Home > Salary > Hungary > 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: 9,247,942 HUF
Estimated Monthly Salary: 770,662 HUF
Estimated Weekly Salary: 177,845 HUF per week
Estimated Hourly Salary: 4,446 HUF per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 747,329 HUF
Estimated Weekly Salary: 172,460 HUF per week
Estimated Hourly Salary: 4,312 HUF per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 24,185 USD
Estimated Monthly Salary: 2,015 USD
Estimated Weekly Salary: 465 USD per week
Estimated Hourly Salary: 12 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: 9,247,942 HUF
Estimated Monthly Salary: 770,662 HUF
Estimated Weekly Salary: 177,845 HUF per week
Estimated Hourly Salary: 4,446 HUF per hour
By working as Cost Analyst a person can save up to 1,255 USD per month or 15,060 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 Hungary, see costs of living in Hungary.
Estimated Yearly Salary for Cost Analyst
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Customer relationship management (crm), business analyst (6,547,696 HUF per year, pre-tax.)
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National sales executive (8,435,267 HUF per year, pre-tax.)
Internal communications writer (7,009,553 HUF per year, pre-tax.)
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Cost Analyst salary in Hungary
Average Yearly Salary of Cost Analyst in Hungary is approximately 9,247,942 HUF (24,185 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: 9,247,942 HUF
Estimated Monthly Salary: 770,662 HUF
Estimated Weekly Salary: 177,845 HUF per week
Estimated Hourly Salary: 4,446 HUF per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 8,967,945 HUFEstimated Monthly Salary: 747,329 HUF
Estimated Weekly Salary: 172,460 HUF per week
Estimated Hourly Salary: 4,312 HUF 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: 24,185 USD
Estimated Monthly Salary: 2,015 USD
Estimated Weekly Salary: 465 USD per week
Estimated Hourly Salary: 12 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
Hungary, a landlocked country located in Central Europe, is known for its rich history, vibrant culture, and stunning architecture. With a population of approximately 9.8 million people, Hungary covers an area of around 93,030 square kilometers. The country's capital and largest city is Budapest, which is divided by the Danube River.
Estimated national average yearly salary is 6,675,932 HUF (19,010 USD). Value indicated is pre-tax. Below graph shows estimated Cost Analyst job salary compared to average salary in Hungary.
Comparison shows that a person working as Cost Analyst in Hungary earns on average:
1.39 times the average salary (or 139% of average salary).
Estimated national average yearly salary is 6,675,932 HUF (19,010 USD). Value indicated is pre-tax. Below graph shows estimated Cost Analyst job salary compared to average salary in Hungary.
Comparison shows that a person working as Cost Analyst in Hungary earns on average:
1.39 times the average salary (or 139% 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 10,172,736 HUF and 13,409,516 HUF. However this is an estimation based on Gaussian Distribution.How much can you save working as Cost Analyst in Hungary?
Living in Hungary the approximate monthly expenses are: 760 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: 9,247,942 HUF
Estimated Monthly Salary: 770,662 HUF
Estimated Weekly Salary: 177,845 HUF per week
Estimated Hourly Salary: 4,446 HUF per hour
By working as Cost Analyst a person can save up to 1,255 USD per month or 15,060 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 Hungary, see costs of living in Hungary.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Austria, Slovakia, Ukraine, Romania, Serbia, Croatia, Slovenia.. 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
Austria is 71,492 USD
Slovakia is 28,115 USD
Ukraine is 5,437 USD
Romania is 20,030 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 Hungary
(75,982,184 HUF per year, pre-tax.)
2. Cardiologist
(63,094,968 HUF per year, pre-tax.)
(61,159,464 HUF per year, pre-tax.)
4. Neurosurgeon
(59,259,876 HUF per year, pre-tax.)
(58,979,325 HUF per year, pre-tax.)
(57,963,983 HUF per year, pre-tax.)
(57,939,678 HUF per year, pre-tax.)
(57,895,696 HUF per year, pre-tax.)
9. Oncologist
(57,879,147 HUF per year, pre-tax.)
10. Urologist
(57,676,463 HUF per year, pre-tax.)
Data as of 2025Random salary:
Customer relationship management (crm), business analyst (6,547,696 HUF per year, pre-tax.)
Human resources (hr), professional (5,839,896 HUF per year, pre-tax.)
National sales executive (8,435,267 HUF per year, pre-tax.)
Internal communications writer (7,009,553 HUF per year, pre-tax.)
Radiology therapist (6,916,605 HUF per year, pre-tax.)
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