How Much Does a Senior Cost Analyst Make in Maryland?

Updated April 01, 2025
As of April 01, 2025, the average annual pay of Senior Cost Analyst in Maryland is $102,864. While Salary.com is seeing that Senior Cost Analyst salary in MD can go up to $131,060 or down to $76,766, but most earn between $89,204 and $117,623. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, and your experience levels. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
25% $89,204 10% $76,766 90% $131,060 75% $117,623 $102,864 50%(Median)
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Similar Job Salaries to Senior Cost Analyst by Company

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Company average base salary in (usd) range
Johns Hopkins Applied Physics Laboratory
Senior Operations Research/Cost Analyst
$87,060/yr
$77,916
$96,205
RANGE: $77,916 - $96,205
The Swift Group, LLC
Cost Analyst
$98,745/yr
$90,030
$107,460
RANGE: $90,030 - $107,460
theswiftgroup
Cost Analyst
$98,745/yr
$90,030
$107,460
RANGE: $90,030 - $107,460
Genuine Search Group
Senior Cost Accountant
$99,538/yr
$92,377
$106,698
RANGE: $92,377 - $106,698
MESO SCALE DIAGNOSTICS, LLC.
Senior Cost Accountant
$108,935/yr
$101,098
$116,772
RANGE: $101,098 - $116,772
Vipany Global Solutions Pvt Ltd
Senior Electrical Cost Estimator
$101,002/yr
$91,380
$110,623
RANGE: $91,380 - $110,623
Default (MSD)
Senior Cost Accountant
$96,607/yr
$89,578
$103,636
RANGE: $89,578 - $103,636
KBR
Program Cost Control Analyst (Remote)
$109,537/yr
$99,714
$119,359
RANGE: $99,714 - $119,359
Galorath Inc.
Cost Analyst - Cost Estimator - Cleared Position - Hybrid/Remote
$109,227/yr
$97,871
$120,582
RANGE: $97,871 - $120,582
Hormel Foods Family of Companies
Cost Accountant/Senior Cost Analyst
$79,434/yr
$72,171
$86,698
RANGE: $72,171 - $86,698

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Top 10 Highest Paying Cities For Senior Cost Analyst Jobs in Maryland

It is important to understand how location impacts your career prospects in the United States. There are some cities where a Senior Cost Analyst can find a job easily with a greater salary paid then achieve a higher standard of living. Below is the top cities list for Senior Cost Analyst job salaries in Maryland. Some cities can pay higher salaries for Senior Cost Analyst jobs, which can indicate that there is a large demand for Senior Cost Analyst positions in this city.
The following table shows top 10 cities where the Senior Cost Analyst salary is higher than other cities in Maryland. Silver Spring takes first place in this list, followed by Bethesda, Potomac. The Senior Cost Analyst salary is $110,456 in Silver Spring, which is higher than the national average. There are 15 cities' Senior Cost Analyst salary higher than national average in Maryland.
The average salary for a Senior Cost Analyst in Maryland is $102,864, but we found that the city with the highest salary for Senior Cost Analyst jobs is Silver Spring, MD, and it is higher than Bethesda. Senior Cost Analyst jobs in Silver Spring can have the opportunity to earn higher salaries than in other cities in Maryland.
CITY ANNUAL SALARY MONTHLY PAY WEEKLY PAY HOURLY WAGE
Silver Spring $110,456 $9,205 $2,124 $53
Bethesda $110,456 $9,205 $2,124 $53
Potomac $110,386 $9,199 $2,123 $53
Rockville $110,326 $9,194 $2,122 $53
Bowie $110,227 $9,186 $2,120 $53
Waldorf $110,157 $9,180 $2,118 $53
Gaithersburg $110,157 $9,180 $2,118 $53
Germantown $107,493 $8,958 $2,067 $52
Frederick $106,925 $8,910 $2,056 $51
Baltimore $102,864 $8,572 $1,978 $49

What Does a Senior Cost Analyst Do?

We are looking for an experienced Senior Financial Analyst to forecast revenues and expenditures and advise us on future budgeting.
Updated December 21, 2021
Employers typically want to see resumes with a Bachelor of Science in the fields of either finance or accounting, though over 40 percent of Senior Financial Analysts are in possession of an MBA.
Updated December 18, 2021
Financial analysts can work in both junior and senior capacities within a firm, and it is a niche that often leads to other career opportunities.
Updated December 12, 2021
If you are an analyst now, within a few years, you will be a lead or senior analyst in a business, law or finance firm.
Updated December 04, 2021
Most successful senior analysts, however, are those who not only put in long hours but also develop interpersonal relationships with superiors and mentor other junior analysts.
Updated November 25, 2021

Frequently Asked Questions About a Senior Cost Analyst Salaries

What is the average of a Senior Cost Analyst in Maryland?

The Senior Cost Analyst salary range is from $89,204 to $117,623, and the average Senior Cost Analyst salary is $102,864/year in Maryland. The Senior Cost Analyst's salary will change in different locations.

Which location pays the highest Senior Cost Analyst salary in the United States?

The Senior Cost Analyst salary in San Jose, CA is $125,829 which is the highest in the US.

What kinds of reasons will influence the Senior Cost Analyst's salary?

Besides the location, employees' education degree, related skills, and work experience also will influence the salary. Try to improve your skills and experience to get a higher salary for the position of Senior Cost Analyst.

What is the growth rate of the Senior Cost Analyst's salary?

If you are thinking of becoming a Senior Cost Analyst or planning the next step in your career, find the detailed salary report of a Senior Cost Analyst.