As of March 01, 2025, the average annual salary for a Cost Engineer II in Passaic, NJ is $104,056. Salary.com reports that pay typically ranges from $91,978 to $120,181, with most professionals earning between $80,983 and $134,863.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $104,415 | $8,701 | $2,008 | $50 |
| Average | $90,405 | $7,534 | $1,739 | $43 |
| 25th Percentile | $79,912 | $6,659 | $1,537 | $38 |
An entry-level Cost Engineer II with under 1 year experience makes about $98,787. With less than 2 years of experience, a mid-level Cost Engineer II makes around $99,143. After 2-4 years, the Cost Engineer II pay rises to about $103,889. Those senior Cost Engineer II with 5-8 years of experience earn roughly $110,543, and those Cost Engineer II having 8 years or more experience are expected to earn about $111,018 on average.
| Levels | Salary |
|---|---|
| Entry Level Cost Engineer II | $98,787 |
| Intermediate Level Cost Engineer II | $99,143 |
| Senior Level Cost Engineer II | $103,889 |
| Specialist Level Cost Engineer II | $110,543 |
| Expert Level Cost Engineer II | $111,018 |
| Entry Level | 9% |
| Mid Level | 10% |
| Senior Level | 15% |
| Top Level | 22% |
| Experienced | 23% |
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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.
Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
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.
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.
| Skill | Salary | Demand |
|---|---|---|
|
Creative Thinking
|
$149,840 |
44%
|
|
Gathering Information
|
$122,786 |
18%
|
|
Cost Estimation
|
$114,461 |
10%
|
|
Consultancy
|
$113,421 |
9%
|
|
Budgeting
|
$112,380 |
8%
|
|
Alignment
|
$110,299 |
6%
|
