As of May 18, 2021, the average salary for an Assistant Cost Manager in the United States is $70,753 per year, which breaks down to an hourly rate of $34.
However, an Assistant Cost Manager's salary can vary significantly. Here’s a look at the typical salary range:
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An Assistant Cost Manager'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.
Experience is a primary driver of an Assistant Cost Manager'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:
| Levels | Salary |
|---|---|
| Assistant... Level Assistant Cost Manager | $71,377 |
| Informati... Level Assistant Cost Manager | $88,176 |
| Informati... Level Assistant Cost Manager | $102,956 |
| Informati... Level Assistant Cost Manager | $126,681 |
| Informati... Level Assistant Cost Manager | $152,016 |
What Am I Worth?
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Assistant Cost Managers. For example, consider the average annual salaries in these key locations:
Demanded Skills for the Role:
| Skills | Demand Percentage |
|---|---|
| Planning | 3.63% |
| Internal Control | 3.74% |
| COBIT | 1.85% |
| Skill | Salary | Salary % Increase |
|---|---|---|
|
Data Analytics
|
$79,243 |
12%
|
|
Planning
|
$78,535 |
11%
|
|
Risk Assessment
|
$78,535 |
11%
|
|
CPA
|
$77,828 |
10%
|
|
Written Communication
|
$77,828 |
10%
|
|
Internal Audit
|
$77,120 |
9%
|
Your level of education can impact your salary potential. While many Assistant Cost Managers enter the field with a Associate's Degree degree, higher education can lead to more specialized and higher-paying roles.
According to our 100% employer-reported salary data, the median salary for an Assistant Cost Manager with a Associate's Degree is between $66,178 and $70,454).
Assistant Cost Manager Salaries by Degree Level
| Degree Level | % of user with this level of education |
|---|---|
| No Diploma | 3.0% |
| High School | 3.0% |
| Associates | 4.0% |
| Bachelors | 50.7% |
| Masters | 42.3% |
| Doctorate | 0.0% |
Understanding how an Assistant Cost Manager'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.
Last Updated on May 18, 2021Salaries for an Assistant Cost Manager can change over time, reflecting shifts in market demand and the overall economy. The median salary decreased from $71,319 in 2023 to around $70,367 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of Assistant Cost Manager salary trends, .
| Year | Average Annual Salary |
|---|---|
| 2022 |
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|
| 2023 | $71,319 |
| 2024 | $71,265 |
| 2025 | $70,367 |
| 2026 |
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|
| 2027 |
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|
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Compensation PlanningHere are companies hiring for Assistant Cost Manager and their salaries, click below for more details.
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