Home > Salary > Ukraine > 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: 158,119 UAH
Estimated Monthly Salary: 13,177 UAH
Estimated Weekly Salary: 3,041 UAH per week
Estimated Hourly Salary: 76 UAH per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 12,709 UAH
Estimated Weekly Salary: 2,933 UAH per week
Estimated Hourly Salary: 73 UAH per hour
Last revision of data: 2024-01-08
Estimated Yearly Salary: 5,437 USD
Estimated Monthly Salary: 453 USD
Estimated Weekly Salary: 105 USD per week
Estimated Hourly Salary: 3 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: 158,119 UAH
Estimated Monthly Salary: 13,177 UAH
Estimated Weekly Salary: 3,041 UAH per week
Estimated Hourly Salary: 76 UAH per hour
By working as Cost Analyst a person can save up to 282 USD per month or 3,387 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 Ukraine, see costs of living in Ukraine.
Estimated Yearly Salary for Cost Analyst
Last revision of data: 2025-01-04
Data as of 2025
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Cost Analyst salary in Ukraine
Average Yearly Salary of Cost Analyst in Ukraine is approximately 158,119 UAH (5,437 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: 158,119 UAH
Estimated Monthly Salary: 13,177 UAH
Estimated Weekly Salary: 3,041 UAH per week
Estimated Hourly Salary: 76 UAH per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 152,511 UAHEstimated Monthly Salary: 12,709 UAH
Estimated Weekly Salary: 2,933 UAH per week
Estimated Hourly Salary: 73 UAH per hour
Last revision of data: 2024-01-08Cost Analyst estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 5,437 USD
Estimated Monthly Salary: 453 USD
Estimated Weekly Salary: 105 USD per week
Estimated Hourly Salary: 3 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
Ukraine, located in Eastern Europe, is a country with a rich history and diverse culture. It has a population of approximately 44 million people and covers an area of about 603,550 square kilometers. The country shares borders with several countries including Russia, Belarus, Poland, Slovakia, Hungary, Romania, and Moldova.
Estimated national average yearly salary is 112,216 UAH (4,270 USD). Value indicated is pre-tax. Below graph shows estimated Cost Analyst job salary compared to average salary in Ukraine.
Comparison shows that a person working as Cost Analyst in Ukraine earns on average:
1.41 times the average salary (or 141% of average salary).
Estimated national average yearly salary is 112,216 UAH (4,270 USD). Value indicated is pre-tax. Below graph shows estimated Cost Analyst job salary compared to average salary in Ukraine.
Comparison shows that a person working as Cost Analyst in Ukraine earns on average:
1.41 times the average salary (or 141% 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 173,931 UAH and 229,273 UAH. However this is an estimation based on Gaussian Distribution.How much can you save working as Cost Analyst in Ukraine?
Living in Ukraine the approximate monthly expenses are: 171 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: 158,119 UAH
Estimated Monthly Salary: 13,177 UAH
Estimated Weekly Salary: 3,041 UAH per week
Estimated Hourly Salary: 76 UAH per hour
By working as Cost Analyst a person can save up to 282 USD per month or 3,387 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 Ukraine, see costs of living in Ukraine.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Belarus, Russia, Poland, Slovakia, Hungary, Romania, Moldova. 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
Russia is 16,348 USD
Poland is 23,311 USD
Slovakia is 28,115 USD
Hungary is 24,185 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 Ukraine
(1,288,838 UAH per year, pre-tax.)
2. Cardiologist
(1,079,208 UAH per year, pre-tax.)
(1,036,905 UAH per year, pre-tax.)
4. Neurosurgeon
(1,009,722 UAH per year, pre-tax.)
(1,006,006 UAH per year, pre-tax.)
(985,515 UAH per year, pre-tax.)
(985,387 UAH per year, pre-tax.)
(981,998 UAH per year, pre-tax.)
9. Urologist
(981,931 UAH per year, pre-tax.)
10. Oncologist
(981,624 UAH per year, pre-tax.)
Data as of 2025Random salary:
Art teacher (92,006 UAH per year, pre-tax.)
Aerospace stress engineer (187,601 UAH per year, pre-tax.)
Senior manufacturing process engineer (229,448 UAH per year, pre-tax.)
Dog obedience trainerinstructor (57,238 UAH per year, pre-tax.)
Education curator (113,040 UAH per year, pre-tax.)
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