Cost Analyst
Annual salary range
₹3 Lakhs - ₹11 Lakhs
Moderate Confidence 
Moderate Confidence means the data is based on a sufficient number of latest salaries.
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Filter salaries byCost Analyst Salary in Mumbai (Updated 2025)
based on 21
latest salaries
• updated:
15 Mar 2025
Select an experience to get the exact salary
Salary of majority employees
Cost Analyst Salary in Mumbai ranges between ₹3 Lakhs to ₹11 Lakhs for 1 year of experience to 11 years of experience. Salary estimates are based on 21 latest salaries received from Cost Analyst.
| Company Name | Avg. annual salary | Open Jobs |
|---|---|---|
3 -
6
yrs
exp.
.
Mumbai
(4 salaries)
|
₹3 L/yr - ₹8 L/yr | |
4 -
11
yrs
exp.
.
Mumbai
(3 salaries)
|
₹7.5 L/yr - ₹7.8 L/yr | |
Login to view exact salary
| ||
5 -
9
yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹8.6 L/yr - ₹10.9 L/yr | |
13 -
14
yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹3.8 L/yr - ₹4.8 L/yr | |
5 -
6
yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹4.3 L/yr - ₹5.5 L/yr | |
4 -
5
yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹3.6 L/yr - ₹4.6 L/yr | |
1 yr
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹1.8 L/yr - ₹2.3 L/yr | |
1 yr
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹4.1 L/yr - ₹5.2 L/yr | |
Login to view exact salary
| ||
11 yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹9 L/yr - ₹11.5 L/yr | |
7 yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹4.4 L/yr - ₹5.6 L/yr | |
Latest annual salaries shared by Cost Analysts
2d ago
Beroe Inc
Cost Analyst
6 years exp.
3d ago
Vishay Precision Transducers
Cost Analyst
8 years exp.
3d ago
Vaibhav Global
Cost Analyst
4 years exp.
6d ago
Syngenta
Cost Analyst
3 years exp.
1w ago
Renault Nissan Technology & Business Centre India
Cost Analyst
2 years exp.
1w ago
Sima Marine India
Cost Analyst
6 years exp.
1w ago
Bajaj Auto
Cost Analyst
6 years exp.
1w ago
Dljm
Cost Analyst
6 years exp.
1w ago
Faurecia
Cost Analyst
10 years exp.
1w ago
CNH Industrial
Cost Analyst
10 years exp.
View all latest salaries
Cost Analyst salaries by
| Years of experience | Avg. annual salary |
|---|---|
1
year
(2
salaries)
|  ₹2 L/yr - ₹4.5 L/yr |
3
years
(4
salaries)
| ₹3 L/yr - ₹11 L/yr |
Login to view exact salary
| |
4
years
(5
salaries)
| ₹3 L/yr - ₹8.5 L/yr |
5
years
(4
salaries)
| ₹4.1 L/yr - ₹7.8 L/yr |
6
years
(3
salaries)
| ₹5 L/yr - ₹8 L/yr |
View all salaries by experience
Cost Analyst Jobs in Mumbai
Cost Analyst
· 3-5 years
Danfoss Industries Pvt Ltd
Chennai
Cost Analyst
· 5-10 years
Safran Aircraft Engines
Hyderabad / Secunderabad
Cost Analyst
· 5-8 years
Vishay Precision Transducers
Chennai
Similar Designation Salary
| Similar Designation | Avg. annual salary |
|---|---|
Analyst Salary
0 -
6
years
exp.
(14.8k salaries)
| ₹2.3 L/yr - ₹17.3 L/yr |
Senior Analyst Salary
2 -
8
years
exp.
(11.9k salaries)
| ₹3.3 L/yr - ₹17.5 L/yr |
Login to view exact salary
| |
Financial Analyst Salary
1 -
8
years
exp.
(6.4k salaries)
| ₹2 L/yr - ₹13.3 L/yr |
Associate Salary
0 -
8
years
exp.
(23.3k salaries)
| ₹2 L/yr - ₹22 L/yr |
Team Lead Salary
2 -
12
years
exp.
(21.6k salaries)
| ₹2.4 L/yr - ₹18.5 L/yr |
View more similar designations
Salary related reviews by similar designations like Cost Analyst
TEOCO Software
Team Lead in Bangalore / Bengaluru
• posted on 26 Oct 2021
Likes
Teoco has a really good work culture and management is very flexible about working hours etc. Though it has a small setup in Bangalore you would really get loads of opportunity to learn and grow.
read more- Skill development - Good
+5 more
Dislikes
compensation and benefits are something that need an improvement.
Faurecia
Team Lead in Anantapur
• posted on 02 Apr 2022
Likes
...tive and good management,there is huge cafeteria and gaming arcade for chilling. Company policies are good appraisal are fair and they give good salary hike and bonus every year.
read more- Salary - Good
+5 more
Top skills for Cost Analyst
Cost Analyst Salary In Other Locations
| Locations | Avg. annual salary |
|---|---|
Bangalore / Bengaluru
Cost Analyst
1 -
11
years
exp.
| ₹3.2 L/yr - ₹16.3 L/yr |
Chennai
Cost Analyst
1 -
11
years
exp.
| ₹2.1 L/yr - ₹11 L/yr |
Login to view exact salary
| |
Pune
Cost Analyst
1 -
11
years
exp.
| ₹4.5 L/yr - ₹15.5 L/yr |
New Delhi
Cost Analyst
1 -
11
years
exp.
| ₹2 L/yr - ₹24 L/yr |
Hyderabad / Secunderabad
Cost Analyst
1 -
10
years
exp.
| ₹4.8 L/yr - ₹23 L/yr |
View More
Cost Analyst Salary By Industries
| Industries | Avg. annual salary |
|---|---|
Manufacturing Cost Analyst
1 -
11
years
exp.
| ₹3 L/yr - ₹15 L/yr |
Software Product Cost Analyst
1 -
11
years
exp.
| ₹3 L/yr - ₹12 L/yr |
Login to view exact salary
| |
Automobile Cost Analyst
1 -
11
years
exp.
| ₹3.9 L/yr - ₹12 L/yr |
Auto Components Cost Analyst
1 -
10
years
exp.
| ₹3.2 L/yr - ₹11.5 L/yr |
Industrial Machinery Cost Analyst
1 -
11
years
exp.
| ₹3.2 L/yr - ₹11.8 L/yr |
View More
Frequently Asked Questions (FAQS) about Cost Analyst Salaries
What is the salary of a Cost Analyst in India?
The salary of a Cost Analyst in India varies based on experience, location, company & Industry.
On average, Cost Analyst salaries ranges from ₹3.0 Lakhs to ₹11.0 Lakhs per year. Top companies and specialized roles may offer higher compensation.
The average starting salary is around ₹3.0 Lakhs to ₹11.0 Lakhs per year, with the highest salary reaching ₹3.8 Lakhs to ₹6.0 Lakhs per year. Salary estimates are based on 21 salaries received from various Cost Analysts across industries.
The average starting salary is around ₹3.0 Lakhs to ₹11.0 Lakhs per year, with the highest salary reaching ₹3.8 Lakhs to ₹6.0 Lakhs per year. Salary estimates are based on 21 salaries received from various Cost Analysts across industries.
What are the top paying cities for Cost Analyst in India?
The annual salary for Cost Analyst in India varies by location. Top paying cities for Cost Analyst are
Salary expectations for Cost Analyst may vary based on job roles, experience, and specific employer requirements.
| Cost Analyst Salary in Gurgaon / Gurugram | ₹3.3 Lakhs to ₹11.5 Lakhs per year |
| Cost Analyst Salary in Pune | ₹4.5 Lakhs to ₹15.5 Lakhs per year |
| Cost Analyst Salary in Noida | ₹4.3 Lakhs to ₹14.5 Lakhs per year |
| Cost Analyst Salary in New Delhi | ₹2.0 Lakhs to ₹24.0 Lakhs per year |
| Cost Analyst Salary in Hyderabad / Secunderabad | ₹4.8 Lakhs to ₹23.0 Lakhs per year |
What are the top paying industries for Cost Analyst in India?
Top 5 paying Industries for Cost Analyst in India are:
| Cost Analyst Salary in Financial Services | ₹2.0 Lakhs to ₹14.0 Lakhs per year |
| Cost Analyst Salary in Industrial Machinery | ₹3.2 Lakhs to ₹11.8 Lakhs per year |
| Cost Analyst Salary in IT Services & Consulting | ₹2.5 Lakhs to ₹14.0 Lakhs per year |
| Cost Analyst Salary in Manufacturing | ₹3.0 Lakhs to ₹15.0 Lakhs per year |
| Cost Analyst Salary in Internet | ₹3.8 Lakhs to ₹14.0 Lakhs per year |
How does experience affect salaries of a Cost Analyst in India?
Experience significantly impacts a Cost Analyst salary in India. Salaries increase with experience, as Cost Analyst take on more complex tasks, responsibilities, and leadership roles.
Cost Analyst salary at different experience level are as follows:
and so on.
| Experience | Average Salary Range |
|---|---|
| 1 year | ₹2.0 Lakhs to ₹4.5 Lakhs per year |
| 3 years | ₹3.0 Lakhs to ₹11.0 Lakhs per year |
| 4 years | ₹3.0 Lakhs to ₹8.5 Lakhs per year |
| 5 years | ₹4.1 Lakhs to ₹7.8 Lakhs per year |
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