As of April 22, 2025, the average annual salary for a Cost Analyst I in India is ₹ 6,32,973, with an hourly rate of ₹ 304, according to Salary.com Global Salary IQ data. The average salary ranges from ₹ 5,17,628 to ₹ 6,49,717, influenced by factors like location, education, experience, and more.

Global Market Data
25TH   ₹ 5,17,628
50TH(Median)   ₹ 6,32,973
75TH   ₹ 6,49,717
Cost Analyst I Salaries by Percentile
Percentile Salary Location Last Updated
25th Percentile Cost Analyst I Salary ₹ 5,17,628 India April 22, 2025
50th Percentile Cost Analyst I Salary ₹ 6,32,973 India April 22, 2025
75th Percentile Cost Analyst I Salary ₹ 6,49,717 India April 22, 2025

Unlock Intelligence on Your Competitors' Salaries Across 35 Countries

Real-time global intelligence that empowers you to make competitive pay decisions and align offers with global trends.

SalaryIQTM

How Much Does a Cost Analyst I Make by Hour, Week, Month, and Year?

Last Updated on April 22, 2025

Salary.com provides you with accurate and diversified Cost Analyst I salary data based on specialized databases to help you get a fairer salary. The average annual pay for a Cost Analyst I is about ₹ 6,32,973 a year, this translates to an approximate hourly rate of ₹ 304, a monthly salary of about ₹ 52,748, and a weekly pay of around ₹ 12,173. Click the switch button below to see more details about Cost Analyst I hourly pay, weekly pay, monthly pay, and so on.

How Much Do Cost Analyst Is Earn at Different Levels in 2025?

A Cost Analyst I's salary varies significantly based on experience level. Entry typically earn ₹ 37,032 - ₹ 39,220, while Intermediate make ₹ 37,531 - ₹ 39,584, Senior earn ₹ 38,465 - ₹ 40,266, Specialist earn ₹ 38,590 - ₹ 40,403, Expert can reach ₹ 38,776 - ₹ 40,494 or more, depending on the company and location.

Levels Salary
Entry Level Cost Analyst I ₹ 38,590
Intermediate Level Cost Analyst I ₹ 38,992
Senior Level Cost Analyst I ₹ 39,675
Specialist Level Cost Analyst I ₹ 39,811
Expert Level Cost Analyst I ₹ 39,902
₹ 38,590 0 yr
₹ 38,992 < 2 yrs
₹ 39,675 2-4 yrs
₹ 39,811 5-8 yrs
₹ 39,902 > 8 yrs
Entry Level 94%
Intermediate Level 94%
Senior Level 94%
Specialist Level 94%
Expert Level 94%
View as Table
View as Graph
Last Updated on April 22, 2025

What are the Highest Paying Cities in India for Cost Analyst I?

The top 3 highest-paying cities in India for Cost Analyst I are Mumbai, Kanpur, and Jaipur. In Mumbai, the average salary is ₹ 6,85,979 per year, while Kanpur offers ₹ 5,91,204, and Jaipur pays around ₹ 5,74,767 annually.

Which Job Pays More: Cost and Productivity Analyst I or Cost Analyst I?

As of April 22, 2025 , a Cost and Productivity Analyst I makes more than a Cost Analyst I. A Cost and Productivity Analyst I earns an average annual salary of ₹ 6,93,721. And a Cost Analyst I earns an average annual salary of ₹ 6,32,973.

Job Title Salary Range in INR
Cost and Productivity Analyst I
₹ 5,11,342
₹ 9,07,734
Cost Variance and Control Analyst I
₹ 5,10,682
₹ 9,06,564
Cost Accountant I
₹ 3,97,762
₹ 7,21,903
Cost Analyst II
₹ 7,21,004
₹ 11,66,291