Budget Analysts Salary
In Rapid City, SD, budget analysts earn $75,360 at the median, or about $36.23 an hour. The range runs from $61K at the entry level to $97K for experienced workers. Cost of living is below average (RPP 89.16), which stretches that salary to about $84,522 in buying power. Rent on a 2-bedroom averages $1,336/month, or 25.5% of estimated take-home pay.
So what does $75K get you in Rapid City?
Groceries, utilities, transportation, and healthcare scaled from national averages by Rapid City’s Regional Price Parity (89.16). 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 Rapid City
Pay for budget analysts in Rapid City runs about 18% below the U.S. median of $92K. Rent runs $1,336/month for a 2-bedroom (HUD FMR), taking 26.1% of the median take-home. That's within the 30% rule, though not by much. Regional Price Parity sits at 89.16 (national = 100), meaning everyday costs run about 11% cheaper here. Your dollar stretches further than the headline salary suggests. Use the affordability calculator above to model your specific situation.
Compared to nearby metros
Median pay for budget analysts in metros near Rapid City, adjusted for local cost of living.
| Metro | Median pay | COL-adjusted |
|---|---|---|
| Minneapolis-St. Paul-Bloomington | $84K | $81K |
| Des Moines-West Des Moines | $92K | $100K |
| Helena | $80K | $83K |
| Omaha | $91K | $100K |
COL-adjusted = median salary ÷ (BEA Regional Price Parity ÷ 100). Expresses purchasing power in national-average dollars.
Compensation breakdown
Annual earnings by percentile, Rapid City, SD
Entry-level budget analysts (10th percentile) start around $61K. Mid-career wages sit at $75K. Top earners bring in $97K or more, a $36K 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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Frequently asked questions
Can a budget analyst afford a 2BR apartment alone in Rapid City?
Yes — at the median salary of $75K, rent takes 26.1% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $1,336/month. That stays under the 30% guideline most financial planners use.
What’s the entry-level salary for budget analysts in Rapid City?
The 10th-percentile wage — what new budget analysts typically earn — is $61K/year. Take-home on that works out to about $3,667/month. At HUD’s $1,336/month FMR, rent would take 36% 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 Rapid City?
Local pay runs 18% below the national median — $75K here vs. $92K nationally. Cost of living is 11% below the national average, which narrows that gap in real purchasing power.
How does Rapid City compare to the national average for budget analysts?
Rapid City pays $75K median vs. the U.S. average of $92K — that’s -18%. After adjusting for local cost of living (RPP 89.16), the purchasing-power equivalent is $85K — below the national median.
How much do budget analysts make in Rapid City, SD?
The median is $75,360 a year, that works out to about $36 an hour. But the range is wide: entry-level workers start around $61,110, and experienced budget analysts can clear $97,470. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $75K enough to live in Rapid City?
On that salary, you'd take home roughly $5,117/month after taxes. A 2-bedroom here rents for about $1,336/month, which eats 26.1% 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 Rapid City?
Rapid City has a Regional Price Parity of 89.16 (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 $84,522 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.