As of March 01, 2025, the average annual salary for a Cost Engineer IV in New Mexico is $120,324. Salary.com reports that pay typically ranges from $103,295 to $134,455, with most professionals earning between $87,792 and $147,321.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $145,830 | $12,152 | $2,804 | $70 |
| Average | $130,503 | $10,875 | $2,510 | $63 |
| 25th Percentile | $112,034 | $9,336 | $2,154 | $54 |
An entry-level Cost Engineer IV with under 1 year experience makes about $110,063. With less than 2 years of experience, a mid-level Cost Engineer IV makes around $111,318. After 2-4 years, the Cost Engineer IV pay rises to about $112,574. Those senior Cost Engineer IV with 5-8 years of experience earn roughly $117,094, and those Cost Engineer IV having 8 years or more experience are expected to earn about $124,059 on average.
| Levels | Salary |
|---|---|
| Entry Level Cost Engineer IV | $110,063 |
| Intermediate Level Cost Engineer IV | $111,318 |
| Senior Level Cost Engineer IV | $112,574 |
| Specialist Level Cost Engineer IV | $117,094 |
| Expert Level Cost Engineer IV | $124,059 |
| Entry Level | 16% |
| Mid Level | 15% |
| Senior Level | 14% |
| Top Level | 10% |
| Experienced | 5% |
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Cost Engineer IV salary varies from city to city. Compared with national average salary of Cost Engineer IV, the highest Cost Engineer IV salary is in San Francisco, CA, where the Cost Engineer IV salary is 25.0% above. The lowest Cost Engineer IV salary is in Miami, FL, where the Cost Engineer IV salary is 3.5% lower than national average salary.
| City, State | Price | Compared to national average |
|---|---|---|
| San Francisco, CA | $163,129 |
25.0%
|
| Washington, DC | $145,250 |
11.3%
|
| Miami, FL | $125,936 |
|
| Chicago, IL | $136,898 |
4.9%
|
| Boston, MA | $146,294 |
12.1%
|
| New York, NY | $152,428 |
16.8%
|
