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Product Cost Engineer Jobs (NOW HIRING)

As a Product Cost Engineer at Meta Reality Labs, you will manage all aspects of the financial health of your product from early ideation and design stages all the way through the end of life of the ...

Product Cost Engineer

Redmond, WA · On-site

$168K - $234K/yr

As a Product Cost Engineer at Meta Reality Labs, you will manage all aspects of the financial health of your product from early ideation and design stages all the way through the end of life of the ...

We are seeking a Cost Engineer to join our client (global leader in the automotive industry) and ... Evaluate product designs for manufacturability and cost competitiveness. * Develop and maintain ...

We are seeking a Cost Engineer to join our client (global leader in the automotive industry) and ... Responsibilities · Evaluate product designs for manufacturability and cost competitiveness. · ...

Cost Engineer

Norfolk, VA · On-site

$148K/yr

Knowledge and experience with Autodesk software, Microsoft Office products, cost engineering software and other applicable DoD computer systems and software used by the Navy command. * Ability to ...

As the Cost Engineer you will be responsible for supporting the business by developing, analyzing ... Manages product cost to target on projects with moderate complexity. * Sets the future cost ...

As the Cost Engineer you will be responsible for supporting the business by developing, analyzing ... Manages product cost to target on projects with moderate complexity. * Sets the future cost ...

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Product Cost Engineer information

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$45.5K

$97K

$139.5K

How much do product cost engineer jobs pay per year?

As of Jul 11, 2026, the average yearly pay for product 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 is the difference between Product Cost Engineer vs Manufacturing Cost Analyst?

AspectProduct Cost EngineerManufacturing Cost Analyst
CredentialsBachelor's in Engineering, Finance, or related field; certifications like CPCM or CPMBachelor's in Accounting, Finance, or Industrial Engineering; similar certifications
Work EnvironmentDesign and development teams, manufacturing plants, engineering departmentsFinance and accounting departments, manufacturing facilities
Industry UsageProduct development, engineering, manufacturingCost analysis, budgeting, financial planning in manufacturing

Product Cost Engineers focus on estimating and controlling costs during product development, working closely with engineering teams. Manufacturing Cost Analysts primarily analyze manufacturing expenses, supporting budgeting and cost reduction efforts. While both roles involve cost analysis and require similar credentials, their focus areas and daily tasks differ within the manufacturing industry.

What is a Product Cost Engineer?

A Product Cost Engineer is a professional responsible for analyzing, estimating, and managing the costs associated with manufacturing a product. They work closely with design, engineering, and procurement teams to evaluate materials, labor, and production processes to ensure products are developed within budget. Their goal is to optimize costs without compromising quality or functionality, helping organizations achieve profitability and competitive pricing. Product Cost Engineers often use specialized software and cost modeling techniques to support decision-making throughout the product lifecycle.

How does a Product Cost Engineer typically collaborate with other departments during the product development process?

Product Cost Engineers work closely with cross-functional teams such as design, engineering, procurement, and manufacturing to ensure that products are developed within targeted cost parameters. They often participate in design reviews, provide cost estimates, and suggest design modifications to optimize material and production costs. Effective communication and teamwork are essential, as Product Cost Engineers act as a bridge between technical teams and finance, ensuring that cost considerations are integrated into decision-making from the earliest stages of product development.

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

To thrive as a Product Cost Engineer, you need a solid background in engineering, cost analysis, and manufacturing processes, often supported by a degree in engineering or related fields. Familiarity with cost modeling software, ERP systems, and tools like SAP or Excel is typically essential. Strong analytical thinking, attention to detail, and effective communication skills help in collaborating with cross-functional teams and presenting cost-saving recommendations. These skills and qualifications are crucial for accurately estimating product costs, optimizing resources, and supporting strategic business decisions.
More about Product Cost Engineer jobs
What job categories do people searching Product Cost Engineer jobs look for? The top searched job categories for Product Cost Engineer jobs are:
Infographic showing various Product Cost Engineer job openings in the United States as of July 2026, with employment types broken down into 1% As Needed, 88% Full Time, 9% Part Time, and 2% 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.
Product Cost Engineer

Product Cost Engineer

Meta

Redmond, WA

Other

Posted 17 days ago


Meta rating

7.5

Company rating: 7.5 out of 10

Based on 44 frontline employees who took The Breakroom Quiz

135th of 209 rated software companies


Job description

Be part of building new, innovative hardware that radically redefines the way people work, play, and connect. As a Product Cost Engineer at Meta Realit...


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