Home > Salary > India > Rate Analyst
A rate analyst is responsible for analyzing and evaluating rates in various industries, such as finance, insurance, or telecommunications. They gather data on pricing structures, market trends, and competition to determine the most appropriate rates for products or services. Rate analysts conduct extensive research, using mathematical models and statistical analysis, to assess the profitability and competitiveness of different pricing strategies. They also monitor market conditions and economic factors that may impact pricing decisions. Additionally, rate analysts collaborate with other departments, such as sales or marketing, to develop pricing strategies that align with business goals and objectives. Strong analytical skills, attention to detail, and proficiency in data analysis tools are essential for success in this role.
Estimated Yearly Salary: 2,265,527 INR
Estimated Monthly Salary: 188,794 INR
Estimated Weekly Salary: 43,568 INR per week
Estimated Hourly Salary: 1,089 INR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 182,955 INR
Estimated Weekly Salary: 42,220 INR per week
Estimated Hourly Salary: 1,056 INR per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 25,260 USD
Estimated Monthly Salary: 2,105 USD
Estimated Weekly Salary: 486 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: 2,265,527 INR
Estimated Monthly Salary: 188,794 INR
Estimated Weekly Salary: 43,568 INR per week
Estimated Hourly Salary: 1,089 INR per hour
By working as Rate Analyst a person can save up to 1,210 USD per month or 14,518 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 India, see costs of living in India.
Estimated Yearly Salary for Rate Analyst
Last revision of data: 2025-01-04
Data as of 2025
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Rate Analyst salary in India
Average Yearly Salary of Rate Analyst in India is approximately 2,265,527 INR (25,260 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 Rate Analyst do?
A rate analyst is responsible for analyzing and evaluating rates in various industries, such as finance, insurance, or telecommunications. They gather data on pricing structures, market trends, and competition to determine the most appropriate rates for products or services. Rate analysts conduct extensive research, using mathematical models and statistical analysis, to assess the profitability and competitiveness of different pricing strategies. They also monitor market conditions and economic factors that may impact pricing decisions. Additionally, rate analysts collaborate with other departments, such as sales or marketing, to develop pricing strategies that align with business goals and objectives. Strong analytical skills, attention to detail, and proficiency in data analysis tools are essential for success in this role.
Skills: Rate Analyst, Pricing Analyst, Market Research, Financial Analysis, Statistical Modeling, Competitive Analysis.
Job industry: Finance
Job industry: Finance
How much does Rate Analyst make?
Salary details
How much does Rate Analyst make?Estimated Yearly Salary: 2,265,527 INR
Estimated Monthly Salary: 188,794 INR
Estimated Weekly Salary: 43,568 INR per week
Estimated Hourly Salary: 1,089 INR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 2,195,460 INREstimated Monthly Salary: 182,955 INR
Estimated Weekly Salary: 42,220 INR per week
Estimated Hourly Salary: 1,056 INR per hour
Last revision of data: 2024-01-03Rate Analyst estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 25,260 USD
Estimated Monthly Salary: 2,105 USD
Estimated Weekly Salary: 486 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
India is a diverse and vibrant country located in South Asia. With a population of over 1.3 billion people, it is the second-most populous country in the world. The land area of India spans approximately 3.29 million square kilometers, making it the seventh-largest country by land area. It shares borders with several countries including Pakistan, China, Nepal, Bhutan, Bangladesh, and Myanmar.
Estimated national average yearly salary is 1,850,826 INR (22,380 USD). Value indicated is pre-tax. Below graph shows estimated Rate Analyst job salary compared to average salary in India.
Comparison shows that a person working as Rate Analyst in India earns on average:
1.22 times the average salary (or 122% of average salary).
Estimated national average yearly salary is 1,850,826 INR (22,380 USD). Value indicated is pre-tax. Below graph shows estimated Rate Analyst job salary compared to average salary in India.
Comparison shows that a person working as Rate Analyst in India earns on average:
1.22 times the average salary (or 122% of average salary).
Is Rate Analyst a well paid job?
Yes, our data shows that Rate 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 Rate Analyst?
High salary for Rate Analyst would be somewhere between 2,492,080 INR and 3,285,014 INR. However this is an estimation based on Gaussian Distribution.How much can you save working as Rate Analyst in India?
Living in India the approximate monthly expenses are: 895 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: 2,265,527 INR
Estimated Monthly Salary: 188,794 INR
Estimated Weekly Salary: 43,568 INR per week
Estimated Hourly Salary: 1,089 INR per hour
By working as Rate Analyst a person can save up to 1,210 USD per month or 14,518 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 India, see costs of living in India.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Pakistan, China, Nepal, Bhutan, Bangladesh, Myanmar (Burma), Afghanistan. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Rate Analyst
Pakistan is 1,782 USD
China is 14,524 USD
Nepal is 8,299 USD
Bangladesh is 3,192 USD
Afghanistan is 6,787 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 India
(21,041,458 INR per year, pre-tax.)
2. Cardiologist
(17,441,897 INR per year, pre-tax.)
(16,859,303 INR per year, pre-tax.)
4. Neurosurgeon
(16,443,049 INR per year, pre-tax.)
(16,347,274 INR per year, pre-tax.)
(16,022,930 INR per year, pre-tax.)
7. Urologist
(16,021,806 INR per year, pre-tax.)
(15,990,052 INR per year, pre-tax.)
9. Oncologist
(15,984,385 INR per year, pre-tax.)
(15,947,550 INR per year, pre-tax.)
Data as of 2025Random salary:
Civil engineer harbor marine (2,443,123 INR per year, pre-tax.)
Animal caretaker supervisor (1,119,690 INR per year, pre-tax.)
Document controller (1,128,404 INR per year, pre-tax.)
E-commerce marketing analyst (2,085,660 INR per year, pre-tax.)
Radiology x-ray technician (1,308,312 INR per year, pre-tax.)
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