As of March 01, 2026, the average salary for a Procurement Cost Analyst in the United States is $84,732 per year, which breaks down to an hourly rate of $41.
However, a Procurement Cost Analyst's salary can vary significantly. Here’s a look at the typical salary range:
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A Procurement Cost Analyst'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.
Experience is a primary driver of a Procurement Cost Analyst'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 |
|---|---|
| Entry Level Procurement Cost Analyst | $82,876 |
| Intermediate Level Procurement Cost Analyst | $83,094 |
| Senior Level Procurement Cost Analyst | $86,007 |
| Specialist Level Procurement Cost Analyst | $90,093 |
| Expert Level Procurement Cost Analyst | $90,385 |
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 Procurement Cost Analysts. For example, consider the average annual salaries in these key locations:
Demanded Skills for the Role:
| Skills | Demand Percentage |
|---|---|
| Accountability | 4.91% |
| Nursing Practice | 3.33% |
| Family Education | 1.81% |
| Skill | Salary | Salary % Increase |
|---|---|---|
|
Staff Development
|
$95,747 |
13%
|
|
Telecommunications
|
$94,900 |
12%
|
|
Risk Management
|
$94,052 |
11%
|
|
Data Collection
|
$92,358 |
9%
|
|
Oral Communication
|
$92,358 |
9%
|
|
Initiative
|
$90,663 |
7%
|
Your level of education can impact your salary potential. While many Procurement Cost Analysts enter the field with a Associate's Degree degree, higher education can lead to more specialized and higher-paying roles.
According to our 100% employer-reported salary data, the median salary for a Procurement Cost Analyst with a Associate's Degree is between $78,790 and $83,228).
Procurement Cost Analyst Salaries by Degree Level
| Degree Level | % of user with this level of education |
|---|---|
| No Diploma | 0.2% |
| High School | 2.4% |
| Associates | 39.6% |
| Bachelors | 51.3% |
| Masters | 6.1% |
| Doctorate | 0.2% |
Understanding how a Procurement Cost Analyst'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 March 01, 2026Salaries for a Procurement Cost Analyst can change over time, reflecting shifts in market demand and the overall economy. The median salary decreased from $211,052 in 2023 to around $205,276 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of Procurement Cost Analyst salary trends, .
| Year | Average Annual Salary |
|---|---|
| 2022 |
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|
| 2023 | $211,052 |
| 2024 | $213,319 |
| 2025 | $205,276 |
| 2026 |
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|
| 2027 |
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|
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