As of March 01, 2025, the average annual salary for a Cost Accountant I in Waukegan, IL is $68,862. According to Salary.com, salaries can range from a low of $56,018 to a high of $84,376, with most professionals earning between $62,139 and $76,982.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $77,525 | $6,460 | $1,491 | $37 |
| Average | $69,348 | $5,779 | $1,334 | $33 |
| 25th Percentile | $62,577 | $5,215 | $1,203 | $30 |
An entry-level Cost Accountant I with under 1 year experience makes about $67,976. With less than 2 years of experience, a mid-level Cost Accountant I makes around $68,701. After 2-4 years, the Cost Accountant I pay rises to about $70,396. Those senior Cost Accountant I with 5-8 years of experience earn roughly $70,736, and those Cost Accountant I having 8 years or more experience are expected to earn about $70,962 on average.
| Levels | Salary |
|---|---|
| Entry Level Cost Accountant I | $67,976 |
| Intermediate Level Cost Accountant I | $68,701 |
| Senior Level Cost Accountant I | $70,396 |
| Specialist Level Cost Accountant I | $70,736 |
| Expert Level Cost Accountant I | $70,962 |
| Entry Level | 2% |
| Mid Level | 1% |
| Senior Level | 2% |
| Top Level | 2% |
| Experienced | 2% |
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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
|
$75,748 |
10%
|
|
Coordination
|
$72,994 |
6%
|
|
Supply Chain
|
$72,305 |
5%
|
|
Team Operations
|
$72,305 |
5%
|
|
Commitment
|
$72,305 |
5%
|
|
Presentation
|
$71,617 |
4%
|
