Average Cost Analyst with Forecasting Skills Salary

$67,787
Avg. Base Salary (USD)
10%
$51k
MEDIAN
$68k
90%
$96k

The average salary for a Cost Analyst is $67,787

Base Salary
$51k - $96k
Bonus
$972 - $10k
Profit Sharing
$1k - $8k
Total Pay
$50k - $99k
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What is the Pay by Experience Level for Cost Analysts?

What Do Cost Analysts Do?

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.
Find your market worth – how it works:

Gender Breakdown

Female
50.0%
Male
50.0%
This data is based on 96 survey responses. Learn more about the gender pay gap.

Common Health Benefits

Medical

88%

Dental

85%

Vision

77%

None

11%