▼31%
₹650,000
Avg. Base Salary (INR)
/ year
Avg. Base Salary (INR)
25%
₹393k
MEDIAN
₹650k
75%
₹720k
The average salary for a Cost Analyst is ₹650,000 in 2025
Base Salary
₹393k - ₹720k
Bonus
₹0 - ₹39k
Total Pay
₹401k - ₹783k
Is Average Entry-Level Cost Analyst Salary in India your job title? Find out what you should be paid
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What is the Pay by Experience Level for Cost Analysts?
▼24%
What Do Cost Analysts Do?
Cost Analyst Tasks
- Perform cost-benefit analyses, and recommend process improvements and unit changes to reduce costs.
- Maintain pricing and inventory system data quality.
- Analyze actual compared to standard costs for ongoing expenses, and identify opportunities and risks.
- Assist in developing annual operations plan and estimating new product costs, including economic analysis.
Find your market worth – how it works:
Common Health Benefits for a Cost Analyst
Medical
67%
None
33%
Gender Breakdown for Cost Analysts
Female
50.0%
Male
50.0%
This data is based on 2 survey responses. Learn more about the gender pay gap.
FAQs About Cost Analysts
What is the highest pay for Cost Analysts?
Our data indicates that the highest pay for a Cost Analyst is ₹NaN / year
What is the lowest pay for Cost Analysts?
Our data indicates that the lowest pay for a Cost Analyst is ₹NaN / year
How can Cost Analysts increase their salary?
Increasing your pay as a Cost Analyst is possible in different ways. Change of employer: Consider a career move to a new employer that is willing to pay higher for your skills. Level of Education: Gaining advanced degrees may allow this role to increase their income potential and qualify for promotions. Managing Experience: If you are a Cost Analyst that oversees more junior Cost Analysts, this experience can increase the likelihood to earn more.