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Budget Analyst Salary in Little Rock, AR

How much does a budget analyst make in Little Rock? Explore median, entry-level, and senior salaries adjusted for Little Rock's cost of living.

Median Salary
$65,960
per year in Little Rock
Entry Level
$40,219
Starting salary
Senior Level
$90,092
Experienced professionals
Cost of Living
92
8% below national avg

Salary Breakdown by Experience Level

See how budget analyst salaries break down across different pay periods in Little Rock.

PeriodEntry LevelMedianSenior
Annual$40,219$65,960$90,092
Monthly$3,352$5,497$7,508
Biweekly$1,547$2,537$3,465
Weekly$773$1,268$1,733
Hourly$19$32$43

Little Rock vs National Average

How Little Rock's budget analyst salaries compare to national figures.

Little Rock Salary
$65,960
COL Index: 92
National Average
$83,340
COL Index: 100
Difference
-$17,380
Lower in Little Rock

Cost of Living in Little Rock

1-Bedroom Rent
$1,100
per month
Median Income
$50,234
per year
Population
196,537
residents
Rent % of Income
26.3%
median household
Cost of Living Index: 92 — A score of 100 represents the U.S. average. Salaries in Little Rock have been adjusted to account for local cost differences.

About Budget Analyst

Overview

Develop budgets and monitor spending for organizations.

Education

Bachelor's degree in Accounting, Finance, or related field

Key Skills

Budget DevelopmentFinancial AnalysisExcelForecasting

Growth Rate

Expected job growth: +15% over the next decade

Compare Cities: Budget Analyst Salary

See Budget Analyst salaries in other top cities.

New York, NY
$97,740
+48%
Los Angeles, CA
$104,970
+59%
Chicago, IL
$87,120
+32%
Houston, TX
$84,140
+28%
Phoenix, AZ
$82,790
+26%

Financial Tools to Explore

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Cost of Living Calculator

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Budget Analyst Salary in Little Rock, AR — Complete Guide

Median Salary Overview

The median salary for a budget analyst in Little Rock, AR is $65,960 per year, adjusted for the local cost of living index of 92. This figure reflects typical earnings for experienced professionals in this role, considering Little Rock's unique economic conditions.

Salary Range and Experience Levels

Entry-level budget analyst professionals in Little Rock can expect to earn around $40,219 annually. As professionals gain experience, salaries typically increase, with senior-level budget analysts earning approximately $90,092 per year. This represents a 124% increase from entry to senior level.

Cost of Living Adjustment

Little Rock's cost of living index of 92 significantly impacts salary comparisons. As a lower cost-of-living city, salaries in Little Rock are adjusted accordingly. This means that while the nominal salary may appear higher or lower than the national average of $83,340, the actual purchasing power must be considered in context.

Housing and Affordability

A significant portion of a budget analyst's salary in Little Rock typically goes toward housing. With a 1-bedroom apartment averaging $1,100 per month, housing represents about 20.0% of median salary. Financial experts generally recommend keeping housing expenses below 30% of gross income.

Career Growth and Opportunities

Budget Analysts are in growing demand across the United States, with an expected job growth of 15% over the next decade. In Little Rock, this translates to increasing opportunities and potential for salary growth as demand for experienced professionals continues to rise.

Source: BLS OEWS May 2024Metro-level wage data for this occupation and area
Data source: Salary data on this page are sourced from Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) program May 2024 estimates. Figures are approximate and intended for informational purposes only. Actual salaries may vary based on employer, experience, education, certifications, and local market conditions. This page does not constitute financial or career advice. For the most current wage data, visit bls.gov.