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Updated July 20, 2024

Budget Analysts Salaries

Chicago-Naperville-Elgin, Indiana, US

Average Base Pay


34.92% above national average

Additional Cash Compensation

Average: $72,630

Range: $52,790-$106,060


How much does a Budget Analysts role make in Chicago-Naperville-Elgin, Indiana, US?

Career Ladder Pay for Budget Analysts Roles

A person in an entry-level Budget Analysts role with under one year of job experience can expect to make an average annual salary of $52,790. A Budget Analysts candidate with 1-4 years of experience makes an average total salary of $59,370. A person in a mid-career Budget Analysts role with 5-9 years of experience makes an average salary of $72,630 a year. Budget Analysts with 10 or more years of experience make an average of $89,940. In their late career (over 20 years of experience), a person in a Budget Analysts role’s annual salary averages $106,060 per year.

What is the average Budget Analysts salary in Chicago-Naperville-Elgin, Indiana, US?

Average base salary, as of 2024 : $72,630

Salary Breakdown

  Average base salary (percentile)
Annual salary$18,158$36,315$54,473
Monthly salary$1,513$3,026$4,539
Weekly salary$378$757$1,135
Hourly salary$54$108$162

Where can a Budget Analysts role earn more money?


Similar jobs with comparable annual salaries.


Will extra certification for Budget Analysts roles boost salary?

While certifications are not required for every Budget Analysts position, they can certainly increase your salary and lead to an easier recruitment process when applying to enterprises that favor candidates with additional certifications.

Is the Budget Analysts position in high demand?

The current Bureau of Labor Statistics states the salary is $72,630 higher than the national average for Budget Analysts positions.

Is there advancement potential for a Budget Analysts role?

Yes, there is strong potential for promotion — either with an additional educational degree or with continued years of experience. There are a multitude of other positions Budget Analysts roles that can advance both internally and with another company.

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