As of May 18, 2021, the average salary for a Product Development Consultant in the United States is $105,190 per year, which breaks down to an hourly rate of $51.
However, a Product Development Consultant's salary can vary significantly. Here’s a look at the typical salary range:
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Product Development Consultant Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $115,081 | $9,590 | $2,213 | $55 |
| Average | $105,190 | $8,766 | $2,023 | $51 |
| 25th Percentile | $94,455 | $7,871 | $1,816 | $45 |
Joseph Michaels International - Cincinnati, OH
Technology Recruiting Solutions - Cincinnati, OH
Career Development Partners - Cincinnati, OH
Apple & Associates - Cincinnati, OH
A Product Development Consultant'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.
Experience is a primary driver of a Product Development Consultant'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:
| Levels | Salary |
|---|---|
| Product D... Level Product Development Consultant | $73,827 |
| Product D... Level Product Development Consultant | $86,950 |
| Product D... Level Product Development Consultant | $104,550 |
| Product D... Level Product Development Consultant | $134,296 |
| Product D... Level Product Development Consultant | $161,990 |
What Am I Worth?
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 Product Development Consultants. For example, consider the average annual salaries in these key locations:
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:
Understanding how a Product Development Consultant'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.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $115,081 | $9,590 | $2,213 | $55 |
| Average | $105,190 | $8,766 | $2,023 | $51 |
| 25th Percentile | $94,455 | $7,871 | $1,816 | $45 |
Salaries for a Product Development Consultant can change over time, reflecting shifts in market demand and the overall economy. The median salary decreased from $119,305 in 2023 to around $115,935 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of Product Development Consultant salary trends, .
| Year | Average Annual Salary |
|---|---|
| 2022 |
View More
|
| 2023 | $119,305 |
| 2024 | $118,031 |
| 2025 | $115,935 |
| 2026 |
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|
| 2027 |
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|
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Compensation PlanningHere are companies hiring for Product Development Consultant and their salaries, click below for more details.
Biotechnology
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Biotechnology
Biotechnology
Biotechnology
Biotechnology
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