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Cost Engineer Jobs (NOW HIRING)

Cost Engineer

Lihue, HI ยท On-site

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.

The Cost Engineer/Analyst North America is a critical role in the global cost engineering organization which will provide support to global purchasing , sales and finance teams. The cost engineer ...

The Cost Engineer role develops detailed cost estimates for components and tooling using an activity-based costing approach. This role works directly with bills of material, drawings, and physical ...

Cost Engineer

New Rochelle, NY ยท On-site

$120K - $140K/yr

Cost Engineer - Civil (Transit Projects) Location: New Rochelle, NY (On-site, 5 days per week) Salary Range: $120,000 - $140,000 annually Overview: Seeking a Cost Engineer to support cost control ...

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 ...

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:

Cost Engineer -Stamping & welding Location: Auburn Hills, Michigan USA Experience requirement Minimum 5 years in Manufacturing & Costing, Total exp - more than 10 years Key words to search Should ...

Cost Engineer

Boise, ID ยท On-site

$35 - $65/hr

Cost Engineer (MEP OR CSA) Location: Boise, ID or Childress, TX Required Skills & Experience 3+ years of experience reviewing, validating, and managing construction change orders within Mechanical ...

Cost Engineer

Salt Lake City, UT ยท Hybrid

$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 ...

Cost Engineer

Tualatin, OR ยท On-site

$85K - $100K/yr

Ascentec Engineering is hiring! We are seeking a detail-oriented and analytical Cost Engineer to join our team. In this role, you will support project planning, cost control, budgeting, and ...

Cost Engineer

Buffalo, NY ยท Hybrid

$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 ...

The Cost Engineer role develops detailed cost estimates for components and tooling using an activity-based costing approach. This role works directly with bills of material, drawings, and physical ...

Cost Engineer

Tualatin, OR ยท On-site

$85K - $100K/yr

Ascentec Engineering is hiring! We are seeking a detail-oriented and analytical Cost Engineer to join our team. In this role, you will support project planning, cost control, budgeting, and ...

Your detailed analysis will provide innovative solutions to cost engineering challenges. #LI-BH1 Major Responsibilities: * Performs routine cost estimating, analysis, and control activities, as ...

Your detailed analysis will provide innovative solutions to cost engineering challenges. #LI-BH1 Major Responsibilities: * Performs routine cost estimating, analysis, and control activities, as ...

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Cost Engineer information

See salary details

$45.5K

$97K

$139.5K

How much do cost engineer jobs pay per year?

As of Jul 24, 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.
What cities are hiring for Cost Engineer jobs? Cities with the most Cost Engineer job openings:
What are the most commonly searched types of Cost Engineer jobs? The most popular types of Cost Engineer jobs are:
Who are the top companies hiring for Cost Engineer jobs? The top employers for Cost Engineer jobs are:
What states have the most Cost Engineer jobs? States with the most job openings for Cost Engineer jobs include:
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/Senior Cost Engineer

Cost Engineer/Senior Cost Engineer

The Aerospace Corporation

Albuquerque, NM โ€ข On-site

Full-time

Medical, Retirement, PTO

Posted 8 days ago


Job description

The Aerospace Corporation is the trusted partner to the nation's space programs, solving the hardest problems and providing unmatched technical expertise. As the operator of a federally funded research and development center (FFRDC), we are broadly engaged across all aspects of space- delivering innovative solutions that span satellite, launch, ground, and cyber systems for defense, civil and commercial customers. When you join our team, you'll be part of a special collection of problem solvers, thought leaders, and innovators. Join us and take your place in space.

The Systems Engineering Division (SED) offers unparalleledexpertisein systems engineering to the U.S. government and various public and private agencies, universities, nonprofit organizations, consortia, and commercial companies involved in the advanced development and application of space systems. From systems CONOPs and architecture development to system design and analysis, mission assurance, cost and schedule assessment, and economic market analysis, SEDleveragesa vast array of engineering and business disciplines across a dynamic portfolio of space programs and national challenges spanning the total space system lifecycle.

Aerospace's Engineering Economics and Management Sciences (EEMS) Department integrates cost engineering, schedule engineering, operations research, and acquisition-focused research to deliver data-driven insights for complex space and ground systems. Supporting customers across the National Security, Civil, Commercial, and International Space communities, EEMS leverages advanced analytics and modeling to shape acquisition strategies, manage risk, and improve program outcomes.

We are seeking aCost Engineer/Senior Cost Engineerto support the National Security Space Enterprise. In this role, you will support or lead cost analyses, evaluate technical and programmatic data, and develop cost estimating models and methodologies. You will contribute to advancing cost engineering capabilities through the development of tools, analytical frameworks, and data approaches that enable defensible, decision-ready cost products, while integrating cost with schedule and risk insights to inform acquisition and funding decisions.

Work Model: This position is full-time and requires on-site work at one of the following locations:El Segundo,CA;Chantilly, VA; Crystal City, VA; Greenbelt, MD;Huntsville, AL; Albuquerque, NM; Colorado Springs, CO,offering an in-person work model that combines 4 or more regular onsite workdays per week and remote flexibility as the business needs allow.

WhatYou'llBe Doing

  • Advisecustomers onacquisition strategies that balance cost, schedule, and risk to enable mission success

  • Participate in space system design and evaluation teams and may lead the cost analysiscomponentandAdvise customers on acquisition strategies, balancing cost, schedule, and risk

  • Contribute to space system design and evaluation efforts byprovidingcost insights andidentifyingcost and schedule risks

  • Develop life cycle cost estimates and trade studies to support program direction, funding strategies, and investment decisions

  • Work with customers and program offices to develop cost methodologies grounded in cost engineering practices and estimating principles

  • Conduct cost research and build ormaintaindatabases, tools, and methodologies that strengthen cost estimating capabilities

  • Evaluate contractor proposals and program artifacts toidentifycost drivers, risks, and potential gaps

  • Apply cost and analytical methods across a range of acquisition environments (e.g., rapid acquisition, OTAs,fixed-price), adapting approaches to support faster program delivery

  • Contribute to team development and technical quality through mentoring and peer reviews

What You Need to be Successful

MinimumRequirements for theEngineering Specialist

  • Bachelor's degreeinEngineering(Aerospace, Systems, Industrial), Operations Research,Applied Mathematics,Economics(quantitativefocus)or relatedSTEM field

  • At least 8 years of relevant experience in space systems acquisition, cost/schedule engineering, or advanced decision analytics

  • Experience leading the development oflife cycle cost estimates and methodologies for complex systems

  • Demonstrate ability to collaborate effectively whileoperatingwith initiative, adaptability, and soundadjustmentin high-visibility, and time-constrained environments

  • Exhibitsahigh levelof innovation, creativeness, and initiative when responding to dynamic and sometimes short-termrequests

  • Willingnessto travel occasionally to customer sitesor work locations

  • This position requiresa current and active TS/SCIsecurity clearance, which is issued by the U.S. government.

In addition to the above, theminimumrequirements for theSeniorEngineering Specialist:

  • 12 years of experience in cost engineering, cost analysis, or operations research or closely related analytical disciplines supporting space systems acquisition

  • Demonstrated leadership in planning and delivering complex analyses, including managing teams, balancing priorities, and driving results under evolving customer demands

  • Proven ability to integrate cost, schedule, and risk insights across EEMS capability areas, applying analytical methods and tools (e.g. Monte Carlo simulation using @RISK, Crystal Ball) to inform program and enterprise-level decisions

  • Experience leading cross-functional efforts and synthesizing technical, programmatic, economic, and acquisition considerations to inform program and enterprise-level decisions

  • Proven ability to engage senior leaders and translate complex technical and programmatic data into decision insights that inform acquisition strategies, funding profiles, and risk posture

  • Recognized technical authority capable ofrepresentingthe organization at high-visibility technical meetings, reviews, and external engagements

How You Can Stand Out

It would be impressive if youhaveone or more of these:

  • Master's or PhD degree in Engineering (Aerospace, Systems, Industrial), Operations Research, Applied Mathematics, Economics (quantitative focus) or related STEM field

  • Proven track record in developing cost models and databases with demonstrated proficiency in Python, R, or SQL

  • Understanding of the NDAA 2026 acquisition environment, PPBE Reform, and Warfighting Acquisition System transformation and their impact on U.S. Government space systems

  • Experience with government or commercial space operations and program management

  • Familiarity with the aerospace and defense industrial base, including Aerospace Corporation customers and mission areas

We offer a competitive compensation package where you'll be rewarded based on your performance and recognized for the value you bring to our business. The grade-based pay range for this job is listed below. Individual salaries within that range are determined through a wide variety of factors including but not limited to education, experience, knowledge and skills.

(Min - Max)

$117,300.00 - $226,900.00Pay Basis: Annual

Leadership Competencies

Our leadership philosophy is simple: every employee, regardless of level and role, can demonstrate leadership. At Aerospace, our commitment is our people. To cultivate our talent and ensure that we have a strong pipeline of future leaders, we want individuals who:

  • Operate Strategically
  • Lead Change
  • Engage with Impact
  • Foster Innovation
  • Deliver Results

Ways We Reward Our Employees

During your interview process, our team will provide details of our industry-leading benefits.

Benefits vary and are applicable based on Job Type. A few highlights include:

  • Comprehensive health care and wellness plans

  • Paid holidays, sick time, and vacation

  • Standard and alternate work schedules, including telework options

  • 401(k) Plan - Employees receive a total company-paid benefit of 8%, 10%, or 12% of eligible compensation based on years of service and matching contributions; employees are immediately eligible and vested in the plan upon hire

  • Flexible spending accounts

  • Variable pay program for exceptional contributions

  • Relocation assistance

  • Professional growth and development programs to help advance your career

  • Education assistance programs

  • An inclusive work environment built on teamwork, flexibility, and respect

We are all unique, from various backgrounds and all walks of life, yet one thing bonds all of us to each other-the belief that we can make a difference. This core belief empowers us to do our best work at The Aerospace Corporation.

Equal Opportunity Commitment

The Aerospace Corporation is an equalopportunity employer. All qualified applicants will receive consideration for employment and will not be discriminated against on the basis of race, age, sex (including pregnancy, childbirth, and related medical conditions), sexual orientation, gender, gender identity or expression, color,religion,geneticinformation, marital status, ancestry, national origin, protected veteran status, physical disability, medical condition, mental disability, or disability status and any other characteristic protected by state or federal law. If you're an individual with a disability or a disabled veteran who needs assistance using our online job search and application tools or need reasonable accommodation to complete the job application process, please contact us by phone at 310.336.5432 or by emailatpeoplemangmnt.mailbox@aero.org .You can also reviewKnow Your Rights: Workplace Discrimination is Illegal.