Budget Analysts Salary
In Michigan, budget analysts earn $96,430 at the median, or about $46.36 an hour. The range runs from $65K at the entry level to $142K for experienced workers. Cost of living is below average (RPP 93.89), which stretches that salary to about $102,705 in buying power. Rent on a 2-bedroom averages $1,272/month, or 20.9% of estimated take-home pay.
Statewide average. Salary and cost of living vary significantly across Michigan. Jump to a metro for precise data:
So what does $96K get you in Michigan?
About budget analysts
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What this looks like in Michigan
Budget analysts pay in Michigan tracks closely to the national median, $96K locally vs. $92K nationwide, a 5% difference. Housing is manageable: a 2-bedroom at the HUD median costs $1,272/month, 21.2% of take-home, well inside the 30% guideline. Regional Price Parity sits at 93.89 (national = 100), meaning everyday costs run about 6% 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, Michigan
Entry-level budget analysts (10th percentile) start around $65K. Mid-career wages sit at $96K. Top earners bring in $142K or more, a $77K spread from bottom to top.
Budget Analysts salary by metro in Michigan
5 metro areas with BLS data, ranked by median pay
| Metro area | Median salary | vs. state | Employment |
|---|---|---|---|
| Ann Arbor | $128K | +33% | 90 |
| Detroit-Warren-Dearborn | $102K | +6% | 530 |
| Lansing-East Lansing | $96K | +0% | 140 |
| Grand Rapids-Wyoming-Kentwood | $96K | -0% | 40 |
| Kalamazoo-Portage | $61K | -37% | 40 |
Compare to other states
Track budget analysts salary changes
BLS updates this data quarterly. We'll email you when Michigan numbers change.
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Frequently asked questions
Can a budget analyst afford a 2BR apartment alone in Michigan?
Yes — at the median salary of $96K, rent takes 21.2% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $1,272/month. That stays under the 30% guideline most financial planners use.
What’s the entry-level salary for budget analysts in Michigan?
The 10th-percentile wage — what new budget analysts typically earn — is $65K/year. Take-home on that works out to about $3,923/month. At HUD’s $1,272/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 Michigan?
Pay here is roughly in line with the national average — $96K locally vs. $92K nationally, a 5% difference.
How does Michigan compare to the national average for budget analysts?
Michigan pays $96K median vs. the U.S. average of $92K — that’s +5%. After adjusting for local cost of living (RPP 93.89), the purchasing-power equivalent is $103K — still ahead of the national median.
How much do budget analysts make in Michigan?
The median is $96,430 a year, that works out to about $46 an hour. But the range is wide: entry-level workers start around $65,390, and experienced budget analysts can clear $142,380. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $96K enough to live in Michigan?
On that salary, you'd take home roughly $6,011/month after taxes. A 2-bedroom here rents for about $1,272/month, which eats 21.2% 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 Michigan?
Michigan has a Regional Price Parity of 93.89 (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 $102,705 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.