According to the US Bureau of Labor Statistics, the median annual wage for management analysts is $85,660, while the median annual wage for consultants is $87,210. However, these figures represent averages across a wide range of industries and job roles, so the actual salary range can vary significantly. For example, consultants in high-demand fields such as technology or finance can earn significantly more than analysts in the same field. Additionally, senior-level consultants typically earn more than entry-level analysts.