How much does a Cost Analyst make in Philadelphia, PA?
A Cost Analyst in Philadelphia, PA, can expect to earn a competitive salary. The average yearly salary for this role is around $72,247. This figure provides a good benchmark for job seekers considering this career path. The salary range can vary based on experience, education, and specific industry demands.
The salary distribution shows that many Cost Analysts earn between $69,636 and $76,455 annually. This range reflects the mid-level salaries, which are common for those with a few years of experience. Higher salaries, up to $124,182, are available for those with more experience or specialized skills. This data highlights the potential for growth and advancement in this field.
What are the highest paying cities for a Cost Analyst near Philadelphia, PA?

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Washington, DC
Average Salary: $97,661
In Washington, DC, professionals analyze costs for government contracts and projects. Many work with federal agencies, ensuring budget efficiency. Companies like Deloitte and Accenture offer opportunities.
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New York, NY
Average Salary: $96,789
New York City offers diverse roles in cost analysis across industries. Analysts here focus on budget management and financial forecasting. Major firms like JPMorgan Chase and Goldman Sachs provide career growth.
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Wilmington, DE
Average Salary: $62,545
Wilmington, DE, provides a mix of corporate and government cost analysis jobs. Professionals here work on project budgets and financial planning. Companies like DuPont and AstraZeneca are prominent employers.
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Pittsburgh, PA
Average Salary: $59,750
In Pittsburgh, PA, cost analysts support manufacturing and technology sectors. They manage project costs and ensure financial efficiency. Firms like UPMC and PPG Industries offer various roles.
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Chester, PA
Average Salary: $58,843
Chester, PA, has a growing demand for cost analysts in healthcare and manufacturing. They focus on budget control and financial reporting. Local companies like Crozer Health and Siemens Healthineers provide opportunities.
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Cherry Hill, NJ
Average Salary: $58,306
Cherry Hill, NJ, offers a range of cost analysis positions in finance and healthcare. Analysts here work on budget management and financial analysis. Companies like Virtua Health and Cooper University Health Care are key employers.
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What are the best paying companies for a Cost Analyst in Philadelphia, PA?

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Exelon
Average Salary: $98,150
Exelon offers rewarding Cost Analyst roles in Philadelphia, PA. They focus on energy efficiency and sustainability. Exelon operates across multiple states, providing a dynamic work environment.
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PECO
Average Salary: $80,000
PECO provides excellent opportunities for Cost Analysts in Philadelphia, PA. They work on energy distribution and customer service. PECO serves the southeastern Pennsylvania region, offering a stable and impactful career.
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Power Home Remodeling
Average Salary: $57,894
Power Home Remodeling offers Cost Analyst positions in Philadelphia, PA. They focus on home improvement and energy efficiency. This company operates nationwide, providing diverse experiences for its employees.
What are the best paying Cost Analyst related jobs in Philadelphia, PA?

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Quantitative Analyst
Average Salary: $103,712
This role involves analyzing financial data to help make investment decisions. Companies like Vanguard and Fidelity in Philadelphia use these skills. They focus on using mathematical models to predict market trends.
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Construction Estimator
Average Salary: $96,950
This position requires calculating costs for construction projects. Firms like Aramark and Comcast in Philadelphia need these experts. They work closely with project managers to ensure budgets are met.
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Credit Analyst
Average Salary: $93,465
This job involves assessing the creditworthiness of clients. Banks like Wells Fargo and PNC in Philadelphia hire these professionals. They review financial statements and credit reports to make informed decisions.
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Business Analyst
Average Salary: $92,364
This role focuses on identifying areas for improvement in business operations. Companies like Amazon and Microsoft in Philadelphia seek these analysts. They gather data and provide insights to improve efficiency.
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Budget Analyst
Average Salary: $86,427
This position involves managing and analyzing budgets. Government agencies and large corporations in Philadelphia hire these analysts. They ensure funds are used effectively and efficiently.
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Risk Analyst
Average Salary: $81,783
This job involves assessing potential risks in financial investments. Firms like JPMorgan Chase and BNY Mellon in Philadelphia need these analysts. They analyze market trends to predict risks and suggest strategies.
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Pricing Analyst
Average Salary: $79,685
This role involves determining the best pricing strategies for products. Companies like Hershey's and Aramark in Philadelphia hire these analysts. They study market trends and consumer behavior to set competitive prices.
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Data Analyst
Average Salary: $78,738
This position involves analyzing data to help make business decisions. Tech companies like IBM and Accenture in Philadelphia seek these professionals. They use data to identify trends and provide actionable insights.
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Tax Analyst
Average Salary: $75,530
This role involves preparing tax returns and ensuring compliance with tax laws. Firms like PricewaterhouseCoopers and Deloitte in Philadelphia hire these analysts. They review financial documents and prepare tax reports.
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Operations Analyst
Average Salary: $74,130
This position involves improving business operations. Companies like Amazon and Comcast in Philadelphia need these analysts. They study processes and suggest improvements to increase efficiency.
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