Budget Analysts Salary
In Colorado Springs, CO, budget analysts earn $93,530 at the median, or about $44.97 an hour. The range runs from $66K at the entry level to $126K for experienced workers. Adjusted for local prices (RPP 100.71), that's roughly $92,871 in purchasing power. Rent on a 2-bedroom averages $1,474/month, or 24.4% of estimated take-home pay.
Where the paycheck goes
What $94K actually covers in Colorado Springs, month by month
Groceries, utilities, transportation, and healthcare scaled from national averages by Colorado Springs’s Regional Price Parity (100.71). 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 budget analysts
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What this looks like in Colorado Springs
Budget analysts pay in Colorado Springs tracks closely to the national median, $94K locally vs. $92K nationwide, a 2% difference. Rent runs $1,474/month for a 2-bedroom (HUD FMR), taking 25.2% of the median take-home. That's within the 30% rule, though not by much. Cost of living (RPP 100.71) is near the national average, so spending patterns here track the typical American budget fairly closely. Pay and costs are both near average, leaving limited margin for savings at the median wage.
Compared to nearby metros
Median pay for budget analysts in metros near Colorado Springs, adjusted for local cost of living.
| Metro | Median pay | COL-adjusted |
|---|---|---|
| Denver-Aurora-Centennial | $101K | $95K |
| Phoenix-Mesa-Chandler | $85K | $82K |
| Albuquerque | $98K | $102K |
| Oklahoma City | $81K | $90K |
COL-adjusted = median salary ÷ (BEA Regional Price Parity ÷ 100). Expresses purchasing power in national-average dollars.
Compensation breakdown
Annual earnings by percentile, Colorado Springs, CO
Entry-level budget analysts (10th percentile) start around $66K. Mid-career wages sit at $94K. Top earners bring in $126K or more, a $60K spread from bottom to top.
Budget Analysts pay across states
Median income ranked highest to lowest, compared to the national figure
View Budget Analysts salary in all states
| State | Median salary | vs. national | Employment |
|---|---|---|---|
| District of Columbia | $125K | +36% | 1,490 |
| Maryland | $106K | +16% | 2,490 |
| Virginia | $105K | +15% | 2,730 |
| California | $100K | +9% | 4,160 |
| Alabama | $99K | +9% | 870 |
| Colorado | $97K | +6% | 1,290 |
| Washington | $97K | +5% | 1,510 |
| Michigan | $96K | +5% | 1,020 |
| New Jersey | $96K | +5% | 840 |
| Connecticut | $95K | +4% | 970 |
| Oregon | $95K | +4% | 1,090 |
| Illinois | $95K | +4% | 750 |
| Alaska | $95K | +3% | 220 |
| Vermont | $93K | +2% | 90 |
| Rhode Island | $93K | +1% | 90 |
| New Hampshire | $93K | +1% | 80 |
| Hawaii | $92K | +1% | 210 |
| Massachusetts | $92K | +1% | 1,280 |
| Georgia | $92K | +0% | 1,900 |
| Ohio | $90K | -2% | 800 |
| Utah | $89K | -3% | 280 |
| New York | $89K | -3% | 2,760 |
| Maine | $88K | -4% | 200 |
| New Mexico | $87K | -5% | 740 |
| Tennessee | $87K | -6% | 1,140 |
| Iowa | $87K | -6% | 390 |
| South Carolina | $86K | -6% | 470 |
| Minnesota | $86K | -6% | 450 |
| Arizona | $85K | -7% | 730 |
| Pennsylvania | $84K | -8% | 1,490 |
| Florida | $84K | -8% | 3,150 |
| Idaho | $83K | -9% | 190 |
| Nebraska | $83K | -9% | 200 |
| Texas | $83K | -9% | 3,340 |
| North Carolina | $82K | -10% | 1,830 |
| Wisconsin | $82K | -10% | 820 |
| Indiana | $82K | -10% | 390 |
| Delaware | $82K | -11% | 260 |
| Missouri | $82K | -11% | 520 |
| Nevada | $82K | -11% | 440 |
| Wyoming | $81K | -12% | 80 |
| Oklahoma | $81K | -12% | 670 |
| Louisiana | $81K | -12% | 330 |
| Kansas | $80K | -13% | 270 |
| Montana | $80K | -13% | 360 |
| South Dakota | $79K | -14% | 120 |
| West Virginia | $79K | -14% | 180 |
| Mississippi | $79K | -14% | 390 |
| North Dakota | $77K | -16% | 150 |
| Kentucky | $77K | -16% | 630 |
| Arkansas | $72K | -22% | 320 |
Showing 1–10 of 51 (all 50 states + DC)
Track budget analysts salary changes
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Quick answers
The stuff people actually ask about this job
Can a budget analyst afford a 2BR apartment alone in Colorado Springs?
Yes — at the median salary of $94K, rent takes 25.2% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $1,474/month. That stays under the 30% guideline most financial planners use.
What’s the entry-level salary for budget analysts in Colorado Springs?
The 10th-percentile wage — what new budget analysts typically earn — is $66K/year. Take-home on that works out to about $4,302/month. At HUD’s $1,474/month FMR, rent would take 34% of that take-home — above the 30% guideline, so a 1-bedroom or shared housing is likely necessary starting out.
Is budget analyst a high-paying job in Colorado Springs?
Pay here is roughly in line with the national average — $94K locally vs. $92K nationally, a 2% difference.
How does Colorado Springs compare to the national average for budget analysts?
Colorado Springs pays $94K median vs. the U.S. average of $92K — that’s +2%. After adjusting for local cost of living (RPP 100.71), the purchasing-power equivalent is $93K — still ahead of the national median.
How much do budget analysts make in Colorado Springs, CO?
The median is $93,530 a year, that works out to about $45 an hour. But the range is wide: entry-level workers start around $65,560, and experienced budget analysts can clear $126,050. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $94K enough to live in Colorado Springs?
On that salary, you'd take home roughly $5,839/month after taxes. A 2-bedroom here rents for about $1,474/month, which eats 25.2% of your paycheck. That's under the 30% guideline most financial planners use, so the numbers work.
How far does a budget analysts salary go in Colorado Springs?
Colorado Springs has a Regional Price Parity of 100.71 (100 is the national average). Prices are above average here, so your dollar buys less than the same salary would in a cheaper metro. After cost-of-living adjustment, the median budget analysts salary is worth about $92,871 in national-average purchasing power.
Where do budget analysts 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.