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Cost Analyst IV Salary in the United States

How much does a Cost Analyst IV make in the United States?

As of August 01, 2026, the average salary for a Cost Analyst IV in the United States is $120,633 per year, which breaks down to an hourly rate of $58.

However, a Cost Analyst IV's salary can vary significantly. Here’s a look at the typical salary range:

  • Top Earners (90th percentile): $135,489
  • Majority Range (25th-75th percentile): $111,793 to $128,409
  • Entry-Level (10th percentile): $103,745
Salary Factors Salary-Boosting Skills Salary by Experience Related Job Salaries Top Paying Cities Explore Related Jobs

Key Factors That Influence Cost Analyst IV Salaries

A Cost Analyst IV's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, education and company size can directly affect your earning potential.

How Experience Level Affects Cost Analyst IV Salaries?

Experience is a primary driver of a Cost Analyst IV's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:

  • Cost Analyst I (0-2 years): $66,340
  • Cost Analyst II (2-4 years): $82,701
  • Cost Analyst III (4-7 years): $94,774
  • Cost Analyst IV (7+ years): $120,633
Job Role Years of Experience Average Salary
Cost Analyst I0-2 years$66,340
Cost Analyst II2-4 years$82,701
Cost Analyst III4-7 years$94,774
Cost Analyst IV7+ years$120,633
View as Graph

How Do Cost Analyst IVs Salaries Vary from State to State?

Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Cost Analyst IVs. For example, consider the average annual salaries in these key locations:
  • District of Columbia: $133,565.
  • California: $133,058.
  • Massachusetts: $131,285.

Top Paying Cities for Cost Analyst IV

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

  • San Jose: $152,154
  • San Francisco: $150,488
  • Oakland: $147,317

What Skills Can Increase a Cost Analyst IV's Salary?

Demanded Skills for the Role:

  • Analysis (Mentioned in 21.31% Job Postings): Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
  • Purchasing (Mentioned in 1.69% Job Postings): Purchasing refers to a business or organization attempting to acquire goods or services to accomplish its goals. Although there are several organizations that attempt to set standards in the purchasing process, processes can vary greatly between organizations. Typically the word “purchasing” is not used interchangeably with the word “procurement”, since procurement typically includes expediting, supplier quality, and transportation and logistics (T&L) in addition to purchasing.
  • Microsoft Excel (Mentioned in 1.31% Job Postings): Microsoft Excel is a spreadsheet developed by Microsoft for Windows, macOS, Android and iOS. It features calculation or computation capabilities, graphing tools, pivot tables, and a macro programming language called Visual Basic for Applications.
Skills Demand Percentage
Analysis 21.31%
Purchasing 1.69%
Microsoft Excel 1.31%
See More Skills

What skills can make your compensation higher?

Mastering certain specialized skills can lead to a significant increase in pay. Here are examples of skills and the potential impact they can have on a Cost Analyst IV's salary.

  • Financial Management: Can increase your salary by up to 13%.
  • Insight: Can increase your salary by up to 8%.
  • Program Management: Can increase your salary by up to 8%.
Skill Salary Salary % Increase
Financial Management $136,315
13%
Insight $130,284
8%
Program Management $130,284
8%
Get Latest Data

Cost Analyst IV Salary by Company Size: Startups vs. Enterprise

Cost Analyst IV salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $135,042. While startup companies pay approximate $114,242.

Cost Analyst IV Salary by Company Size

Company Size Employees Average Salary
Startup 1~50 $114,242
Growth Stage 51~500 $120,825
Established 501~5000 $130,407
Enterprise 5000+ $135,042

Cost Analyst IV Salary by Industry: Top Paying Sectors

For Cost Analyst IV roles, the industry you choose can affect earning potential by as much as 40% (the gap between the highest and lowest paying industries). Data shows that the Energy & Utilities and Healthcare sectors offer the strongest compensation, at 20% above the average. In contrast, Cost Analyst positions in Financial Services or Hospitality & Leisure typically offer lower base pay, as these industries often view Cost Analyst IV as a support function rather than a direct revenue driver.

The top paying industries for a Cost Analyst IV

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Energy & Utilities$144,760$70.020%
Healthcare$139,934$67.016%
Aerospace & Defense$135,109$65.012%
Construction$132,696$64.010%
Insurance$130,284$63.08%

How Education impacts an Cost Analyst IV's Salary?

Your level of education can impact your salary potential. While many Cost Analyst IV enter the field with a Bachelor's Degree, higher education can lead to more specialized and higher-paying roles.

According to our 100% employer-reported salary data, the median salary for an Cost Analyst IV with a Bachelor's Degree is between $117,162 and $125,313.

Cost Analyst IV Salaries by Degree Level

Typical Education for Cost Analyst IV
Degree Level % of user with this level of education
No Diploma 7.5%
High School 7.5%
Associates 3.8%
Bachelors 49.1%
Masters 39.6%
Doctorate 0.0%
View as Graph

Cost Analyst IV Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Cost Analyst IV's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.

Last Updated on August 01, 2026
$111,793
Average $120,633/year
$128,409
$9,316
Average $10,053/month
$10,701
$2,150
Average $2,320/week
$2,469
$54
Average $58/hour
$62
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $128,409 $10,701 $2,469 $62
Average $120,633 $10,053 $2,320 $58
25th Percentile $111,793 $9,316 $2,150 $54

Cost Analyst IV Salary Growth & Career Path

Cost Analyst IV

Next Role

For a Cost Analyst IV, the most direct path to higher earnings is advancing to the Telecommunication Rates Manager role. This promotion typically comes with a significant pay increase, bringing the average annual salary to $116,269 - a projected growth of -4% over your current level.

Most common benefits for Cost Analyst IV

  • Social Security
  • 401 (k)
  • Disability
  • Healthcare
  • Pension
  • Time Off (days)

Common company salaries for Cost Analyst IV

Here are companies hiring for Cost Analyst IV and their salaries, click below for more details.

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FAQ about Cost Analyst IV

1. Where can a Cost Analyst IV earn the most?

A Cost Analyst IV'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 IV earns the most in San Jose, CA, where the annual salary of a Cost Analyst IV is $152,154.

2. What is the highest pay for Cost Analyst IV?

The highest pay for Cost Analyst IV is $135,489.

3. What is the lowest pay for Cost Analyst IV?

The lowest pay for Cost Analyst IV is $103,745.

4. What are the responsibilities of Cost Analyst IV?

Provides cost analysis results to assist senior management in decision making or other financial initiatives. Monitors, analyzes, and reports on inventory valuation, production, and various other costs. Review reports/data files and makes recommendations. Ensures productivity analysis is provided for utilization. Requires a bachelor's degree or its equivalent. Typically reports to a Manager. A specialist on complex technical and business matters. Work is highly independent. May assume a team lead role for the work group. Typically requires 7+ years of related experience.

5. What industry pays the highest salary for Cost Analyst IV?

The Energy & Utilities industry offers the highest average compensation for Cost Analyst IV roles, with salaries approximately 20% above the market median.

Where Does Our Salary Data Come From?

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.)

With the most extensive online, real-time compensation data available, Salary.com helps you pinpoint your exact pay target.

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