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As of August 01, 2026, the average salary for a Freight Cost Analyst III in Illinois is $94,700 per year, which breaks down to an hourly rate of $46.
However, a Freight Cost Analyst III's salary can vary significantly. Here’s a look at the typical salary range:
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Freight Cost Analyst III Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $108,900 | $9,075 | $2,094 | $52 |
| Average | $94,700 | $7,892 | $1,821 | $46 |
| 25th Percentile | $85,400 | $7,117 | $1,642 | $41 |
Kaiser Permanente - COUNTRY PARK ACRES, NC
Kaiser Permanente - COUNTRY PARK ACRES, NC
MasTec - CASTLEWOOD, CO
Micro Center - HILLIARD, OH
A Freight Cost Analyst III's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, and company size can directly affect your earning potential.
Experience is a primary driver of a Freight Cost Analyst III's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:
| Job Role | Years of Experience | Average Salary |
|---|---|---|
| Entry Traffic/Rate Analyst | 0-2 years | $63,116 |
| Freight Cost Analyst II | 2-4 years | $73,322 |
| Freight Cost Analyst III | 4-7 years | $94,636 |
| Freight Cost Analyst IV | 7+ years | $115,454 |
What Am I Worth?
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 Freight Cost Analyst IIIs. For example, consider the average annual salaries in these key locations:
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:
Freight Cost Analyst III salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $106,011. While startup companies pay approximate $89,683.
| Company Size | Employees | Average Salary |
|---|---|---|
| Startup | 1~50 | $89,683 |
| Growth Stage | 51~500 | $94,850 |
| Established | 501~5000 | $102,373 |
| Enterprise | 5000+ | $106,011 |
For Freight Cost Analyst III roles, the industry you choose can affect earning potential by as much as 20% (the gap between the highest and lowest paying industries). Data shows that the Aerospace & Defense and Business Services sectors offer the strongest compensation, at 10% above the average. In contrast, Freight Cost Analyst positions in Transportation or Software & Networking typically offer lower base pay, as these industries often view Freight Cost Analyst III as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Aerospace & Defense | $104,170 | $50.0 | 10% |
| Business Services | $104,170 | $50.0 | 10% |
| Construction | $104,170 | $50.0 | 10% |
| Energy & Utilities | $104,170 | $50.0 | 10% |
| Healthcare | $104,170 | $50.0 | 10% |
Understanding how a Freight Cost 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.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $108,900 | $9,075 | $2,094 | $52 |
| Average | $94,700 | $7,892 | $1,821 | $46 |
| 25th Percentile | $85,400 | $7,117 | $1,642 | $41 |
For a Freight Cost Analyst III, the most direct path to higher earnings is advancing to the Freight Cost Analyst IV role. This promotion typically comes with a significant pay increase, bringing the average annual salary to $115,500 - a projected growth of 22% over your current level.
Ready to take the next step in your career? Browse thousands of current Freight Cost Analyst III job openings on our job board. Use the search bar below to find your perfect match.
Marvin
BISMARCK, ND
Marvin | BISMARCK, ND
Marvin is seeking a Senior Cost Accountant to support our Manufacturing operations within the Finance, Accounting & Administration team. In this people-fir... more
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Marvin
FARGO, ND
Marvin | FARGO, ND
Marvin is seeking a Senior Cost Accountant to support our Manufacturing operations within the Finance, Accounting & Administration team. In this people-fir... more
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Marvin
OMAHA, NE
Marvin | OMAHA, NE
Marvin is seeking a Senior Cost Accountant to support our Manufacturing operations within the Finance, Accounting & Administration team. In this people-fir... more
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Marvin
BLACKHAWK VILLAGE, IA
Marvin | BLACKHAWK VILLAGE, IA
Marvin is seeking a Senior Cost Accountant to support our Manufacturing operations within the Finance, Accounting & Administration team. In this people-fir... more
7 Days Ago
Marvin
SOUTH DES MOINES, IA
Marvin | SOUTH DES MOINES, IA
Marvin is seeking a Senior Cost Accountant to support our Manufacturing operations within the Finance, Accounting & Administration team. In this people-fir... more
7 Days Ago
Marvin
BETTENDORF, IA
Marvin | BETTENDORF, IA
Marvin is seeking a Senior Cost Accountant to support our Manufacturing operations within the Finance, Accounting & Administration team. In this people-fir... more
7 Days Ago
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