As of March 01, 2025, the average annual salary for a Cost Engineer III in Portsmouth, VA is $101,306. Salary.com reports that pay typically ranges from $92,639 to $111,691, with most professionals earning between $84,749 and $121,147.
| 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 $97,425. With less than 2 years of experience, a mid-level Cost Engineer III makes around $98,072. After 2-4 years, the Cost Engineer III pay rises to about $99,365. Those senior Cost Engineer III with 5-8 years of experience earn roughly $104,406, and those Cost Engineer III having 8 years or more experience are expected to earn about $107,196 on average.
| Levels | Salary |
|---|---|
| Entry Level Cost Engineer III | $97,425 |
| Intermediate Level Cost Engineer III | $98,072 |
| Senior Level Cost Engineer III | $99,365 |
| Specialist Level Cost Engineer III | $104,406 |
| Expert Level Cost Engineer III | $107,196 |
| Entry Level | 9% |
| Mid Level | 9% |
| Senior Level | 8% |
| Top Level | 3% |
| Experienced | 0% |
Not the salary data you are looking for? Choose the city salary you want to see.
Salary.com job board provides millions of Cost Engineer III information for you to search for. Click on search button below to see Cost Engineer III job openings or enter a new job title here.
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
|
$116,501 |
15%
|
|
Prototyping
|
$114,475 |
13%
|
|
Program Management
|
$113,462 |
12%
|
|
Risk Management
|
$112,449 |
11%
|
|
KPI
|
$112,449 |
11%
|
|
Collaboration
|
$111,436 |
10%
|
