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Massachusetts · Occupational wage benchmark

Budget Analysts Salary in Massachusetts

What Budget Analysts actually earn in Massachusetts — the published BLS median, what it is worth after local costs, and how it ranks against every other state.

Direct answer
Budget Analysts in Massachusetts earn a median of $92,260 per year (+0.7% vs national, #18 of 51 states). Because Massachusetts's price level is 105.8 against a U.S. average of 100, that salary carries roughly the purchasing power of $87,238 nationally. These are BLS occupational wage benchmarks across all workers in the occupation — not MBA-graduate-specific outcomes.

Sources: U.S. Bureau of Labor Statistics — Occupational Employment and Wage Statistics (OEWS) (May 2024 estimates (published April 2025)), Massachusetts state estimates for SOC 13-2031; cost-of-living adjustment derived from U.S. Bureau of Economic Analysis — Regional Price Parities (RPP) (2024). Occupational wage benchmarks across all workers, not MBA-specific outcomes.

Median annual wage
$92,260
Budget Analysts in Massachusetts
Adjusted for cost of living
$87,238
Massachusetts price level 105.8 (U.S. = 100)
Rank among states
#18 of 51
#37 after cost of living
Workers employed
1,280
in Massachusetts

What Budget Analysts earn in Massachusetts, adjusted for what it costs to live there

A headline wage only means something next to local prices. Once local prices are accounted for, Massachusetts drops 19 places — a higher headline wage is partly consumed by a higher cost of living.

StateMedian (nominal)Adjusted for cost of living
District of Columbia$124,590$113,366
Maryland$106,020$101,011
Virginia$105,470$104,318
California$99,520$89,884
Alabama$99,490$112,009
Colorado$97,100$94,224
Washington$96,640$90,307
Michigan$96,430$100,221
New Jersey$96,250$88,461
Connecticut$95,440$92,115
Oregon$95,250$92,153
Illinois$94,880$94,920
Alaska$94,740$92,557
Vermont$93,430$95,378
Rhode Island$92,790$90,722
New Hampshire$92,600$88,897
Hawaii$92,380$84,019
Massachusetts$92,260$87,238
Georgia$91,870$95,407
Ohio$89,840$96,837
Utah$88,610$89,628
New York$88,540$82,041
Maine$88,130$90,809
New Mexico$87,360$94,738
Tennessee$86,570$94,231
Iowa$86,550$98,619
South Carolina$86,260$92,012
Minnesota$85,970$87,172
Arizona$84,810$84,240
Pennsylvania$84,240$86,336
Florida$84,170$81,391
Idaho$83,220$87,147
Nebraska$83,010$92,128
Texas$82,970$85,486
North Carolina$82,350$87,304
Wisconsin$82,180$87,337
Indiana$82,080$87,947
Delaware$82,000$82,158
Missouri$81,980$90,269
Nevada$81,600$81,617
Wyoming$81,100$87,495
Oklahoma$80,990$92,199
Louisiana$80,530$91,297
Kansas$80,140$88,977
Montana$79,700$84,209
South Dakota$79,180$89,382
Mississippi$78,850$90,681
West Virginia$78,850$88,104
North Dakota$77,400$87,006
Kentucky$76,860$85,249
Arkansas$71,800$82,589

Nominal medians: BLS OEWS, May 2024 estimates (published April 2025) — occupational wage benchmarks across all workers, not MBA-specific outcomes. Adjusted column: SalaryMBA estimate, computed as nominal ÷ (state RPP ÷ 100) using BEA RPP 2024 all-items regional price parities. An adjusted figure is a purchasing-power comparison, not a wage anyone is paid.

The national pay range for Budget Analysts

BLS publishes the full percentile distribution nationally. It shows the spread within the occupation — the gap between the 10th and 90th percentile is usually far wider than the gap between states.

Percentile (national)Annual wageReading
10th percentile$62,250Entry / early-career end
25th percentile$75,320
Median (50th)$91,640
75th percentile$114,220
90th percentile$136,660Senior / top-market end

Other MBA-relevant roles in Massachusetts

How to read the Massachusetts number

The $92,260 median means half of Budget Analysts in Massachusetts earn less and half earn more. It is measured across everyone in the occupation — every level of experience, every industry, and every level of education. It is not the salary of a recent MBA graduate, and it is not a starting salary.

BLS counts roughly 1,280 people in this role in Massachusetts. The national percentile spread above is the more useful planning tool: within a single occupation, the distance between the 10th and 90th percentile typically dwarfs the difference between states. Where you land inside that range is driven far more by industry, function, and seniority than by geography.

What this data can and cannot tell you

This page answers “what does this role pay here.” It cannot answer “what will an MBA pay me here.” The BLS surveys establishments about occupations, not degrees, so no MBA premium can be isolated from it. Any site presenting these figures as MBA salaries is overstating what the source supports.

For MBA-specific figures we rely on cited school employment reports and moderated submissions, published only above our sample-size gates — see our methodology. To model your own economics, the MBA ROI calculator turns a target salary, tuition, and debt into a payback estimate.

Frequently asked questions

How much do Budget Analysts make in Massachusetts?

Budget Analysts in Massachusetts earn a median of $92,260 per year, according to BLS OEWS May 2024 estimates (published April 2025). That is +0.7% vs national, ranking Massachusetts #18 of 51 states with published data for this role. This is an occupational wage benchmark measured across all workers in the occupation, not an MBA-graduate-specific salary.

Is $92,260 a good salary for Budget Analysts in Massachusetts?

It depends on local prices. Massachusetts's overall price level is 105.8 against a U.S. average of 100, so a $92,260 salary there has roughly the purchasing power of $87,238 nationally — about $5,022 less than the headline number implies. Once local prices are accounted for, Massachusetts drops 19 places — a higher headline wage is partly consumed by a higher cost of living.

Do Budget Analysts in Massachusetts need an MBA?

These BLS figures cover everyone in the occupation regardless of degree, so they cannot tell you what an MBA specifically adds. Budget Analysts is a role MBA graduates commonly target, and an MBA can affect where you land within the range through network, function, and seniority — but any claim of a precise MBA premium for this role in Massachusetts would not be supported by this data. Verified MBA-specific outcomes are collected separately and published only once they clear our sample-size gates.

Why is housing cost relevant to Budget Analysts pay in Massachusetts?

Housing is the single largest driver of geographic cost differences. Massachusetts's housing price level is 128.1 against a U.S. average of 100 — substantially above average, which absorbs a large share of any wage premium. Overall prices there sit at 105.8.

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Every figure on SalaryMBA is source-labeled. See our methodology for how we source and gate data.