As of April 01, 2025, the average annual salary for a Cost Engineer V in Erie, PA is $140,486. According to Salary.com, salaries can range from a low of $108,881 to a high of $174,682, with most professionals earning between $123,943 and $158,385.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $173,916 | $14,493 | $3,345 | $84 |
| Average | $154,262 | $12,855 | $2,967 | $74 |
| 25th Percentile | $136,096 | $11,341 | $2,617 | $65 |
An entry-level Cost Engineer V with under 1 year experience makes about $132,059. With less than 2 years of experience, a mid-level Cost Engineer V makes around $133,303. After 2-4 years, the Cost Engineer V pay rises to about $133,800. Those senior Cost Engineer V with 5-8 years of experience earn roughly $136,288, and those Cost Engineer V having 8 years or more experience are expected to earn about $138,278 on average.
| Levels | Salary |
|---|---|
| Entry Level Cost Engineer V | $132,059 |
| Intermediate Level Cost Engineer V | $133,303 |
| Senior Level Cost Engineer V | $133,800 |
| Specialist Level Cost Engineer V | $136,288 |
| Expert Level Cost Engineer V | $138,278 |
| Entry Level | 14% |
| Mid Level | 14% |
| Senior Level | 13% |
| Top Level | 12% |
| Experienced | 10% |
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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.
Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
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.
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.
| Skill | Salary | Demand |
|---|---|---|
|
MRP
|
$174,203 |
24%
|
|
Process Improvement
|
$158,749 |
13%
|
|
ERP Systems
|
$158,749 |
13%
|
|
Alignment
|
$157,345 |
12%
|
|
Risk Management
|
$157,345 |
12%
|
|
Program Management
|
$151,725 |
8%
|
