As of April 01, 2025, the average annual salary for a Cost Accountant I in Springfield, IL is $67,057. According to Salary.com, salaries can range from a low of $54,543 to a high of $82,162, with most professionals earning between $60,507 and $74,963.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $77,618 | $6,468 | $1,493 | $37 |
| Average | $69,431 | $5,786 | $1,335 | $33 |
| 25th Percentile | $62,649 | $5,221 | $1,205 | $30 |
An entry-level Cost Accountant I with under 1 year experience makes about $66,114. With less than 2 years of experience, a mid-level Cost Accountant I makes around $66,819. After 2-4 years, the Cost Accountant I pay rises to about $68,468. Those senior Cost Accountant I with 5-8 years of experience earn roughly $68,798, and those Cost Accountant I having 8 years or more experience are expected to earn about $69,018 on average.
| Levels | Salary |
|---|---|
| Entry Level Cost Accountant I | $66,114 |
| Intermediate Level Cost Accountant I | $66,819 |
| Senior Level Cost Accountant I | $68,468 |
| Specialist Level Cost Accountant I | $68,798 |
| Expert Level Cost Accountant I | $69,018 |
| Entry Level | 5% |
| Mid Level | 4% |
| Senior Level | 1% |
| Top Level | 1% |
| Experienced | 1% |
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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
|
$73,762 |
10%
|
|
Coordination
|
$71,080 |
6%
|
|
Supply Chain
|
$70,410 |
5%
|
|
Team Operations
|
$70,410 |
5%
|
|
Commitment
|
$70,410 |
5%
|
|
Presentation
|
$69,739 |
4%
|
