Financial Advisor Pay

Cheshire vs New Haven: Financial Advisor Salary (2026)

Compare financial advisor salaries between Cheshire, CT and New Haven, CT. All figures are 2026 estimates projected from BLS 2025 data.

Cheshire, CT
$121,872
$58.59/hr
New Haven, CT
$124,074
$59.66/hr

Side-by-Side Comparison

MetricCheshire, CTNew Haven, CT
Median Salary$121,872$124,074
Hourly Rate$58.59$59.66
Entry Level (P10)$70,686$63,612
25th Percentile$87,748$101,306
75th Percentile$155,996$170,755
Top Earner (P90)$188,902$417,549
Total Employed4320
Side-by-side bar chart comparing Cheshire ($121,872) and New Haven ($124,074) financial advisor salaries.CheshireNew HavenMedian Salary$121,872$124,074Entry Level (P10)$70,686$63,612Top Earner (P90)$188,902$417,549US Median $108,537

Verdict

New Haven, CT offers better overall compensation for financial advisors, winning 4 out of 4 metrics compared to Cheshire.

The salary gap between Cheshire and New Haven is $2,202 (1.81%). New Haven's median is +14.31% compared to the US national median of $108,537.

Salary Range Comparison

The full salary range (10th to 90th percentile) in Cheshire spans $118,216,New Haven spans $353,937. New Haven has a wider pay range, suggesting more variation in pay between entry-level and experienced financial advisors.

Cheshire
P10 (Entry)$70,686
P25$87,748
Median$121,872
P75$155,996
P90 (Top)$188,902
New Haven
P10 (Entry)$63,612
P25$101,306
Median$124,074
P75$170,755
P90 (Top)$417,549

Cost-of-Living Adjusted Comparison

After cost-of-living adjustment, New Haven ($118,664 effective) pays 5.06% more than Cheshire ($112,949 effective).

Cheshire
Nominal: $121,872
CoL Index: 107.9
Adjusted: $112,949
New Haven
Nominal: $124,074
CoL Index: 104.559
Adjusted: $118,664

Cost-of-living adjustment: salary × (100 / CoL index). Index of 100 = national average.

Which City Is Right for You?

Choose Cheshire if…

  • You prefer the Connecticut area and lifestyle

Choose New Haven if…

  • Higher median salary ($124,074/year)
  • Better top-earner potential ($417,549)
  • Larger job market (320 employed)
  • Better purchasing power (CoL-adjusted: $118,664)
  • You prefer the Connecticut area and lifestyle

Historical Salary Growth Comparison

Based on BLS OEWS metropolitan area data, financial advisor salaries in Cheshire grew -22.6% from 2024 to 2025, compared to 32.7% growth in New Haven over the same period.

Cheshire, CT

+-22.6%

$152,466 (2024) → $117,979 (2025)

New Haven, CT

+32.7%

$90,500 (2019) → $120,110 (2025)

View Full Salary Data

Frequently Asked Questions

Which city pays financial advisors more: Cheshire or New Haven?

New Haven has a higher median financial advisor salary at $124,074/year, compared to Cheshire at $121,872/year — a difference of $2,202 (1.81%).

What is the hourly rate difference between Cheshire and New Haven?

Cheshire financial advisors earn $58.59/hr while New Haven hygienists earn $59.66/hr (2026 est.).

Should I relocate from Cheshire to New Haven as a financial advisor?

Consider more than just salary when comparing Cheshire and New Haven. Factor in cost of living (CoL-adjusted: Cheshire = $112,949, New Haven = $118,664), job availability (4 vs 320 employed), commute, and career growth potential.

What do entry-level financial advisors earn in Cheshire vs New Haven?

Entry-level (10th percentile) financial advisors earn $70,686 in Cheshire and $63,612 in New Haven. The Cheshire area offers higher starting salaries.

Related Comparisons

JL

Written by Jordan Lee, CFP

Career Analyst

Jordan has over 10 years of experience in financial planning. They specialize in retirement planning for individuals. They work at a financial services firm in New York City.

Clinically reviewed by Sophia Martinez, CFAData verified by Ethan Wang, ChFC

Methodology & Data Source

All salary figures are 2026 projections based on BLS OEWS May 2025 data. A 3.30% CAGR (derived from 6-year national BLS trends) was applied to estimate current compensation. Cost-of-living adjustments use BEA Regional Price Parity data. Actual salaries vary by employer, certifications, and experience.

Data Sources & Methodology

Source: BLS, OEWS , released .

Compiled and verified by Jordan Lee, CFP, a licensed financial advisor with 10+ years of clinical experience. · View source data at BLS.gov