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As of August 01, 2026, the average salary for a Cost Engineer and Estimator IV in Maryland is $146,200 per year, which breaks down to an hourly rate of $70.
However, a Cost Engineer and Estimator IV's salary can vary significantly. Here’s a look at the typical salary range:
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Cost Engineer and Estimator IV Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $166,400 | $13,867 | $3,200 | $80 |
| Average | $146,200 | $12,183 | $2,812 | $70 |
| 25th Percentile | $135,400 | $11,283 | $2,604 | $65 |
Geodis - BRENTWOOD, TN
CHRISTUS Health - CORPUS CHRISTI, TX
Rachel Contracting - SAINT MICHAEL, MN
University of Pittsburgh - OAKLAND, PA
A Cost Engineer and Estimator IV's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, and company size can directly affect your earning potential.
Experience is a primary driver of a Cost Engineer and Estimator IV's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:
| Job Role | Years of Experience | Average Salary |
|---|---|---|
| Cost Engineer and Estimator II | 2-4 years | $97,856 |
| Cost Engineer and Estimator III | 4-7 years | $110,183 |
| Cost Engineer and Estimator IV | 7+ years | $146,108 |
| Cost Engineer and Estimator V | 7-10 years | $172,442 |
| Project Cost Estimator Lead | 10+ years | $90,872 |
What Am I Worth?
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Cost Engineer and Estimator IVs. For example, consider the average annual salaries in these key locations:
Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:
Cost Engineer and Estimator IV salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $163,662. While startup companies pay approximate $138,455.
| Company Size | Employees | Average Salary |
|---|---|---|
| Startup | 1~50 | $138,455 |
| Growth Stage | 51~500 | $146,432 |
| Established | 501~5000 | $158,045 |
| Enterprise | 5000+ | $163,662 |
For Cost Engineer and Estimator IV roles, the industry you choose can affect earning potential by as much as 45% (the gap between the highest and lowest paying industries). Data shows that the Energy & Utilities and Pharmaceuticals sectors offer the strongest compensation, at 20% above the average. In contrast, Cost Engineer and Estimator positions in Edu., Gov't. & Nonprofit or Retail & Wholesale typically offer lower base pay, as these industries often view Cost Engineer and Estimator IV as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Energy & Utilities | $175,440 | $84.0 | 20% |
| Pharmaceuticals | $175,440 | $84.0 | 20% |
| Software & Networking | $175,440 | $84.0 | 20% |
| Biotechnology | $168,130 | $81.0 | 15% |
| Financial Services | $168,130 | $81.0 | 15% |
Understanding how a Cost Engineer and Estimator IV's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $166,400 | $13,867 | $3,200 | $80 |
| Average | $146,200 | $12,183 | $2,812 | $70 |
| 25th Percentile | $135,400 | $11,283 | $2,604 | $65 |
For a Cost Engineer and Estimator IV, the most direct path to higher earnings is advancing to the Cost Engineer and Estimator V role. This promotion typically comes with a significant pay increase, bringing the average annual salary to $172,500 - a projected growth of 18% over your current level.
Ready to take the next step in your career? Browse thousands of current Cost Engineer and Estimator IV job openings on our job board. Use the search bar below to find your perfect match.
Confidential
WEST CHESTER, PA
Confidential | WEST CHESTER, PA
Chief Estimator, Ground Up Construction. About the Company. Established general contractor with 40+ years of experience and a client-first approach. Indust... more
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Sherman and Reilly Inc
CHATTANOOGA, TN
Sherman and Reilly Inc | CHATTANOOGA, TN
Description: About Sherman Reilly Established in 1927, Sherman Reilly is North America's leading manufacturer of transmission and distribution line-stringi... more
1 Day Ago
Marriott
FAIRFIELD, SC
Marriott | FAIRFIELD, SC
Engineer IV – Facilities & Maintenance Marriott International, Inc., a global leader in hospitality, seeks an Engineer IV to lead complex facilities and ma... more
1 Day Ago
Marriott
PORT EVERGLADES, FL
Marriott | PORT EVERGLADES, FL
Engineer IV HVAC Marriott International, Inc. seeks an experienced HVAC Engineer IV to support our Hospitality & Travel properties within the Engineering, ... more
1 Day Ago
UF Health
JULINGTON CREEK, FL
UF Health | JULINGTON CREEK, FL
UF Health is seeking a detail-oriented Pharmacy IV Technician to support our Healthcare & Medical Services team in Gainesville, FL. In this on-site role, y... more
1 Day Ago
GE Vernova
UPPER UNION, NY
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