▼40%
$92,189
Avg. Base Salary (USD)
/ year
Avg. Base Salary (USD)
25%
$87k
MEDIAN
$92k
75%
$138k
The average salary for a Cost Analyst is $92,189 in 2025
Base Salary
$87k - $138k
Bonus
$0 - $2k
Profit Sharing
$0 - $11k
Total Pay
$87k - $145k
Is Average Experienced Cost Analyst with Financial Analysis Skills Salary in Washington, District of Columbia your job title? Find out what you should be paid
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What is the Pay by Experience Level for Cost Analysts?
▼26%
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:
Common Health Benefits for a Cost Analyst
Medical
75%
Dental
75%
Vision
75%
None
25%
Gender Breakdown for Cost Analysts
Female
66.7%
Male
33.3%
This data is based on 3 survey responses. Learn more about the gender pay gap.
FAQs About Cost Analysts
What is the highest pay for Cost Analysts in Washington?
Our data indicates that the highest pay for a Cost Analyst in Washington is $NaN / year
What is the lowest pay for Cost Analysts in Washington?
Our data indicates that the lowest pay for a Cost Analyst in Washington is $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.