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Salary data from BLS Occupational Employment and Wage Statistics

Budget Analysts Salary: Boulder, CO vs Santa Maria-Santa Barbara, CA

Budget Analysts earn a median of $104,550 in Boulder, CO and $108,630 in Santa Maria-Santa Barbara, CA. That is a nominal gap of $4,080 (-3.8%), with Santa Maria-Santa Barbara, CA paying more before any cost-of-living adjustment.

Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics survey, May 2024 estimates. Cost-of-living adjustment uses BEA Regional Price Parities, most recent release.

$104,550
Boulder, CO median
$99,380 after COL
$108,630
Santa Maria-Santa Barbara, CA median
$99,846 after COL
-3.8%
Nominal gap
Santa Maria-Santa Barbara, CA leads
-0.5%
Adjusted gap
Santa Maria-Santa Barbara, CA leads after COL

The story behind the numbers

On raw wages, Santa Maria-Santa Barbara, CA pays $4,080 more per year than Boulder, CO for budget analysts, a gap of +3.8%.

After adjusting for cost of living, Santa Maria-Santa Barbara, CA still comes out ahead, with roughly $465 of extra purchasing power (+0.5% real gap). Local prices do not reverse the nominal advantage.

Full breakdown by location

Detailed wage, employment, and cost-of-living figures for budget analysts in each location. Click through to the full local salary page for percentiles, outlook, and peer areas.

Budget Analysts

Boulder, CO

Median salary
$104,550
Mean salary
$110,620
Employment
110
Location quotient
1.89
Jobs per 1,000
0.6
COL-adjusted median
$99,380
Regional Price Parity
105.2%

Exact metro RPP match.

Full Budget Analysts page for Boulder, CO →

Budget Analysts

Santa Maria-Santa Barbara, CA

Median salary
$108,630
Mean salary
$106,490
Employment
80
Location quotient
1.23
Jobs per 1,000
0.4
COL-adjusted median
$99,846
Regional Price Parity
108.8%

Exact metro RPP match.

Full Budget Analysts page for Santa Maria-Santa Barbara, CA →

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Common questions about this comparison

What does the cost-of-living adjustment actually do? +

It divides each location's nominal median wage by its Regional Price Parity (RPP), which measures how local prices compare to the national average (100 = national). A wage of $100,000 in an area with RPP 120 has the same purchasing power as roughly $83,000 nationally.

Why would the nominal and adjusted winners disagree? +

High-cost metros often pay higher salaries, but not by enough to fully offset the higher cost of housing, goods, and services. When that happens, the location with the lower nominal wage actually offers more real purchasing power.

What is a location quotient? +

The location quotient measures how concentrated an occupation is in a given area versus the national average. A value of 2.0 means the occupation is twice as common there as nationally. It is a signal of what a metro specializes in.