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As of August 01, 2026, the average salary for a Senior Cost Manager in Indiana is $124,941 per year, which breaks down to an hourly rate of $60.
However, a Senior Cost Manager's salary can vary significantly. Here’s a look at the typical salary range:
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Senior Cost Manager Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $132,076 | $11,006 | $2,540 | $63 |
| Average | $124,941 | $10,412 | $2,403 | $60 |
| 25th Percentile | $112,744 | $9,395 | $2,168 | $54 |
Rider Levett Bucknall - South Bend, IN
Clayco - Hobart, IN
Turner & Townsend - Indianapolis, IN
SMS Mill Services, LLC. - Portage, IN
A Senior Cost Manager'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 Senior Cost Manager'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 Senior Cost Manager | $77,562 |
| Cost Acco... Level Senior Cost Manager | $92,071 |
| Cost Acco... Level Senior Cost Manager | $106,586 |
| Cost Acco... Level Senior Cost Manager | $104,301 |
| Senior Co... Level Senior Cost Manager | $124,416 |
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 Senior Cost Managers. 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 Senior Cost Manager roles, the industry you choose can affect earning potential by as much as 40% (the gap between the highest and lowest paying industries). Data shows that the Aerospace & Defense and Business Services sectors offer the strongest compensation, at 20% above the average. In contrast, Senior Cost Manager positions in Biotechnology or Transportation typically offer lower base pay, as these industries often view Senior Cost Manager as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Aerospace & Defense | $149,929 | $72.0 | 20% |
Understanding how a Senior Cost Manager'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 | $132,076 | $11,006 | $2,540 | $63 |
| Average | $124,941 | $10,412 | $2,403 | $60 |
| 25th Percentile | $112,744 | $9,395 | $2,168 | $54 |
Ready to take the next step in your career? Browse thousands of current Senior Cost Manager job openings on our job board. Use the search bar below to find your perfect match.
Marvin
Fort Wayne, IN
Marvin | Fort Wayne, IN
Marvin is seeking a Senior Cost Accountant to support our Manufacturing operations within the Finance, Accounting & Administration team. In this people-fir... more
7 Days Ago
Marvin
West Indianapolis, IN
Marvin | West Indianapolis, IN
Marvin is seeking a Senior Cost Accountant to support our Manufacturing operations within the Finance, Accounting & Administration team. In this people-fir... more
7 Days Ago
Marvin
St Marys, IN
Marvin | St Marys, IN
Marvin is seeking a Senior Cost Accountant to support our Manufacturing operations within the Finance, Accounting & Administration team. In this people-fir... more
7 Days Ago
Marvin
Mccutchanville, IN
Marvin | Mccutchanville, IN
Marvin is seeking a Senior Cost Accountant to support our Manufacturing operations within the Finance, Accounting & Administration team. In this people-fir... more
7 Days Ago
Clayco
Hobart, IN
Clayco | Hobart, IN
About Us. Clayco is a full-service, turnkey real estate development, master planning, architecture, engineering, and construction firm that safely delivers... more
10 Days Ago
Marvin
Mccutchanville, IN
Marvin | Mccutchanville, IN
Job Overview: Get ready to turn operational data into meaningful business decisions. Marvin is hiring a Senior Cost Accountant to support the financial man... more
7 Days Ago
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