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Cost Accountant II Salary in Alcester, SD

How much does a Cost Accountant II make in Alcester, SD?

As of August 01, 2026, the average salary for a Cost Accountant II in Alcester, SD is $73,188 per year, which breaks down to an hourly rate of $35.

However, a Cost Accountant II's salary can vary significantly. Here’s a look at the typical salary range:

  • Top Earners (90th percentile): $85,833
  • Majority Range (25th-75th percentile): $67,659 to $79,807
  • Entry-Level (10th percentile): $62,625
Salary Factors Salary-Boosting Skills Salary by Experience Related Job Salaries Top Paying Cities Explore Related Jobs

Key Factors That Influence Cost Accountant II Salaries

A Cost Accountant II'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, skills and company size can directly affect your earning potential.

How Experience Level Affects Cost Accountant II Salaries?

Experience is a primary driver of a Cost Accountant II'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:

  • Cost Accountant I (0-2 years): $61,983
  • Cost Accountant II (2-4 years): $73,188
  • Cost Accountant III (4-7 years): $86,879
  • Cost Accountant IV (7+ years): $100,575
  • Cost Accounting Supervisor (7+ years): $98,419
Job Role Years of Experience Average Salary
Cost Accountant I0-2 years$61,983
Cost Accountant II2-4 years$73,188
Cost Accountant III4-7 years$86,879
Cost Accountant IV7+ years$100,575
Cost Accounting Supervisor7+ years$98,419
View as Graph

Top Paying Cities for Cost Accountant II

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: $100,528
  • San Francisco: $99,427
  • Oakland: $97,332

What Skills Can Increase a Cost Accountant II's Salary?

Demanded Skills for the Role:

  • Analysis (Mentioned in 13.68% Job Postings): Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
  • Bill of Materials (Mentioned in 1.58% Job Postings): Applying tools, methods, and practices in creating a list of raw materials, components, and instructions required to create a product.
  • Financial Reporting (Mentioned in 1.06% Job Postings): Reporting all activities and transactions to track and assess the financial health of the business.
Skills Demand Percentage
Analysis 13.68%
Bill of Materials 1.58%
Financial Reporting 1.06%
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 Accountant II's salary.

  • Innovation: Can increase your salary by up to 7%.
  • Supply Chain: Can increase your salary by up to 3%.
  • Commitment: Can increase your salary by up to 3%.
Skill Salary Salary % Increase
Innovation $78,311
7%
Supply Chain $75,384
3%
Commitment $75,384
3%
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Cost Accountant II Salary by Company Size: Startups vs. Enterprise

Cost Accountant II salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $81,930. While startup companies pay approximate $69,311.

Cost Accountant II Salary by Company Size

Company Size Employees Average Salary
Startup 1~50 $69,311
Growth Stage 51~500 $73,304
Established 501~5000 $79,118
Enterprise 5000+ $81,930

Cost Accountant II Salary by Industry: Top Paying Sectors

For Cost Accountant II roles, the industry you choose can affect earning potential by as much as 50% (the gap between the highest and lowest paying industries). Data shows that the Software & Networking and Insurance sectors offer the strongest compensation, at 25% above the average. In contrast, Cost Accountant positions in Hospitality & Leisure or Transportation typically offer lower base pay, as these industries often view Cost Accountant II as a support function rather than a direct revenue driver.

The top paying industries for a Cost Accountant II

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Software & Networking$99,628$48.025%
Insurance$95,642$46.020%
Pharmaceuticals$95,642$46.020%
Financial Services$91,657$44.015%
Aerospace & Defense$87,672$42.010%

Cost Accountant II Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Cost Accountant II'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 August 01, 2026
$67,659
Average $73,188/year
$79,807
$5,638
Average $6,099/month
$6,651
$1,301
Average $1,407/week
$1,535
$33
Average $35/hour
$38
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $79,807 $6,651 $1,535 $38
Average $73,188 $6,099 $1,407 $35
25th Percentile $67,659 $5,638 $1,301 $33

Cost Accountant II Salary Growth & Career Path

Cost Accountant II

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Advancement

For a Cost Accountant II, the most direct path to higher earnings is advancing to the Cost Accountant III role. This promotion typically comes with a significant pay increase, bringing the average annual salary to $86,879 - a projected growth of 19% over your current level.

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Cost of Living In Alcester, SD

Cost of Living in Alcester, SD is
-3.3% Lower
than the National Average

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