As of April 01, 2025, the average annual salary for an Entry Level Cost Accountant in the United States is $67,501. According to Salary.com, salaries can range from a low of $57,758 to a high of $84,313, with most professionals earning between $62,401 and $76,301.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $76,301 | $6,358 | $1,467 | $37 |
| Average | $67,501 | $5,625 | $1,298 | $32 |
| 25th Percentile | $62,401 | $5,200 | $1,200 | $30 |
An entry-level Entry Level Cost Accountant with less than 1 year of experience earns about $67,220. With 1-2 years of experience, the average salary increases to $67,864. For 2-4 years of experience, the pay typically rises to $69,834. Senior-level professionals with 5-8 years of experience earn around $70,228, and those with over 8 years of experience can expect an average of $70,491.
| Levels | Salary |
|---|---|
| Entry Level Entry Level Cost Accountant | $67,220 |
| Intermediate Level Entry Level Cost Accountant | $67,864 |
| Senior Level Entry Level Cost Accountant | $69,834 |
| Specialist Level Entry Level Cost Accountant | $70,228 |
| Expert Level Entry Level Cost Accountant | $70,491 |
| Entry Level | 0% |
| Mid Level | 1% |
| Senior Level | 3% |
| Top Level | 4% |
| Experienced | 4% |
Salaries in the United States differ widely between states due to factors like cost of living, local economies, and industry presence.
What Am I Worth?
Salaries in the United States can vary greatly between cities due to factors like cost of living, local economies, and industry presence.
As of April 01, 2025, our research reveals a significant shift in Entry Level Cost Accountant compensation over the past six years. For example, the median salary increased from $57,899 in 2023 to approximately $56,946 in 2024. (For a detailed analysis of Entry Level Cost Accountant salary trends, click here.)
Key factors like location, experience, industry demand, and economic growth significantly influence salary variations, making them important to consider.
Salary.com job board provides millions of Entry Level Cost Accountant information for you to search for. Click on search button below to see Entry Level Cost Accountant job openings or enter a new job title here.
Here are companies hiring for Entry Level Cost Accountant and their salaries, click below for more details.
| Core Compensation | ||||
| Core Compensation | Median | % of Total | ||
| Base Salary | $67,501 | 69.5% | ||
| Bonus | $0 | 0.0% | ||
| Value of Benefits | ||||
| Core Compensation | Median | % of Total | ||
| Social Security | $5,164 | 5.3% | ||
| 401K/403B | $2,835 | 2.9% | ||
| Disability | $1,350 | 1.4% | ||
| Healthcare | $8,352 | 8.6% | ||
| Pension | $3,645 | 3.8% | ||
| Time Off | $8,308 | 8.6% | ||
| Total Compensation | $97,155 | 100% | ||
| Degree Level | % of user with this level of education |
|---|---|
| No Diploma | 0.6% |
| High School | 7.1% |
| Associates | 6.5% |
| Bachelors | 70.0% |
| Masters | 15.8% |
What Am I Worth?
On average, accountants typically work around 40 to 45 hours per week, consistent with standard full-time schedules. However, during peak periods like tax season or year-end financial closing, they may work significantly more, sometimes exceeding 60 hours a week. Entry-level cost accountants can expect salaries ranging from $62,701 to $77,201 annually.
The salary for an Entry Level Cost Accountant in the US ranges from $62,701 to $77,201, with a mid-salary of $69,501. This reflects the base salary without additional compensation. Actual earnings may vary based on experience, location, and company.
The hourly rate for an Entry Level Cost Accountant typically ranges from approximately $30 to $37, based on an annual salary of $62,701 to $77,201. This translates to an average hourly wage of around $33.50, reflecting the entry-level position within the accounting field.
Becoming a Certified Management Accountant (CMA) is indeed worth it, as it can significantly enhance your career prospects. For entry-level cost accountants, salaries range from $62,701 to $77,201, with a mid-salary of $69,501. The IMA's 2021 Global Salary Survey indicates that CMAs earn, on average, 58% more than their non-CMA counterparts, making the investment in certification beneficial.
As of now, the salary for an Entry Level Cost Accountant in the United States ranges from $62,701 to $77,201 annually, with a median salary of $69,501. This translates to approximately $30.13 to $37.06 per hour, or about $5,225 to $6,433 per month.
Accountants, especially entry-level cost accountants, earn competitive salaries ranging from $62,701 to $77,201. This is influenced by the demand for skilled professionals in large corporations and financial services, particularly in high-cost living areas. The competitive job market in major cities further drives these salary levels.
Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.
We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)
With the most extensive online, real-time compensation data available, Salary.com helps you pinpoint your exact pay target.
