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Budget Analysts Salary in Kentucky: Cost of Living Adjusted (2024)

What does a Budget Analysts salary really buy you in Kentucky?

Kentucky is 10.6% cheaper than the US average

Data: BLS OEWS 2024 + BEA Regional Price Parities 2022 • Updated 2026-03-31

Nominal Salary
$74,160
Median annual (2024)
+11.9%
Real Purchasing Power
$82,953
COL-adjusted (RPP=89.4)

Kentucky Cost of Living Index

Kentucky's Regional Price Parity (RPP) is 89.4, meaning prices are 10.6% lower the national average. A Budget Analysts earning $74,160 in Kentucky has the equivalent purchasing power of $82,953 in an average-cost US state.

KY: 89.4
Cheapest (~85) US Avg (100) Priciest (~115)

Salary Breakdown: Nominal vs. COL-Adjusted

Every dollar goes further in low-cost states. Here is how each salary percentile compares after adjusting for Kentucky's cost of living.

Percentile Nominal Salary COL-Adjusted Difference
10th Percentile (P10) $56,470 $63,165 +$6,695
25th Percentile (P25) $61,960 $69,306 +$7,346
Median (P50) $74,160 $82,953 +$8,793
75th Percentile (P75) $90,920 $101,700 +$10,780
90th Percentile (P90) $109,180 $122,125 +$12,945
Key Insight

A Budget Analysts in Kentucky earns $74,160 on paper, but low living costs mean your money goes 12% further — like earning $82,953 in an average-cost state. This makes Kentucky one of the best value states for this occupation.

Best States for Budget Analysts (After Cost of Living)

Where does Budget Analysts salary stretch the furthest? Top 10 states ranked by COL-adjusted median salary.

1. Alabama
$111,708
RPP 87.8
$109,439
RPP 91.0
$106,503
RPP 102.1
$98,319
RPP 93.4
$96,590
RPP 105.0
$94,506
RPP 102.3
7. Ohio
$94,491
RPP 91.5
8. Iowa
$94,128
RPP 88.4
9. Georgia
$93,747
RPP 95.8
10. Nebraska
$92,438
RPP 89.8

Kentucky ranks #38 out of 50 states for Budget Analysts after cost-of-living adjustment.

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Frequently Asked Questions

What is the real salary for a Budget Analysts in Kentucky after cost of living?

A Budget Analysts in Kentucky earns a median salary of $74,160 per year. After adjusting for Kentucky's cost of living (RPP=89.4), the real purchasing power is $82,953 — a +11.9% difference.

Is Kentucky expensive to live in?

Kentucky's cost of living is 10.6% lower than the national average according to the BEA Regional Price Parities (2022). The RPP index for Kentucky is 89.4 (US average = 100).

What are Regional Price Parities (RPP)?

Regional Price Parities (RPPs) are price indexes published by the U.S. Bureau of Economic Analysis (BEA) that measure differences in price levels across states. They are expressed as a percentage of the national average (US = 100). Higher RPP means higher cost of living.

How is the cost-of-living adjusted salary calculated?

The adjusted salary is calculated as: Nominal Salary x (100 / RPP). For a Budget Analysts in Kentucky: $74,160 x (100 / 89.4) = $82,953. This represents what the salary would be worth in a state with average living costs.

Is it better to be a Budget Analysts in Kentucky financially?

From a purchasing power perspective, yes. A Budget Analysts in Kentucky enjoys 11.9% more buying power than the nominal salary suggests, because living costs are below the national average. However, other factors like job availability, career growth, and quality of life also matter.

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