As of March 01, 2025, the average annual salary for a Cost Accountant I in Frederick, MD is $72,490. According to Salary.com, salaries can range from a low of $61,839 to a high of $90,476, with most professionals earning between $66,914 and $81,904.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $76,261 | $6,355 | $1,467 | $37 |
| Average | $67,495 | $5,625 | $1,298 | $32 |
| 25th Percentile | $62,304 | $5,192 | $1,198 | $30 |
An entry-level Cost Accountant I with under 1 year experience makes about $72,074. With less than 2 years of experience, a mid-level Cost Accountant I makes around $72,771. After 2-4 years, the Cost Accountant I pay rises to about $74,878. Those senior Cost Accountant I with 5-8 years of experience earn roughly $75,300, and those Cost Accountant I having 8 years or more experience are expected to earn about $75,581 on average.
| Levels | Salary |
|---|---|
| Entry Level Cost Accountant I | $72,074 |
| Intermediate Level Cost Accountant I | $72,771 |
| Senior Level Cost Accountant I | $74,878 |
| Specialist Level Cost Accountant I | $75,300 |
| Expert Level Cost Accountant I | $75,581 |
| Entry Level | 7% |
| Mid Level | 8% |
| Senior Level | 11% |
| Top Level | 12% |
| Experienced | 12% |
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Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.
Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
CPA: A CPA, or Certified Public Accountant, is a trusted financial advisor who helps individuals, businesses, and other organizations plan and reach their financial goals.
Generally Accepted Accounting Principles: Helping and maintaining accounting rules and standards for financial reporting to ensure consistency and transparency.
| Skill | Salary | Demand |
|---|---|---|
|
Leadership
|
$79,739 |
10%
|
|
Coordination
|
$76,839 |
6%
|
|
Supply Chain
|
$76,114 |
5%
|
|
Team Operations
|
$76,114 |
5%
|
|
Commitment
|
$76,114 |
5%
|
|
Presentation
|
$75,389 |
4%
|
