Avg. Base Salary (AUD)
The average salary for a Cost Analyst is AU$74,485 in 2025
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What Do Cost Analysts Do?
- Perform cost-benefit analyses, and recommend process improvements and unit changes to reduce costs.
- Maintain pricing and inventory system data quality.
- Analyze actual compared to standard costs for ongoing expenses, and identify opportunities and risks.
- Assist in developing annual operations plan and estimating new product costs, including economic analysis.
Common Health Benefits for a Cost Analyst
Gender Breakdown for Cost Analysts
FAQs About Cost Analysts
What is the highest pay for Cost Analysts in Melbourne?
Our data indicates that the highest pay for a Cost Analyst in Melbourne is A$NaN / year
What is the lowest pay for Cost Analysts in Melbourne?
Our data indicates that the lowest pay for a Cost Analyst in Melbourne is A$NaN / year
How can Cost Analysts increase their salary?
Increasing your pay as a Cost Analyst is possible in different ways. Change of employer: Consider a career move to a new employer that is willing to pay higher for your skills. Level of Education: Gaining advanced degrees may allow this role to increase their income potential and qualify for promotions. Managing Experience: If you are a Cost Analyst that oversees more junior Cost Analysts, this experience can increase the likelihood to earn more.