As of April 01, 2025, the average annual salary for a Cost Engineer V in Virginia is $155,342. According to Salary.com, salaries can range from a low of $120,394 to a high of $193,153, with most professionals earning between $137,049 and $175,134.
| 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 $146,023. With less than 2 years of experience, a mid-level Cost Engineer V makes around $147,399. After 2-4 years, the Cost Engineer V pay rises to about $147,949. Those senior Cost Engineer V with 5-8 years of experience earn roughly $150,699, and those Cost Engineer V having 8 years or more experience are expected to earn about $152,900 on average.
| Levels | Salary |
|---|---|
| Entry Level Cost Engineer V | $146,023 |
| Intermediate Level Cost Engineer V | $147,399 |
| Senior Level Cost Engineer V | $147,949 |
| Specialist Level Cost Engineer V | $150,699 |
| Expert Level Cost Engineer V | $152,900 |
| Entry Level | 5% |
| Mid Level | 4% |
| Senior Level | 4% |
| Top Level | 2% |
| 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 24.9% above. The lowest Cost Engineer V salary is in Miami, FL, where the Cost Engineer V salary is 3.9% lower than national average salary.
| City, State | Price | Compared to national average |
|---|---|---|
| San Francisco, CA | $192,658 |
24.9%
|
| Washington, DC | $170,799 |
10.7%
|
| Miami, FL | $148,215 |
|
| Chicago, IL | $159,414 |
3.3%
|
| Boston, MA | $172,048 |
11.5%
|
| New York, NY | $178,774 |
15.9%
|
