Financial Advisor Pay

Monroe vs New Orleans: Financial Advisor Salary (2026)

Compare financial advisor salaries between Monroe, LA and New Orleans, LA. All figures are 2026 estimates projected from BLS 2025 data.

Monroe, LA
$68,982
$33.16/hr
New Orleans, LA
$77,465
$37.24/hr

Side-by-Side Comparison

MetricMonroe, LANew Orleans, LA
Median Salary$68,982$77,465
Hourly Rate$33.16$37.24
Entry Level (P10)$40,009$44,574
25th Percentile$49,667$49,088
75th Percentile$88,297$146,386
Top Earner (P90)$106,922$417,001
Total Employed7440
Side-by-side bar chart comparing Monroe ($68,982) and New Orleans ($77,465) financial advisor salaries.MonroeNew OrleansMedian Salary$68,982$77,465Entry Level (P10)$40,009$44,574Top Earner (P90)$106,922$417,001US Median $108,537

Verdict

New Orleans, LA offers better overall compensation for financial advisors, winning 4 out of 4 metrics compared to Monroe.

The salary gap between Monroe and New Orleans is $8,483 (12.30%). New Orleans's median is -28.63% compared to the US national median of $108,537.

Salary Range Comparison

The full salary range (10th to 90th percentile) in Monroe spans $66,913,New Orleans spans $372,427. New Orleans has a wider pay range, suggesting more variation in pay between entry-level and experienced financial advisors.

Monroe
P10 (Entry)$40,009
P25$49,667
Median$68,982
P75$88,297
P90 (Top)$106,922
New Orleans
P10 (Entry)$44,574
P25$49,088
Median$77,465
P75$146,386
P90 (Top)$417,001

Cost-of-Living Adjusted Comparison

After cost-of-living adjustment, New Orleans ($83,658 effective) pays 9.51% more than Monroe ($76,392 effective).

Monroe
Nominal: $68,982
CoL Index: 90.3
Adjusted: $76,392
New Orleans
Nominal: $77,465
CoL Index: 92.597
Adjusted: $83,658

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

Which City Is Right for You?

Choose Monroe if…

  • You prefer the Louisiana area and lifestyle

Choose New Orleans if…

  • Higher median salary ($77,465/year)
  • Better top-earner potential ($417,001)
  • Larger job market (440 employed)
  • Better purchasing power (CoL-adjusted: $83,658)
  • You prefer the Louisiana area and lifestyle

Historical Salary Growth Comparison

Based on BLS OEWS metropolitan area data, financial advisor salaries in Monroe grew 59.3% from 2019 to 2025, compared to -26.7% growth in New Orleans over the same period.

Monroe, LA

+59.3%

$41,910 (2019) → $66,778 (2025)

New Orleans, LA

+-26.7%

$102,280 (2019) → $74,990 (2025)

View Full Salary Data

Frequently Asked Questions

Which city pays financial advisors more: Monroe or New Orleans?

New Orleans has a higher median financial advisor salary at $77,465/year, compared to Monroe at $68,982/year — a difference of $8,483 (12.30%).

What is the hourly rate difference between Monroe and New Orleans?

Monroe financial advisors earn $33.16/hr while New Orleans hygienists earn $37.24/hr (2026 est.).

Should I relocate from Monroe to New Orleans as a financial advisor?

Consider more than just salary when comparing Monroe and New Orleans. Factor in cost of living (CoL-adjusted: Monroe = $76,392, New Orleans = $83,658), job availability (7 vs 440 employed), commute, and career growth potential.

What do entry-level financial advisors earn in Monroe vs New Orleans?

Entry-level (10th percentile) financial advisors earn $40,009 in Monroe and $44,574 in New Orleans. The New Orleans area offers higher starting salaries.
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