As of March 01, 2025, the average annual salary for a Cost Engineer V in Virginia is $154,848. According to Salary.com, salaries can range from a low of $119,333 to a high of $193,483, with most professionals earning between $136,258 and $175,071.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $174,548 | $14,546 | $3,357 | $84 |
| Average | $154,385 | $12,865 | $2,969 | $74 |
| 25th Percentile | $135,851 | $11,321 | $2,613 | $65 |
An entry-level Cost Engineer V with under 1 year experience makes about $145,443. With less than 2 years of experience, a mid-level Cost Engineer V makes around $146,813. After 2-4 years, the Cost Engineer V pay rises to about $147,361. Those senior Cost Engineer V with 5-8 years of experience earn roughly $150,101, and those Cost Engineer V having 8 years or more experience are expected to earn about $152,292 on average.
| Levels | Salary |
|---|---|
| Entry Level Cost Engineer V | $145,443 |
| Intermediate Level Cost Engineer V | $146,813 |
| Senior Level Cost Engineer V | $147,361 |
| Specialist Level Cost Engineer V | $150,101 |
| Expert Level Cost Engineer V | $152,292 |
| Entry Level | 6% |
| Mid Level | 5% |
| Senior Level | 5% |
| Top Level | 3% |
| Experienced | 1% |
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Cost Engineer V salary varies from city to city. Compared with national average salary of Cost Engineer V, the highest Cost Engineer V salary is in San Francisco, CA, where the Cost Engineer V salary is 25.0% above. The lowest Cost Engineer V salary is in Miami, FL, where the Cost Engineer V salary is 3.5% lower than national average salary.
| City, State | Price | Compared to national average |
|---|---|---|
| San Francisco, CA | $192,981 |
25.0%
|
| Washington, DC | $171,831 |
11.3%
|
| Miami, FL | $148,982 |
|
| Chicago, IL | $161,950 |
4.9%
|
| Boston, MA | $173,066 |
12.1%
|
| New York, NY | $180,322 |
16.8%
|
