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Financial Analyst Salary in Aberdeen, SD

How much does a financial analyst make in Aberdeen? Explore median, entry-level, and senior salaries adjusted for Aberdeen's cost of living.

Median Salary
$58,673
per year in Aberdeen
Entry Level
$35,076
Starting salary
Senior Level
$81,632
Experienced professionals
Cost of Living
86
14% below national avg

Salary Breakdown by Experience Level

See how financial analyst salaries break down across different pay periods in Aberdeen.

PeriodEntry LevelMedianSenior
Annual$35,076$58,673$81,632
Monthly$2,923$4,889$6,803
Biweekly$1,349$2,257$3,140
Weekly$675$1,128$1,570
Hourly$17$28$39

Aberdeen vs National Average

How Aberdeen's financial analyst salaries compare to national figures.

Aberdeen Salary
$58,673
COL Index: 86
National Average
$83,200
COL Index: 100
Difference
-$24,527
Lower in Aberdeen

Cost of Living in Aberdeen

1-Bedroom Rent
$750
per month
Median Income
$46,821
per year
Population
28,626
residents
Rent % of Income
19.2%
median household
Cost of Living Index: 86 — A score of 100 represents the U.S. average. Salaries in Aberdeen have been adjusted to account for local cost differences.

About Financial Analyst

Overview

Analyze financial data and provide recommendations for investments and business decisions.

Education

Bachelor's degree in Finance, Economics, or related field

Key Skills

Financial AnalysisExcelInvestment ResearchData Analysis

Growth Rate

Expected job growth: +19% over the next decade

Compare Cities: Financial Analyst Salary

See Financial Analyst salaries in other top cities.

New York, NY
$128,490
+119%
Los Angeles, CA
$102,660
+75%
Chicago, IL
$102,790
+75%
Houston, TX
$98,310
+68%
Phoenix, AZ
$91,140
+55%

Financial Tools to Explore

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Financial Analyst Salary in Aberdeen, SD — Complete Guide

Median Salary Overview

The median salary for a financial analyst in Aberdeen, SD is $58,673 per year, adjusted for the local cost of living index of 86. This figure reflects typical earnings for experienced professionals in this role, considering Aberdeen's unique economic conditions.

Salary Range and Experience Levels

Entry-level financial analyst professionals in Aberdeen can expect to earn around $35,076 annually. As professionals gain experience, salaries typically increase, with senior-level financial analysts earning approximately $81,632 per year. This represents a 133% increase from entry to senior level.

Cost of Living Adjustment

Aberdeen's cost of living index of 86 significantly impacts salary comparisons. As a lower cost-of-living city, salaries in Aberdeen are adjusted accordingly. This means that while the nominal salary may appear higher or lower than the national average of $83,200, the actual purchasing power must be considered in context.

Housing and Affordability

A significant portion of a financial analyst's salary in Aberdeen typically goes toward housing. With a 1-bedroom apartment averaging $750 per month, housing represents about 15.3% of median salary. Financial experts generally recommend keeping housing expenses below 30% of gross income.

Career Growth and Opportunities

Financial Analysts are in growing demand across the United States, with an expected job growth of 19% over the next decade. In Aberdeen, this translates to increasing opportunities and potential for salary growth as demand for experienced professionals continues to rise.

Data source: Salary estimates on this page are based on Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) program, adjusted for regional cost of living differences. Figures are approximate and intended for informational purposes only. Actual salaries may vary based on employer, experience, education, certifications, and local market conditions. This page does not constitute financial or career advice. For the most current wage data, visit bls.gov.