The average salary for a Cost Analyst in Melbourne, Florida is $61,500.
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$46k - $66k
$46k - $66k
Your Market Worth Over Time
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Job Description for Cost Analyst
Cost analysts are responsible for analyzing and controlling a company's expenses. Their main tasks include developing standard costs, determining product costs, creating a budget, and analyzing differences in company costs and standard costs. They are also in charge of preparing statements and reports, sharing information with colleagues as needed, supervising audit files, attending meetings and projects requiring financial input, and training certain managers in cost management. Cost analysts s…Read more
Cost Analyst Tasks
- Perform cost-benefit analyses, and recommend process improvements and unit changes to reduce costs.
- Maintain pricing and inventory system data quality.
- Analyze actual compared to standard costs for ongoing expenses, and identify opportunities and risks.
- Assist in developing annual operations plan and estimating new product costs, including economic analysis.
Popular Employer Salaries for Cost Analyst
Explore the most common career paths for Cost Analyst. Thickness and color of lines indicates popularity of movement from one job to the next. Visit our career path planner to research other job paths.
More common (> 20%)
Somewhat common (8 - 20%)
Less common (< 8%)
Cost Analyst Job Listings
Popular Skills for Cost Analyst
Skills in Cost Accounting and Microsoft Excel are correlated to pay that is above average.
Pay Difference by Location
Learn more about cost of living by city.
Employees with Cost Analyst in their job title in Washington, District of Columbia earn an average of 20.4% more than the national average. These job titles also find higher than average salaries in St. Louis, Missouri (18.2% more) and Columbus, Ohio (16.9% more). The lowest salaries can be found in Huntsville, Alabama (7.5% less) and Los Angeles, California (3.5% less).
Years of Experience
This data is based on 6 survey responses.
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