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Senior cost analyst salary
Average senior cost analyst salary
$77,845
Understanding the Senior Cost Analyst Salary
The average salary for a Senior Cost Analyst stands at $77,845 annually, translating to about $37 per hour. This salary can vary based on factors such as geographic location, industry, and years of experience. For instance, Senior Cost Analysts in high-demand sectors like finance or technology may see higher compensation packages.
In terms of state averages, areas like California and New York typically offer the highest salaries, reflecting the cost of living and demand for skilled professionals in those markets. Furthermore, industries such as healthcare and manufacturing also tend to provide competitive salaries for Senior Cost Analysts due to the critical nature of cost management in these fields.
Career Opportunities and Growth
Overall, pursuing a career as a Senior Cost Analyst not only offers a solid salary but also ample opportunities for professional growth and development. As businesses continue to focus on financial efficiency, the demand for skilled analysts will likely rise, making this an attractive career path for those interested in finance and data analysis.
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Where can a Senior Cost Analyst earn more?
Senior cost analyst salary estimates from across the web
Average senior cost analyst salary by state
The average senior cost analyst salary in California, West Virginia, and Maryland are the highest in the U.S. The lowest average senior cost analyst salary states are Georgia, Nebraska, and Oklahoma.
- State view
- County view
Highest paying states for senior cost analysts
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | District of Columbia | $106,600 | $51.25 |
| 2 | California | $88,115 | $42.36 |
| 3 | Connecticut | $83,394 | $40.09 |
| 4 | Massachusetts | $83,788 | $40.28 |
| 5 | Maryland | $84,330 | $40.54 |
| 6 | Washington | $82,663 | $39.74 |
| 7 | Virginia | $78,853 | $37.91 |
| 8 | New Jersey | $83,775 | $40.28 |
| 9 | Rhode Island | $76,323 | $36.69 |
| 10 | Arizona | $76,424 | $36.74 |
| 11 | Oregon | $80,199 | $38.56 |
| 12 | West Virginia | $86,100 | $41.39 |
| 13 | New York | $78,910 | $37.94 |
| 14 | Pennsylvania | $76,143 | $36.61 |
| 15 | Maine | $82,489 | $39.66 |
| 16 | Vermont | $78,149 | $37.57 |
| 17 | Ohio | $73,646 | $35.41 |
| 18 | Michigan | $73,175 | $35.18 |
| 19 | Colorado | $72,623 | $34.91 |
| 20 | Delaware | $74,087 | $35.62 |
| 21 | Indiana | $72,582 | $34.90 |
| 22 | Nevada | $70,333 | $33.81 |
| 23 | Alabama | $69,201 | $33.27 |
| 24 | Utah | $69,892 | $33.60 |
| 25 | Missouri | $71,922 | $34.58 |
| 26 | Texas | $67,792 | $32.59 |
| 27 | Florida | $67,819 | $32.61 |
| 28 | Hawaii | $67,160 | $32.29 |
| 29 | New Hampshire | $70,460 | $33.88 |
| 30 | North Dakota | $68,149 | $32.76 |
| 31 | Minnesota | $66,749 | $32.09 |
| 32 | Wisconsin | $66,543 | $31.99 |
| 33 | South Carolina | $69,314 | $33.32 |
| 34 | Illinois | $63,819 | $30.68 |
| 35 | Alaska | $63,161 | $30.37 |
| 36 | Mississippi | $67,932 | $32.66 |
| 37 | Idaho | $66,548 | $31.99 |
| 38 | Wyoming | $64,677 | $31.09 |
| 39 | Louisiana | $66,976 | $32.20 |
| 40 | North Carolina | $61,647 | $29.64 |
| 41 | Kentucky | $63,840 | $30.69 |
| 42 | New Mexico | $65,011 | $31.26 |
| 43 | Georgia | $58,233 | $28.00 |
| 44 | Tennessee | $59,177 | $28.45 |
| 45 | Kansas | $62,447 | $30.02 |
| 46 | Iowa | $59,938 | $28.82 |
| 47 | Montana | $54,285 | $26.10 |
| 48 | Nebraska | $57,974 | $27.87 |
| 49 | Oklahoma | $56,554 | $27.19 |
| 50 | Arkansas | $48,383 | $23.26 |
| 51 | South Dakota | $52,470 | $25.23 |
Highest paying cities for senior cost analysts
The highest-paying cities for senior cost analysts are Washington, DC, San Francisco, CA, and Boston, MA.
| Rank | City | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Washington, DC | $106,634 | $51.27 |
| 2 | San Francisco, CA | $95,395 | $45.86 |
| 3 | Boston, MA | $83,834 | $40.30 |
| 4 | Bridgewater, NJ | $83,681 | $40.23 |
| 5 | Arlington, VA | $79,781 | $38.36 |
| 6 | Portland, OR | $79,550 | $38.25 |
| 7 | New York, NY | $79,215 | $38.08 |
| 8 | Philadelphia, PA | $76,708 | $36.88 |
| 9 | Phoenix, AZ | $76,515 | $36.79 |
| 10 | Detroit, MI | $73,614 | $35.39 |
| 11 | Saint Louis, MO | $72,940 | $35.07 |
| 12 | Indianapolis, IN | $72,510 | $34.86 |
| 13 | Denver, CO | $72,385 | $34.80 |
| 14 | Orlando, FL | $68,514 | $32.94 |
| 15 | Houston, TX | $67,846 | $32.62 |
| 16 | Plymouth, MN | $66,715 | $32.07 |
| 17 | Chicago, IL | $64,002 | $30.77 |
| 18 | Overland Park, KS | $62,547 | $30.07 |
| 19 | Atlanta, GA | $58,275 | $28.02 |
Senior cost analyst salary details
A senior cost analyst's salary ranges from $57,000 a year at the 10th percentile to $105,000 at the 90th percentile.
What is a senior cost analyst's salary?
| Percentile | Annual salary | Monthly salary | Hourly rate |
|---|---|---|---|
| 90th Percentile | $105,000 | $8,750 | $50 |
| 75th Percentile | $91,000 | $7,583 | $44 |
| Average | $77,845 | $6,487 | $37 |
| 25th Percentile | $66,000 | $5,500 | $32 |
| 10th Percentile | $57,000 | $4,750 | $27 |
Highest paying senior cost analyst jobs
The highest paying types of senior cost analysts are account leader, senior finance consultant, and accounting manager/controller.
| Job title | Annual salary | Monthly salary | Hourly rate | Job openings |
|---|---|---|---|---|
| Account Leader | $108,843 | $9,070 | $52.33 | 135,207 |
| Accounting Supervisor | $68,923 | $5,744 | $33.14 | 56,377 |
| Accounting Manager/Controller | $93,973 | $7,831 | $45.18 | 58,292 |
| Finance Analyst-Operations Finance | $67,736 | $5,645 | $32.57 | 144,067 |
| Cost Accounting Manager | $89,286 | $7,441 | $42.93 | 61,135 |
| Accounting Consultant | $62,830 | $5,236 | $30.21 | 74,894 |
How would you rate the starting salaries for senior cost analysts, as well as the prospects for salary advancement?
Dr. William Wood Ph.D.
Academic Unit Head, Economics; Director, Center for Economic Education, James Madison University
Top companies hiring senior cost analysts now:
Which companies pay senior cost analysts the most?
Senior cost analyst salaries at Apple and Oracle are the highest-paying according to our most recent salary estimates. In addition, the average senior cost analyst salary at companies like Bayer and Tesla are highly competitive.
| Rank | Company | Average salary | Hourly rate |
|---|---|---|---|
| 1 | Apple | $118,548 | $56.99 |
| 2 | Oracle | $106,935 | $51.41 |
| 3 | Bayer | $103,030 | $49.53 |
| 4 | Tesla | $102,968 | $49.50 |
| 5 | Gap Inc. | $102,587 | $49.32 |
| 6 | Western Digital | $100,273 | $48.21 |
| 7 | TreeHouse Foods | $99,576 | $47.87 |
| 8 | SC Johnson | $97,391 | $46.82 |
| 9 | American Axle & Manufacturing | $96,803 | $46.54 |
| 10 | The Clorox Company | $95,513 | $45.92 |
| 11 | Eversource Energy | $91,118 | $43.81 |
| 12 | Columbia Sportswear | $90,931 | $43.72 |
| 13 | Brooks Automation | $90,785 | $43.65 |
| 14 | Gentherm | $89,125 | $42.85 |
| 15 | The Kraft Heinz Company | $87,673 | $42.15 |
| 16 | Electric Reliability Council of Texas | $86,889 | $41.77 |
| 17 | Formlabs | $86,549 | $41.61 |
| 18 | Booz Allen Hamilton | $86,336 | $41.51 |
| 19 | Energy Transfer | $84,393 | $40.57 |
| 20 | Axiologic Solutions | $84,233 | $40.50 |
Wage gap by gender, race and education
Senior Cost Analyst salary by industry
The average senior cost analyst salary varies across industries:
- The average senior cost analyst salary in the automotive industry is $87,357, the highest of any industry.
- The average senior cost analyst salary in the finance industry is $81,894.
- Senior cost analysts in the technology industry earn an average salary of $76,017, the lowest of any industry.
Highest paying industries for senior cost analysts
| Rank | Industry | Average salary | Hourly rate |
|---|---|---|---|
| 1 | Automotive | $87,357 | $42.00 |
| 2 | Health Care | $81,894 | $39.37 |
| 3 | Manufacturing | $80,925 | $38.91 |
| 4 | Technology | $76,017 | $36.55 |
High paying senior cost analyst jobs
Senior cost analyst salary trends
The average senior cost analyst salary has risen by $9,739 over the last ten years. In 2014, the average senior cost analyst earned $68,106 annually, but today, they earn $77,845 a year. That works out to a 7% change in pay for senior cost analysts over the last decade.
Compare senior cost analyst salaries for cities or states with the national average over time.
Average senior cost analyst salary over time
Compare senior cost analyst salaries for individual cities or states with the national average.
Senior cost analyst salary by year
| Year | Avg. salary | Hourly rate | % Change |
|---|---|---|---|
| 2026 | $77,800 | $37.43 | +3.1% |
| 2025 | $75,400 | $36.27 | +0.4% |
| 2024 | $75,100 | $36.12 | +1.3% |
| 2023 | $74,200 | $35.66 | +1.9% |
| 2022 | $72,800 | $34.99 | +3.0% |
Recently added senior cost analyst salaries
| Company | Job | Location | Date added | Salary |
|---|---|---|---|---|
| Green Thumb Industries | Senior Cost Analyst | Chicago, IL | 06/29/2025 | $80,000 |
| Northrop Grumman | Senior Principal Cost Control Analyst | Gilbert, AZ | 06/28/2025 | $98,100 |
| Northrop Grumman | Senior Principal Cost Control Analyst | Dulles Town Center, VA | 06/28/2025 | $98,100 |
| Epiq Systems | Senior FP&A & Costing Analyst | Overland Park, KS | 06/28/2025 | $80,000 |
| Sargent & Lundy | Senior Cost Analyst | Phoenix, AZ | 06/27/2025 | $95,840 |
| Vicor Corporation | Senior Cost Analyst | Andover, MA | 06/26/2025 | $99,000 |
| Pacificorp | NET Power Cost Analyst (Assoc/Mid/Senior) Portland, or #113656 | Ione, OR | 06/26/2025 | $71,800 |
| Qualus | Senior Cost Analyst | South Plainfield, NJ | 06/26/2025 | $100,000 |
| Apogee Enterprises | SR Cost Analyst | Faribault, MN | 06/25/2025 | $81,000 |
| Perfetti Van Melle, USA | SR. Cost Analyst | Loves Park, IL | 06/25/2025 | $60,000 |
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