As of March 01, 2025, the average annual salary for a Cost Analyst I in Illinois is $67,891. According to Salary.com, salaries can range from a low of $57,631 to a high of $80,851, with most professionals earning between $62,521 and $74,675.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $72,996 | $6,083 | $1,404 | $35 |
| Average | $66,365 | $5,530 | $1,276 | $32 |
| 25th Percentile | $61,115 | $5,093 | $1,175 | $29 |
An entry-level Cost Analyst I with under 1 year experience makes about $67,491. With less than 2 years of experience, a mid-level Cost Analyst I makes around $68,094. After 2-4 years, the Cost Analyst I pay rises to about $69,613. Those senior Cost Analyst I with 5-8 years of experience earn roughly $69,916, and those Cost Analyst I having 8 years or more experience are expected to earn about $70,119 on average.
| Levels | Salary |
|---|---|
| Entry Level Cost Analyst I | $67,491 |
| Intermediate Level Cost Analyst I | $68,094 |
| Senior Level Cost Analyst I | $69,613 |
| Specialist Level Cost Analyst I | $69,916 |
| Expert Level Cost Analyst I | $70,119 |
| Entry Level | 2% |
| Mid Level | 3% |
| Senior Level | 5% |
| Top Level | 5% |
| Experienced | 6% |
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Cost Analyst I salary varies from city to city. Compared with national average salary of Cost Analyst I, the highest Cost Analyst I salary is in San Francisco, CA, where the Cost Analyst I salary is 25.0% above. The lowest Cost Analyst I salary is in Miami, FL, where the Cost Analyst I salary is 3.5% lower than national average salary.
| City, State | Price | Compared to national average |
|---|---|---|
| San Francisco, CA | $82,956 |
25.0%
|
| Washington, DC | $73,864 |
11.3%
|
| Miami, FL | $64,042 |
|
| Chicago, IL | $69,617 |
4.9%
|
| Boston, MA | $74,395 |
12.1%
|
| New York, NY | $77,514 |
16.8%
|
