Budget Analysts Salary
In Indiana, budget analysts earn $82,080 at the median, or about $39.46 an hour. The range runs from $60K at the entry level to $106K for experienced workers. Cost of living is below average (RPP 91.81), which stretches that salary to about $89,402 in buying power. Rent on a 2-bedroom averages $1,144/month, or 21.6% of estimated take-home pay.
Statewide average. Salary and cost of living vary significantly across Indiana. Jump to a metro for precise data:
So what does $82K get you in Indiana?
About budget analysts
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What this looks like in Indiana
Budget analysts pay in Indiana tracks closely to the national median, $82K locally vs. $92K nationwide, a 10% difference. Housing is manageable: a 2-bedroom at the HUD median costs $1,144/month, 21.6% of take-home, well inside the 30% guideline. Regional Price Parity sits at 91.81 (national = 100), meaning everyday costs run about 8% cheaper here. Your dollar stretches further than the headline salary suggests. Use the affordability calculator above to model your specific situation.
Compensation breakdown
Annual earnings by percentile, Indiana
Entry-level budget analysts (10th percentile) start around $60K. Mid-career wages sit at $82K. Top earners bring in $106K or more, a $46K spread from bottom to top.
Budget Analysts salary by metro in Indiana
1 metro area with BLS data, ranked by median pay
| Metro area | Median salary | vs. state | Employment |
|---|---|---|---|
| Indianapolis-Carmel-Greenwood | $87K | +6% | 230 |
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BLS updates this data quarterly. We'll email you when Indiana numbers change.
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Frequently asked questions
Can a budget analyst afford a 2BR apartment alone in Indiana?
Yes — at the median salary of $82K, rent takes 21.6% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $1,144/month. That stays under the 30% guideline most financial planners use.
What’s the entry-level salary for budget analysts in Indiana?
The 10th-percentile wage — what new budget analysts typically earn — is $60K/year. Take-home on that works out to about $3,623/month. At HUD’s $1,144/month FMR, rent would take 32% 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 Indiana?
Pay here is roughly in line with the national average — $82K locally vs. $92K nationally, a 10% difference.
How does Indiana compare to the national average for budget analysts?
Indiana pays $82K median vs. the U.S. average of $92K — that’s -10%. After adjusting for local cost of living (RPP 91.81), the purchasing-power equivalent is $89K — below the national median.
How much do budget analysts make in Indiana?
The median is $82,080 a year, that works out to about $39 an hour. But the range is wide: entry-level workers start around $60,390, and experienced budget analysts can clear $106,330. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $82K enough to live in Indiana?
On that salary, you'd take home roughly $5,302/month after taxes. A 2-bedroom here rents for about $1,144/month, which eats 21.6% 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 Indiana?
Indiana has a Regional Price Parity of 91.81 (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 budget analysts salary is worth about $89,402 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.