What are the main factors that influence a Cost Engineer's salary?

The primary factors are: 1) Experience Level, 2) Geographic Location, 3) Education/Skills, 4) Company Size & Industry

How does experience change A Cost Engineer's salary?

A Cost Engineer's salary grows with experience: a Cost Engineer (0-2 years)earns $82,622, a Cost Estimation Analyst II (2-4 years)earns $105,902, a Cost Estimation Analyst III (4-7 years)earns $119,285, a Cost Estimation Analyst IV (7+ years)earns $158,108, a Cost Estimation Analyst V (7-10 years)earns $186,514,

What are the highest paying states for a Cost Engineer?

Cost Engineer salary varies significantly by state. The top 3 highest paying states for Cost Engineer roles are District of Columbia $82,972, California $82,657, Massachusetts $81,555. These tech hubs typically pay 10-15% above the national average.

How much do different types of Cost Engineer roles make?

Salaries for Cost Engineer level roles vary by specialization: Cost Engineer V: $155,325; Senior Cost Engineer: $140,421; Cost Engineer IV: $131,817; Cost Engineer III: $108,651; Cost Estimation Engineer III: $106,790.

Cost Engineer Salary in District of Columbia

How much does a Cost Engineer make in District of Columbia?

As of May 18, 2021, the average salary for a Cost Engineer in District of Columbia is $83,406 per year, which breaks down to an hourly rate of $40.

However, a Cost Engineer's salary can vary significantly. Here’s a look at the typical salary range:

Top Earners (90th percentile): $97,744
Majority Range (25th-75th percentile): $76,317 to $90,911
Entry-Level (10th percentile): $69,863

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Cost Engineer Salaries by Percentile

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$90,911	$7,576	$1,748	$44
Average	$83,406	$6,951	$1,604	$40
25th Percentile	$76,317	$6,360	$1,468	$37

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Check out Cost Engineer Job Openings in District of Columbia

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INTERDISCIPLINARY ENGINEER/ARCHITECT (COST ENGINEER) with Security Clearance

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Key Factors That Influence Cost Engineer Salaries

A Cost Engineer's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location and company size can directly affect your earning potential.

How Experience Level Affects Cost Engineer Salaries?

Experience is a primary driver of a Cost Engineer's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:

Entry-Level (less than 1 year): $82,622
Early Career (1-2 years): $105,902
Mid-Level (2-4 years): $119,285
Senior-Level (5-8 years): $158,108
Expert (over 8 years): $186,514

Levels	Salary
Cost Engi... Level Cost Engineer	$82,622
Cost Esti... Level Cost Engineer	$105,902
Cost Esti... Level Cost Engineer	$119,285
Cost Esti... Level Cost Engineer	$158,108
Cost Esti... Level Cost Engineer	$186,514

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What Am I Worth?

How Do Cost Engineer Salaries Vary from State to State?

Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Cost Engineers. For example, consider the average annual salaries in these key locations:

District of Columbia: $82,972.
California: $82,657.
Massachusetts: $81,555.

District of Columbia $82,972 California $82,657 Massachusetts $81,555 Washington $81,256 New Jersey $81,226 Alaska $81,121 Connecticut $80,087 New York $79,667

Hawaii $78,326 Rhode Island $77,696 Maryland $77,269 Minnesota $76,684 Colorado $76,460 Illinois $76,385 Oregon $76,100 Delaware $75,890

New Hampshire $75,758 Virginia $75,463 Pennsylvania $74,601 Nevada $74,166 North Dakota $74,024 Michigan $73,799 Wisconsin $73,717 Vermont $73,552

Texas $73,095 Maine $73,065 Arizona $73,020 Ohio $72,967 Georgia $72,278 Indiana $71,933 Wyoming $71,866 Utah $71,761

Iowa $71,716 Kansas $71,356 Louisiana $71,251 North Carolina $71,214 Missouri $71,199 Florida $70,907 Montana $70,749 Nebraska $70,599

Kentucky $70,517 South Carolina $70,217 Tennessee $70,030 Idaho $69,955 New Mexico $69,408 Oklahoma $69,288 Alabama $68,846 South Dakota $68,104

Arkansas $67,699 West Virginia $67,482 Mississippi $66,830

Top Paying Cities for Cost Engineers

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

Parcel Return Service: $82,972
Washington: $82,972
Naval Anacost Annex: $82,972

Parcel Return Service, DC $82,972 Washington, DC $82,972 Naval Anacost Annex, DC $82,972 Washington Navy Yard, DC $82,972

Cost Engineer Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Cost Engineer's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.

Last Updated on May 18, 2021

$76,317

Average $83,406/year

$90,911

$6,360

Average $6,951/month

$7,576

$1,468

Average $1,604/week

$1,748

$37

Average $40/hour

$44

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$90,911	$7,576	$1,748	$44
Average	$83,406	$6,951	$1,604	$40
25th Percentile	$76,317	$6,360	$1,468	$37

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