial Services Sales Agents's nominal salary of $167,040 in New York has 7.1% less purchasing power due to higher living costs. The real value is $155,241. However, New York may offer better career opportunities, networking, and industry access.