Personal Financial Advisors Salary
The median pay for a personal financial advisors in Lawrence, KS is $91,780/year ($44.12/hour), per BLS data. The range runs from $60K at the entry level to $199K for experienced workers. Cost of living is below average (RPP 90.24), which stretches that salary to about $101,707 in buying power. Rent on a 2-bedroom averages $1,182/month, or 20.4% of estimated take-home pay.
So what does $92K get you in Lawrence?
Groceries, utilities, transportation, and healthcare scaled from national averages by Lawrence’s Regional Price Parity (90.24). Rent from HUD Fair Market Rents. Taxes estimated for single filer, standard deduction. * Healthcare is the employee-paid share only (premiums + out-of-pocket). Actual costs vary by coverage type: employer-sponsored, ACA marketplace, or uninsured.
About personal financial advisors
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What this looks like in Lawrence
Pay for personal financial advisors in Lawrence runs about 13% below the U.S. median of $105K. Housing is manageable: a 2-bedroom at the HUD median costs $1,182/month, 20.7% of take-home, well inside the 30% guideline. Regional Price Parity sits at 90.24 (national = 100), meaning everyday costs run about 10% cheaper here. Your dollar stretches further than the headline salary suggests. Lower pay, lower costs, Lawrence can be a reasonable trade-off for personal financial advisorss who value affordability over top-dollar markets.
Compared to nearby metros
Median pay for personal financial advisors in metros near Lawrence, adjusted for local cost of living.
| Metro | Median pay | COL-adjusted |
|---|---|---|
| Wichita | $81K | $91K |
| Topeka | $96K | $108K |
| Manhattan | $83K | $92K |
| Grand Junction | $104K | , |
COL-adjusted = median salary ÷ (BEA Regional Price Parity ÷ 100). Expresses purchasing power in national-average dollars.
Compensation breakdown
Annual earnings by percentile, Lawrence, KS
Entry-level personal financial advisors (10th percentile) start around $60K. Mid-career wages sit at $92K. Top earners bring in $199K or more, a $139K spread from bottom to top.
Personal Financial Advisors pay across states
Median income ranked highest to lowest, compared to the national figure
View Personal Financial Advisors salary in all states
| State | Median salary | vs. national | Employment |
|---|---|---|---|
| New York | $166K | +58% | 21,550 |
| New Jersey | $159K | +51% | 9,300 |
| California | $130K | +24% | 32,200 |
| Connecticut | $130K | +23% | N/A |
| South Dakota | $129K | +23% | 620 |
| Massachusetts | $126K | +20% | N/A |
| Delaware | $125K | +19% | N/A |
| Oregon | $123K | +17% | 3,070 |
| Illinois | $120K | +14% | 9,760 |
| Wisconsin | $119K | +14% | 5,200 |
| Washington | $114K | +9% | 5,790 |
| Vermont | $110K | +5% | 520 |
| Pennsylvania | $105K | +0% | 12,200 |
| District of Columbia | $105K | -0% | 480 |
| Minnesota | $103K | -2% | 5,280 |
| Virginia | $103K | -2% | 6,340 |
| Kansas | $103K | -2% | 4,150 |
| Georgia | $101K | -3% | 6,830 |
| Florida | $101K | -4% | 21,490 |
| Missouri | $100K | -5% | 4,480 |
| Maryland | $100K | -5% | 5,260 |
| Texas | $99K | -6% | 18,200 |
| Montana | $97K | -7% | N/A |
| Arizona | $97K | -8% | 6,430 |
| North Carolina | $97K | -8% | 12,340 |
| New Hampshire | $97K | -8% | 1,850 |
| South Carolina | $96K | -8% | 2,400 |
| Idaho | $94K | -10% | 760 |
| New Mexico | $94K | -10% | 610 |
| Nebraska | $93K | -11% | 2,210 |
| Nevada | $93K | -12% | 1,730 |
| Iowa | $92K | -12% | 1,920 |
| Ohio | $91K | -13% | 7,680 |
| Colorado | $89K | -15% | 6,730 |
| Indiana | $88K | -17% | 5,400 |
| Tennessee | $84K | -20% | 3,970 |
| Rhode Island | $80K | -24% | 1,130 |
| West Virginia | $80K | -24% | 670 |
| Arkansas | $79K | -24% | 1,320 |
| Alaska | $79K | -25% | N/A |
| Alabama | $78K | -26% | 2,540 |
| Michigan | $78K | -26% | 6,570 |
| Wyoming | $77K | -26% | 310 |
| Utah | $77K | -26% | 2,520 |
| North Dakota | $77K | -27% | 540 |
| Hawaii | $76K | -28% | 550 |
| Oklahoma | $69K | -35% | 1,140 |
| Kentucky | $67K | -36% | 2,040 |
| Mississippi | $63K | -40% | 790 |
Showing 1–10 of 49 states with published data
BLS does not publish data for every state when sample sizes are too small
Track personal financial advisors salary changes
BLS updates this data quarterly. We'll email you when Lawrence numbers change.
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Frequently asked questions
Can a personal financial advisor afford a 2BR apartment alone in Lawrence?
Yes — at the median salary of $92K, rent takes 20.7% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $1,182/month. That stays under the 30% guideline most financial planners use.
What’s the entry-level salary for personal financial advisors in Lawrence?
The 10th-percentile wage — what new personal financial advisors typically earn — is $60K/year. Take-home on that works out to about $3,595/month. At HUD’s $1,182/month FMR, rent would take 33% of that take-home — above the 30% guideline, so a 1-bedroom or shared housing is likely necessary starting out.
Is personal financial advisor a high-paying job in Lawrence?
Local pay runs 13% below the national median — $92K here vs. $105K nationally. Cost of living is 10% below the national average, which narrows that gap in real purchasing power.
How does Lawrence compare to the national average for personal financial advisors?
Lawrence pays $92K median vs. the U.S. average of $105K — that’s -13%. After adjusting for local cost of living (RPP 90.24), the purchasing-power equivalent is $102K — below the national median.
How much do personal financial advisors make in Lawrence, KS?
The median is $91,780 a year, that works out to about $44 an hour. But the range is wide: entry-level workers start around $59,920, and experienced personal financial advisors can clear $198,940. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $92K enough to live in Lawrence?
On that salary, you'd take home roughly $5,698/month after taxes. A 2-bedroom here rents for about $1,182/month, which eats 20.7% of your paycheck. That's under the 30% guideline most financial planners use, so the numbers work.
How far does a personal financial advisors salary go in Lawrence?
Lawrence has a Regional Price Parity of 90.24 (100 is the national average). That's below average, your money stretches further here than the raw salary number suggests. After cost-of-living adjustment, the median personal financial advisors salary is worth about $101,707 in national-average purchasing power.
Where do personal financial advisors get paid the most?
The table above ranks every state by median pay for this role. Keep in mind that the highest-paying states tend to have the highest costs of living, so the top salary doesn't always mean the most money in your pocket.