Budget Analysts Salary
In Santa Fe, NM, budget analysts earn $74,730 at the median, or about $35.93 an hour. The range runs from $59K at the entry level to $105K for experienced workers. Adjusted for local prices (RPP 98.77), that's roughly $75,661 in purchasing power. A 2-bedroom apartment runs $1,685/month, about 34.3% of take-home, which is tight.
So what does $75K get you in Santa Fe?
Groceries, utilities, transportation, and healthcare scaled from national averages by Santa Fe’s Regional Price Parity (98.77). 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 Santa Fe
Pay for budget analysts in Santa Fe runs about 18% below the U.S. median of $92K. Rent runs $1,685/month for a 2-bedroom (HUD FMR), taking 34.7% of the median take-home. That's within the 30% rule, though not by much. Cost of living (RPP 98.77) 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.
Compared to nearby metros
Median pay for budget analysts in metros near Santa Fe, adjusted for local cost of living.
| Metro | Median pay | COL-adjusted |
|---|---|---|
| Albuquerque | $98K | $102K |
| Las Cruces | $76K | $85K |
| Dallas-Fort Worth-Arlington | $83K | $80K |
| Denver-Aurora-Centennial | $101K | , |
COL-adjusted = median salary ÷ (BEA Regional Price Parity ÷ 100). Expresses purchasing power in national-average dollars.
Compensation breakdown
Annual earnings by percentile, Santa Fe, NM
Entry-level budget analysts (10th percentile) start around $59K. Mid-career wages sit at $75K. Top earners bring in $105K or more, a $46K 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 Santa Fe?
It’s a stretch — at the median salary of $75K, rent takes 34.7% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $1,685/month. The 30% guideline puts the comfortable ceiling at roughly $1,500/month in rent — so roommates or a 1-bedroom would ease the math significantly.
What’s the entry-level salary for budget analysts in Santa Fe?
The 10th-percentile wage — what new budget analysts typically earn — is $59K/year. Take-home on that works out to about $3,530/month. At HUD’s $1,685/month FMR, rent would take 48% 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 Santa Fe?
Local pay runs 18% below the national median — $75K here vs. $92K nationally.
How does Santa Fe compare to the national average for budget analysts?
Santa Fe pays $75K median vs. the U.S. average of $92K — that’s -18%. After adjusting for local cost of living (RPP 98.77), the purchasing-power equivalent is $76K — below the national median.
How much do budget analysts make in Santa Fe, NM?
The median is $74,730 a year, that works out to about $36 an hour. But the range is wide: entry-level workers start around $58,840, and experienced budget analysts can clear $104,500. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $75K enough to live in Santa Fe?
On that salary, you'd take home roughly $4,858/month after taxes. A 2-bedroom here rents for about $1,685/month, which eats 34.7% of your paycheck. That's above the 30% rule of thumb, housing will be a stretch at the median salary, though you can manage with roommates or a smaller place.
How far does a budget analysts salary go in Santa Fe?
Santa Fe has a Regional Price Parity of 98.77 (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 $75,661 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.
