How much does a Cost Engineer V make in California? The average Cost Engineer V salary in California is $170,109 as of May 28, 2024, but the range typically falls between $149,134 and $192,000. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.

Cost Engineer V Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Cost Engineer V Salary $130,037 CA May 28, 2024
25th Percentile Cost Engineer V Salary $149,134 CA May 28, 2024
50th Percentile Cost Engineer V Salary $170,109 CA May 28, 2024
75th Percentile Cost Engineer V Salary $192,000 CA May 28, 2024
90th Percentile Cost Engineer V Salary $211,930 CA May 28, 2024
25% $149,134 10% $130,037 90% $211,930 75% $192,000 $170,109 50%(Median) Didn’t find job title? Click
Change Search Criteria

What skills does a Cost Engineer V need?

Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.

Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.

2.

Construction Accounting: A form of project accounting applied to construction projects. Construction accounting is a vitally necessary form of accounting, especially when multiple contracts come into play.

3.

Health Care: Health care or healthcare is the improvement of health via the prevention, diagnosis, treatment, amelioration, or cure of disease, illness, injury, and other physical and mental impairments in people.

Analysis 8.02%
Construction Accounting 2.78%
Health Care 1.54%
Others 87.66%

Job Description for Cost Engineer V

Cost Engineer V develops and implements cost control procedures, documents, and tools to support and enhance project budget management. Collects and coordinates procurement and other cost information used to develop cost forecasting, cost control strategies, and project risk analysis. Being a Cost Engineer V performs data analysis to identify project trends and budget deviations and highlight cost underruns and overruns. Has extensive technical knowledge of processes and materials specific to the type of project. Additionally, Cost Engineer V experienced with the cost-estimating methods best suited to the nature of the project. Requires a bachelor's degree. Typically reports to a supervisor or manager. The Cost Engineer V works autonomously. Goals are generally communicated in "solution" or project goal terms. May provide a leadership role for the work group through knowledge in the area of specialization. Works on advanced, complex technical projects or business issues requiring state of the art technical or industry knowledge. To be a Cost Engineer V typically requires 10+ years of related experience. (Copyright 2024 Salary.com)... View full job description

Employers: Job Description Management Tool

See user submitted job responsibilities for Cost Engineer V.

Salary.com job board provides millions of Cost Engineer V information for you to search for. Click on search button below to see Cost Engineer V job openings or enter a new job title here.

Job Openings for Cost Engineer V in California
  • MKA International, Inc. ( MKA ) is a national, multidisciplinary Construction and Engineering Consulting firm. We have been serving our Clients for over 35...
    - 3 Days Ago
  • We are seeking Cost Engineers to support Utility customers throughout Southern California. These Utility providers will be both Natural Gas and Electrical ...
    - 2 Days Ago
  • The Lane Construction Corporation is one of America’s leading construction companies, specializing in large, complex civil infrastructure. For nearly 130 y...
    - 2 Days Ago
  • Job Description. Position Summary. The Mechanical Cost Engineer will work within the Cost department and will report directly to the Cost Manager. They wil...
    - 3 Days Ago
  • Job Description. Hill International is seeking a Cost Engineer in Los Angeles, California. The general job duties include: prepares detailed computer gener...
    - 2 Days Ago

Select a city to view specific salary and bonus information for Cost Engineer V

Loading results...
Location Avg. Salary Date Updated
Location Coachella, CA Avg. Salary $162,552 Date Updated May 28, 2024
Location Acampo, CA Avg. Salary $164,865 Date Updated May 28, 2024
Location Acton, CA Avg. Salary $170,726 Date Updated May 28, 2024
Location Adelanto, CA Avg. Salary $162,244 Date Updated May 28, 2024
Location Adin, CA Avg. Salary $158,080 Date Updated May 28, 2024
Location Agoura Hills, CA Avg. Salary $168,258 Date Updated May 28, 2024
Location Aguanga, CA Avg. Salary $163,015 Date Updated May 28, 2024
Location Ahwahnee, CA Avg. Salary $153,607 Date Updated May 28, 2024
Location Alameda, CA Avg. Salary $188,153 Date Updated May 28, 2024
Location Alamo, CA Avg. Salary $187,691 Date Updated May 28, 2024

Career Path for Cost Engineer V

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Cost Engineer V, the first career path typically progresses to EHR Project Manager, Sr..

The second career path typically starts with a Project Management Supervisor position, and then progresses to Project Management Manager.

The third career path typically progresses to Program Manager.

Additionally, the fourth career path typically starts with a Project Cost Control Team Leader position, and then progresses to Project Controls Manager.

Not the job you're looking for? Search more salaries here:
See if your skills match up? Check skills for Cost Engineer V

Are you an HR manager or compensation specialist?

Salary.com's CompAnalyst platform offers:

  • Detailed skills and competency reports for specific positions
  • Job and employee pricing reports
  • Compensation data tools, salary structures, surveys and benchmarks.
Learn about CompAnalyst

Jobs with a similar salary range to Cost Engineer V : Residential Construction Estimator

Cost Engineer V Salary in California
Cost Engineer V Salary Graph, Regional Distribution and Summary