As of November 01, 2025, the average salary for a Cost Engineer III in Wayland, MA is $120,994 per year, which breaks down to an hourly rate of $58.
However, a Cost Engineer III's salary can vary significantly. Here’s a look at the typical salary range:
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A Cost Engineer III's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, skills and company size can directly affect your earning potential.
Experience is a primary driver of a Cost Engineer III's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here’s how the average salary grows at different career stages:
| Levels | Salary |
|---|---|
| Entry Level Cost Engineer III | $115,147 |
| Intermediate Level Cost Engineer III | $116,124 |
| Senior Level Cost Engineer III | $118,078 |
| Specialist Level Cost Engineer III | $124,108 |
| Expert Level Cost Engineer III | $126,896 |
What Am I Worth?
Demanded Skills for the Role:
| Skills | Demand Percentage |
|---|---|
| Analysis | 8.58% |
| Construction Accounting | 2.97% |
| KPI | 1.98% |
| Skill | Salary | Salary % Increase |
|---|---|---|
|
ERP Systems
|
$139,143 |
15%
|
|
Prototyping
|
$136,723 |
13%
|
|
Program Management
|
$135,513 |
12%
|
|
Risk Management
|
$134,303 |
11%
|
|
KPI
|
$134,303 |
11%
|
|
Collaboration
|
$133,093 |
10%
|
Understanding how a Cost Engineer III's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
Last Updated on November 01, 2025Ready to take the next step in your career? Browse thousands of current Cost Engineer III job openings on our job board. Use the search bar below to find your perfect match.
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