Cost Engineer IV Salary in Norfolk, Virginia

Cost Engineer IV Salary in Norfolk, VA

How much does a Cost Engineer IV make in Norfolk, VA? The average Cost Engineer IV salary in Norfolk, VA is $121,599 as of August 27, 2024, but the range typically falls between $104,049 and $135,158. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. 

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Cost Engineer IV Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Cost Engineer IV Salary $88,070 Norfolk,VA August 27, 2024
25th Percentile Cost Engineer IV Salary $104,049 Norfolk,VA August 27, 2024
50th Percentile Cost Engineer IV Salary $121,599 Norfolk,VA August 27, 2024
75th Percentile Cost Engineer IV Salary $135,158 Norfolk,VA August 27, 2024
90th Percentile Cost Engineer IV Salary $147,503 Norfolk,VA August 27, 2024
25% $104,049 10% $88,070 90% $147,503 75% $135,158 $121,599 50%(Median) Didn’t find job title? Click
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Check out Cost Engineer IV Job Openings in Norfolk, Virginia

SITE RELIABILITY ENGINEER IV

VeriSign - Herndon, VA

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CLOUD COMPUTING ENGINEER IV

CACI International - Richmond, VA

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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.

See More Skills
Analysis 8.02%
Construction Accounting 2.78%
Health Care 1.54%
Others 87.66%
What skills can make your compensation higher?
Mastering certain skills can make the compensation of a Cost Engineer IV higher. Salary.com's Real-time Job Posting Salary Data provides you the latest highly compensated skills to help you get a higher pay. For example, if you master Project Management, you can get a 2% salary raise. If you are good at Planning, your salary will increase by 1%. If you are expert in Scheduling, your salary will rise by 1%.
Skill Salary Demand
Project Management
 $124,031
2%
Planning
 $122,815
1%
Scheduling
 $122,815
1%
Project Control
 $121,599
0%
Project Control
 $121,599
0%
Project Control
 $121,599
0%
Get Latest Data
Last Updated on August 27, 2024

What Should I Pay?

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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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Salary.com job board provides millions of Cost Engineer IV information for you to search for. Click on search button below to see Cost Engineer IV job openings or enter a new job title here.

Job Openings for Cost Engineer IV in Norfolk, VA
  • VeriSign - Herndon, VA
    Verisign helps enable the security, stability, and resiliency of the internet. We are a trusted provider of internet infrastructure services for the networ...
    - 1 Day Ago
  • CACI International - Richmond, VA
    Cloud Computing Engineer IVJob Category: Information TechnologyTime Type: Full timeMinimum Clearance Required to Start: Public TrustEmployee Type: RegularP...
    - 1 Day Ago
  • ID.me - McLean, VA
    Company OverviewID.me is a high-growth enterprise software company that simplifies how people prove and share their identity online.  The company empowers ...
    - 1 Day Ago
  • ID.me - McLean, VA
    Company OverviewID.me is a high-growth enterprise software company that simplifies how people prove and share their identity online.  The company empowers ...
    - 5 Days Ago
  • Blue Origin - Herndon, VA
    At Blue Origin, we envision millions of people living and working in space for the benefit of Earth. We’re working to develop reusable, safe, and low-cost ...
    - 1 Day Ago

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.

Cost Engineer IV
Planner/Scheduler V - Construction
EHR Project Manager, Sr.
Project Manager V
Program Manager
Project Management Supervisor
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Cost Engineer IV Pay Difference by Location

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 Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-3.5%
City, State Chicago, IL Compared to national average
+ 4.9%
City, State Boston, MA Compared to national average
+ 12.1%
City, State New York, NY Compared to national average
+ 16.8%
City, State Dallas, TX Compared to national average
-1.3%

Take just three simple steps below to generate your own personalized salary report

Step 1 of 3

Understand the total compensation opportunity for a Cost Engineer IV, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
104049
135158
121599

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
110265
143308
126946
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Cost Engineer IV in Norfolk, VA. The base salary for Cost Engineer IV ranges from $104,049 to $135,158 with the average base salary of $121,599. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $110,265 to $143,308 with the average total cash compensation of $126,946.
Step 2 of 3

Discover how your pay is adjusted for skills, experience, and other factors

How much should you be paid?

For a real-time salary target, tell us more about your role in the four categories below.

104049
135158

 

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How much should you be paid?

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About Norfolk, Virginia    According to the United States Census Bureau, the city has a total area of 96 square miles (250 km2), of which 54 square miles (140 km2) is land and 4....More

Norfolk, Virginia  area prices were up 1.2% from a year ago    View the Cost of Living in Norfolk, Virginia

Cost Engineer IV Salary in popular cities: Virginia Beach, Chesapeake, Richmond

Skills associated with Cost Engineer IV: Cost Estimation, Project Costing, Reading Blueprints/Diagrams, Cost Analysis ...More

Salary estimation for Cost Engineer IV at companies like : Quilt Local, New York Skeet Association, The Master's Holdings Inc