The salary of a Cost Analyst II in the United States varies depending on several factors, including experience, location, education level, marketing trend and company sizes.
As of March 01, 2025, the average annual salary for a Cost Analyst II in the United States is $82,388. Salary.com reports that pay typically ranges from $73,041 to $93,794, with most professionals earning between $64,530 and $104,179.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $93,794 | $7,816 | $1,804 | $45 |
| Average | $82,388 | $6,866 | $1,584 | $40 |
| 25th Percentile | $73,041 | $6,087 | $1,405 | $35 |
An entry-level Cost Analyst II with less than 1 year of experience earns about $78,450. With 1-2 years of experience, the average salary increases to $78,726. For 2-4 years of experience, the pay typically rises to $82,328. Senior-level professionals with 5-8 years of experience earn around $87,042, and those with over 8 years of experience can expect an average of $87,379.
| Levels | Salary |
|---|---|
| Entry Level Cost Analyst II | $78,450 |
| Intermediate Level Cost Analyst II | $78,726 |
| Senior Level Cost Analyst II | $82,328 |
| Specialist Level Cost Analyst II | $87,042 |
| Expert Level Cost Analyst II | $87,379 |
| Entry Level | 5% |
| Mid Level | 4% |
| Senior Level | 0% |
| Top Level | 6% |
| Experienced | 6% |
Salaries in the United States differ widely between states due to factors like cost of living, local economies, and industry presence.
What Am I Worth?
Salaries in the United States can vary greatly between cities due to factors like cost of living, local economies, and industry presence.
As of March 01, 2025, our research reveals a significant shift in Cost Analyst II compensation over the past six years. For example, the median salary increased from $75,617 in 2023 to approximately $75,321 in 2024. (For a detailed analysis of Cost Analyst II salary trends, click here.)
Key factors like location, experience, industry demand, and economic growth significantly influence salary variations, making them important to consider.
Salary.com job board provides millions of Cost Analyst II information for you to search for. Click on search button below to see Cost Analyst II job openings or enter a new job title here.
Here are companies hiring for Cost Analyst II and their salaries, click below for more details.
| Core Compensation | ||||
| Core Compensation | Median | % of Total | ||
| Base Salary | $82,388 | 67.9% | ||
| Bonus | $3,490 | 2.9% | ||
| Value of Benefits | ||||
| Core Compensation | Median | % of Total | ||
| Social Security | $6,570 | 5.4% | ||
| 401K/403B | $3,607 | 3.0% | ||
| Disability | $1,718 | 1.4% | ||
| Healthcare | $8,352 | 6.9% | ||
| Pension | $4,637 | 3.8% | ||
| Time Off | $10,570 | 8.7% | ||
| Total Compensation | $121,332 | 100% | ||
| Degree Level | % of user with this level of education |
|---|---|
| High School | 4.0% |
| Associates | 4.0% |
| Bachelors | 66.7% |
| Masters | 25.3% |
What Am I Worth?
The average annual salary of Cost Analyst II is $82,388. In case you are finding an easy salary calculator, the average hourly pay of Cost Analyst II is $40; the average weekly pay of Cost Analyst II is $1,584; the average monthly pay of Cost Analyst II is $6,866.
A Cost Analyst II's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer. According to the latest salary data by Salary.com, a Cost Analyst II earns the most in San Jose, CA, where the annual salary of a Cost Analyst II is $103,397.
The highest pay for Cost Analyst II is $104,179.
The lowest pay for Cost Analyst II is $64,530.
Cost Analyst II provides cost analysis results to assist management in decision making or other financial initiatives. Performs variance analysis between actual and standard costs. Being a Cost Analyst II monitors, analyzes, and reports on inventory valuation, production, and various other costs. Typically requires a bachelor's degree or its equivalent. Additionally, Cost Analyst II typically reports to a Manager. The Cost Analyst II has exposure to some of the more complex tasks within the job function. Some supervision in several aspects of the work required. To be a Cost Analyst II typically requires 2 to 4 years of related experience.
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Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
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Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.
We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)
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