Cost Analyst I Salaries in Canada
Alternate Job Titles: Cost and Productivity Analyst I, Cost Variance and Control Analyst I, Inventory Control and Cost Analyst Entry
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How much does a Cost Analyst I in Canada make? The median annual Cost Analyst I salary in Canada is C$53,457, as of November 24, 2025, with a range usually between C$50,253-C$56,400 not including bonus and benefit information and other factors that impact base pay. However, the salary for someone with the title Cost Analyst I may vary depending on a number of factors including industry, company size, location, years of experience and level of education. Our team of Certified Compensation Professionals has analyzed survey data collected from thousands of HR departments at companies of all sizes and industries to present this range of annual salaries for people with the job title Cost Analyst I in Canada.
This chart describes the expected percentage of people who perform the job of Cost Analyst I that make less than that annual salary. For example the median expected annual pay for a typical Cost Analyst I in Canada is C$53,457, so 50% of the people who perform the job of Cost Analyst I in Canada are expected to make less than C$53,457.
Source: HR Reported data as of November 24, 2025
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This chart describes the expected percentage of people who perform the job of Cost Analyst I in , that make less than that salary. For example 50% of the people who perform the job of Cost Analyst I in are expected to make less than the median.
Source: HR Reported data as of November 24, 2025
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Performs variance analysis between actual and standard costs to assist management in decision making or other financial initiatives. Monitors, analyzes, and reports on inventory valuation, production, and various other costs. Provides productivity analysis. May require a bachelor's degree or its equivalent. Typically reports to a Manager. Works on projects/matters of limited complexity in a support role. Work is closely managed. Typically requires 0-2 years of related experience. View full job description
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