As of May 01, 2025, the average annual salary for a Cost Engineer V in Peabody, MA is $168,548. According to Salary.com, salaries can range from a low of $145,001 to a high of $200,921, with most professionals earning between $156,223 and $185,493.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $185,493 | $15,458 | $3,567 | $89 |
| Average | $168,548 | $14,046 | $3,241 | $81 |
| 25th Percentile | $156,223 | $13,019 | $3,004 | $75 |
An entry-level Cost Engineer V with under 1 year experience makes about $163,581. With less than 2 years of experience, a mid-level Cost Engineer V makes around $164,501. After 2-4 years, the Cost Engineer V pay rises to about $164,869. Those senior Cost Engineer V with 5-8 years of experience earn roughly $166,709, and those Cost Engineer V having 8 years or more experience are expected to earn about $168,180 on average.
| Levels | Salary |
|---|---|
| Entry Level Cost Engineer V | $163,581 |
| Intermediate Level Cost Engineer V | $164,501 |
| Senior Level Cost Engineer V | $164,869 |
| Specialist Level Cost Engineer V | $166,709 |
| Expert Level Cost Engineer V | $168,180 |
| Entry Level | 8% |
| Mid Level | 9% |
| Senior Level | 9% |
| Top Level | 10% |
| Experienced | 11% |
Not the salary data you are looking for? Choose the city salary you want to see.
Salary.com job board provides millions of Cost Engineer V information for you to search for. Click on search button below to see Cost Engineer V job openings or enter a new job title here.
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
|
$209,000 |
24%
|
|
Process Improvement
|
$190,459 |
13%
|
|
ERP Systems
|
$190,459 |
13%
|
|
Alignment
|
$188,774 |
12%
|
|
Risk Management
|
$188,774 |
12%
|
|
Program Management
|
$182,032 |
8%
|
