Home > Salary > Turkey > 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: 256,187 TRY
Estimated Monthly Salary: 21,349 TRY
Estimated Weekly Salary: 4,927 TRY per week
Estimated Hourly Salary: 123 TRY per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 20,653 TRY
Estimated Weekly Salary: 4,766 TRY per week
Estimated Hourly Salary: 119 TRY per hour
Last revision of data: 2024-01-02
Estimated Yearly Salary: 13,491 USD
Estimated Monthly Salary: 1,124 USD
Estimated Weekly Salary: 259 USD per week
Estimated Hourly Salary: 6 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: 256,187 TRY
Estimated Monthly Salary: 21,349 TRY
Estimated Weekly Salary: 4,927 TRY per week
Estimated Hourly Salary: 123 TRY per hour
By working as Cost Analyst a person can save up to 701 USD per month or 8,408 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 Turkey, see costs of living in Turkey.
Estimated Yearly Salary for Cost Analyst
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
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Cost Analyst salary in Turkey
Average Yearly Salary of Cost Analyst in Turkey is approximately 256,187 TRY (13,491 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: 256,187 TRY
Estimated Monthly Salary: 21,349 TRY
Estimated Weekly Salary: 4,927 TRY per week
Estimated Hourly Salary: 123 TRY per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 247,836 TRYEstimated Monthly Salary: 20,653 TRY
Estimated Weekly Salary: 4,766 TRY per week
Estimated Hourly Salary: 119 TRY per hour
Last revision of data: 2024-01-02Cost Analyst estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 13,491 USD
Estimated Monthly Salary: 1,124 USD
Estimated Weekly Salary: 259 USD per week
Estimated Hourly Salary: 6 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
Turkey, officially known as the Republic of Turkey, is a transcontinental country located mainly on the Anatolian Peninsula in Western Asia, with a smaller portion on the Balkan Peninsula in Southeast Europe. It has a population of approximately 82 million people, making it one of the most populous countries in the world. The land area of Turkey is about 783,356 square kilometers, making it larger than many European countries.
Estimated national average yearly salary is 182,974 TRY (10,590 USD). Value indicated is pre-tax. Below graph shows estimated Cost Analyst job salary compared to average salary in Turkey.
Comparison shows that a person working as Cost Analyst in Turkey earns on average:
1.4 times the average salary (or 140% of average salary).
Estimated national average yearly salary is 182,974 TRY (10,590 USD). Value indicated is pre-tax. Below graph shows estimated Cost Analyst job salary compared to average salary in Turkey.
Comparison shows that a person working as Cost Analyst in Turkey earns on average:
1.4 times the average salary (or 140% 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 281,806 TRY and 371,471 TRY. However this is an estimation based on Gaussian Distribution.How much can you save working as Cost Analyst in Turkey?
Living in Turkey the approximate monthly expenses are: 424 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: 256,187 TRY
Estimated Monthly Salary: 21,349 TRY
Estimated Weekly Salary: 4,927 TRY per week
Estimated Hourly Salary: 123 TRY per hour
By working as Cost Analyst a person can save up to 701 USD per month or 8,408 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 Turkey, see costs of living in Turkey.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Greece, Bulgaria, Georgia, Armenia, Azerbaijan, Iran, Iraq, Syria.. 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
Greece is 27,633 USD
Iran is 10,084 USD
Iraq is 7,671 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 Turkey
(2,099,459 TRY per year, pre-tax.)
2. Cardiologist
(1,754,102 TRY per year, pre-tax.)
(1,691,394 TRY per year, pre-tax.)
(1,640,570 TRY per year, pre-tax.)
5. Neurosurgeon
(1,632,934 TRY per year, pre-tax.)
(1,598,581 TRY per year, pre-tax.)
7. Oncologist
(1,595,801 TRY per year, pre-tax.)
(1,594,037 TRY per year, pre-tax.)
(1,593,001 TRY per year, pre-tax.)
(1,592,836 TRY per year, pre-tax.)
Data as of 2025Random salary:
Associate video editor (142,716 TRY per year, pre-tax.)
Gold dealer (218,115 TRY per year, pre-tax.)
Human resources (hr), manager (279,186 TRY per year, pre-tax.)
Installer molding and trim (127,205 TRY per year, pre-tax.)
Machine tool electrician (133,576 TRY per year, pre-tax.)
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This website provides salary data solely for informational use. While we strive for accuracy, we cannot ensure the precision of all figures. Users should verify salary details with reliable organizations before making career-related decisions. Salary estimates can fluctuate based on multiple factors, such as geographic location, experience, and job role. We assume no responsibility for errors in the salary estimates provided. By using this website, you accept that salary data is not absolute.