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Budget Analyst Salary in Peoria, AZ

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

Median Salary
$82,790
per year in Peoria
Entry Level
$50,482
Starting salary
Senior Level
$113,079
Experienced professionals
Cost of Living
105
5% above national avg

Salary Breakdown by Experience Level

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

PeriodEntry LevelMedianSenior
Annual$50,482$82,790$113,079
Monthly$4,207$6,899$9,423
Biweekly$1,942$3,184$4,349
Weekly$971$1,592$2,175
Hourly$24$40$54

Peoria vs National Average

How Peoria's budget analyst salaries compare to national figures.

Peoria Salary
$82,790
COL Index: 105
National Average
$83,340
COL Index: 100
Difference
-$550
Lower in Peoria

Cost of Living in Peoria

1-Bedroom Rent
$1,400
per month
Median Income
$76,340
per year
Population
190,985
residents
Rent % of Income
22.0%
median household
Cost of Living Index: 105 — A score of 100 represents the U.S. average. Salaries in Peoria 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
+18%
Los Angeles, CA
$104,970
+27%
Chicago, IL
$87,120
+5%
Houston, TX
$84,140
+2%
Phoenix, AZ
$82,790
0%

Financial Tools to Explore

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Cost of Living Calculator

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Budget Analyst Salary in Peoria, AZ — Complete Guide

Median Salary Overview

The median salary for a budget analyst in Peoria, AZ is $82,790 per year, adjusted for the local cost of living index of 105. This figure reflects typical earnings for experienced professionals in this role, considering Peoria's unique economic conditions.

Salary Range and Experience Levels

Entry-level budget analyst professionals in Peoria can expect to earn around $50,482 annually. As professionals gain experience, salaries typically increase, with senior-level budget analysts earning approximately $113,079 per year. This represents a 124% increase from entry to senior level.

Cost of Living Adjustment

Peoria's cost of living index of 105 significantly impacts salary comparisons. As a higher cost-of-living city, salaries in Peoria 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 Peoria typically goes toward housing. With a 1-bedroom apartment averaging $1,400 per month, housing represents about 20.3% 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 Peoria, 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.