As of November 01, 2025, the average salary for a Cost Engineer IV in Florida is $124,725 per year, which breaks down to an hourly rate of $60.
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 | $131,959 | $10,997 | $2,538 | $63 |
| Average | $124,725 | $10,394 | $2,399 | $60 |
| 25th Percentile | $115,331 | $9,611 | $2,218 | $55 |
Lockheed Martin - Cape Canaveral, FL
Northrop Grumman - Melbourne, FL
L3Harris Technologies - Palm Bay, FL
Northrop Grumman - Melbourne, FL
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 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 | $119,687 |
| Intermediate Level Cost Engineer IV | $120,406 |
| Senior Level Cost Engineer IV | $121,125 |
| Specialist Level Cost Engineer IV | $123,714 |
| Expert Level Cost Engineer IV | $127,414 |
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 Florida cities:
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 | $131,959 | $10,997 | $2,538 | $63 |
| Average | $124,725 | $10,394 | $2,399 | $60 |
| 25th Percentile | $115,331 | $9,611 | $2,218 | $55 |
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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Salary.com salary estimates, histograms, trends, and comparisons are derived from both employer job postings and third-party data sources. We also provide multiple percentiles of salary information for your reference, click here to know Why the Salary Midpoint Formula Is Crucial to Getting Pay Equity Right. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
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