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Cost Engineer Salary (United States)

A Cost Engineer earns an average salary of $75,408 per year. A skill in Construction Estimating is associated with high pay for this job.
Cost Engineer Salary (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$50,214 - $116,611
(Median)
50K
75K
92K
120K
MEDIAN: $75,407
10%
50%
75%
90%
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Cost Engineer Salary (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$19.57 - $56.46
(Median)
20
25
34
45
56
MEDIAN: $34.00
10%
25%
50%
75%
90%
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National Salary Data

 (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$50K$100K$150K
Salary
$50,214 - $116,611  
   
Bonus
$0.00 - $9,773  
Profit Sharing
$789 - $10,137  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$50,187 - $122,190  
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 344
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$25$50$75
Hourly Rate
$19.57 - $56.46  
   
Overtime
$26.25 - $69.71  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$50K$100K$150K
Bonus
$0.00 - $9,773  
   
Profit Sharing
$789 - $10,137  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$50,187 - $122,190  
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 94
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Job Description for Cost Engineer

Cost engineers focus on cost management for companies, helping estimate expenses and monitoring projects to ensure resources are maximized. These professionals may work on a specific project or projects for their organization, and they may specialize within a specific field (such as construction cost estimator and software project manager). Cost engineers typically work in an office environment during regular business hours. Their day-to-day tasks include planning new projects, consulting with colleagues on cost-related issues, conducting cost control for existing projects, and ensuring quality control for existing projects. Cost engineers analyze proposals and documents to prepare the time, cost, and labor estimates for their company as well. They are required to report their progress to their supervisor, and they may need to give presentations related to costs for managers in their company; in making presentations and presenting analyses, cost engineers must be capable of explaining technical concepts to a variety of audiences.
Read More...
Cost Engineer Tasks
  • Assesses cost effectiveness of products and projects.
  • Confers with other staff to adjust cost estimates.
  • Analyzes maps, blueprints, photos, charts, and other data to estimate costs.
  • Reviews raw materials and labor requirements for budget purposes.

Cost Engineer Job Listings

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Popular Employer Salaries for Cost Engineer

Popular Skills for Cost Engineer

Pay by Experience Level for Cost Engineer

Median of all compensation (including tips, bonus, and overtime) by years of experience.

Pay Difference By Location

Baton Rouge
up arrow 30%
up arrow 25%
Richland
up arrow 15%
Auburn Hills
up arrow 14%
Atlanta
up arrow 6%
National Average
$77,000
New York
up arrow 10%
Larger circles over a city indicate a job is popular in that location.

Related Job Salaries

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Experience Affects Cost Engineer Salaries

National Average
$77,000

Skills That Affect Cost Engineer Salaries

Construction Estimating
up arrow 16%
Microsoft Excel
up arrow 1%
National Average
$77,000
Data Analysis
up arrow 1%

Job Satisfaction

Extremely satisfied Image
Extremely satisfied
Rated 5 out of 5 based on 124 votes.

Gender

Female
22%
female alumni
 
Male
78%
male alumni

Years of Experience

Less than 1 year
4%
1-4 years
33%
5-9 years
32%
10-19 years
18%
20 years or more
14%

Common Health Benefits

medical benefits Medical: 91% dental benefits Dental: 82%
vision benefits Vision: 71% employee benefits None: 8%