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Cost Accounting Managers play a crucial role in organizations, focusing on cost control and financial efficiency. As of October 2025, the average salary for this position is $89,286 annually. However, salaries can vary significantly based on factors such as geographical location, industry, and years of experience.
Top Paying States: Certain areas offer higher compensation for Cost Accounting Managers. States like California and New York are known for competitive salaries, often influenced by the cost of living and demand for skilled professionals. Additionally, experience levels greatly impact earning potential; those with more years in the field typically command higher wages.
Salary by Experience: Entry-level positions may start at lower salaries, while seasoned Cost Accounting Managers can earn well above the average, reflecting their expertise and contributions to financial strategy. Understanding these dynamics can guide job seekers in making informed career decisions.
For those considering a career in cost accounting, this profession offers not only solid financial rewards but also the opportunity to influence an organization’s financial health.
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| Experience level | Avg. salary | Hourly rate |
|---|---|---|
| Entry-level cost accounting manager | $61,400 | $29.51 |
| Mid-level cost accounting manager | $95,000 | $45.68 |
| Senior-level cost accounting manager | $146,000 | $70.21 |
The average cost accounting manager salary in Connecticut, Massachusetts, and Maryland are the highest in the U.S. The lowest average cost accounting manager salary states are Maine, Utah, and Wyoming.
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Connecticut | $103,160 | $49.60 |
| 2 | Massachusetts | $99,722 | $47.94 |
| 3 | Nevada | $93,439 | $44.92 |
| 4 | Texas | $93,700 | $45.05 |
| 5 | Pennsylvania | $91,773 | $44.12 |
| 6 | Delaware | $89,592 | $43.07 |
| 7 | New York | $92,631 | $44.53 |
| 8 | Maryland | $94,251 | $45.31 |
| 9 | Georgia | $90,138 | $43.34 |
| 10 | Alabama | $89,701 | $43.13 |
| 11 | South Carolina | $90,718 | $43.61 |
| 12 | New Jersey | $92,141 | $44.30 |
| 13 | Ohio | $87,893 | $42.26 |
| 14 | Arizona | $85,016 | $40.87 |
| 15 | South Dakota | $89,195 | $42.88 |
| 16 | North Carolina | $86,517 | $41.59 |
| 17 | Virginia | $86,761 | $41.71 |
| 18 | Kentucky | $87,843 | $42.23 |
| 19 | Michigan | $84,953 | $40.84 |
| 20 | California | $86,874 | $41.77 |
| 21 | Rhode Island | $85,639 | $41.17 |
| 22 | Kansas | $86,771 | $41.72 |
| 23 | Minnesota | $84,197 | $40.48 |
| 24 | District of Columbia | $84,324 | $40.54 |
| 25 | Arkansas | $79,355 | $38.15 |
| 26 | New Mexico | $84,412 | $40.58 |
| 27 | Alaska | $82,536 | $39.68 |
| 28 | Tennessee | $79,390 | $38.17 |
| 29 | Oregon | $81,786 | $39.32 |
| 30 | New Hampshire | $82,293 | $39.56 |
| 31 | Washington | $79,863 | $38.40 |
| 32 | Wisconsin | $80,021 | $38.47 |
| 33 | Vermont | $84,209 | $40.49 |
| 34 | Idaho | $83,342 | $40.07 |
| 35 | Illinois | $79,212 | $38.08 |
| 36 | West Virginia | $80,073 | $38.50 |
| 37 | Florida | $79,104 | $38.03 |
| 38 | Colorado | $77,800 | $37.40 |
| 39 | Missouri | $78,464 | $37.72 |
| 40 | Mississippi | $78,999 | $37.98 |
| 41 | Indiana | $77,924 | $37.46 |
| 42 | North Dakota | $78,673 | $37.82 |
| 43 | Utah | $72,921 | $35.06 |
| 44 | Montana | $74,321 | $35.73 |
| 45 | Hawaii | $71,620 | $34.43 |
| 46 | Louisiana | $77,949 | $37.48 |
| 47 | Wyoming | $72,302 | $34.76 |
| 48 | Oklahoma | $74,535 | $35.83 |
| 49 | Iowa | $70,646 | $33.96 |
| 50 | Maine | $73,953 | $35.55 |
| 51 | Nebraska | $69,311 | $33.32 |
The highest-paying cities for cost accounting managers are Boston, MA, Columbia, MD, and San Antonio, TX.
| Rank | City | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Boston, MA | $99,722 | $47.94 |
| 2 | Columbia, MD | $94,193 | $45.29 |
| 3 | San Antonio, TX | $94,190 | $45.28 |
| 4 | Las Vegas, NV | $92,881 | $44.65 |
| 5 | New York, NY | $92,696 | $44.57 |
| 6 | Jersey City, NJ | $92,295 | $44.37 |
| 7 | Rock Hill, SC | $91,197 | $43.84 |
| 8 | Alpharetta, GA | $90,184 | $43.36 |
| 9 | Pittsburgh, PA | $90,030 | $43.28 |
| 10 | San Francisco, CA | $89,363 | $42.96 |
| 11 | Columbus, OH | $88,045 | $42.33 |
| 12 | Greenville, NC | $87,702 | $42.16 |
| 13 | Phoenix, AZ | $85,006 | $40.87 |
| 14 | Washington, DC | $84,324 | $40.54 |
| 15 | Beaverton, OR | $81,571 | $39.22 |
| 16 | Seattle, WA | $80,151 | $38.53 |
| 17 | Tampa, FL | $80,145 | $38.53 |
| 18 | Chicago, IL | $79,428 | $38.19 |
| 19 | Saint Louis, MO | $79,279 | $38.11 |
| 20 | Indianapolis, IN | $78,043 | $37.52 |
A cost accounting manager's salary ranges from $67,000 a year at the 10th percentile to $118,000 at the 90th percentile.

| Percentile | Annual salary | Monthly salary | Hourly rate |
|---|---|---|---|
| 90th Percentile | $118,000 | $9,833 | $57 |
| 75th Percentile | $103,000 | $8,583 | $50 |
| Average | $89,286 | $7,441 | $43 |
| 25th Percentile | $77,000 | $6,417 | $37 |
| 10th Percentile | $67,000 | $5,583 | $32 |
The highest paying types of cost accounting managers are accounting director, finance leader, and risk manager.
| Job title | Annual salary | Monthly salary | Hourly rate | Job openings |
|---|---|---|---|---|
| Division Controller | $110,117 | $9,176 | $52.94 | 41,679 |
| Finance Controller | $105,869 | $8,822 | $50.90 | 97,342 |
| Plant Controller | $99,550 | $8,296 | $47.86 | 47,555 |
| Finance Leader | $117,284 | $9,774 | $56.39 | 93,582 |
| Manager/Finance Accounting | $91,315 | $7,610 | $43.90 | 132,824 |
| Tax Manager | $96,100 | $8,008 | $46.20 | 79,204 |
Top companies hiring cost accounting managers now:
Cost accounting manager salaries at Microsoft and AbbVie are the highest-paying according to our most recent salary estimates. In addition, the average cost accounting manager salary at companies like Cisco and Dole are highly competitive.
| Rank | Company | Average salary | Hourly rate |
|---|---|---|---|
| 1 | Microsoft | $110,117 | $52.94 |
| 2 | AbbVie | $108,788 | $52.30 |
| 3 | Cisco | $105,835 | $50.88 |
| 4 | Dole | $104,924 | $50.44 |
| 5 | PACCAR | $103,900 | $49.95 |
| 6 | Stryker | $103,629 | $49.82 |
| 7 | Golden State Foods | $103,588 | $49.80 |
| 8 | Florida Power and Light | $102,014 | $49.05 |
| 9 | BD | $101,760 | $48.92 |
| 10 | VF | $101,595 | $48.84 |
| 11 | Dexcom | $101,287 | $48.70 |
| 12 | OSI Group | $99,694 | $47.93 |
| 13 | Analysts | $99,134 | $47.66 |
| 14 | Turner & Townsend | $98,202 | $47.21 |
| 15 | GILLIG | $97,671 | $46.96 |
| 16 | Teva Pharmaceuticals | $96,864 | $46.57 |
| 17 | Skechers | $96,287 | $46.29 |
| 18 | Faithful+Gould | $95,173 | $45.76 |
| 19 | Ashley HomeStore | $94,615 | $45.49 |
| 20 | SeaSpine | $94,077 | $45.23 |
The average cost accounting manager salary varies across industries:
| Rank | Industry | Average salary | Hourly rate |
|---|---|---|---|
| 1 | Manufacturing | $89,769 | $43.16 |
| 2 | Retail | $88,624 | $42.61 |
| 3 | Technology | $87,229 | $41.94 |
| 4 | Professional | $85,637 | $41.17 |
The average cost accounting manager salary has risen by $17,979 over the last ten years. In 2014, the average cost accounting manager earned $71,307 annually, but today, they earn $89,286 a year. That works out to a 10% change in pay for cost accounting managers over the last decade.
Compare cost accounting manager salaries for cities or states with the national average over time.
Compare cost accounting manager salaries for individual cities or states with the national average.
| Year | Avg. salary | Hourly rate | % Change |
|---|---|---|---|
| 2026 | $89,300 | $42.93 | +3.2% |
| 2025 | $86,400 | $41.55 | +1.5% |
| 2024 | $85,200 | $40.95 | +2.3% |
| 2023 | $83,200 | $40.01 | +2.7% |
| 2022 | $81,000 | $38.95 | +3.1% |
| Company | Job | Location | Date added | Salary |
|---|---|---|---|---|
| RSM | Accounting and Finance Consulting Manager-Cost Accounting | Boston, MA | 06/30/2025 | $88,900 |
| RSM | Accounting and Finance Consulting Manager-Cost Accounting | Pittsburgh, PA | 06/30/2025 | $88,900 |
| Ttm Technologies | Cost Accounting Manager (Aerospace & Defense) | Syracuse, NY | 06/29/2025 | $98,715 |
| Global Channel Management, Inc. | Remote Cost Accounting Manager | Sandy Springs, GA | 06/29/2025 | $108,524 |
| Global Channel Management, Inc. | Senior Cost Accounting MGR | Marlborough, MA | 06/29/2025 | $160,699 |
| Cohnreznick | Cost Segregation Manager | Denver, CO | 06/28/2025 | $110,000 |
| Pierce Manufacturing | Cost Accounting Finance Manager | Hagerstown, MD | 06/28/2025 | $102,800 |
| Related Companies | Cost Manager | New York, NY | 06/27/2025 | $130,000 |
| Grail | Cost Accounting Manager | Menlo Park, CA | 06/27/2025 | $130,000 |
| ANI Pharmaceuticals | Cost Accounting Manager, CMO Inventory | Princeton, NJ | 06/26/2025 | $110,000 |
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