Home > Salary > Ghana > Cost Accountant
A cost accountant is a professional responsible for analyzing, recording, and reporting on the costs associated with manufacturing products or providing services. They play a crucial role in helping organizations make informed financial decisions by providing accurate cost information. Cost accountants are involved in various tasks such as calculating the cost of raw materials, labor, and overhead, preparing budgets and forecasts, conducting cost analysis, and identifying areas for cost reduction and efficiency improvement.
Estimated Yearly Salary: 48,912 GHS
Estimated Monthly Salary: 4,076 GHS
Estimated Weekly Salary: 941 GHS per week
Estimated Hourly Salary: 24 GHS per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 3,929 GHS
Estimated Weekly Salary: 907 GHS per week
Estimated Hourly Salary: 23 GHS per hour
Last revision of data: 2024-01-08
Estimated Yearly Salary: 4,062 USD
Estimated Monthly Salary: 339 USD
Estimated Weekly Salary: 78 USD per week
Estimated Hourly Salary: 2 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
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: 48,912 GHS
Estimated Monthly Salary: 4,076 GHS
Estimated Weekly Salary: 941 GHS per week
Estimated Hourly Salary: 24 GHS per hour
By working as Cost Accountant a person can save up to 199 USD per month or 2,382 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 Ghana, see costs of living in Ghana.
Estimated Yearly Salary for Cost Accountant
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
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Chainsaw operator logging (20,090 GHS per year, pre-tax.)
Cost Accountant salary in Ghana
Average Yearly Salary of Cost Accountant in Ghana is approximately 48,912 GHS (4,062 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 Accountant do?
A cost accountant is a professional responsible for analyzing, recording, and reporting on the costs associated with manufacturing products or providing services. They play a crucial role in helping organizations make informed financial decisions by providing accurate cost information. Cost accountants are involved in various tasks such as calculating the cost of raw materials, labor, and overhead, preparing budgets and forecasts, conducting cost analysis, and identifying areas for cost reduction and efficiency improvement.
Skills: cost accountant, financial analysis, cost analysis, budgeting, forecasting, cost reduction.
Job industry: Manufacturing
Job industry: Manufacturing
How much does Cost Accountant make?
Salary details
How much does Cost Accountant make?Estimated Yearly Salary: 48,912 GHS
Estimated Monthly Salary: 4,076 GHS
Estimated Weekly Salary: 941 GHS per week
Estimated Hourly Salary: 24 GHS per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 47,148 GHSEstimated Monthly Salary: 3,929 GHS
Estimated Weekly Salary: 907 GHS per week
Estimated Hourly Salary: 23 GHS per hour
Last revision of data: 2024-01-08Cost Accountant estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 4,062 USD
Estimated Monthly Salary: 339 USD
Estimated Weekly Salary: 78 USD per week
Estimated Hourly Salary: 2 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %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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Salary comparison to National average
Ghana is a country located in West Africa. It has a population of approximately 31 million people and covers an area of about 238,535 square kilometers. The country is bordered by Cote d'Ivoire to the west, Burkina Faso to the north, Togo to the east, and the Atlantic Ocean to the south.
Estimated national average yearly salary is 39,200 GHS (3,500 USD). Value indicated is pre-tax. Below graph shows estimated Cost Accountant job salary compared to average salary in Ghana.
Comparison shows that a person working as Cost Accountant in Ghana earns on average:
1.25 times the average salary (or 125% of average salary).
Estimated national average yearly salary is 39,200 GHS (3,500 USD). Value indicated is pre-tax. Below graph shows estimated Cost Accountant job salary compared to average salary in Ghana.
Comparison shows that a person working as Cost Accountant in Ghana earns on average:
1.25 times the average salary (or 125% of average salary).
Is Cost Accountant a well paid job?
Yes, our data shows that Cost Accountant 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 Accountant?
High salary for Cost Accountant would be somewhere between 53,803 GHS and 70,922 GHS. However this is an estimation based on Gaussian Distribution.How much can you save working as Cost Accountant in Ghana?
Living in Ghana the approximate monthly expenses are: 140 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: 48,912 GHS
Estimated Monthly Salary: 4,076 GHS
Estimated Weekly Salary: 941 GHS per week
Estimated Hourly Salary: 24 GHS per hour
By working as Cost Accountant a person can save up to 199 USD per month or 2,382 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 Ghana, see costs of living in Ghana.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Burkina Faso, Cote d'Ivoire (Ivory Coast), Togo.. 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 Accountant
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 Ghana
(439,471 GHS per year, pre-tax.)
2. Cardiologist
(363,775 GHS per year, pre-tax.)
(351,690 GHS per year, pre-tax.)
(342,308 GHS per year, pre-tax.)
5. Neurosurgeon
(342,198 GHS per year, pre-tax.)
(334,060 GHS per year, pre-tax.)
7. Urologist
(333,287 GHS per year, pre-tax.)
(333,209 GHS per year, pre-tax.)
(333,002 GHS per year, pre-tax.)
10. Oncologist
(332,700 GHS per year, pre-tax.)
Data as of 2025Random salary:
Network engineering manager (101,486 GHS per year, pre-tax.)
Product developer (45,864 GHS per year, pre-tax.)
Labor attorney (61,936 GHS per year, pre-tax.)
Commercial sales manager (26,556 GHS per year, pre-tax.)
Chainsaw operator logging (20,090 GHS per year, pre-tax.)
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