Cost Analyst Salaries

1. Chicago, IL
   Average Salary: $108,354
   In Chicago, professionals excel in budgeting and forecasting for major companies like Boeing and McDonald's. The city's robust economy offers many opportunities for growth in this role.
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2. Los Angeles, CA
   Average Salary: $107,244
   Los Angeles brings a dynamic work environment. Cost analysts here support companies like Disney and Sony. The city’s diverse industries require keen analytical skills.
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3. San Diego, CA
   Average Salary: $99,804
   San Diego offers a blend of tech and defense industries. Companies like Qualcomm and General Dynamics hire cost analysts. The mild climate makes commuting pleasant.
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4. Washington, DC
   Average Salary: $99,054
   In Washington, DC, cost analysts work for government and defense firms. Companies like Lockheed Martin provide valuable experience. The city’s political environment adds depth to the role.
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5. Huntsville, AL
   Average Salary: $93,803
   Huntsville is known for its aerospace and defense sectors. Companies such as NASA and Boeing offer exciting opportunities. The cost analyst role here often involves cutting-edge technology.
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6. Sacramento, CA
   Average Salary: $87,045
   Sacramento provides a stable environment with a focus on public sector jobs. Agencies like the State of California employ cost analysts. The cost of living is moderate.
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7. Houston, TX
   Average Salary: $85,740
   Houston’s energy sector creates many opportunities for cost analysts. Companies such as ExxonMobil and Halliburton hire extensively. The city’s growth offers career advancement.
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8. Philadelphia, PA
   Average Salary: $80,337
   Philadelphia’s diverse economy includes finance and healthcare sectors. Companies like Comcast and Independence Blue Cross employ cost analysts. The city’s rich history adds character to the workplace.
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9. Austin, TX
   Average Salary: $75,708
   Austin’s tech boom brings many opportunities in startups and tech firms. Companies like Dell and Apple seek skilled cost analysts. The city’s vibrant culture enhances the work experience.
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10. Orlando, FL
    Average Salary: $75,654
    Orlando’s tourism industry offers unique opportunities for cost analysts. Companies like Disney and Universal Studios hire for this role. The city’s family-friendly environment makes it an appealing place to work.
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1. Sargent & Lundy
   Average Salary: $135,881
   Sargent & Lundy, a global professional services firm, offers diverse opportunities for Cost Analysts. They focus on providing engineering and technical solutions in the power, energy, and infrastructure sectors. With offices in Chicago, New York, and Houston, this company stands out for its high compensation and opportunities for career growth.
   

   
   

2. Booz Allen Hamilton
   Average Salary: $105,428
   Booz Allen Hamilton provides Cost Analyst roles that span various sectors, including defense, intelligence, and healthcare. They focus on delivering solutions that meet the complex needs of their clients. With multiple locations, including Virginia, Maryland, and California, they offer a supportive environment and good career advancement.
   

   
   

3. Northrop Grumman
   Average Salary: $102,908
   Northrop Grumman, a leader in aerospace and defense, offers competitive salaries for Cost Analysts. They focus on innovative solutions for the military and government sectors. They have offices in California, Virginia, and other locations, providing opportunities for professional development and a robust career path.
   

   
   

4. American Electric Power
   Average Salary: $83,398
   American Electric Power, a major utility company, provides Cost Analyst positions with a focus on energy and environmental solutions. They operate in several states across the U.S., offering a stable work environment and various opportunities for growth. Their role involves managing costs and ensuring efficient operations.
   

   
   

5. Power Home Remodeling
   Average Salary: $58,959
   Power Home Remodeling offers Cost Analyst roles with a focus on residential energy efficiency projects. They operate in various locations nationwide, providing a chance to work on impactful projects that improve home energy efficiency. This company values teamwork and provides a supportive environment for professional growth.
   

A Cost Analyst examines and manages financial data. This role requires strong analytical skills and an eye for detail. If you aim to earn more in this field, focus on several key factors. Enhancing your knowledge and skills can lead to higher earnings. Networking with industry professionals and seeking mentorship can open doors to better opportunities.

Experience plays a crucial role in earning potential. Gaining experience in different industries can make you more valuable. Certification can also boost your earnings. Consider earning credentials from recognized organizations. These steps can lead to higher-paying roles. Each factor contributes to a more lucrative career as a Cost Analyst.

Consider these factors to increase your earnings:

1. Gain Experience: Work in various industries to build a strong resume.
2. Get Certified: Earn credentials from recognized organizations to enhance your skills.
3. Network: Connect with industry professionals to discover new opportunities.
4. Seek Mentorship: Learn from experienced Cost Analysts to improve your career.
5. Continue Education: Take courses to stay updated on industry trends.