How much does a Cost Engineer IV make in New Jersey? The average Cost Engineer IV salary in New Jersey is $140,100 as of April 24, 2024, but the range typically falls between $119,880 and $155,721. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.

Cost Engineer IV Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Cost Engineer IV Salary $101,471 NJ April 24, 2024
25th Percentile Cost Engineer IV Salary $119,880 NJ April 24, 2024
50th Percentile Cost Engineer IV Salary $140,100 NJ April 24, 2024
75th Percentile Cost Engineer IV Salary $155,721 NJ April 24, 2024
90th Percentile Cost Engineer IV Salary $169,944 NJ April 24, 2024
25% $119,880 10% $101,471 90% $169,944 75% $155,721 $140,100 50%(Median) Didn’t find job title? Click
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What skills does a Cost Engineer IV need?

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.

1.

Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.

2.

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.

3.

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.

Analysis 8.02%
Construction Accounting 2.78%
Health Care 1.54%
Others 87.66%

Job Description for Cost Engineer IV

Cost Engineer IV develops and implements cost control procedures, documents, and tools to support and enhance project budget management. Collects and coordinates procurement and other cost information used to develop cost forecasting, cost control strategies, and project risk analysis. Being a Cost Engineer IV performs data analysis to identify project trends and budget deviations and highlight cost underruns and overruns. Has extensive technical knowledge of processes and materials specific to the type of project. Additionally, Cost Engineer IV experienced with the cost-estimating methods best suited to the nature of the project. Requires a bachelor's degree. Typically reports to a supervisor or manager. The Cost Engineer IV work is highly independent. May assume a team lead role for the work group. A specialist on complex technical and business matters. To be a Cost Engineer IV typically requires 7+ years of related experience. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Cost Engineer IV in New Jersey
  • We are hiring for multiple Senior Software Engineer IV on a multi year Federal Program serving the US Navy in Moorestown, NJ. 100% onsite Work. No Remote W...
    - 3 Days Ago
  • Immediate need for a talented. Engineer IV. This is a. 06+ Months Contract. opportunity with long-term potential and is located in. Mays Landing, NJ (Onsit...
    - 2 Days Ago
  • HYBRID. Job Responsibilities. Cash flow management and project forecasting. Cost per unit (CPU) analysis and quantity tracking and forecasting. Variance re...
    - 3 Days Ago
  • Job Title. Mechanical Cost Out Engineer. Location. Minden, NV (Day 1 onsite). Duration: Fulltime. Job Description. 1. Conduct cost comparisons and feasibil...
    - 3 Days Ago
  • Position Summary. PMA is currently seeking a Project Cost Engineer for an exclusive assignment to work on a portfolio of high-profile utility projects. Thi...
    - 3 Days Ago

Select a city to view specific salary and bonus information for Cost Engineer IV

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Location Avg. Salary Date Updated
Location Bayonne, NJ Avg. Salary $144,446 Date Updated April 24, 2024
Location Bergenfield, NJ Avg. Salary $147,002 Date Updated April 24, 2024
Location Bloomfield, NJ Avg. Salary $147,130 Date Updated April 24, 2024
Location East Brunswick, NJ Avg. Salary $144,318 Date Updated April 24, 2024
Location Hoboken, NJ Avg. Salary $149,303 Date Updated April 24, 2024
Location Irvington, NJ Avg. Salary $144,446 Date Updated April 24, 2024
Location Lakewood, NJ Avg. Salary $142,273 Date Updated April 24, 2024
Location Middlesex, NJ Avg. Salary $143,423 Date Updated April 24, 2024
Location Passaic, NJ Avg. Salary $147,130 Date Updated April 24, 2024
Location Union, NJ Avg. Salary $144,446 Date Updated April 24, 2024

Career Path for Cost Engineer IV

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Cost Engineer IV, the first career path typically progresses to Planner/Scheduler V - Construction.

The second career path typically progresses to EHR Project Manager, Sr..

The third career path typically starts with a Project Manager V position, and then progresses to Project Management Supervisor.

Additionally, the fourth career path typically progresses to Program Manager.

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Cost Engineer IV Salary in New Jersey
Cost Engineer IV Salary Graph, Regional Distribution and Summary