Budget Analysts pay range in Chicago
New workers and the lowest-paid 10% earn about $57,490 a year or less, while the top 10% make $133,820 or more. The middle half of budget analysts in Chicago earn between $70,020 and $112,280.
- $57K10th
- $70K25th
- $88KMedian
- $112K75th
- $134K90th
median average · bar = middle 50% of workers
| Pay level | Per year | Per month | Per hour* |
|---|---|---|---|
| Average | $94,650 | $7,888 | $45.50 |
| Median | $88,460 | $7,372 | $42.53 |
| Entry level (25th percentile) | $70,020 | $5,835 | $33.66 |
| Experienced (75th percentile) | $112,280 | $9,357 | $53.98 |
*Hourly figures assume 2,080 paid hours a year.
Budget Analysts salary after taxes in Chicago
On the average salary of $94,650, a single filer in Chicago takes home about $70,872 a year, or $5,906 a month and $2,726 every two weeks. Taxes take 25% of gross pay.
The Chicago-Naperville-Elgin, IL-IN metro area crosses state lines, so take-home pay depends on the state where you work:
| State | Per year | Per month |
|---|---|---|
| Working in IN | $72,607 | $6,051 |
| Working in IL | $70,872 | $5,906 |
Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and state income tax (2025 rules).
Is Chicago a good place for budget analysts? Pay vs. cost of living
Prices in the Chicago area are 4% above the U.S. average (BEA price parity 103.6), so the average $94,650 buys what about $91,365 would buy in a typical U.S. metro. This job pays 1.6 times the median wage of all jobs in Chicago ($54,720). A typical home costs $353,998, or 3.7 years of this average salary before tax.
Budget Analysts salary in nearby metro areas
- Milwaukee, WI$87,030
- Kalamazoo, MI$77,990
- Madison, WI$90,940
- Grand Rapids, MI$93,670
- Davenport, IA$100,410
- Indianapolis, IN$86,770
Highest-paying cities for budget analysts
San Jose, CA pays this job the most of the metro areas we cover ($130,420).
- San Jose, CA$130,420
- Washington, DC$124,390
- Iowa City, IA$122,820
- San Francisco, CA$117,830
- Ann Arbor, MI$117,690
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Budget Analysts salary in Chicago: questions
How much do budget analysts make an hour in Chicago?
$45.51 an hour on average, and $42.53 at the median (BLS, May 2025).
What is the entry-level budget analysts salary in Chicago?
The lowest-paid 10% earn about $57,490 a year and the 25th percentile is $70,020, a fair guide to starting pay.
What is the budget analysts take-home pay in Chicago?
About $70,872 a year ($5,906 a month) for a single filer on the average salary of $94,650.
Do budget analysts earn more in Chicago than elsewhere?
The average here is 3% less than the U.S. metro average for this job ($97,889).
Sources and how to read this page
- Wages: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS), May 2025 estimates for metropolitan areas. SOC code 13-2031; area Chicago-Naperville-Elgin, IL-IN (16980). Relative standard error of the mean wage: 2.1%.
- Cost of living: Bureau of Economic Analysis regional price parities (RPP), 2024; 100 = U.S. average.
- Home value: Zillow Home Value Index. Typical-wage figure: OEWS all occupations, same metro.
- Take-home pay: Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and state income tax (2025 rules).
- Job concentration: location quotient 0.32, this job is less common than in the U.S. overall (location quotient 0.32).
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