As of April 01, 2025, the average annual salary for a Cost Engineer III in Houston, TX is $107,349. Salary.com reports that pay typically ranges from $98,166 to $118,355, with most professionals earning between $89,805 and $128,374.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $118,355 | $9,863 | $2,276 | $57 |
| Average | $107,349 | $8,946 | $2,064 | $52 |
| 25th Percentile | $98,166 | $8,180 | $1,888 | $47 |
An entry-level Cost Engineer III with under 1 year experience makes about $103,237. With less than 2 years of experience, a mid-level Cost Engineer III makes around $103,923. After 2-4 years, the Cost Engineer III pay rises to about $105,293. Those senior Cost Engineer III with 5-8 years of experience earn roughly $110,635, and those Cost Engineer III having 8 years or more experience are expected to earn about $113,591 on average.
| Levels | Salary |
|---|---|
| Entry Level Cost Engineer III | $103,237 |
| Intermediate Level Cost Engineer III | $103,923 |
| Senior Level Cost Engineer III | $105,293 |
| Specialist Level Cost Engineer III | $110,635 |
| Expert Level Cost Engineer III | $113,591 |
| Entry Level | 4% |
| Mid Level | 3% |
| Senior Level | 2% |
| Top Level | 3% |
| Experienced | 6% |
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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 |
|---|---|---|
|
ERP Systems
|
$123,452 |
15%
|
|
Prototyping
|
$121,305 |
13%
|
|
Program Management
|
$120,231 |
12%
|
|
Risk Management
|
$119,158 |
11%
|
|
KPI
|
$119,158 |
11%
|
|
Collaboration
|
$118,084 |
10%
|
