As of November 01, 2025, the average salary for a Cost Engineer IV in Chatom, AL is $119,057 per year, which breaks down to an hourly rate of $57.
However, a Cost Engineer IV's salary can vary significantly. Here’s a look at the typical salary range:
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Cost Engineer IV Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $125,962 | $10,497 | $2,422 | $61 |
| Average | $119,057 | $9,921 | $2,290 | $57 |
| 25th Percentile | $110,090 | $9,174 | $2,117 | $53 |
Threat Tec - Huntsville, AL
Millennium Corporation - Huntsville, AL
Lockheed Martin - Courtland, AL
AI Signal Research, Inc. (ASRI) - Huntsville, AL
A Cost Engineer IV'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 IV'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 IV | $114,248 |
| Intermediate Level Cost Engineer IV | $114,934 |
| Senior Level Cost Engineer IV | $115,621 |
| Specialist Level Cost Engineer IV | $118,092 |
| Expert Level Cost Engineer IV | $121,624 |
What Am I Worth?
Salaries can also vary between different cities, even within the same state. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different Alabama cities:
Demanded Skills for the Role:
| Skills | Demand Percentage |
|---|---|
| Analysis | 8.58% |
| Construction Accounting | 2.97% |
| KPI | 1.98% |
| Skill | Salary | Salary % Increase |
|---|---|---|
|
Injection Molding
|
$145,250 |
22%
|
|
Cost Estimation
|
$135,725 |
14%
|
|
CAD
|
$134,535 |
13%
|
|
Process Improvement
|
$129,772 |
9%
|
|
Consulting
|
$127,391 |
7%
|
|
Collaboration
|
$127,391 |
7%
|
Understanding how a Cost Engineer IV'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.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $125,962 | $10,497 | $2,422 | $61 |
| Average | $119,057 | $9,921 | $2,290 | $57 |
| 25th Percentile | $110,090 | $9,174 | $2,117 | $53 |
Ready to take the next step in your career? Browse thousands of current Cost Engineer IV job openings on our job board. Use the search bar below to find your perfect match.
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