As of April 22, 2025, the average annual salary for a Cost Analyst III in the United Kingdom is £55,582, with an hourly rate of £27, according to Salary.com Global Salary IQ data. The average salary ranges from £49,851 to £63,734, influenced by factors like location, education, experience, and more.

Global Market Data
25TH   £49,851
50TH(Median)   £55,582
75TH   £63,734
Cost Analyst III Salaries by Percentile
Percentile Salary Location Last Updated
25th Percentile Cost Analyst III Salary £49,851 United Kingdom April 22, 2025
50th Percentile Cost Analyst III Salary £55,582 United Kingdom April 22, 2025
75th Percentile Cost Analyst III Salary £63,734 United Kingdom April 22, 2025

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How Much Does a Cost Analyst III Make by Hour, Week, Month, and Year?

Last Updated on April 22, 2025

Salary.com provides you with accurate and diversified Cost Analyst III salary data based on specialized databases to help you get a fairer salary. The average annual pay for a Cost Analyst III is about £55,582 a year, this translates to an approximate hourly rate of £27, a monthly salary of about £4,632, and a weekly pay of around £1,069. Click the switch button below to see more details about Cost Analyst III hourly pay, weekly pay, monthly pay, and so on.

How Much Do Cost Analyst IIIs Earn at Different Levels in 2025?

A Cost Analyst III's salary varies significantly based on experience level. Entry typically earn £50,621 - £54,128, while Intermediate make £51,134 - £54,556, Senior earn £52,075 - £55,411, Specialist earn £55,154 - £59,597, Expert can reach £57,042 - £61,909 or more, depending on the company and location.

Levels Salary
Entry Level Cost Analyst III £53,016
Intermediate Level Cost Analyst III £53,444
Senior Level Cost Analyst III £54,299
Specialist Level Cost Analyst III £58,015
Expert Level Cost Analyst III £60,206
£53,016 0 yr
£53,444 < 2 yrs
£54,299 2-4 yrs
£58,015 5-8 yrs
£60,206 > 8 yrs
Entry Level 5%
Intermediate Level 4%
Senior Level 2%
Specialist Level 4%
Expert Level 8%
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Last Updated on April 22, 2025

Skills to Boost a Cost Analyst III Salary

Mastering key skills can significantly increase your earning potential as a Cost Analyst III. According to Salary.com's Real-time Job Posting Data, expertise in Analysis can lead to a 21% salary raise, while strong Purchasing skills boost pay by a 2%. Even Microsoft Excel can result in a 1% salary increase.

Skill Library evaluates talent skills across five levels, supported by 5-10 behavior indicators, delivering precise insights for data-driven hiring decisions.
Analysis
Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
Purchasing
Purchasing refers to a business or organization attempting to acquire goods or services to accomplish its goals. Although there are several organizations that attempt to set standards in the purchasing process, processes can vary greatly between organizations. Typically the word “purchasing” is not used interchangeably with the word “procurement”, since procurement typically includes expediting, supplier quality, and transportation and logistics (T&L) in addition to purchasing.
Microsoft Excel
Microsoft Excel is a spreadsheet developed by Microsoft for Windows, macOS, Android and iOS. It features calculation or computation capabilities, graphing tools, pivot tables, and a macro programming language called Visual Basic for Applications.
More Skills...
Based on recent job listings, in-demand skills in the Cost Analyst III field include Analysis (21%), Purchasing (2%), Microsoft Excel (1%), Cost Control (1%), and Procurement (1%). These skills reflect current market needs.
Skills Salary Demand
Skill & Salary Demand
Analysis £67,254
Analysis
£67,254
21%
Purchasing £56,694
Purchasing
£56,694
2%
Microsoft Excel £56,138
Microsoft Excel
£56,138
1%
Cost Control £56,138
Cost Control
£56,138
1%
Procurement £56,138
Procurement
£56,138
1%
Analysis
6.83%
Purchasing
2.63%
Microsoft Excel
15.76%
Cost Control
0.86%
Procurement
0.05%

What are the Highest Paying Cities in the United Kingdom for Cost Analyst III?

The top 3 highest-paying cities in the United Kingdom for Cost Analyst III are London, Brighton and Hove, and Manchester. In London, the average salary is £60,029 per year, while Brighton and Hove offers £55,995, and Manchester pays around £53,278 annually.

Which Job Pays More: Cost Accountant III or Cost Analyst III?

As of April 22, 2025 , a Cost Accountant III makes more than a Cost Analyst III. A Cost Accountant III earns an average annual salary of £64,675. And a Cost Analyst III earns an average annual salary of £55,582.

Job Title Salary Range in GBP
Cost Accountant III
£57,727
£71,604
Logistics Analyst III
£34,781
£51,109
Product Workflow Analyst III
£34,879
£51,253
Economics Analyst III
£33,003
£65,994
Financial Analyst III
£44,819
£64,646

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