Cost Consultant Salary in Passaic, New Jersey

How much does a Cost Consultant make in Passaic, NJ?

As of March 01, 2025, the average annual salary for a Cost Consultant in Passaic, NJ is $105,606. Salary.com reports that pay typically ranges from $94,157 to $121,344, with most professionals earning between $83,734 and $135,673.

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Salary range for a Cost Consultant

$94,157 to $121,344

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Cost Consultant

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Job Openings for Cost Consultant in Passaic, NJ

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 Passaic, NJ

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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 Passaic, NJ

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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 Passaic, NJ

Average Base Salary

Core compensation

94157

121344

105606

Average Total Cash Compensation

Includes base and annual incentives

95885

125526

108095

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 Passaic, NJ. The base salary for Cost Consultant ranges from $94,157 to $121,344 with the average base salary of $105,606. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $95,885 to $125,526 with the average total cash compensation of $108,095.

View Average Salary for Cost Consultant as table

	Average Salary	Average Salary Range
Base Salary	$105,606	$94,157 - $121,344
Bonus	$2,489	$1,728 - $4,182
Total Pay	$108,095	$95,885 - $125,526

* 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 Passaic, NJ

CITY, STATE	AVERAGE SALARY RANGE	COMPARE TO Passaic, NJ
CITY, STATE Clifton, NJ	AVERAGE SALARY RANGE $94,321 - $121,555	COMPARE TO Passaic, NJ
CITY, STATE Bloomfield, NJ	AVERAGE SALARY RANGE $94,321 - $121,555	COMPARE TO Passaic, NJ
CITY, STATE Hackensack, NJ	AVERAGE SALARY RANGE $94,239 - $121,450	COMPARE TO Passaic, NJ
CITY, STATE Paramus, NJ	AVERAGE SALARY RANGE $94,403 - $121,661	COMPARE TO Passaic, NJ
CITY, STATE Bergenfield, NJ	AVERAGE SALARY RANGE $94,239 - $121,450	COMPARE TO Passaic, NJ
CITY, STATE East Orange, NJ	AVERAGE SALARY RANGE $92,603 - $119,341	COMPARE TO Passaic, NJ

See salaries for Cost Consultant in locations close to Passaic, NJ. 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 Passaic, New Jersey

According to the United States Census Bureau, the city had a total area of 3.244 square miles (8.401 km2), including 3.146 square miles (8.149 km2) of land and 0.098 square miles (0.253 km2) of water (3.01%). Unincorporated communities, localities and place names located partially or completely within the city include Davis Bridge and Pleasant Plains. Passaic's only land border is with neighboring Clifton, which borders Passaic to the north, south, and west. The Passaic River forms the eastern border of Passaic. Four additional neighboring towns in Bergen County immediately across the river fr...

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

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