diff --git a/cost-analyzer/values.yaml b/cost-analyzer/values.yaml
index 1b611ff7a..fdc4065c8 100644
--- a/cost-analyzer/values.yaml
+++ b/cost-analyzer/values.yaml
@@ -1823,7 +1823,7 @@ clusterController:
   enabled: false
   image:
     repository: gcr.io/kubecost1/cluster-controller
-    tag: v0.16.10
+    tag: v0.16.11
   imagePullPolicy: IfNotPresent
   priorityClassName: ""
   tolerations: []