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Risk Analyst Salary in San Diego, CA

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

Median Salary
$103,740
per year in San Diego
Entry Level
$61,301
Starting salary
Senior Level
$141,464
Experienced professionals
Cost of Living
159
59% above national avg

Salary Breakdown by Experience Level

See how risk analyst salaries break down across different pay periods in San Diego.

PeriodEntry LevelMedianSenior
Annual$61,301$103,740$141,464
Monthly$5,108$8,645$11,789
Biweekly$2,358$3,990$5,441
Weekly$1,179$1,995$2,720
Hourly$29$50$68

San Diego vs National Average

How San Diego's risk analyst salaries compare to national figures.

San Diego Salary
$103,740
COL Index: 159
National Average
$91,860
COL Index: 100
Difference
+$11,880
Higher in San Diego

Cost of Living in San Diego

1-Bedroom Rent
$2,300
per month
Median Income
$69,845
per year
Population
1,423,851
residents
Rent % of Income
39.5%
median household
Cost of Living Index: 159 — A score of 100 represents the U.S. average. Salaries in San Diego have been adjusted to account for local cost differences.

About Risk Analyst

Overview

Identify and analyze potential business risks and mitigation strategies.

Education

Bachelor's degree in Finance, Risk Management, or related field

Key Skills

Risk AssessmentData AnalysisStatistical AnalysisProblem Solving

Growth Rate

Expected job growth: +18% over the next decade

Compare Cities: Risk Analyst Salary

See Risk Analyst salaries in other top cities.

New York, NY
$141,960
+37%
Los Angeles, CA
$103,820
+0%
Chicago, IL
$98,850
-5%
Houston, TX
$95,620
-8%
Phoenix, AZ
$92,410
-11%

Financial Tools to Explore

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Risk Analyst Salary in San Diego, CA — Complete Guide

Median Salary Overview

The median salary for a risk analyst in San Diego, CA is $103,740 per year, adjusted for the local cost of living index of 159. This figure reflects typical earnings for experienced professionals in this role, considering San Diego's unique economic conditions.

Salary Range and Experience Levels

Entry-level risk analyst professionals in San Diego can expect to earn around $61,301 annually. As professionals gain experience, salaries typically increase, with senior-level risk analysts earning approximately $141,464 per year. This represents a 131% increase from entry to senior level.

Cost of Living Adjustment

San Diego's cost of living index of 159 significantly impacts salary comparisons. As a higher cost-of-living city, salaries in San Diego are adjusted accordingly. This means that while the nominal salary may appear higher or lower than the national average of $91,860, the actual purchasing power must be considered in context.

Housing and Affordability

A significant portion of a risk analyst's salary in San Diego typically goes toward housing. With a 1-bedroom apartment averaging $2,300 per month, housing represents about 26.6% of median salary. Financial experts generally recommend keeping housing expenses below 30% of gross income.

Career Growth and Opportunities

Risk Analysts are in growing demand across the United States, with an expected job growth of 18% over the next decade. In San Diego, 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.