The average salary for a Cost Engineer in United Kingdom is £35,554.
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£24k - £51k
£596 - £7k
£0 - £1k
£25k - £55k
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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 c…Read more
Cost Engineer Tasks
- Analyzes maps, blueprints, photos, charts, and other data to estimate costs.
- Reviews raw materials and labor requirements for budget purposes.
- Assesses cost effectiveness of products and projects.
- Confers with other staff to adjust cost estimates.
Explore the most common career paths for Cost Engineer. Thickness and color of lines indicates popularity of movement from one job to the next. Visit our career path planner to research other job paths.
More common (> 20%)
Somewhat common (8 - 20%)
Less common (< 8%)
Cost Engineer Job Listings
Popular Skills for Cost Engineer
Skills in Cost Accounting, Microsoft Excel, Data Analysis and Forecasting are correlated to pay that is above average. Skills that pay less than market rate include Project Management.
Pay by Experience Level for Cost Engineer
An entry-level Cost Engineer with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of £29,890 based on 5 salaries. An early career Cost Engineer with 1-4 years of experience earns an average total compensation of £33,906 based on 41 salaries. A mid-career Cost Engineer with 5-9 years of experience earns an average total compensation of £38,764 based on 25 salaries. An experienced Cost Engineer with 10-19 years of experience earns an average total compensation of £39,144 based on 21 salaries. In their late career (20 years and higher), employees earn an average total compensation of £38,180.
Pay Difference by Location
Learn more about cost of living by city.
Employees with Cost Engineer in their job title in London, England: London earn an average of 30.0% more than the national average. These job titles also find higher than average salaries in Bristol, England: Bristol (18.1% more) and Manchester, England: Manchester (8.6% more). The lowest salaries can be found in Aberdeen, Scotland: Aberdeen (1.6% less).
Years of Experience
This data is based on 99 survey responses.
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