As of April 01, 2025, the average annual salary for a Cost Engineer III in New Mexico is $99,606. Salary.com reports that pay typically ranges from $91,085 to $109,818, with most professionals earning between $83,327 and $119,115.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $118,568 | $9,881 | $2,280 | $57 |
| Average | $107,543 | $8,962 | $2,068 | $52 |
| 25th Percentile | $98,343 | $8,195 | $1,891 | $47 |
An entry-level Cost Engineer III with under 1 year experience makes about $95,791. With less than 2 years of experience, a mid-level Cost Engineer III makes around $96,427. After 2-4 years, the Cost Engineer III pay rises to about $97,699. Those senior Cost Engineer III with 5-8 years of experience earn roughly $102,654, and those Cost Engineer III having 8 years or more experience are expected to earn about $105,398 on average.
| Levels | Salary |
|---|---|
| Entry Level Cost Engineer III | $95,791 |
| Intermediate Level Cost Engineer III | $96,427 |
| Senior Level Cost Engineer III | $97,699 |
| Specialist Level Cost Engineer III | $102,654 |
| Expert Level Cost Engineer III | $105,398 |
| Entry Level | 11% |
| Mid Level | 10% |
| Senior Level | 9% |
| Top Level | 5% |
| Experienced | 2% |
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Cost Engineer III salary varies from city to city. Compared with national average salary of Cost Engineer III, the highest Cost Engineer III salary is in San Francisco, CA, where the Cost Engineer III salary is 24.9% above. The lowest Cost Engineer III salary is in Miami, FL, where the Cost Engineer III salary is 3.9% lower than national average salary.
| City, State | Price | Compared to national average |
|---|---|---|
| San Francisco, CA | $134,310 |
24.9%
|
| Washington, DC | $119,072 |
10.7%
|
| Miami, FL | $103,327 |
|
| Chicago, IL | $111,135 |
3.3%
|
| Boston, MA | $119,943 |
11.5%
|
| New York, NY | $124,632 |
15.9%
|
