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

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

Tennessee is 8.2% cheaper than the US average

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

Nominal Salary
$83,740
Median annual (2024)
+8.9%
Real Purchasing Power
$91,220
COL-adjusted (RPP=91.8)

Tennessee Cost of Living Index

Tennessee's Regional Price Parity (RPP) is 91.8, meaning prices are 8.2% lower the national average. A Budget Analysts earning $83,740 in Tennessee has the equivalent purchasing power of $91,220 in an average-cost US state.

TN: 91.8
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 Tennessee's cost of living.

Percentile Nominal Salary COL-Adjusted Difference
10th Percentile (P10) $62,200 $67,755 +$5,555
25th Percentile (P25) $70,520 $76,819 +$6,299
Median (P50) $83,740 $91,220 +$7,480
75th Percentile (P75) $105,280 $114,684 +$9,404
90th Percentile (P90) $130,340 $141,982 +$11,642
Key Insight

A Budget Analysts in Tennessee earns $83,740 on paper, but low living costs mean your money goes 9% further — like earning $91,220 in an average-cost state. This makes Tennessee 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

Tennessee ranks #12 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 Tennessee after cost of living?

A Budget Analysts in Tennessee earns a median salary of $83,740 per year. After adjusting for Tennessee's cost of living (RPP=91.8), the real purchasing power is $91,220 — a +8.9% difference.

Is Tennessee expensive to live in?

Tennessee's cost of living is 8.2% lower than the national average according to the BEA Regional Price Parities (2022). The RPP index for Tennessee is 91.8 (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 Tennessee: $83,740 x (100 / 91.8) = $91,220. This represents what the salary would be worth in a state with average living costs.

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

From a purchasing power perspective, yes. A Budget Analysts in Tennessee enjoys 8.9% 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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