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Cost Engineer Jobs (NOW HIRING)

Mec Us

Cost Engineer

Troy, MI

MeC offers his consultancy services in Cost Engineering to determinate the cycle times and costs of any industrial process. Our analysis of tooling and variable costs allows the identification and ...

PCL Construction

Cost Engineer

Williston, ND

As a Cost Engineer for PCL Industrial Construction Co. in Abilene, Texas, Harrison County, West Virginia, North Slope, Alaska, Williston, North Dakota, you'll have the opportunity to track cost and ...

Skanska USA

Cost Engineer

Santa Clara, CA

Job Overview Skanska is searching for a dynamic Cost Engineer. This is a great opportunity to start a career with a company that builds things that matter and values its team. We are proud to share ...

Kokosing

Cost Engineer

Westerville, OH

Position Overview As a Cost Engineer within the Central Engineering group, you will support project teams by driving consistency, accuracy, and visibility in cost management across projects. This ...

Kokosing

Cost Engineer

Westerville, OH · On-site

As a Cost Engineer / Analyst at Kokosing, you will play a critical role in ensuring our projects are delivered on budget. You will be responsible for tracking costs, forecasting, and analyzing ...

PCL Construction

Cost Engineer

Duck, WV

As a Cost Engineer for PCL Industrial Construction Co. in Abilene, Texas, Harrison County, West Virginia, North Slope, Alaska, Williston, North Dakota, you'll have the opportunity to track cost and ...

Nexus Engineering Group

Lead Cost Engineer

Akron, OH · On-site

The Lead Cost Engineer role is a senior position within the Project Services organization supporting a major capital power project. The role is responsible for establishing, managing, and reporting ...

VDL USA Holding Inc

Cost Engineer

Flowery Branch, GA · On-site

The Cost Engineer is responsible for developing accurate and comprehensive cost calculations for new products. This role leads the estimation of initial costs for materials, sheet metal fabrication ...

PCL Construction

As a Cost Engineer for PCL Industrial Construction Co. in Abilene, Texas, Harrison County, West Virginia, North Slope, Alaska, Williston, North Dakota, you'll have the opportunity to track cost and ...

Skanska USA

Cost Engineer

Dallas, TX · On-site

Job Overview Skanska is searching for a dynamic Cost Engineer. This is a great opportunity to start a career with a company that builds things that matter and values its team. We are proud to share ...

Nexus Engineering Group

Lead Cost Engineer

Akron, OH · On-site

The Lead Cost Engineer role is a senior position within the Project Services organization supporting a major capital power project. The role is responsible for establishing, managing, and reporting ...

Hill International

Cost Engineer

Seattle, WA · On-site

$100K - $200K/yr

Hill International is seeking a Cost Engineer in Seattle, Washington Responsibilities * Monitor project budgets and review and analyze sub-contractor invoices. * Prepare job costing reports to ...

Stellantis

Cost Engineer - Electrical

Auburn Hills, MI · On-site

Cost Engineer - Electrical develops direct material costs and tooling investments for Electrical and Electronics components using activity-based costing methodology while working from bill of ...

PCL Construction

Cost Engineer

Abilene, TX · On-site

As a Cost Engineer for PCL Industrial Construction Co. in Abilene, Texas, Harrison County, West Virginia, North Slope, Alaska, Williston, North Dakota, you'll have the opportunity to track cost and ...

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All JobsCost Engineer Jobs

Cost Engineer information

See salary details

$45.5K

$97K

$139.5K

How much do cost engineer jobs pay per year?

As of Jul 3, 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

Cost Engineer

Mec Us

Troy, MI

Contractor

Posted 23 days ago

Job description

Company Description

MeC core business is the exercise of activities as assistance, analysis and technical coordination in industrial, design and management fields, dealing with:
-companies assistance in terms of technical management for the study and development of solutions in order to resolve design issues;
-cost analysis of all elements of the project;
-determination of the technological cycle and time of labour;
-feasibility studies and design aspects;
-cost benchmarking.

MeC offers his consultancy services in Cost Engineering to determinate the cycle times and costs of any industrial process. Our analysis of tooling and variable costs allows the identification and understanding of cost drivers in design, manufacturing and purchasing areas.

Job Description

The Electrical/Electronic Systems Cost Engineer will be responsible for all
technical costs associated with Electronic Modules and/or Electrical/Electronic
Switching Devices and associated mechanical mechanisms. Responsibilities
include, but are not limited to: 1) component variable costs and tooling for
all vehicles; 2) cost evaluating and collaborating product change notices; 3)
evaluating tool firm price contracts and verifying asset existence; 4) ensure
appropriate escalation to upper management if component cost collaborations
cannot be agreed upon with the respective suppliers; 5) supporting internal
competitive vehicle bench marking. Local travel may be required to review
suppliers manufacturing plant layout and processes in support of supplier
manufacturing process mapping and the creation of cost models.


Qualifications
  • BS in Electrical or Mechanical Engineering (or equivalent) from an ABET accredited
    university with Minimum of 5 years of automotive electronics module experience
    or automotive electrical/electronic switching experience is preferred.
    Open with journeyman or candidate with HS diploma with 10+ years exp (REQUIRING 10+
    years experience with Experience with PCB, circuit components, and or
    displays).
Additional Information
  • Solid leadership, interpersonal and communication skills
  • Excellent communication and negotiation skills Attention to detail
  • Ability to present ideas and concepts succinctly to all levels of management * Experience
    with activity based costing and/or quoting
  • Experience with creating and maintaining electronic component databases * Experience with
    developing cost models for automotive electronic component including tooling
    requirements and manufacturing/assembly process mapping for clusters, radios,
    body control, etc.
  • Strong negotiation skills

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