As of March 01, 2025, the average annual salary for a Cost Engineer II in Troy, MI is $90,766. Salary.com reports that pay typically ranges from $80,231 to $104,832, with most professionals earning between $70,640 and $117,639.
| 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 $86,171. With less than 2 years of experience, a mid-level Cost Engineer II makes around $86,481. After 2-4 years, the Cost Engineer II pay rises to about $90,620. Those senior Cost Engineer II with 5-8 years of experience earn roughly $96,425, and those Cost Engineer II having 8 years or more experience are expected to earn about $96,840 on average.
| Levels | Salary |
|---|---|
| Entry Level Cost Engineer II | $86,171 |
| Intermediate Level Cost Engineer II | $86,481 |
| Senior Level Cost Engineer II | $90,620 |
| Specialist Level Cost Engineer II | $96,425 |
| Expert Level Cost Engineer II | $96,840 |
| Entry Level | 5% |
| Mid Level | 4% |
| Senior Level | 0% |
| Top Level | 7% |
| Experienced | 7% |
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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
|
$130,703 |
44%
|
|
Gathering Information
|
$107,104 |
18%
|
|
Cost Estimation
|
$99,843 |
10%
|
|
Consultancy
|
$98,935 |
9%
|
|
Budgeting
|
$98,028 |
8%
|
|
Alignment
|
$96,212 |
6%
|
