As of April 01, 2025, the average annual salary for a Cost Engineer and Estimator II in the United States is $92,400. Salary.com reports that pay typically ranges from $83,200 to $102,100, with most professionals earning between $74,824 and $110,931.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $102,100 | $8,508 | $1,963 | $49 |
| Average | $92,400 | $7,700 | $1,777 | $44 |
| 25th Percentile | $83,200 | $6,933 | $1,600 | $40 |
An entry-level Cost Engineer and Estimator II with less than 1 year of experience earns about $89,379. With 1-2 years of experience, the average salary increases to $89,654. For 2-4 years of experience, the pay typically rises to $93,124. Senior-level professionals with 5-8 years of experience earn around $97,178, and those with over 8 years of experience can expect an average of $97,467.
| Levels | Salary |
|---|---|
| Entry Level Cost Engineer and Estimator II | $89,379 |
| Intermediate Level Cost Engineer and Estimator II | $89,654 |
| Senior Level Cost Engineer and Estimator II | $93,124 |
| Specialist Level Cost Engineer and Estimator II | $97,178 |
| Expert Level Cost Engineer and Estimator II | $97,467 |
| Entry Level | 3% |
| Mid Level | 3% |
| Senior Level | 1% |
| Top Level | 5% |
| Experienced | 5% |
Salaries in the United States differ widely between states due to factors like cost of living, local economies, and industry presence.
What Am I Worth?
Salaries in the United States can vary greatly between cities due to factors like cost of living, local economies, and industry presence.
As of April 01, 2025, our research reveals a significant shift in Cost Engineer and Estimator II compensation over the past six years. For example, the median salary increased from $80,951 in 2023 to approximately $81,090 in 2024. (For a detailed analysis of Cost Engineer and Estimator II salary trends, click here.)
Key factors like location, experience, industry demand, and economic growth significantly influence salary variations, making them important to consider.
Salary.com job board provides millions of Cost Engineer and Estimator II information for you to search for. Click on search button below to see Cost Engineer and Estimator II job openings or enter a new job title here.
Here are companies hiring for Cost Engineer and Estimator II and their salaries, click below for more details.
| Core Compensation | ||||
| Core Compensation | Median | % of Total | ||
| Base Salary | $92,400 | 71.1% | ||
| Bonus | $0 | 0.0% | ||
| Value of Benefits | ||||
| Core Compensation | Median | % of Total | ||
| Social Security | $7,069 | 5.4% | ||
| 401K/403B | $3,881 | 3.0% | ||
| Disability | $1,848 | 1.4% | ||
| Healthcare | $8,352 | 6.4% | ||
| Pension | $4,990 | 3.8% | ||
| Time Off | $11,372 | 8.8% | ||
| Total Compensation | $129,911 | 100% | ||
Cost Engineers in the US typically earn between $76,300 and $99,500 annually. The average salary is around $86,100. This range reflects the varying levels of experience and responsibilities within the role.
In the USA, the highest-paid engineering roles include Biomedical Engineers with a median salary of $99,550, followed closely by Environmental Engineers at $96,530. Cost Engineers and Estimators earn between $76,300 and $99,500, with a mid-salary of $86,100, making them competitive in the engineering salary landscape.
Cost estimators generally require a bachelor's degree for entry into the field. However, individuals with extensive experience in construction may qualify without a degree. The salary for cost estimators ranges from a minimum of $76,300 to a maximum of $99,500, with a median salary of $86,100, reflecting the value of education and experience in this profession.
Engineers typically do not make $300,000 a year. For Cost Engineers and Estimators, the salary ranges from a minimum of $76,300 to a maximum of $99,500, with a mid-salary of $86,100. While some specialized roles may offer higher compensation, this range reflects the standard earnings in these positions.
Cost estimating is a promising career choice, ranking #21 in Best Business Jobs. With a salary range from $76,300 to $99,500, it offers competitive compensation. The role combines analytical skills with project management, making it both challenging and rewarding. If you enjoy problem-solving and working with numbers, this could be a great fit for you.
Cost estimators typically require strong math and analytical skills, along with critical thinking abilities to visualize a project from start to finish. They are detail-oriented and possess significant technical knowledge in their specialty. The salary for cost estimators ranges from $76,300 to $99,500, with a median salary of $86,100.
Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.
We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)
With the most extensive online, real-time compensation data available, Salary.com helps you pinpoint your exact pay target.
