As of April 01, 2025, the average annual salary for a Cost Analyst IV in Burnsville, MN is $125,193. Salary.com reports that pay typically ranges from $116,034 to $135,067, with most professionals earning between $107,694 and $144,056.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $129,424 | $10,785 | $2,489 | $62 |
| Average | $119,963 | $9,997 | $2,307 | $58 |
| 25th Percentile | $111,186 | $9,266 | $2,138 | $53 |
An entry-level Cost Analyst IV with under 1 year experience makes about $120,408. With less than 2 years of experience, a mid-level Cost Analyst IV makes around $121,092. After 2-4 years, the Cost Analyst IV pay rises to about $121,776. Those senior Cost Analyst IV with 5-8 years of experience earn roughly $124,236, and those Cost Analyst IV having 8 years or more experience are expected to earn about $129,172 on average.
| Levels | Salary |
|---|---|
| Entry Level Cost Analyst IV | $120,408 |
| Intermediate Level Cost Analyst IV | $121,092 |
| Senior Level Cost Analyst IV | $121,776 |
| Specialist Level Cost Analyst IV | $124,236 |
| Expert Level Cost Analyst IV | $129,172 |
| Entry Level | 0% |
| Mid Level | 1% |
| Senior Level | 2% |
| Top Level | 4% |
| Experienced | 8% |
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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 |
|---|---|---|
|
Financial Management
|
$141,469 |
13%
|
|
Insight
|
$135,209 |
8%
|
|
Program Management
|
$135,209 |
8%
|
|
Economics
|
$133,957 |
7%
|
|
Analytical Skills
|
$133,957 |
7%
|
|
Consulting
|
$132,705 |
6%
|
