SOC 13-2031 · Santa Fe, NM metro

Budget Analysts Salary in Santa Fe, NM

The average salary for budget analysts in Santa Fe, New Mexico is $78,900 a year ($37.93 an hour), according to BLS estimates for May 2025. The median is $74,730: half of the 50 people in this job in the Santa Fe, NM metro area earn more than that, half earn less. That average is 18% less than the U.S. average for this job ($96,370).

$78,900average per year

$37.93 / hourMedian $74,730Take-home ≈ $61,794

  • $59K10th
  • $67K25th
  • $75KMedian
  • $89K75th
  • $104K90th

median average · bar = middle 50% of workers · how to read it

50people in this job
-18%vs U.S. average
#3 of 3New Mexico metros
99cost of living (U.S. = 100)
Advertisement

Budget Analysts pay range in Santa Fe

New workers and the lowest-paid 10% earn about $58,840 a year or less, while the top 10% make $104,500 or more. The middle half of budget analysts in Santa Fe earn between $67,180 and $88,590.

  • $59K10th
  • $67K25th
  • $75KMedian
  • $89K75th
  • $104K90th

median average · bar = middle 50% of workers · how to read it

Pay levelPer yearPer monthPer hour*
Average$78,900$6,575$37.93
Median$74,730$6,228$35.93
Entry level (25th percentile)$67,180$5,598$32.30
Experienced (75th percentile)$88,590$7,382$42.59

*Hourly figures assume 2,080 paid hours a year. Hourly to annual salary.

Budget Analysts pay in Santa Fe vs. New Mexico and the U.S.

Budget analysts in Santa Fe earn 14% less than the New Mexico average ($91,530) and 18% less than the U.S. average ($96,370). At the median the gap is -18% against the U.S. median of $91,640.

AreaAverageMedian10th pct.90th pct.Jobs
Santa Fe$78,900$74,730$58,840$104,50050
New Mexico$91,530$87,360$58,360$129,470740
United States$96,370$91,640$62,250$136,66047,160

State and U.S. rows: BLS statewide and national estimates, May 2025, which include rural areas.

Budget Analysts salary after taxes in Santa Fe

On the average salary of $78,900, a single filer in Santa Fe takes home about $61,794 a year, or $5,149 a month and $2,377 every two weeks. Taxes take 22% of gross pay.

Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and state income tax (2026 rules).

New Mexico paycheck calculator: try your own salary

Advertisement

Is Santa Fe a good place for budget analysts? Pay vs. cost of living

Prices in the Santa Fe area are in line with the U.S. average (BEA price parity 98.8), so the average $78,900 buys what about $79,885 would buy in a typical U.S. metro. This job pays 1.5 times the median wage of all jobs in Santa Fe ($48,710). A typical home costs $558,896, or 7.1 years of this average salary before tax.

See what $78,900 is worth in another city

Budget Analysts salary in other New Mexico cities

Santa Fe ranks 3rd of 3 New Mexico metro areas for this job; Albuquerque pays the most ($96,280).

All Budget Analysts salaries in New Mexico

Highest-paying cities for budget analysts

San Jose, CA pays this job the most of the metro areas we cover ($130,420).

Budget Analysts salary by city

Advertisement

Does this match what you are paid?

Anonymous, no account. Results update as visitors answer.

Share your pay anonymously

Reviewed before it counts. Budget Analysts in Santa Fe, NM.

Budget Analysts salary in Santa Fe: questions

How much do budget analysts make an hour in Santa Fe?

$37.93 an hour on average, and $35.93 at the median (BLS, May 2025).

What is the entry-level budget analysts salary in Santa Fe?

The lowest-paid 10% earn about $58,840 a year and the 25th percentile is $67,180, a fair guide to starting pay.

What is the budget analysts take-home pay in Santa Fe?

About $61,794 a year ($5,149 a month) for a single filer on the average salary of $78,900.

Do budget analysts earn more in Santa Fe than elsewhere?

The average here is 18% less than the U.S. average for this job ($96,370).

Sources and how to read this page

  • Wages: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS), May 2025 estimates for metropolitan areas. SOC code 13-2031; area Santa Fe, NM (42140). Relative standard error of the mean wage: 3.5%.
  • U.S. and statewide figures: BLS OEWS national and state estimates, May 2025, every employer including rural areas.
  • Cost of living: Bureau of Economic Analysis regional price parities (RPP), 2024; 100 = U.S. average.
  • Home value: Zillow Home Value Index. Typical-wage figure: OEWS all occupations, same metro.
  • Take-home pay: Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and state income tax (2026 rules).
  • Job concentration: location quotient 2.74, this job is 2.7 times as concentrated as in the U.S. overall.

Read the full methodology. Spotted an error? Tell us.