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Cost Variance and Control Analyst III Salary in the United States

How much does a Cost Variance and Control Analyst III make in the United States?

As of October 01, 2026, the average salary for a Cost Variance and Control Analyst III in the United States is $97,720 per year, which breaks down to an hourly rate of $47.

However, a Cost Variance and Control Analyst III's salary can vary significantly. Here’s a look at the typical salary range:

  • Top Earners (90th percentile): $113,749
  • Majority Range (25th-75th percentile): $87,330 to $106,110
  • Entry-Level (10th percentile): $77,870
Salary Factors Salary-Boosting Skills Salary by Experience Related Job Salaries Top Paying Cities Explore Related Jobs

Key Factors That Influence Cost Variance and Control Analyst III Salaries

A Cost Variance and Control Analyst III's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how geographic location, education and company size can directly affect your earning potential.

How Do Cost Variance and Control Analyst III Salaries Vary from State to State?

Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Cost Variance and Control Analyst IIIs. For example, consider the average annual salaries in these key locations:
  • District of Columbia: $108,190.
  • California: $107,780.
  • Massachusetts: $106,350.

Top Paying Cities for Cost Variance and Control Analyst IIIs

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

  • San Jose: $123,250
  • San Francisco: $121,900
  • Oakland: $119,330

What Skills Can Increase a Cost Variance and Control Analyst III's Salary?

Demanded Skills for the Role:

  • Analysis (Mentioned in 21.38% Job Postings): Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
  • Purchasing (Mentioned in 1.7% Job Postings): Purchasing refers to a business or organization attempting to acquire goods or services to accomplish its goals. Although there are several organizations that attempt to set standards in the purchasing process, processes can vary greatly between organizations. Typically the word “purchasing” is not used interchangeably with the word “procurement”, since procurement typically includes expediting, supplier quality, and transportation and logistics (T&L) in addition to purchasing.
  • Microsoft Excel (Mentioned in 1.29% Job Postings): Microsoft Excel is a spreadsheet developed by Microsoft for Windows, macOS, Android and iOS. It features calculation or computation capabilities, graphing tools, pivot tables, and a macro programming language called Visual Basic for Applications.
Skills Demand Percentage
Analysis 21.38%
Purchasing 1.7%
Microsoft Excel 1.29%
See More Skills

What skills can make your compensation higher?

Mastering certain specialized skills can lead to a significant increase in pay. Here are examples of skills and the potential impact they can have on a Cost Variance and Control Analyst III's salary.

  • Data Analysis: Can increase your salary by up to 4%.
  • Project Control: Can increase your salary by up to 4%.
  • Commitment: Can increase your salary by up to 4%.
Skill Salary Salary % Increase
Data Analysis $101,629
4%
Project Control $101,629
4%
Commitment $101,629
4%
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Cost Variance and Control Analyst III Salary by Company Size: Startups vs. Enterprise

Cost Variance and Control Analyst III salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $109,094. While startup companies pay approximate $92,375.

Cost Variance and Control Analyst III Salary by Company Size

Company Size Employees Average Salary
Startup 1~50 $92,375
Growth Stage 51~500 $97,675
Established 501~5000 $105,339
Enterprise 5000+ $109,094

Cost Variance and Control Analyst III Salary by Industry: Top Paying Sectors

For Cost Variance and Control Analyst III roles, the industry you choose can affect earning potential by as much as 40% (the gap between the highest and lowest paying industries). Data shows that the Biotechnology and Aerospace & Defense sectors offer the strongest compensation, at 20% above the average. In contrast, Cost Variance and Control Analyst positions in Hospitality & Leisure or Transportation typically offer lower base pay, as these industries often view Cost Variance and Control Analyst III as a support function rather than a direct revenue driver.

The top paying industry for a Cost Variance and Control Analyst III

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Biotechnology$117,264$56.020%

How Education impacts a Cost Variance and Control Analyst III's Salary?

Your level of education can impact your salary potential. While many Cost Variance and Control Analyst IIIs enter the field with a Bachelor's Degree degree, higher education can lead to more specialized and higher-paying roles.

According to our 100% employer-reported salary data, the median salary for a Cost Variance and Control Analyst III with a Bachelor's Degree is between $94,152 and $101,310).

Cost Variance and Control Analyst III Salaries by Degree Level

Typical Education for Cost Variance and Control Analyst III
Degree Level % of user with this level of education
No Diploma 2.3%
High School 59.1%
Associates 2.3%
Bachelors 59.1%
Masters 38.6%
Doctorate 0.0%
View as Graph

Cost Variance and Control Analyst III Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Cost Variance and Control Analyst III's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.

Last Updated on October 01, 2026
$87,330
Average $97,720/year
$106,110
$7,278
Average $8,143/month
$8,843
$1,679
Average $1,879/week
$2,041
$42
Average $47/hour
$51
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $106,110 $8,843 $2,041 $51
Average $97,720 $8,143 $1,879 $47
25th Percentile $87,330 $7,278 $1,679 $42

Cost Variance and Control Analyst III Salary Growth & Career Path

Cost Variance and Control Analyst III

Next Role

Promotions are the fastest way to increase your earnings. As a Cost Variance and Control Analyst III, you have the following paths for advancement. The table below compares the salary raises for common next-step roles. By comparing these figures, you can choose the career path that best meets your financial goals.

Next Step Role Estimate Salary Projected Raise
Cost and Productivity Analyst IV $120,700 24%
Telecommunications Rate Schedule Manager $112,400 15%

Most common benefits for Cost Variance and Control Analyst III

  • Social Security
  • 401 (k)
  • Disability
  • Healthcare
  • Pension
  • Time Off (days)

Common company salaries for Cost Variance and Control Analyst III

Here are companies hiring for Cost Variance and Control Analyst III and their salaries, click below for more details.

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FAQ about Cost Variance and Control Analyst III

1. What industry pays the highest salary for Cost Variance and Control Analyst III?

The Biotechnology industry offers the highest average compensation for Cost Variance and Control Analyst III roles, with salaries approximately 20% above the market median.

2. What is a cost analyst III?

As a Cost Analyst III, you will be part of the finance department supporting the site controller and collaborating with FP&A analysts. The role requires strong analytical skills, attention to detail, and effective communication abilities. The salary for this position ranges from $87,860 to $115,510, with a midpoint of $100,130, reflecting the importance of this role in the organization.

3. What is a good salary package in USA?

A good salary package in the USA varies by role and location. For a Cost Variance and Control Analyst, the salary ranges from $87,860 to $115,510, with a midpoint of $100,130. This range reflects the competitive nature of the job market and the importance of experience and qualifications in determining salary levels.

4. What is the salary in variance?

The salary for a Cost Variance and Control Analyst typically ranges from $87,860 to $115,510, with a midpoint of $100,130. This reflects the varying levels of experience and expertise within the role, providing a competitive compensation package in the field.

5. Do analysts get paid well?

In the US, Cost Variance and Control Analysts earn competitive salaries, with a minimum of $87,860, a mid-range of $100,130, and a maximum of $115,510. This reflects the growing demand for skilled analysts, with salaries varying based on experience and specific roles within the field.

6. What is a cost control analyst?

A cost control analyst examines and manages a company's expenses, focusing on reducing inefficiencies and lowering costs. They analyze financial data to identify trends and provide insights for better decision-making. The salary for this role typically ranges from $87,860 to $115,510, with a midpoint of $100,130, reflecting the importance of their contributions to financial health.

7. How much does a QC Analyst 2 make in Boston?

A Cost Variance and Control Analyst in Boston typically earns between $87,860 and $115,510 annually, with a median salary around $100,130. This range reflects the varying levels of experience and expertise within the field.

Where Does Our Salary Data Come From?

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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