Costing Specialist Salary in the United States

How much does a Costing Specialist make in the United States? As of September 01, 2026, the average salary for a Costing Specialist in the United States is $86,424 per year, which breaks down to an hourly rate of $42.

However, a Costing Specialist's salary can vary significantly. Here's a look at the typical salary range:

  • Top Earners (90th percentile): $101,322
  • Majority Range (25th-75th percentile): $80,014 to $94,223
  • Entry-Level (10th percentile): $74,178

Key Factors That Influence Costing Specialist Salaries

A Costing Specialist's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, education and company size can directly affect your earning potential.

How Experience Level Affects Costing Specialist Salaries?

Experience is a primary driver of a Costing Specialist's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:

  • Entry-Level (less than 1 year): $82,651
  • Early Career (1-2 years): $82,846
  • Mid-Level (2-4 years): $85,341
  • Senior-Level (5-8 years): $88,374
  • Expert (over 8 years): $88,590
Job RoleYears of ExperienceAverage Salary
Entry Level Costing Specialist less than 1 year $82,651
Early Career Level Costing Specialist 1-2 years $82,846
Mid-Level Level Costing Specialist 2-4 years $85,341
Senior-Level Level Costing Specialist 5-8 years $88,374
Expert Level Costing Specialist over 8 years $88,590

Top Paying Cities for Costing Specialist

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

  • San Jose: $109,007
  • San Francisco: $107,813
  • Oakland: $105,541

Costing Specialist Salary by Industry: Top Paying Sectors

For Costing Specialist roles, the industry you choose can affect earning potential by as much as 80% (the gap between the highest and lowest paying industries). Data shows that the Financial Services and Biotechnology sectors offer the strongest compensation, at 40% above the average. In contrast, Costing Specialist positions in Edu., Gov't. & Nonprofit or Transportation typically offer lower base pay, as these industries often view Costing Specialist as a support function rather than a direct revenue driver.

The top paying industries for a Costing Specialist

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Financial Services $120,994 $58.0 40%
Biotechnology $116,673 $56.0 35%
Energy & Utilities $112,351 $54.0 30%
Insurance $108,030 $52.0 25%
Internet $105,438 $51.0 22%

How Education impacts a Costing Specialist's Salary?

Your level of education can impact your salary potential. While many Costing Specialist professionals enter the field with a Bachelor's degree, higher education can lead to more specialized and higher-paying roles.

According to our 100% employer-reported salary data, the median salary for a Costing Specialist with a Bachelor's is between $77,761 and $83,170.

Costing Specialist Salaries by Degree Level

Typical Education for Costing Specialist
Degree Level % of user with this level of education
No Degree 4%
High School 4%
Associate's Degree 4%
Bachelor's Degree 66.7%
Master's Degree or MBA 25.3%
JD, MD, PhD or Equivalent 0%

Costing Specialist Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Costing Specialist's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.

  • Hourly
  • Monthly
  • Weekly
  • Yearly
  • Table View
Last Updated on September 01, 2026
$80,014
Average $86,424/year
$94,223
$6,668
Average $7,202/month
$7,852
$1,539
Average $1,662/week
$1,812
$38
Average $42/hour
$45
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $94,223 $7,852 $1,812 $45
Average $86,424 $7,202 $1,662 $42
25th Percentile $80,014 $6,668 $1,539 $38

Most common benefits for Costing Specialist

  • Social Security
  • 401 (k)
  • Disability
  • Healthcare
  • Pension
  • Time Off (days)

Common company salaries for Costing Specialist

Here are companies hiring for Costing Specialist and their salaries, click below for more details.

Find Your Next Costing Specialist Job

Ready to take the next step in your career? Browse thousands of current Costing Specialist job openings on our job board. Use the search bar below to find your perfect match.

  • MyJobsCorner | Columbus, OH

    MyJobsCorner | Columbus, OH

    Find your next job here. Will train the right candidate. Average salaries from $20 - $37/Hr, full time and part time shifts available now. Hiring for: Derm... more

    6 Days Ago

  • Check Off Your List | Columbus, OH

    Check Off Your List | Columbus, OH

    Executive Assistant. Check Off Your List (COYL) is hiring a remote part-time Executive Assistant to support our exponential growth. COYL provides highly tr... more

    9 Days Ago

  • Veo | Columbus, OH

    Veo | Columbus, OH

    E-Scooter Delivery Driver. Columbus, Ohio, United States. At Veo, our mission is to end car dependency by making clean transportation accessible to all. A ... more

    9 Days Ago

  • HighGround | Columbus, OH

    HighGround | Columbus, OH

    Restoration Technician. Turn Chaos into Calm Join Our Rapidly Growing Team. Founded in 1988, Power Dry is a leader in emergency water and mold removal serv... more

    9 Days Ago

  • MyJobsCorner | Columbus, OH

    MyJobsCorner | Columbus, OH

    Find your next job here. Will train the right candidate. Average salaries from $12 - $22/Hr, full time and part time shifts available now. Hiring for: Food... more

    10 Days Ago

  • MyJobsCorner | Columbus, OH

    MyJobsCorner | Columbus, OH

    Find your next job here. Will train the right candidate. Average salaries from $12 - $22/Hr, full time and part time shifts available now. Hiring for: Groc... more

    10 Days Ago

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FAQ about Costing Specialist

1. What industry pays the highest salary for Costing Specialist?

The Financial Services industry offers the highest average compensation for Costing Specialist roles, with salaries approximately 40% above the market median.

Where Does Our Salary Data Come From?

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.)

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