Budget Analysts Salary
In Maryland, budget analysts earn $106,020 at the median, or about $50.97 an hour. The range runs from $66K at the entry level to $157K for experienced workers. Adjusted for local prices (RPP 98.76), that's roughly $107,351 in purchasing power. Rent on a 2-bedroom averages $1,795/month, or 27.5% of estimated take-home pay.
Statewide average. Salary and cost of living vary significantly across Maryland. Jump to a metro for precise data:
So what does $106K get you in Maryland?
About budget analysts
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What this looks like in Maryland
Maryland sits well above the national pay line for budget analysts, local pay runs about 16% higher than the U.S. median of $92K. Rent runs $1,795/month for a 2-bedroom (HUD FMR), taking 27.6% of the median take-home. That's within the 30% rule, though not by much. Cost of living (RPP 98.76) is near the national average, so spending patterns here track the typical American budget fairly closely. Use the affordability calculator above to model your specific situation.
Compensation breakdown
Annual earnings by percentile, Maryland
Entry-level budget analysts (10th percentile) start around $66K. Mid-career wages sit at $106K. Top earners bring in $157K or more, a $91K spread from bottom to top.
Budget Analysts salary by metro in Maryland
2 metro areas with BLS data, ranked by median pay
| Metro area | Median salary | vs. state | Employment |
|---|---|---|---|
| Lexington Park | $106K | +0% | 60 |
| Baltimore-Columbia-Towson | $96K | -9% | 1,150 |
Compare to other states
Track budget analysts salary changes
BLS updates this data quarterly. We'll email you when Maryland numbers change.
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Frequently asked questions
Can a budget analyst afford a 2BR apartment alone in Maryland?
Yes — at the median salary of $106K, rent takes 27.6% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $1,795/month. That stays under the 30% guideline most financial planners use.
What’s the entry-level salary for budget analysts in Maryland?
The 10th-percentile wage — what new budget analysts typically earn — is $66K/year. Take-home on that works out to about $3,941/month. At HUD’s $1,795/month FMR, rent would take 46% 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 Maryland?
Local pay is 16% above the national median — $106K here vs. $92K nationally.
How does Maryland compare to the national average for budget analysts?
Maryland pays $106K median vs. the U.S. average of $92K — that’s +16%. After adjusting for local cost of living (RPP 98.76), the purchasing-power equivalent is $107K — still ahead of the national median.
How much do budget analysts make in Maryland?
The median is $106,020 a year, that works out to about $51 an hour. But the range is wide: entry-level workers start around $65,680, and experienced budget analysts can clear $156,750. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $106K enough to live in Maryland?
On that salary, you'd take home roughly $6,508/month after taxes. A 2-bedroom here rents for about $1,795/month, which eats 27.6% 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 Maryland?
Maryland has a Regional Price Parity of 98.76 (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 $107,351 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.