Home > Salary > Denmark > Cost Analyst
A cost analyst is responsible for analyzing and evaluating the costs associated with a company's operations, products, or services. They collect and analyze financial data, including expenses, budgets, and pricing information, to identify areas of improvement and cost-saving opportunities. Cost analysts also develop and maintain cost estimation models, conduct variance analysis to compare actual costs with budgeted costs, and provide recommendations to management for cost optimization.
The occupation of a cost analyst requires strong analytical skills, attention to detail, and proficiency in financial analysis software and tools. They must have a solid understanding of accounting principles and cost accounting techniques. Effective communication and problem-solving skills are essential, as cost analysts often collaborate with cross-functional teams to identify cost reduction strategies and implement process improvements.
Estimated Yearly Salary: 651,021 DKK
Estimated Monthly Salary: 54,252 DKK
Estimated Weekly Salary: 12,520 DKK per week
Estimated Hourly Salary: 313 DKK per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 52,593 DKK
Estimated Weekly Salary: 12,137 DKK per week
Estimated Hourly Salary: 303 DKK per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 93,057 USD
Estimated Monthly Salary: 7,755 USD
Estimated Weekly Salary: 1,790 USD per week
Estimated Hourly Salary: 45 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 651,021 DKK
Estimated Monthly Salary: 54,252 DKK
Estimated Weekly Salary: 12,520 DKK per week
Estimated Hourly Salary: 313 DKK per hour
By working as Cost Analyst a person can save up to 4,827 USD per month or 57,921 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Denmark, see costs of living in Denmark.
Estimated Yearly Salary for Cost Analyst
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Digital retoucher (319,048 DKK per year, pre-tax.)
Sarbanes-oxley (sox), auditor (593,552 DKK per year, pre-tax.)
Manicurist or pedicurist (254,883 DKK per year, pre-tax.)
It application support analyst (605,748 DKK per year, pre-tax.)
Virtual assistant (286,884 DKK per year, pre-tax.)
Cost Analyst salary in Denmark
Average Yearly Salary of Cost Analyst in Denmark is approximately 651,021 DKK (93,057 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Cost Analyst do?
A cost analyst is responsible for analyzing and evaluating the costs associated with a company's operations, products, or services. They collect and analyze financial data, including expenses, budgets, and pricing information, to identify areas of improvement and cost-saving opportunities. Cost analysts also develop and maintain cost estimation models, conduct variance analysis to compare actual costs with budgeted costs, and provide recommendations to management for cost optimization.
The occupation of a cost analyst requires strong analytical skills, attention to detail, and proficiency in financial analysis software and tools. They must have a solid understanding of accounting principles and cost accounting techniques. Effective communication and problem-solving skills are essential, as cost analysts often collaborate with cross-functional teams to identify cost reduction strategies and implement process improvements.
Skills: cost analyst, financial analysis, cost estimation, variance analysis, cost optimization, cost accounting.
Job industry: Finance
Job industry: Finance
How much does Cost Analyst make?
Salary details
How much does Cost Analyst make?Estimated Yearly Salary: 651,021 DKK
Estimated Monthly Salary: 54,252 DKK
Estimated Weekly Salary: 12,520 DKK per week
Estimated Hourly Salary: 313 DKK per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 631,120 DKKEstimated Monthly Salary: 52,593 DKK
Estimated Weekly Salary: 12,137 DKK per week
Estimated Hourly Salary: 303 DKK per hour
Last revision of data: 2024-01-03Cost Analyst estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 93,057 USD
Estimated Monthly Salary: 7,755 USD
Estimated Weekly Salary: 1,790 USD per week
Estimated Hourly Salary: 45 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
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Country:
Salary comparison to National average
Denmark is a Scandinavian country located in Northern Europe. It has a population of approximately 5.8 million people and covers an area of around 43,094 square kilometers. The country consists of the Jutland Peninsula and numerous islands, including Zealand, Funen, and Bornholm.
Estimated national average yearly salary is 494,627 DKK (73,200 USD). Value indicated is pre-tax. Below graph shows estimated Cost Analyst job salary compared to average salary in Denmark.
Comparison shows that a person working as Cost Analyst in Denmark earns on average:
1.32 times the average salary (or 132% of average salary).
Estimated national average yearly salary is 494,627 DKK (73,200 USD). Value indicated is pre-tax. Below graph shows estimated Cost Analyst job salary compared to average salary in Denmark.
Comparison shows that a person working as Cost Analyst in Denmark earns on average:
1.32 times the average salary (or 132% of average salary).
Is Cost Analyst a well paid job?
Yes, our data shows that Cost Analyst is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Cost Analyst?
High salary for Cost Analyst would be somewhere between 716,123 DKK and 943,980 DKK. However this is an estimation based on Gaussian Distribution.How much can you save working as Cost Analyst in Denmark?
Living in Denmark the approximate monthly expenses are: 2,928 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 651,021 DKK
Estimated Monthly Salary: 54,252 DKK
Estimated Weekly Salary: 12,520 DKK per week
Estimated Hourly Salary: 313 DKK per hour
By working as Cost Analyst a person can save up to 4,827 USD per month or 57,921 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Denmark, see costs of living in Denmark.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Germany, Sweden, Norway. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Cost Analyst
Germany is 68,075 USD
Sweden is 80,209 USD
Norway is 122,002 USD Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Denmark
(5,348,299 DKK per year, pre-tax.)
2. Cardiologist
(4,444,802 DKK per year, pre-tax.)
(4,309,239 DKK per year, pre-tax.)
4. Neurosurgeon
(4,154,976 DKK per year, pre-tax.)
(4,151,728 DKK per year, pre-tax.)
(4,079,039 DKK per year, pre-tax.)
(4,074,872 DKK per year, pre-tax.)
8. Oncologist
(4,073,743 DKK per year, pre-tax.)
9. Urologist
(4,068,231 DKK per year, pre-tax.)
10. Dermatologist
(4,060,246 DKK per year, pre-tax.)
Data as of 2025Random salary:
Digital retoucher (319,048 DKK per year, pre-tax.)
Sarbanes-oxley (sox), auditor (593,552 DKK per year, pre-tax.)
Manicurist or pedicurist (254,883 DKK per year, pre-tax.)
It application support analyst (605,748 DKK per year, pre-tax.)
Virtual assistant (286,884 DKK per year, pre-tax.)
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