How much does a Cost Estimation Engineer I make in the United States? The average Cost Estimation Engineer I salary in the United States is $69,080 as of April 26, 2022, but the range typically falls between $63,015 and $77,001. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Cost Estimation Engineer I estimates costs for engineering projects based on an analysis of project technical requirements. Collects and analyzes all project costs, including raw materials, labor, equipment and tooling to ensure estimates are accurate. Being a Cost Estimation Engineer I identifies and quantifies potential cost uncertainties to ensure costing models capture the full range of potential costs. Updates costs as necessary based on new information and project scope changes. Additionally, Cost Estimation Engineer I requires interface with project management, engineering, and procurement departments. Requires a bachelor's degree. Typically reports to a manager. The Cost Estimation Engineer I work is closely managed. Works on projects/matters of limited complexity in a support role. To be a Cost Estimation Engineer I typically requires 0-2 years of related experience. (Copyright 2022 Salary.com)... View full job description
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These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Cost Estimation Engineer I in the United States. The base salary for Cost Estimation Engineer I ranges from $63,015 to $77,001 with the average base salary of $69,080. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $64,536 to $80,038 with the average total cash compensation of $70,983.