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

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

Maryland is 5.0% pricier than the US average

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

Nominal Salary
$101,420
Median annual (2024)
-4.8%
Real Purchasing Power
$96,590
COL-adjusted (RPP=105.0)

Maryland Cost of Living Index

Maryland's Regional Price Parity (RPP) is 105.0, meaning prices are 5.0% higher the national average. A Budget Analysts earning $101,420 in Maryland has the equivalent purchasing power of $96,590 in an average-cost US state.

MD: 105.0
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 Maryland's cost of living.

Percentile Nominal Salary COL-Adjusted Difference
10th Percentile (P10) $63,730 $60,695 $-3,034
25th Percentile (P25) $82,230 $78,314 $-3,915
Median (P50) $101,420 $96,590 $-4,829
75th Percentile (P75) $129,750 $123,571 $-6,178
90th Percentile (P90) $153,340 $146,038 $-7,301
Key Insight

While $101,420 sounds high, Maryland's elevated cost of living erases 5% of that salary's purchasing power. Your real buying power is $96,590. Consider whether the higher pay offsets the higher costs.

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

Maryland ranks #5 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 Maryland after cost of living?

A Budget Analysts in Maryland earns a median salary of $101,420 per year. After adjusting for Maryland's cost of living (RPP=105.0), the real purchasing power is $96,590 — a -4.8% difference.

Is Maryland expensive to live in?

Maryland's cost of living is 5.0% higher than the national average according to the BEA Regional Price Parities (2022). The RPP index for Maryland is 105.0 (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 Maryland: $101,420 x (100 / 105.0) = $96,590. This represents what the salary would be worth in a state with average living costs.

Does the high cost of living in Maryland offset the salary?

Partially — a Budget Analysts's nominal salary of $101,420 in Maryland has 4.8% less purchasing power due to higher living costs. The real value is $96,590. However, Maryland may offer better career opportunities, networking, and industry access.

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