As of April 22, 2025, the average annual salary for a Cost Accountant I in London, UK is £38,161, with an hourly rate of £18, according to Salary.com Global Salary IQ data. The average salary ranges from £34,461 to £39,659, influenced by factors like location, education, experience, and more.

Global Market Data
25TH   £34,461
50TH(Median)   £38,161
75TH   £39,659
Cost Accountant I Salaries by Percentile
Percentile Salary Location Last Updated
25th Percentile Cost Accountant I Salary £34,461 United Kingdom April 22, 2025
50th Percentile Cost Accountant I Salary £38,161 United Kingdom April 22, 2025
75th Percentile Cost Accountant I Salary £39,659 United Kingdom April 22, 2025

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How Much Does a Cost Accountant I Make by Hour, Week, Month, and Year?

Last Updated on April 22, 2025

Salary.com provides you with accurate and diversified Cost Accountant I salary data based on specialized databases to help you get a fairer salary. The average annual pay for a Cost Accountant I is about £38,161 a year, this translates to an approximate hourly rate of £18, a monthly salary of about £3,180, and a weekly pay of around £734. Click the switch button below to see more details about Cost Accountant I hourly pay, weekly pay, monthly pay, and so on.

How Much Do Cost Accountant Is Earn at Different Levels in 2025?

A Cost Accountant I's salary varies significantly based on experience level. Entry typically earn £36,504 - £38,317, while Intermediate make £36,946 - £38,496, Senior earn £37,774 - £38,831, Specialist earn £37,885 - £38,899, Expert can reach £38,050 - £38,943 or more, depending on the company and location.

Levels Salary
Entry Level Cost Accountant I £37,885
Intermediate Level Cost Accountant I £38,205
Senior Level Cost Accountant I £38,541
Specialist Level Cost Accountant I £38,608
Expert Level Cost Accountant I £38,653
£37,885 0 yr
£38,205 < 2 yrs
£38,541 2-4 yrs
£38,608 5-8 yrs
£38,653 > 8 yrs
Entry Level 1%
Intermediate Level 0%
Senior Level 1%
Specialist Level 1%
Expert Level 1%
View as Table
View as Graph
Last Updated on April 22, 2025

What are the Highest Paying Cities in the United Kingdom for Cost Accountant I?

The top 3 highest-paying cities in the United Kingdom for Cost Accountant I are London, Brighton and Hove, and Manchester. In London, the average salary is £38,161 per year, while Brighton and Hove offers £35,597, and Manchester pays around £33,869 annually.

Which Job Pays More: Cost Accountant II or Cost Accountant I?

As of April 22, 2025 , a Cost Accountant II makes more than a Cost Accountant I. A Cost Accountant II earns an average annual salary of £59,361. And a Cost Accountant I earns an average annual salary of £35,334.

Job Title Location Salary Range in GBP
Cost Accountant II London, UK
£52,558
£66,143
Cost Accountant III London, UK
£62,345
£77,332
Cost Accountant IV London, UK
£70,871
£89,786
Entry Cost Accountant London, UK
£49,203
£58,483

Cost Accountant I Job Openings in London, UK

Accountant
Old Mill
Exeter, ENG

Join our Rural Team in Exeter, where you'll be supporting a diverse range of rural clients with their financial needs. As a Part-Qualified AAT account...

Cost Management Specialist
AJW Group
Brighton, South East England

We are seeking a proactive Cost Management Specialist to join our dynamic team on a 12-month fixed-term contract. Reporting to Head of Strategic Sourc...

Project Accountant
Highview Power
Carrington, Central Scotland

Highview Power is a fast-growing global organisation, leading the way towards a cleaner, more efficient, and secure energy future. We plan to become a...

Senior Accountant
Public Practice Recruitment Ltd - Experts in Public Practice Accountancy Recruitment UK-Wide
Halesowen, ENG

Are you an experienced accountant ready to take the next step in your career. Would you enjoy working in a friendly, regional practice that truly valu...

Assistant Management Accountant
GSA - Global Student Accommodation
Bristol, South West England

Assistant Management Accountant. Location: Bristol/Hybrid. Working Period: Full Time. Reports to: Head of Reporting & Planning. Salary: £37,500 - £41,...

Assistant Management Accountant (Permanent, Hybrid Working)
BSC Education
Birkenhead, North West England

Your profile. What's On Offer. Salary Circa: £26,000 - £29,000 (depending on experience). Permanent. Hybrid Working. Enhanced Sick Pay. 25 days plus 8...

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