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Cost Engineer Jobs (NOW HIRING)

OSI Engineering

Cost Engineer

Columbus, OH · On-site

We are seeking a Cost Engineer to join our client (global leader in the automotive industry) and support product cost analysis, supplier evaluations, and value engineering initiatives. This role will ...

Bristol Alliance of Companies

Cost Engineer

Norfolk, VA · On-site

$148K/yr

The Cost Engineer will provide independent, timely and professional cost engineering support, services and consultation for the planning, design, construction and maintenance of facilities for the ...

Bristol Alliance of Companies

Cost Engineer

Norfolk, VA · On-site

$148K/yr

The Cost Engineer will provide independent, timely and professional cost engineering support, services and consultation for the planning, design, construction and maintenance of facilities for the ...

System One

Cost Engineer

Bagdad, AZ · On-site

Cost Engineer Location: Bagdad, Arizona Type: Contract Compensation: Work Model: Onsite - onsite Hours: 40.0 Security Clearance: Overview Cost Engineer Department: Project Management Reports To:

Stellantis

Cost Engineer

Auburn Hills, MI · On-site

CTPC Cost Engineer Interiors (CEI/TON) develops direct material costs and tooling investments for " NVH and SOFT TRIM" components using activity-based costing methodology while working from bill of ...

System One

Cost Engineer

Bagdad, AZ · On-site

Cost Engineer Location: Bagdad, Arizona Type: Contract Compensation: Work Model: Onsite - onsite Hours: 40.0 Security Clearance: Overview Cost Engineer Department: Project Management Reports To:

BB&E

Position Summary BB&E is seeking a dynamic and detail-oriented Cost Engineer to join our team, providing engineer support for Air Force life-cycle cost engineering requirements/projects at the Air ...

BB&E

Position Summary BB&E is seeking a dynamic and detail-oriented Cost Engineer to join our team, providing engineer support for Air Force life-cycle cost engineering requirements/projects at the Air ...

System One

Cost Engineer

Bagdad, AZ · On-site

Cost Engineer Location: Bagdad, Arizona Type: Contract Compensation: Work Model: Onsite - onsite Hours: 40.0 Security Clearance: Overview Cost Engineer Department: Project Management Reports To:

System One

Cost Engineer

Bagdad, AZ · On-site

Cost Engineer Location: Bagdad, Arizona Type: Contract Compensation: Work Model: Onsite - onsite Hours: 40.0 Security Clearance: Overview Cost Engineer Department: Project Management Reports To:

System One

Cost Engineer

Bagdad, AZ · On-site

Cost Engineer Location: Bagdad, Arizona Type: Contract Compensation: Work Model: Onsite - onsite Hours: 40.0 Security Clearance: Overview Cost Engineer Department: Project Management Reports To:

OSI Engineering, Inc.

Cost Engineer

Columbus, OH · On-site

We are seeking a Cost Engineer to join our client (global leader in the automotive industry) and support product cost analysis, supplier evaluations, and value engineering initiatives. This role will ...

Trojan Battery Company

Cost Engineer

Charleston, WV · Remote

Position Overview The Cost Engineer applies advanced cost engineering, manufacturing, and supply chain expertise to drive structural cost reduction across Lead-Acid and Lithium-ion battery platforms.

System One

Cost Engineer

Bagdad, AZ · On-site

Cost Engineer Location: Bagdad, Arizona Type: Contract Compensation: Work Model: Onsite - onsite Hours: 40.0 Security Clearance: Overview Cost Engineer Department: Project Management Reports To:

System One

Cost Engineer

Bagdad, AZ · On-site

Cost Engineer Location: Bagdad, Arizona Type: Contract Compensation: Work Model: Onsite - onsite Hours: 40.0 Security Clearance: Overview Cost Engineer Department: Project Management Reports To:

Moog, Inc.

Cost Engineer

Buffalo, NY · On-site

$75K - $95K/yr

Cost Engineer Reporting To: Cost and Pricing Manager Work Schedule: Hybrid - Buffalo, NY Moog, Inc. is a global leader in motion control across land, sea air and space, pioneering advanced solutions ...

General Motors

Cost Engineer

Warren, MI · Hybrid

The cost engineer working in the PPCO / Product Program Cost Optimization team will be responsible for generating ground-up / detailed material cost estimates that encompass both piece price ...

System One Holdings, LLC

Cost Engineer

Bagdad, AZ · On-site

Cost Engineer Location: Bagdad, Arizona Type: Contract Compensation: Work Model: Onsite - onsite Hours: 40.0 Security Clearance: Overview Cost Engineer Department: Project Management Reports To:

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All JobsCost Engineer Jobs

Cost Engineer information

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$45.5K

$97K

$139.5K

How much do cost engineer jobs pay per year?

As of Jul 23, 2026, the average yearly pay for cost engineer in the United States is $97,048.00, according to ZipRecruiter salary data. Most workers in this role earn between $81,000.00 and $114,000.00 per year, depending on experience, location, and employer.

What Engineers make $500,000?

Senior engineers in specialized fields such as petroleum, aerospace, or software engineering can earn $500,000 or more annually, especially with experience, advanced skills, and leadership roles. High-level positions often include bonuses, stock options, or profit sharing that contribute to total compensation.

What is the difference between Cost Engineer vs Cost Estimator?

AspectCost EngineerCost Estimator
CredentialsTypically requires a degree in engineering, construction management, or related field; certifications like AACE International's CCP or CEOften holds a degree in construction management, engineering, or related; may also have certifications like AACE CCP
Work EnvironmentWorks on project cost control, budgeting, and financial analysis during project executionFocuses on preparing cost estimates for project bids and proposals
Industry UsageUsed throughout project lifecycle, especially in engineering and construction projectsPrimarily involved during project planning and bidding phases

While both roles involve cost analysis, a Cost Engineer manages ongoing project costs and controls, whereas a Cost Estimator focuses on initial cost projections for bids. Understanding these differences helps in selecting the right career path or job role in the construction and engineering industries.

What Engineers make $200,000 a year?

Senior engineers in fields such as petroleum, aerospace, software, and electrical engineering can earn $200,000 or more annually, especially with extensive experience, advanced certifications, or leadership roles. High-paying engineering positions often require specialized skills, project management, and working in industries with high revenue potential.

What Engineers make $300,000 a year?

Senior engineers in specialized fields such as petroleum, aerospace, or software engineering can earn $300,000 or more annually, especially with extensive experience, advanced certifications, and leadership roles. High-paying engineering positions often require advanced technical skills, project management, and working in high-demand industries or executive-level positions.

What are the key skills and qualifications needed to thrive as a Cost Engineer, and why are they important?

A Cost Engineer requires a solid background in engineering, mathematics, or finance, often supported by a relevant degree and experience with budgeting and cost estimation. Familiarity with cost management software (like Primavera or SAP), project management systems, and industry certifications such as AACE or PMP are typically important. Strong analytical thinking, attention to detail, and effective communication help Cost Engineers collaborate with project teams and stakeholders. These competencies are crucial to ensure project costs are accurately estimated, controlled, and aligned with business objectives.

How does a Cost Engineer typically collaborate with project managers and other departments during a project's lifecycle?

Cost Engineers work closely with project managers, procurement teams, and engineering staff to ensure project costs remain within budget and financial risks are minimized. They participate in regular project meetings, provide cost forecasts, and analyze potential cost overruns. Their role often involves reviewing vendor quotes, coordinating with schedulers to align budgets and timelines, and preparing detailed cost reports for stakeholders. This cross-functional collaboration is essential to proactively identify issues and support informed decision-making throughout the project.

What Does a Cost Engineer Do?

As a cost engineer, you estimate the various costs associated with a project. You can perform your duties in a variety of settings and industries. Many cost engineers work in construction, manufacturing, or other industrial enterprises. In these positions, your responsibilities focus on using technical knowledge to forecast expenses for all phases of the project accurately. You help create a budget that includes time, materials, labor costs, and other factors. These other factors may include things like travel, taxes, and security needs. Cost engineers use specialized software to organize their cost figures and compile information for creating a budget.

What are Cost Engineers?

Cost Engineers are professionals who specialize in estimating, managing, and controlling the costs associated with engineering projects. They analyze project plans, materials, labor, and time requirements to develop accurate cost projections and budgets. Cost Engineers play a crucial role in helping organizations optimize resources, minimize expenses, and ensure projects are completed within financial constraints. Their expertise is essential in industries such as construction, manufacturing, and energy.

What does a cost engineer do?

A cost engineer analyzes and manages project costs to ensure budgets are maintained and projects are financially feasible. They prepare cost estimates, monitor expenses, and use tools like cost management software to control project budgets throughout the construction or engineering process.
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Cost Engineer jobs near you
Infographic showing various Cost Engineer job openings in the United States as of July 2026, with employment types broken down into 1% As Needed, 88% Full Time, 8% Part Time, and 3% Contract. Highlights an 94% Physical, 2% Hybrid, and 4% Remote job distribution, with an average salary of $97,048 per year, or $46.7 per hour.
Cost Engineer

Cost Engineer

OSI Engineering

Columbus, OH • On-site

Other

Posted 24 days ago

Job description

We are seeking a Cost Engineer to join our client (global leader in the automotive industry) and support product cost analysis, supplier evaluations, and value engineering initiatives.


This role will work cross-functionally with engineering, purchasing, and suppliers to evaluate manufacturing costs, develop should-cost models, and identify cost optimization opportunities throughout the product development lifecycle.


Responsibilities

  • Evaluate product designs for manufacturability and cost competitiveness.
  • Develop and maintain piece cost and investment should-cost models using aPriori and other cost modeling tools.
  • Support RFQ activities by analyzing supplier quotations and validating manufacturing costs.
  • Perform cost analysis to support supplier negotiations and sourcing decisions.
  • Track cost impacts resulting from engineering design changes.
  • Identify value analysis/value engineering (VA/VE) opportunities and recommend cost reduction initiatives.
  • Maintain cost tracking tools, reporting dashboards, and cost databases.
  • Collaborate with engineering and purchasing teams to ensure product cost targets are achieved.
  • Analyze engineering specifications, CAD models, BOMs, supplier quotations, project timing, and cost targets to provide accurate cost assessments.


Required Qualifications

  • 3+ years of experience in cost engineering, manufacturing engineering, product costing, or a related field.
  • Bachelor's degree in Engineering, Manufacturing, Supply Chain, or a related technical field (or equivalent experience).
  • Strong understanding of manufacturing processes, including: Injection molding, Metal stamping and fabrication, Thermoforming, and Assembly processes
  • Experience developing should-cost models and performing manufacturing cost analysis.
  • Strong analytical skills with advanced proficiency in Microsoft Excel.
  • Excellent communication and collaboration skills with cross-functional teams.


Required Software

  • Microsoft Excel
  • Microsoft PowerPoint
  • aPriori
  • CAD Viewer (CATIA V6 or equivalent)


Preferred Qualifications

  • Experience in the automotive industry.
  • Familiarity with supplier cost evaluations and RFQ processes.
  • Experience supporting sourcing decisions and supplier negotiations.
  • Knowledge of value engineering (VA/VE) methodologies.


Location: Raymond, OH (Hybrid – Approximately 4 days/week)

Duration: June 2026 – March 2027 (Potential for Extension)

Travel: Less than 5%


No 3rd party agencies or C2C

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