Best states for a cost analyst

Q: What is the best state for cost analysts?

The best state to be a cost analyst is District of Columbia based on cost analyst salaries and job opportunities.

Q: What is the highest paying state for cost analysts?

The highest paying state for cost analysts is Arkansas based on Zippia’s salary database.

Q: What is the worst state for cost analysts?

The worst state for cost analysts is Montana, due to a combination of low salaries and few job opportunities.

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Do you want to become a cost analyst at Lockheed Martin, and you wonder what that means or entails? We have the full list of best states for cost analysts that you can check out, before you begin your journey. We wanted to look at the best states for cost analysts -- where there are plenty of cost analyst jobs to go around and cost analysts get paid what they deserve during every phase of their career.

To do that, we looked at the most recent data we have available for the following criteria -- average annual wages, and availability of jobs for cost analysts.We found that the West is best for cost analysts, and the Northeast is the worst. Washington, DC is the best city in the country for cost analyst jobs, where as District of Columbia is the best state in the country.

10 best states for cost analysts in 2025

1. District of Columbia
Total cost analyst jobs: 467
Average annual salary: $79,106
Lowest 10 percent earn: $56,000
Highest 10 percent earn: $109,000
Location Quotient:
2.65
Cost analyst jobs in District of Columbia
2. Virginia
Total cost analyst jobs: 1,544
Average annual salary: $68,045
Lowest 10 percent earn: $48,000
Highest 10 percent earn: $95,000
Location Quotient:
1.56
Cost analyst jobs in Virginia
3. Colorado
Total cost analyst jobs: 706
Average annual salary: $63,067
Lowest 10 percent earn: $46,000
Highest 10 percent earn: $85,000
Location Quotient:
1.13
Cost analyst jobs in Colorado
4. Maryland
Total cost analyst jobs: 959
Average annual salary: $62,590
Lowest 10 percent earn: $45,000
Highest 10 percent earn: $86,000
Location Quotient:
1.44
Cost analyst jobs in Maryland
5. Michigan
Total cost analyst jobs: 798
Average annual salary: $61,075
Lowest 10 percent earn: $44,000
Highest 10 percent earn: $83,000
Location Quotient:
0.98
Cost analyst jobs in Michigan
6. Massachusetts
Total cost analyst jobs: 967
Average annual salary: $61,290
Lowest 10 percent earn: $44,000
Highest 10 percent earn: $83,000
Location Quotient:
1
Cost analyst jobs in Massachusetts
7. Connecticut
Total cost analyst jobs: 340
Average annual salary: $61,209
Lowest 10 percent earn: $44,000
Highest 10 percent earn: $84,000
Location Quotient:
0.98
Cost analyst jobs in Connecticut
8. North Dakota
Total cost analyst jobs: 126
Average annual salary: $55,979
Lowest 10 percent earn: $41,000
Highest 10 percent earn: $75,000
Location Quotient:
1.29
Cost analyst jobs in North Dakota
9. Vermont
Total cost analyst jobs: 66
Average annual salary: $60,117
Lowest 10 percent earn: $44,000
Highest 10 percent earn: $81,000
Location Quotient:
0.82
Cost analyst jobs in Vermont
10. New Jersey
Total cost analyst jobs: 787
Average annual salary: $61,590
Lowest 10 percent earn: $44,000
Highest 10 percent earn: $84,000
Location Quotient:
0.94
Cost analyst jobs in New Jersey

Cost analyst jobsNear Columbus, OH

How Zippia determines the best states to be a cost analyst

You can read about how the best state rankings are calculated here.

Detailed list of the best states for a cost analyst

Rank	State	Average salary	Lowest 10% earn	Population	Job count
1	District of Columbia	$79,106	$56,000	693,972	467
2	Virginia	$68,045	$48,000	8,470,020	1,544
3	Colorado	$63,067	$46,000	5,607,154	706
4	Maryland	$62,590	$45,000	6,052,177	959
5	Michigan	$61,075	$44,000	9,962,311	798
6	Massachusetts	$61,290	$44,000	6,859,819	967
7	Connecticut	$61,209	$44,000	3,588,184	340
8	North Dakota	$55,979	$41,000	755,393	126
9	Vermont	$60,117	$44,000	623,657	66
10	New Jersey	$61,590	$44,000	9,005,644	787
11	West Virginia	$64,415	$46,000	1,815,857	73
12	Maine	$62,812	$46,000	1,335,907	73
13	Washington	$59,335	$43,000	7,405,743	753
14	New York	$58,085	$42,000	19,849,399	1,786
15	Missouri	$56,746	$41,000	6,113,532	535
16	Ohio	$55,801	$40,000	11,658,609	838
17	Pennsylvania	$56,335	$40,000	12,805,537	943
18	Rhode Island	$55,663	$40,000	1,059,639	101
19	Delaware	$54,685	$39,000	961,939	149
20	Indiana	$55,368	$40,000	6,666,818	464
21	Wisconsin	$52,301	$38,000	5,795,483	595
22	Minnesota	$53,650	$39,000	5,576,606	713
23	Oregon	$56,687	$41,000	4,142,776	330
24	North Carolina	$53,750	$38,000	10,273,419	853
25	Arizona	$53,931	$38,000	7,016,270	563
26	Alabama	$51,555	$36,000	4,874,747	456
27	Illinois	$52,967	$38,000	12,802,023	1,334
28	California	$54,120	$38,000	39,536,653	3,276
29	Kansas	$49,612	$36,000	2,913,123	684
30	Alaska	$53,284	$45,000	739,795	78
31	Wyoming	$51,755	$38,000	579,315	42
32	Florida	$50,862	$35,000	20,984,400	1,568
33	Utah	$51,304	$37,000	3,101,833	265
34	Hawaii	$50,038	$39,000	1,427,538	111
35	New Hampshire	$52,108	$38,000	1,342,795	127
36	Texas	$48,870	$34,000	28,304,596	2,136
37	Mississippi	$50,199	$35,000	2,984,100	128
38	South Carolina	$50,814	$35,000	5,024,369	257
39	Oklahoma	$42,935	$30,000	3,930,864	969
40	Nevada	$48,553	$34,000	2,998,039	163
41	Idaho	$48,624	$35,000	1,716,943	122
42	Iowa	$48,034	$35,000	3,145,711	224
43	Louisiana	$48,596	$34,000	4,684,333	198
44	Kentucky	$47,984	$34,000	4,454,189	216
45	Tennessee	$44,614	$31,000	6,715,984	486
46	Arkansas	$36,617	$26,000	3,004,279	277
47	Nebraska	$47,279	$34,000	1,920,076	153
48	New Mexico	$46,923	$33,000	2,088,070	135
49	Georgia	$43,432	$30,000	10,429,379	873
50	South Dakota	$43,425	$32,000	869,666	85
51	Montana	$42,079	$31,000	1,050,493	72

Highest paying states for cost analysts

Rank	State	Avg. Cost Analyst Salary
1	District of Columbia	$79,106
2	Virginia	$68,045
3	Colorado	$63,067
4	Maryland	$62,590
5	Michigan	$61,075
6	Massachusetts	$61,290
7	Connecticut	$61,209
8	North Dakota	$55,979
9	Vermont	$60,117
10	New Jersey	$61,590
11	West Virginia	$64,415
12	Maine	$62,812
13	Washington	$59,335
14	New York	$58,085
15	Missouri	$56,746
16	Ohio	$55,801
17	Pennsylvania	$56,335
18	Rhode Island	$55,663
19	Delaware	$54,685
20	Indiana	$55,368
21	Wisconsin	$52,301
22	Minnesota	$53,650
23	Oregon	$56,687
24	North Carolina	$53,750
25	Arizona	$53,931
26	Alabama	$51,555
27	Illinois	$52,967
28	California	$54,120
29	Kansas	$49,612
30	Alaska	$53,284
31	Wyoming	$51,755
32	Florida	$50,862
33	Utah	$51,304
34	Hawaii	$50,038
35	New Hampshire	$52,108
36	Texas	$48,870
37	Mississippi	$50,199
38	South Carolina	$50,814
39	Oklahoma	$42,935
40	Nevada	$48,553
41	Idaho	$48,624
42	Iowa	$48,034
43	Louisiana	$48,596
44	Kentucky	$47,984
45	Tennessee	$44,614
46	Arkansas	$36,617
47	Nebraska	$47,279
48	New Mexico	$46,923
49	Georgia	$43,432
50	South Dakota	$43,425
51	Montana	$42,079

Cost analyst best states FAQs

What is the best state for cost analysts?

What is the highest paying state for cost analysts?

What is the worst state for cost analysts?

Have more questions? See all answers to common business and financial questions.

Search for cost analyst jobs

Updated January 8, 2025

Browse business and financial jobs

Total cost analyst jobs:	467
Average annual salary:	$79,106
Lowest 10 percent earn:	$56,000
Highest 10 percent earn:	$109,000
Location Quotient:	2.65

Best states for a cost analyst

10 best states for cost analysts in 2025

1. District of Columbia

2. Virginia

3. Colorado

4. Maryland

5. Michigan

6. Massachusetts

7. Connecticut

8. North Dakota

9. Vermont

10. New Jersey