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How much does a Cost Estimation Engineer II make?

As of November 01, 2024, the average annual pay of Cost Estimation Engineer II in Columbia, MO is $83,059. While Salary.com is seeing that Cost Estimation Engineer II salary in Columbia, MO can go up to $107,641 or down to $64,880, but most earn between $73,543 and $95,926. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Cost Estimation Engineer II in the United States.

Cost Estimation Engineer II Salaries by Percentile
Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $98,893 $8,241 $1,902 $48
Average $85,628 $7,136 $1,647 $41
25th Percentile $75,818 $6,318 $1,458 $36

Average Salary

25% $73,543 10% $64,880 90% $107,641 75% $95,926 $83,059 50%(Median) Didn’t find job title? Click
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How much does a Cost Estimation Engineer II make?

As of November 01, 2024, the average annual pay of Cost Estimation Engineer II in Columbia, MO is $83,059. While Salary.com is seeing that Cost Estimation Engineer II salary in Columbia, MO can go up to $107,641 or down to $64,880, but most earn between $73,543 and $95,926. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Cost Estimation Engineer II in the United States.

View Cost Estimation Engineer II Salary by Hour, Week, Month, Year

Salary.com provides you with accurate and diversified Cost Estimation Engineer II salary data based on specialized databases to help you get a fairer salary. Click the switch button below to see more details about Cost Estimation Engineer II hourly pay, weekly pay, monthly pay and so on.

Last Updated on November 01, 2024
Last Updated on November 01, 2024
Levels Salary
Entry Level Cost Estimation Engineer II $79,724
Intermediate Level Cost Estimation Engineer II $80,007
Senior Level Cost Estimation Engineer II $83,797
Specialist Level Cost Estimation Engineer II $89,162
Expert Level Cost Estimation Engineer II $89,545
$79,724 0 yr
$80,007 < 2 yrs
$83,797 2-4 yrs
$89,162 5-8 yrs
$89,545 > 8 yrs
Last Updated on November 01, 2024
Entry Level 7%
Mid Level 7%
Senior Level 2%
Top Level 4%
Experienced 5%
View as graph
Last Updated on November 01, 2024

Job Openings of Cost Estimation Engineer II

Salary.com job board provides millions of Cost Estimation Engineer II information for you to search for. Click on search button below to see Cost Estimation Engineer II job openings or enter a new job title here.

Cost of Living In Columbia, MO

Cost of Living in Columbia , MO is
-3.7% Lower
than the National Average
Use Salary.com's Cost of Living Calculator to find out what income you need to maintain your standard of living in a different city and how much more or less money you need to budget for basic expenses.

Best-Paid Skills and Qualifications for Cost Estimation Engineer II

What skills does a Cost Estimation Engineer II need?

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.

1.

Project Management: Project management is the application of processes, methods, skills, knowledge and experience to achieve specific project objectives according to the project acceptance criteria within agreed parameters. Project management has final deliverables that are constrained to a finite timescale and budget.

2.

Value Engineering: Value engineering (VE) is a systematic method to improve the "value" of goods or products and services by using an examination of function. Value, as defined, is the ratio of function to cost. Value can therefore be manipulated by either improving the function or reducing the cost. It is a primary tenet of value engineering that basic functions be preserved and not be reduced as a consequence of pursuing value improvements. The term "value management" is sometimes used as a synonym of "value engineering", and both promote the planning and delivery of projects with improved performance The reasoning behind value engineering is as follows: if marketers expect a product to become practically or stylistically obsolete within a specific length of time, they can design it to only last for that specific lifetime. The products could be built with higher-grade components, but with value engineering they are not because this would impose an unnecessary cost on the manufacturer, and to a limited extent also an increased cost on the purchaser. Value engineering will reduce these costs. A company will typically use the least expensive components that satisfy the product's lifetime projections.

3.

HVAC: Designing, developing, maintaining, and updating Heating, Ventilation, Air-conditioning and Cooling system.

Project Management 4.98%
Value Engineering 1.65%
HVAC 1.03%
Others 92.34%
View as Table
What skills can make your compensation higher?
Mastering certain skills can make the compensation of a Cost Estimation Engineer II higher. Salary.com's Real-time Job Posting Salary Data provides you the latest highly compensated skills to help you get a higher pay. For example, if you master Consulting, you can get a 5% salary raise. If you are good at Procurement, your salary will increase by 3%. If you are expert in HVAC, your salary will rise by 3%.
Skill Salary Demand
Consulting
$87,212
5%
Procurement
$85,551
3%
HVAC
$85,551
3%
RFP
$85,551
3%
Coordination
$84,720
2%
Integrity
$84,720
2%
Last Updated on November 01, 2024

About Our Data

Salary.com salary estimates, histograms, trends, and comparisons are derived from both employer job postings and third-party data sources. We also provide multiple percentiles of salary information for your reference, click here to know Why the Salary Midpoint Formula Is Crucial to Getting Pay Equity Right. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

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The average salary for a Cost Estimation Engineer II is $83,059 per year in Columbia, MO, updated at November 01, 2024.
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