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How much does a Cost Accountant II make?

As of April 01, 2025, the average annual salary for a Cost Accountant II in the United States is $79,228. Salary.com reports that pay typically ranges from $72,150 to $84,370, with most professionals earning between $65,706 and $89,052.

Cost Accountant II Salaries by Percentile
Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $84,370 $7,031 $1,623 $41
Average $79,228 $6,602 $1,524 $38
25th Percentile $72,150 $6,013 $1,388 $35

Average Salary

25% $72,150 10% $65,706 90% $89,052 75% $84,370 $79,228 50%(Median)
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How much does a Cost Accountant II make by hour, week, month, and year?

Salary.com provides you with accurate and diversified Cost Accountant II salary data based on specialized databases to help you get a fairer salary. Click the switch button below to see more details about Cost Accountant II hourly pay, weekly pay, monthly pay and so on.

Last Updated on April 01, 2025

How Does Experience Level Affect a Cost Accountant II's Salary?

An entry-level Cost Accountant II with less than 1 year of experience earns about $76,904. With 1-2 years of experience, the average salary increases to $77,115. For 2-4 years of experience, the pay typically rises to $79,612. Senior-level professionals with 5-8 years of experience earn around $81,761, and those with over 8 years of experience can expect an average of $81,914.

Levels Salary
Entry Level Cost Accountant II $76,904
Intermediate Level Cost Accountant II $77,115
Senior Level Cost Accountant II $79,612
Specialist Level Cost Accountant II $81,761
Expert Level Cost Accountant II $81,914
$76,904 0 yr
$77,115 < 2 yrs
$79,612 2-4 yrs
$81,761 5-8 yrs
$81,914 > 8 yrs
Last Updated on April 01, 2025
Entry Level 3%
Mid Level 3%
Senior Level 0%
Top Level 3%
Experienced 3%
View as graph
Last Updated on April 01, 2025

How much does salary of Cost Accountant II vary from city to city?

Salaries in the United States can vary greatly between cities due to factors like cost of living, local economies, and industry presence.

For example, as of April 01, 2025:
  • In San Francisco, CA, the average yearly salary for a Cost Accountant II is $98,948.
  • In New York, NY, the average annual salary is $91,817.
  • In Boston, MA, a Cost Accountant II earns $88,363 per year.

What is the salary trend of Cost Accountant II?

As of April 01, 2025, our research reveals a significant shift in Cost Accountant II compensation over the past six years. For example, the median salary increased from $68,337 in 2023 to approximately $67,234 in 2024. (For a detailed analysis of Cost Accountant II salary trends, click here.)

Key factors like location, experience, industry demand, and economic growth significantly influence salary variations, making them important to consider.

Average Annual Salary of Cost Accountant II Over Time

2020
$???
2021
$???
2022
$???
$68,337
2023
$67,234
2024
$65,884
2025
2026
$???
Last Updated on April 01, 2025
2020
$???
2021
$???
2022
$???
2023
$68,337
2024
$67,234
2025
$65,884
2026
$???
Last Updated on April 01, 2025

Cost Accountant II Salary by Year

Year Average Annual Salary
2020 View More
2021 View More
2022 View More
2023 $68,337
2024 $67,234
2025 $65,884
2026 View More
Last Updated on April 01, 2025

Job Openings of Cost Accountant II

Salary.com job board provides millions of Cost Accountant II information for you to search for. Click on search button below to see Cost Accountant II job openings or enter a new job title here.

Based on HR-reported data: a national average with a geographic differential
Base Salary 70.4%
Bonuses 0.0%
Social Security 5.4%
401k/403b 3.0%
Disability 1.4%
Healthcare 7.4%
Pension 3.8%
Time Off 8.7%
Core Compensation
Core Compensation Median % of Total
Base Salary $79,228 70.4%
Bonus $0 0.0%
Value of Benefits
Core Compensation Median % of Total
Social Security $6,061 5.4%
401K/403B $3,328 3.0%
Disability $1,585 1.4%
Healthcare $8,352 7.4%
Pension $4,278 3.8%
Time Off $9,751 8.7%
Total Compensation $112,583 100%
Core Compensation is based on averages for this job and does not reflect personal factors used to determine your projected salary range.
Value of Benefits indicates the employer's expected contribution and paid time off.
Last Updated on April 01, 2025

What are the salaries of a Cost Accountant II with different levels of education?

Salaries for Cost Accountant II with a High School Diploma or Technical Certificate

According to our 100% employer reported salary sources the median salary for a Cost Accountant II with a Bachelor's Degree is $78,798 - $83,484. Please try our salary wizard to explore how other factors like location, Years of experience and number of direct reports can impact your base pay and bonus.

Cost Accountant II Salaries by Degree Level

Last Updated on April 01, 2025
Typical Education for Cost Accountant II
Degree Level % of user with this level of education
No Diploma 0.6%
High School 4.9%
Associates 8.6%
Bachelors 61.1%
Masters 24.7%
Typical Education for Cost Accountant II
No Diploma 0.6%
High School 4.9%
Associates 8.6%
Bachelors 61.1%
Masters 24.7%
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Cost Accountant II Salaries by Degree Level

Last Updated on April 01, 2025

What Am I Worth?

FAQ about Cost Accountant II

1. What is the average salary of a Cost Accountant II?

The average annual salary of Cost Accountant II is $79,228. In case you are finding an easy salary calculator, the average hourly pay of Cost Accountant II is $38; the average weekly pay of Cost Accountant II is $1,524; the average monthly pay of Cost Accountant II is $6,602.

2. Where can a Cost Accountant II earn the most?

A Cost Accountant II's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer. According to the latest salary data by Salary.com, a Cost Accountant II earns the most in San Jose, CA, where the annual salary of a Cost Accountant II is $99,930.

3. What is the highest pay for Cost Accountant II?

The highest pay for Cost Accountant II is $89,052.

4. What is the lowest pay for Cost Accountant II?

The lowest pay for Cost Accountant II is $65,706.

5. What are the responsibilities of Cost Accountant II?

Determines and implements cost accounting procedures and methods. Responsible for the preparation and analysis of cost reports and costing audits. Examines and reviews unusual cost records and ensures cost data is allocated correctly. May require a bachelor's degree. Typically reports to a supervisor or manager. Typically requires 2 to 4 years of related experience. Gains exposure to some of the complex tasks within the job function. Occasionally directed in several aspects of the work.

6. What are the skills of Cost Accountant II

Specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.)

Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.

2.)

Bill of Materials: Applying tools, methods, and practices in creating a list of raw materials, components, and instructions required to create a product.

3.)

Generally Accepted Accounting Principles: Helping and maintaining accounting rules and standards for financial reporting to ensure consistency and transparency.

About Our Data

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.

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The average salary for a Cost Accountant II is $79,228 per year in the United States, updated at April 01, 2025.
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