As of November 01, 2025, the average salary for a Cost Engineer V in Hanscom Afb, MA is $170,065 per year, which breaks down to an hourly rate of $82.
However, a Cost Engineer V's salary can vary significantly. Here’s a look at the typical salary range:
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A Cost Engineer V'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, skills and company size can directly affect your earning potential.
Experience is a primary driver of a Cost Engineer V'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 V | $166,597 |
| Intermediate Level Cost Engineer V | $167,238 |
| Senior Level Cost Engineer V | $167,494 |
| Specialist Level Cost Engineer V | $168,774 |
| Expert Level Cost Engineer V | $169,798 |
What Am I Worth?
Demanded Skills for the Role:
| Skills | Demand Percentage |
|---|---|
| Analysis | 8.58% |
| Construction Accounting | 2.97% |
| KPI | 1.98% |
| Skill | Salary | Salary % Increase |
|---|---|---|
|
MRP
|
$210,881 |
24%
|
|
Process Improvement
|
$192,174 |
13%
|
|
ERP Systems
|
$192,174 |
13%
|
|
Alignment
|
$190,473 |
12%
|
|
Risk Management
|
$190,473 |
12%
|
|
Program Management
|
$183,671 |
8%
|
Understanding how a Cost Engineer V'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.
Last Updated on November 01, 2025Ready to take the next step in your career? Browse thousands of current Cost Engineer V job openings on our job board. Use the search bar below to find your perfect match.
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