Cost Consultant Salary in Boston, Massachusetts

How much does a Cost Consultant make in Boston, MA?

As of March 01, 2025, the average annual salary for a Cost Consultant in Boston, MA is $102,853. Salary.com reports that pay typically ranges from $91,703 to $118,182, with most professionals earning between $81,551 and $132,137.

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Salary range for a Cost Consultant

$91,703 to $118,182

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Cost Consultant

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Job Openings for Cost Consultant in Boston, MA

What does a Cost Consultant do?

Common responsibilities of a Cost Consultant

Leads a cross functional BCBSA team (Business Execution, Data Operations Management and Performance and Reporting teams) and vendor (BHI) to collect and validate Plan cost and claim data used to update statistical modeling each cost data refresh ( twice a year) that compares Plan-submitted provider-specific cost estimates with actual claims experience.

December 28, 2022

Provide guidance on various elements of cost compliance, cost templates and budget notes to support cost proposals.

January 31, 2023

Assist with IT budget formulation and execution to include all phases of the budget life cycle by alignment of BRM, IT Service Catalog and TBM Taxonomy.

February 15, 2023

Demonstrated ability to accurately take off quantities, estimate the cost of construction, sequence and schedule the construction for commercial buildings preferred.

February 17, 2023

Develop cost and commercial tender guidance for prime and partners in collaboration with proposal teams to support a competitive bid for ongoing and planned new business opportunities.

March 15, 2023

Prepare comprehensive fixed asset engagements including cost segregation, repairs and maintenance and depreciation studies.

April 06, 2023

Support development of prime and partner cost and commercial tenders, inclusive but not limited to cost competitiveness, budget and narrative development, value for money in close collaboration with core tender team.

April 20, 2023

Actively participate in decision making with engagement management and seek to understand the broader impact of current decisions.

April 28, 2023

Understand corporate cost objectives in order to identify opportunities for improvement across the organization.

May 01, 2023

Review prime and partner cost and commercial tenders, providing feedback at various points throughout the process.

May 08, 2023

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Cost Consultant Salary By Experience Levels in Boston, MA

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RELEVANT JOB EXPERIENCE

Length of experience is a pay differentiator. Those with greater experience may have an advantage in negotiating salary. For those with less experience, other factors such as education or special skills could impact your pay. Please visit Professional Salary Report for more details.

Cost Consultant Salary By Level of Education in Boston, MA

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LEVEL OF EDUCATION

Depending on the job, educational levels may have a significant impact on pay levels. Be informed and understand how things like education and certifications can help to increase potential earnings for the career you are interested in. Please visit Professional Salary Report for more details.

Average Salary Range for Cost Consultant in Boston, MA

Average Base Salary

Core compensation

91703

118182

102853

Average Total Cash Compensation

Includes base and annual incentives

93386

122254

105278

What is the average salary for Cost Consultant in 2025?

These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Cost Consultant in Boston, MA. The base salary for Cost Consultant ranges from $91,703 to $118,182 with the average base salary of $102,853. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $93,386 to $122,254 with the average total cash compensation of $105,278.

View Average Salary for Cost Consultant as table

	Average Salary	Average Salary Range
Base Salary	$102,853	$91,703 - $118,182
Bonus	$2,424	$1,683 - $4,073
Total Pay	$105,278	$93,386 - $122,254

* Base Salary represents gross income before taxes and deductions. It does not include additional pay such as benefits, bonuses, profit sharing or commissions.

* Total Pay combines base salary, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job.

Cost Consultant Salary Near Boston, MA

CITY, STATE	AVERAGE SALARY RANGE	COMPARE TO Boston, MA
CITY, STATE Revere, MA	AVERAGE SALARY RANGE $92,169 - $118,783	COMPARE TO Boston, MA
CITY, STATE Brookline, MA	AVERAGE SALARY RANGE $92,169 - $118,783	COMPARE TO Boston, MA
CITY, STATE Malden, MA	AVERAGE SALARY RANGE $92,169 - $118,783	COMPARE TO Boston, MA
CITY, STATE Somerville, MA	AVERAGE SALARY RANGE $92,169 - $118,783	COMPARE TO Boston, MA
CITY, STATE Quincy, MA	AVERAGE SALARY RANGE $92,169 - $118,783	COMPARE TO Boston, MA
CITY, STATE Arlington, MA	AVERAGE SALARY RANGE $92,169 - $118,783	COMPARE TO Boston, MA

See salaries for Cost Consultant in locations close to Boston, MA. Pay for the same job may vary based on the location and on the location and on other factors such as the size of company, the industry, and other local conditions.

About Boston, Massachusetts

Boston has an area of 89.63 square miles (232.1 km2)—48.4 square miles (125.4 km2) (54%) of land and 41.2 square miles (106.7 km2) (46%) of water. The city's official elevation, as measured at Logan International Airport, is 19 ft (5.8 m) above sea level. The highest point in Boston is Bellevue Hill at 330 feet (100 m) above sea level, and the lowest point is at sea level. Situated onshore of the Atlantic Ocean, Boston is the only state capital in the contiguous United States with an oceanic shoreline. Boston is surrounded by the "Greater Boston" region and is contiguously bordered by the citi...

Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia

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