How much does a Cost Analyst II make in Minnesota? The average Cost Analyst II salary in Minnesota is $82,257 as of March 26, 2024, but the range typically falls between $72,926 and $93,642. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.

Cost Analyst II Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Cost Analyst II Salary $64,430 MN March 26, 2024
25th Percentile Cost Analyst II Salary $72,926 MN March 26, 2024
50th Percentile Cost Analyst II Salary $82,257 MN March 26, 2024
75th Percentile Cost Analyst II Salary $93,642 MN March 26, 2024
90th Percentile Cost Analyst II Salary $104,008 MN March 26, 2024
25% $72,926 10% $64,430 90% $104,008 75% $93,642 $82,257 50%(Median) Didn’t find job title? Click
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What skills does a Cost Analyst II need?

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.

1.

Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.

2.

Economics: Economics is a social science that focuses on the production, distribution, and consumption of goods and services, and analyzes the choices that individuals, businesses, governments, and nations make to allocate resources.

3.

Microsoft Office: Microsoft Office is a suite of desktop productivity applications that is designed by Microsoft for business use. You can create documents containing text and images, work with data in spreadsheets and databases, create presentations and posters.

Analysis 16.38%
Economics 1.24%
Microsoft Office 2.2%
Others 80.18%

Job Description for Cost Analyst II

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. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Cost Analyst II in Minnesota

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Location Avg. Salary Date Updated
Location Lakeville, MN Avg. Salary $84,750 Date Updated March 26, 2024
Location Minnetonka, MN Avg. Salary $85,313 Date Updated March 26, 2024
Location Ada, MN Avg. Salary $75,986 Date Updated March 26, 2024
Location Adams, MN Avg. Salary $79,845 Date Updated March 26, 2024
Location Adolph, MN Avg. Salary $77,674 Date Updated March 26, 2024
Location Adrian, MN Avg. Salary $71,804 Date Updated March 26, 2024
Location Afton, MN Avg. Salary $84,670 Date Updated March 26, 2024
Location Ah Gwah Ching, MN Avg. Salary $77,192 Date Updated March 26, 2024
Location Aitkin, MN Avg. Salary $77,755 Date Updated March 26, 2024
Location Akeley, MN Avg. Salary $77,272 Date Updated March 26, 2024

Career Path for Cost Analyst II

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Cost Analyst II, the first career path typically starts with a Cost Analyst III position, and then progresses to Cost Analyst IV.

Additionally, the second career path typically progresses to Telecommunication Rates Manager.

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Jobs with a similar salary range to Cost Analyst II : Job Cost Administrator

Cost Analyst II Salary in Minnesota
Cost Analyst II Salary Graph, Regional Distribution and Summary