How much does a Cost Analyst I make in the United States? The average Cost Analyst I salary in the United States is $60,663 as of September 27, 2021, but the range typically falls between $54,215 and $68,383. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. 

Based on HR-reported data: a national average with a geographic differential
25% $54,215 10% $48,345 90% $75,411 75% $68,383 $60,663 50%(Median)
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Check out Cost Analyst jobs in Virginia

Financial Analyst - Program Budgets

Fun Town RV - Arlington, VA

Systems Cost Analyst

Aerospace Corporation - Chantilly, VA

Budget Analyst - Senior/Expert Level

National Reconnaissance Office (NRO) - Chantilly, VA

Job Description for Cost Analyst I

Cost Analyst I performs variance analysis between actual and standard costs to assist management in decision making or other financial initiatives. Monitors, analyzes, and reports on inventory valuation, production, and various other costs. Being a Cost Analyst I provides productivity analysis. May require a bachelor's degree or its equivalent. Additionally, Cost Analyst I typically reports to a Manager. The Cost Analyst I works on projects/matters of limited complexity in a support role. Work is closely managed. To be a Cost Analyst I typically requires 0-2 years of related experience. (Copyright 2021 Salary.com)... View full job description

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Job Openings for Cost Analyst I
Those that have already made the climb...
Vincent Palazzolo, Former Chief Financial Officer
CPI Aerostructures, Inc. engages in the contract production of structural aircraft parts for fixed wing aircraft and helicopters in the commercial and defense markets. The company also offers aero systems, such as reconnaissance pod structures and fuel panel systems; and supplies parts for maintenance, repair, and over... More
Fiscal Year Ended in 2019
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City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-2.6%
City, State Chicago, IL Compared to national average
+ 6.1%
City, State Boston, MA Compared to national average
+ 12.7%
City, State New York, NY Compared to national average
+ 20.3%
City, State Dallas, TX Compared to national average
-0.7%

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Average Base Salary

Core compensation

 
 
 
54215
68383
60663

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
55275
70122
62907
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Cost Analyst I in the United States. The base salary for Cost Analyst I ranges from $54,215 to $68,383 with the average base salary of $60,663. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $55,275 to $70,122 with the average total cash compensation of $62,907.
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54215
68383

 

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Skills associated with Cost Analyst I: Variance Analysis, Variance Reporting, Cost Analysis, Profitability Analysis ...More

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Salary estimation for Cost Analyst I at companies like : CPI AEROSTRUCTURES INC, DORIAN LPG LTD, Howmet Aerospace Inc.

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