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How much does a Commodities Purchasing Specialist I make?

As of April 01, 2025, the average annual salary for a Commodities Purchasing Specialist I in the United States is $61,200. Salary.com reports that pay typically ranges from $56,300 to $66,300, with most professionals earning between $51,839 and $70,943.

Commodities Purchasing Specialist I Salaries by Percentile
Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $66,300 $5,525 $1,275 $32
Average $61,200 $5,100 $1,177 $29
25th Percentile $56,300 $4,692 $1,083 $27

Average Salary

25% $56,300 10% $51,839 90% $70,943 75% $66,300 $61,200 50%(Median)
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How much does a Commodities Purchasing Specialist I make by hour, week, month, and year?

Salary.com provides you with accurate and diversified Commodities Purchasing Specialist I salary data based on specialized databases to help you get a fairer salary. The average annual pay for a Commodities Purchasing Specialist I is about $61,200 a year, this translates to an approximate hourly rate of $29, a monthly salary of about $5,100, and a weekly pay of around $1,177 . Click the switch button below to see more details about Commodities Purchasing Specialist I hourly pay, weekly pay, monthly pay, and so on.

Last Updated on April 01, 2025

How Does Experience Level Affect a Commodities Purchasing Specialist I's Salary?

An entry-level Commodities Purchasing Specialist I with less than 1 year of experience earns about $60,834. With 1-2 years of experience, the average salary increases to $61,352. For 2-4 years of experience, the pay typically rises to $62,494. Senior-level professionals with 5-8 years of experience earn around $62,722, and those with over 8 years of experience can expect an average of $62,875.

Levels Salary
Entry Level Commodities Purchasing Specialist I $60,834
Intermediate Level Commodities Purchasing Specialist I $61,352
Senior Level Commodities Purchasing Specialist I $62,494
Specialist Level Commodities Purchasing Specialist I $62,722
Expert Level Commodities Purchasing Specialist I $62,875
$60,834 0 yr
$61,352 < 2 yrs
$62,494 2-4 yrs
$62,722 5-8 yrs
$62,875 > 8 yrs
Last Updated on April 01, 2025
Entry Level 1%
Mid Level 0%
Senior Level 2%
Top Level 2%
Experienced 3%
View as graph
Last Updated on April 01, 2025

How much does salary of Commodities Purchasing Specialist I vary from city to city?

Salaries in the United States can vary greatly between cities due to factors like cost of living, local economies, and industry presence.

For example, as of April 01, 2025:
  • In San Francisco, CA, the average yearly salary for a Commodities Purchasing Specialist I is $76,400.
  • In New York, NY, the average annual salary is $70,900.
  • In Boston, MA, a Commodities Purchasing Specialist I earns $68,200 per year.

What is the salary trend of Commodities Purchasing Specialist I?

As of April 01, 2025, our research reveals a significant shift in Commodities Purchasing Specialist I compensation over the past six years. For example, the median salary increased from $61,756 in 2023 to approximately $61,432 in 2024. (For a detailed analysis of Commodities Purchasing Specialist I salary trends, click here.)

Key factors like location, experience, industry demand, and economic growth significantly influence salary variations, making them important to consider.

Average Annual Salary of Commodities Purchasing Specialist I Over Time

2020
$???
2021
$???
2022
$???
$61,756
2023
$61,432
2024
$60,715
2025
2026
$???
Last Updated on April 01, 2025
2020
$???
2021
$???
2022
$???
2023
$61,756
2024
$61,432
2025
$60,715
2026
$???
Last Updated on April 01, 2025

Commodities Purchasing Specialist I Salary by Year

Year Average Annual Salary
2020 View More
2021 View More
2022 View More
2023 $61,756
2024 $61,432
2025 $60,715
2026 View More
Last Updated on April 01, 2025

Job Openings of Commodities Purchasing Specialist I

Salary.com job board provides millions of Commodities Purchasing Specialist I information for you to search for. Click on search button below to see Commodities Purchasing Specialist I job openings or enter a new job title here.

Most Common Benefits for Commodities Purchasing Specialist I

Based on HR-reported data: a national average with a geographic differential
Base Salary 68.9%
Bonuses 0.0%
Social Security 5.3%
401k/403b 2.9%
Disability 1.4%
Healthcare 9.4%
Pension 3.7%
Time Off 8.5%
Core Compensation
Core Compensation Median % of Total
Base Salary $61,200 68.9%
Bonus $0 0.0%
Value of Benefits
Core Compensation Median % of Total
Social Security $4,682 5.3%
401K/403B $2,570 2.9%
Disability $1,224 1.4%
Healthcare $8,352 9.4%
Pension $3,305 3.7%
Time Off $7,532 8.5%
Total Compensation $88,865 100%
Core Compensation is based on averages for this job and does not reflect personal factors used to determine your projected salary range.
Value of Benefits indicates the employer's expected contribution and paid time off.
Last Updated on April 01, 2025

FAQ about Commodities Purchasing Specialist I

1. How much do Best Buy specialists make?

As of January 7, 2025, the salary for a Commodities Purchasing Specialist ranges from $59,300 to $67,200 annually, with a mid-salary of $62,800. This translates to approximately $28.50 to $32.30 per hour, depending on experience and specific role within the company.

2. What is the highest salary in purchase department?

The highest salary for a Commodities Purchasing Specialist is $67,200. In the purchasing department, roles such as Purchase Officer, Senior Officer, and Senior Purchase Officer can offer competitive salaries, but specific figures may vary. The Commodities Purchasing Specialist role provides a solid salary range, with a minimum of $59,300 and a midpoint of $62,800.

3. Does commodities trading pay well?

Commodities trading can offer competitive salaries. For a Commodities Purchasing Specialist, the salary ranges from a minimum of $59,300 to a maximum of $67,200, with a midpoint of $62,800. This indicates a solid earning potential within the field, reflecting the importance of expertise in commodities management.

4. What does a commodity specialist do?

A commodity specialist, also known as a supply chain specialist, manages inventory purchases for a company. They research market costs, identify optimal suppliers, and negotiate pricing and contracts. The salary for this role typically ranges from $59,300 to $67,200, with a mid-point of $62,800, reflecting the expertise and responsibilities involved.

5. How much does a 4 year specialist make?

A Commodities Purchasing Specialist with four years of experience typically earns between $59,300 and $67,200 annually, with a mid-salary of around $62,800. While some cities like San Francisco and Santa Clara offer higher salaries, the average for this role remains within the specified range.

6. What is the average salary for a specialist in the US?

The average salary for a Commodities Purchasing Specialist in the United States ranges from $59,300 to $67,200, with a midpoint of $62,800. This reflects a competitive compensation structure for specialists in this field, highlighting the value of their expertise in the commodities market.

About Our Data

Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.

We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)

With the most extensive online, real-time compensation data available, Salary.com helps you pinpoint your exact pay target.

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The average salary for a Commodities Purchasing Specialist I is $61,200 per year in the United States, updated at April 01, 2025.
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