As of April 22, 2025, the average annual salary for a Cost Accountant I in the United Kingdom is £35,334, with an hourly rate of £17, according to Salary.com Global Salary IQ data. The average salary ranges from £31,908 to £36,721, influenced by factors like location, education, experience, and more.

Global Market Data
25TH   £31,908
50TH(Median)   £35,334
75TH   £36,721
Cost Accountant I Salaries by Percentile
Percentile Salary Location Last Updated
25th Percentile Cost Accountant I Salary £31,908 United Kingdom April 22, 2025
50th Percentile Cost Accountant I Salary £35,334 United Kingdom April 22, 2025
75th Percentile Cost Accountant I Salary £36,721 United Kingdom April 22, 2025

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How Much Does a Cost Accountant I Make by Hour, Week, Month, and Year?

Last Updated on April 22, 2025

Salary.com provides you with accurate and diversified Cost Accountant I salary data based on specialized databases to help you get a fairer salary. The average annual pay for a Cost Accountant I is about £35,334 a year, this translates to an approximate hourly rate of £17, a monthly salary of about £2,945, and a weekly pay of around £680. Click the switch button below to see more details about Cost Accountant I hourly pay, weekly pay, monthly pay, and so on.

How Much Do Cost Accountant Is Earn at Different Levels in 2025?

A Cost Accountant I's salary varies significantly based on experience level. Entry typically earn £33,800 - £35,479, while Intermediate make £34,209 - £35,645, Senior earn £34,976 - £35,955, Specialist earn £35,078 - £36,017, Expert can reach £35,232 - £36,059 or more, depending on the company and location.

Levels Salary
Entry Level Cost Accountant I £35,078
Intermediate Level Cost Accountant I £35,375
Senior Level Cost Accountant I £35,686
Specialist Level Cost Accountant I £35,748
Expert Level Cost Accountant I £35,789
£35,078 0 yr
£35,375 < 2 yrs
£35,686 2-4 yrs
£35,748 5-8 yrs
£35,789 > 8 yrs
Entry Level 1%
Intermediate Level 0%
Senior Level 1%
Specialist Level 1%
Expert Level 1%
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Last Updated on April 22, 2025

What are the Highest Paying Cities in the United Kingdom for Cost Accountant I?

The top 3 highest-paying cities in the United Kingdom for Cost Accountant I are London, Brighton and Hove, and Manchester. In London, the average salary is £38,161 per year, while Brighton and Hove offers £35,597, and Manchester pays around £33,869 annually.

Which Job Pays More: Cost Accountant II or Cost Accountant I?

As of April 22, 2025 , a Cost Accountant II makes more than a Cost Accountant I. A Cost Accountant II earns an average annual salary of £54,964. And a Cost Accountant I earns an average annual salary of £35,334.

Job Title Salary Range in GBP
Cost Accountant II
£48,665
£61,244
Cost Accountant III
£57,727
£71,604
Cost Accountant IV
£65,621
£83,135
Entry Cost Accountant
£45,559
£54,151

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