As of April 01, 2025, the average annual salary for a Cost Analyst III in Grand Rapids, MI is $96,262. Salary.com reports that pay typically ranges from $84,475 to $111,054, with most professionals earning between $73,743 and $124,522.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $116,153 | $9,679 | $2,234 | $56 |
| Average | $100,682 | $8,390 | $1,936 | $48 |
| 25th Percentile | $88,353 | $7,363 | $1,699 | $42 |
An entry-level Cost Analyst III with under 1 year experience makes about $89,886. With less than 2 years of experience, a mid-level Cost Analyst III makes around $90,756. After 2-4 years, the Cost Analyst III pay rises to about $92,494. Those senior Cost Analyst III with 5-8 years of experience earn roughly $99,462, and those Cost Analyst III having 8 years or more experience are expected to earn about $103,386 on average.
| Levels | Salary |
|---|---|
| Entry Level Cost Analyst III | $89,886 |
| Intermediate Level Cost Analyst III | $90,756 |
| Senior Level Cost Analyst III | $92,494 |
| Specialist Level Cost Analyst III | $99,462 |
| Expert Level Cost Analyst III | $103,386 |
| Entry Level | 11% |
| Mid Level | 10% |
| Senior Level | 8% |
| Top Level | 1% |
| Experienced | 3% |
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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.
Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
Pricing: Pricing is a process of fixing the value that a manufacturer will receive in the exchange of services and goods.
ERP Systems: Leveraging advanced tools and software systems to automate and manage core business functions cost-effectively to maximize performance.
| Skill | Salary | Demand |
|---|---|---|
|
Data Analysis
|
$100,112 |
4%
|
|
Project Control
|
$100,112 |
4%
|
|
Commitment
|
$100,112 |
4%
|
|
Communicates Effectively
|
$99,150 |
3%
|
|
Financial Management
|
$99,150 |
3%
|
|
Scheduling
|
$99,150 |
3%
|
