Compared with the local labor market
Principal Budget Analyst pay vs. the Chicago-Naperville-Elgin, IL-IN area
Across all employers in the Chicago-Naperville-Elgin, IL-IN area, the median wage for Budget Analysts — about 430 people — is $88,460. Office of Budget & Management pays a median base salary of $112,080 for this role, 27% above that figure — about the 75th percentile of local pay for the occupation.
Where Office of Budget & Management sits in the local pay range
$57,490
$70,020
$88,460
$112,280
$133,820
Office of Budget & Management median · $112,080
The bar is the range of annual wages for Budget Analysts across every employer in the Chicago-Naperville-Elgin, IL-IN area, from the 10th to the 90th percentile, with the middle 50% highlighted. The marker shows Office of Budget & Management’s median base salary for this role. Both figures are base pay only.
And across the country
Nationwide, the median wage for Budget Analysts — about 47,160 people — is $91,640. Office of Budget & Management’s median base salary is 22% above that national figure, about the 73rd percentile of pay for the occupation nationally.
$62,250
$75,320
$91,640
$114,220
$136,660
Office of Budget & Management median · $112,080
Local and national wages differ for reasons beyond how well a job pays — cost of living, the mix of employers, and local demand for the occupation all move the Chicago-Naperville-Elgin, IL-IN range relative to the national one.
Median total compensation for this role at Office of Budget & Management is $112,080, which includes overtime and employer-paid benefits. The benchmark above excludes both, so total compensation is deliberately not compared against it.
Benchmark: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (May 2025). BLS Occupational Employment and Wage Statistics (OEWS) covers all employers in the area — private, non-profit, and government alike — so this is a comparison against the whole local labor market for the occupation, not against private-sector pay. OEWS wages are straight-time pay and exclude overtime, shift differentials, and employer-paid benefits, so the government figure shown here is base pay on the same basis. Total compensation is not comparable to it. Job titles are matched to the closest standard occupation, so the comparison is between similar work rather than an identical job classification.