Financial Advisor Pay

Chicago vs Decatur: Financial Advisor Salary (2026)

Compare financial advisor salaries between Chicago, IL and Decatur, IL. All figures are 2026 estimates projected from BLS 2025 data.

Chicago, IL
$116,946
$56.23/hr
Decatur, IL
$117,704
$56.59/hr

Side-by-Side Comparison

MetricChicago, ILDecatur, IL
Median Salary$116,946$117,704
Hourly Rate$56.23$56.59
Entry Level (P10)$52,735$68,269
25th Percentile$73,591$84,747
75th Percentile$178,957$150,661
Top Earner (P90)$333,081$182,441
Total Employed8,37013
Side-by-side bar chart comparing Chicago ($116,946) and Decatur ($117,704) financial advisor salaries.ChicagoDecaturMedian Salary$116,946$117,704Entry Level (P10)$52,735$68,269Top Earner (P90)$333,081$182,441US Median $108,537

Verdict

Chicago and Decatur are closely matched on overall financial advisor compensation, each winning on different metrics.

The salary gap between Chicago and Decatur is $758 (0.65%). Decatur's median is +8.45% compared to the US national median of $108,537.

Salary Range Comparison

The full salary range (10th to 90th percentile) in Chicago spans $280,346,Decatur spans $114,172. Chicago has a wider pay range, meaning more potential for high earners but also more variation.

Chicago
P10 (Entry)$52,735
P25$73,591
Median$116,946
P75$178,957
P90 (Top)$333,081
Decatur
P10 (Entry)$68,269
P25$84,747
Median$117,704
P75$150,661
P90 (Top)$182,441

Cost-of-Living Adjusted Comparison

After cost-of-living adjustment, Decatur ($121,219 effective) pays 7.38% more than Chicago ($112,888 effective).

Chicago
Nominal: $116,946
CoL Index: 103.595
Adjusted: $112,888
Decatur
Nominal: $117,704
CoL Index: 97.1
Adjusted: $121,219

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

Which City Is Right for You?

Choose Chicago if…

  • Better top-earner potential ($333,081)
  • Larger job market (8,370 employed)
  • You prefer the Illinois area and lifestyle

Choose Decatur if…

  • Higher median salary ($117,704/year)
  • Better purchasing power (CoL-adjusted: $121,219)
  • You prefer the Illinois area and lifestyle

Historical Salary Growth Comparison

Based on BLS OEWS metropolitan area data, financial advisor salaries in Chicago grew -1.1% from 2019 to 2025, compared to 19.6% growth in Decatur over the same period.

Chicago, IL

+-1.1%

$114,460 (2019) → $113,210 (2025)

Decatur, IL

+19.6%

$95,260 (2021) → $113,944 (2025)

View Full Salary Data

Frequently Asked Questions

Which city pays financial advisors more: Chicago or Decatur?

Decatur has a higher median financial advisor salary at $117,704/year, compared to Chicago at $116,946/year — a difference of $758 (0.65%).

What is the hourly rate difference between Chicago and Decatur?

Chicago financial advisors earn $56.23/hr while Decatur hygienists earn $56.59/hr (2026 est.).

Should I relocate from Chicago to Decatur as a financial advisor?

Consider more than just salary when comparing Chicago and Decatur. Factor in cost of living (CoL-adjusted: Chicago = $112,888, Decatur = $121,219), job availability (8,370 vs 13 employed), commute, and career growth potential.

What do entry-level financial advisors earn in Chicago vs Decatur?

Entry-level (10th percentile) financial advisors earn $52,735 in Chicago and $68,269 in Decatur. The Decatur 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