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Cost Estimation Engineer Jobs (NOW HIRING)

Analyzes maps, blueprints, photos, charts, and other data to estimate costs and set target cost in ... Bachelor's Degree in engineering/science, preferred, or equivalent experience in cost estimation ...

Analyzes maps, blueprints, photos, charts, and other data to estimate costs and set target cost in ... Bachelor's Degree in engineering/science, preferred, or equivalent experience in cost estimation ...

Proficient in cost estimation, time studies, and/or manufacturing labor standards. * Strong ... Understands how engineering decisions impact cost, schedule, and customer value * Excellent 2D & 3D ...

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Collaborate with project managers, engineers, and other stakeholders to validate project scope and requirements. * Utilize software and tools for cost estimation, including MS Excel and other ...

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CES Consulting LLC is a leading engineering and construction management firm focused on quality, safety, compliance, innovation, and value. CES is seeking a Construction Cost Estimator based in the ...

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Collaborate with project managers, engineers, and other stakeholders to validate project scope and requirements. * Utilize software and tools for cost estimation, including MS Excel and other ...

Collaborate with project managers, engineers, and other stakeholders to validate project scope and requirements. * Utilize software and tools for cost estimation, including MS Excel and other ...

Provide scenario modeling (e.g., value engineering options, scope adjustments, alternates ... Minimum of 3-5 years of experience in construction cost estimation, preferably in prefabricated ...

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Cost Estimation Engineer information

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$45.5K

$97K

$139.5K

How much do cost estimation engineer jobs pay per year?

As of Jul 1, 2026, the average yearly pay for cost estimation 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 are some typical daily responsibilities for a Cost Estimation Engineer?

As a Cost Estimation Engineer, your daily responsibilities often include analyzing project blueprints and technical documents, gathering data on materials, labor, and equipment costs, and preparing detailed cost estimates for upcoming projects. You’ll collaborate closely with project managers, engineers, and procurement specialists to ensure all cost elements are considered and align with project objectives. Reviewing and adjusting estimates in response to design changes or new information is common, as well as attending project meetings to discuss budgeting and financial planning. This role frequently requires balancing multiple projects and deadlines, making strong organizational and time management skills vital to success.

What is a Cost Estimation Engineer job?

A Cost Estimation Engineer is responsible for analyzing project requirements, materials, labor, and overhead costs to determine the estimated budget for a project. They work closely with engineers, project managers, and procurement teams to ensure accurate cost forecasting. Their role involves evaluating supplier quotes, assessing risks, and optimizing costs to keep projects within budget. Cost Estimation Engineers are commonly employed in industries like construction, manufacturing, and energy. Their expertise helps businesses make informed financial decisions and remain competitive.

What engineer makes $500,000 a year?

A highly experienced and senior-level Cost Estimation Engineer in specialized industries such as oil and gas, aerospace, or large-scale construction can earn around $500,000 annually, especially with bonuses and profit-sharing. Achieving this level typically requires advanced certifications, extensive experience, and expertise in complex project cost management. Such roles often involve leadership responsibilities and working in high-stakes environments.

What engineers make $200,000 a year?

Senior engineers in specialized fields such as petroleum, aerospace, or software engineering can earn $200,000 or more annually, especially with extensive experience, advanced skills, and often in leadership roles. High-paying engineering positions typically require advanced certifications, a strong technical background, and sometimes work in high-demand industries or locations with a high cost of living.

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 skills, and leadership roles. High-level positions often require advanced degrees, certifications, and working in high-demand industries or companies with competitive compensation packages.

What are the key skills and qualifications needed to thrive in the Cost Estimation Engineer position, and why are they important?

To thrive as a Cost Estimation Engineer, you need strong analytical skills, a solid understanding of engineering principles, and a relevant degree such as engineering or construction management. Proficiency in industry-standard estimating software like CostX, Sage Estimating, or Primavera, as well as familiarity with spreadsheets and project management tools, is essential, and certifications such as AACE’s Certified Estimating Professional (CEP) are advantageous. Excellent attention to detail, effective communication, and teamwork skills help you collaborate with project managers, engineers, and clients. These competencies ensure accuracy in project cost projections, minimize financial risk, and support the successful delivery of engineering and construction projects.

What is a cost estimation engineer?

A cost estimation engineer is a professional responsible for analyzing project requirements and preparing detailed cost estimates for construction, manufacturing, or engineering projects. They use specialized tools and industry standards to forecast expenses, support budgeting, and ensure project feasibility. Strong analytical skills and knowledge of cost management are essential for this role.
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What cities are hiring for Cost Estimation Engineer jobs? Cities with the most Cost Estimation Engineer job openings:
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Infographic showing various Cost Estimation Engineer job openings in the United States as of June 2026, with employment types broken down into 89% Full Time, and 11% Contract. Highlights an 78% In-person, and 22% Remote job distribution, with an average salary of $97,048 per year, or $46.7 per hour.
Cost Engineer

Cost Engineer

KASAI NORTH AMERICA

Murfreesboro, TN • On-site

Full-time

Posted 27 days ago


Kasai North America rating

5.6

Company rating: 5.6 out of 10

Based on 12 frontline employees who took The Breakroom Quiz


Job description

Reports to: Manager and/or General Manager of Cost Control (New Programs)

 

RESPONSIBILITIES:

  • Prepare cost analysis by evaluating material cost, labor cost, and overhead cost incurred in the fabrication or assembly of part/s, and when predetermined standard/s are not available, make an estimate.
  • Analyzes maps, blueprints, photos, charts, and other data to estimate costs and set target cost in detail.
  • Assesses cost effectiveness of products and projects to achieve target cost conferring with other functions to adjust cost estimates for effective decision making process.
  • Maintain records for all related source documents pertaining to product cost, burden rates, etc.
  • Conduct time studies to establish standards for labor estimates.
  • Break down components from drawings and fills out "Request for Quotation" for Purchasing Department.
  • Can prepare Process Design sheet for submittal to Marketing and Sales Department when necessary.
  • Prepare quotations for submittal to Marketing and Sales.
  • Estimate part weight and/or mold cost from drawings.
  • Reviews raw materials and labor requirements for budget purposes.

EDUCATION:

  • Bachelor's Degree in engineering/science, preferred, or equivalent experience in cost estimation/cost engineering/cost accounting.

EXPERIENCE:

  • Project management, financial analysis, cost accounting, data analysis.
  • Knowledge of computer based operations and associated programs (MS Office, ERP's, financial analysis software).

 

SKILLS:

  • Thorough knowledge of product variance calculations and product costing structure.
  • Strong interpersonal and analytical skills.
  • Must be able to work independently in the absence of supervision.

Other: 

  • Ability to work overtime as required and attend video meetings with other regions.
  • Travel may be required.

Work Environment This job operates in an office and manufacturing environment, and routinely uses standard office equipment. The noise level in the work environment and job sites can be loud.

Physical Demands

The employee frequently is required to sit and occasionally required to stand; walk; and reach with hands and arms. The employee may be required to lift and/or move up to 10 pounds.


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