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As of August 01, 2026, the average salary for a Project Cost Accountant in Maryland is $80,718 per year, which breaks down to an hourly rate of $39.
However, a Project Cost Accountant's salary can vary significantly. Here’s a look at the typical salary range:
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Project Cost Accountant Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $87,537 | $7,295 | $1,683 | $42 |
| Average | $80,718 | $6,727 | $1,552 | $39 |
| 25th Percentile | $74,053 | $6,171 | $1,424 | $36 |
Summit Federal Services, LLC - Cumberland, MD
Dixon Valve & Coupling Company LLC - Chestertown, MD
Tate - Columbia, MD
Michael Baker International - Baltimore, MD
A Project Cost Accountant'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 and company size can directly affect your earning potential.
Experience is a primary driver of a Project Cost Accountant'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:
| Levels | Salary |
|---|---|
| Cost Acco... Level Project Cost Accountant | $69,537 |
| Project C... Level Project Cost Accountant | $82,107 |
| Cost Acco... Level Project Cost Accountant | $97,467 |
| Cost Acco... Level Project Cost Accountant | $112,832 |
| Cost Acco... Level Project Cost Accountant | $110,413 |
What Am I Worth?
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 Project Cost Accountants. For example, consider the average annual salaries in these key locations:
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:
For Project Cost Accountant roles, the industry you choose can affect earning potential by as much as 50% (the gap between the highest and lowest paying industries). Data shows that the Software & Networking and Insurance sectors offer the strongest compensation, at 25% above the average. In contrast, Project Cost Accountant positions in Hospitality & Leisure or Transportation typically offer lower base pay, as these industries often view Project Cost Accountant as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Software & Networking | $100,898 | $49.0 | 25% |
| Insurance | $96,862 | $47.0 | 20% |
| Pharmaceuticals | $96,862 | $47.0 | 20% |
| Financial Services | $92,826 | $45.0 | 15% |
| Aerospace & Defense | $88,790 | $43.0 | 10% |
Understanding how a Project Cost Accountant'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.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $87,537 | $7,295 | $1,683 | $42 |
| Average | $80,718 | $6,727 | $1,552 | $39 |
| 25th Percentile | $74,053 | $6,171 | $1,424 | $36 |
Ready to take the next step in your career? Browse thousands of current Project Cost Accountant job openings on our job board. Use the search bar below to find your perfect match.
Michael Baker International
Linthicum Heights, MD
Michael Baker International | Linthicum Heights, MD
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CHATTANOOGA, TN
Sherman and Reilly Inc | CHATTANOOGA, TN
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Thompson Golf Management
GILBERT, AZ
Thompson Golf Management | GILBERT, AZ
Location: Gilbert, AZ (On-site for first 2–4 months, future remote possibilities) Company: Thompson Golf Group About Us: Thompson Golf Group is a growing g... more
2 Days Ago
Novaspect
SCHAUMBURG, IL
Novaspect | SCHAUMBURG, IL
Novaspect, Inc., an Emerson Impact Partner and employee-owned organization, is seeking an Accountant to join its team. This role supports the Finance team ... more
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SOMACIS
POWAY, CA
SOMACIS | POWAY, CA
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Data Mark
EL PASO, TX
Data Mark | EL PASO, TX
Description THIS ROLE IS LOCATED ONSITE in EL PASO, TX At Datamark you'll experience a vibrant company culture that values collaboration, creativity, and g... more
2 Days Ago
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