How much does a Cost Estimation Engineer III make in Nashville, TN? The average Cost Estimation Engineer III salary in Nashville, TN is $97,792 as of February 26, 2024, but the range typically falls between $85,750 and $112,580. 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 III Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Cost Estimation Engineer III Salary $74,787 Nashville,TN February 26, 2024
25th Percentile Cost Estimation Engineer III Salary $85,750 Nashville,TN February 26, 2024
50th Percentile Cost Estimation Engineer III Salary $97,792 Nashville,TN February 26, 2024
75th Percentile Cost Estimation Engineer III Salary $112,580 Nashville,TN February 26, 2024
90th Percentile Cost Estimation Engineer III Salary $126,044 Nashville,TN February 26, 2024
25% $85,750 10% $74,787 90% $126,044 75% $112,580 $97,792 50%(Median) Didn’t find job title? Click
Change Search Criteria

What skills does a Cost Estimation Engineer III 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.

Experimenting: a test or investigation, esp one planned to provide evidence for or against a hypothesis: a scientific experiment.

2.

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.

3.

New Product Development: In business and engineering, new product development (NPD) covers the complete process of bringing a new product to market. A central aspect of NPD is product design, along with various business considerations. New product development is described broadly as the transformation of a market opportunity into a product available for sale. The product can be tangible (something physical which one can touch) or intangible (like a service, experience, or belief), though sometimes services and other processes are distinguished from "products." NPD requires an understanding of customer needs and wants, the competitive environment, and the nature of the market. Cost, time and quality are the main variables that drive customer needs. Aiming at these three variables, innovative companies develop continuous practices and strategies to better satisfy customer requirements and to increase their own market share by a regular development of new products. There are many uncertainties and challenges which companies must face throughout the process. The use of best practices and the elimination of barriers to communication are the main concerns for the management of the NPD .[citation needed]

Experimenting 12.5%
Health Care 12.5%
New Product Development 12.5%
Others 62.5%

Job Description for Cost Estimation Engineer III

Cost Estimation Engineer III estimates costs for construction, engineering, manufacturing, or other implementation projects based on an analysis of project technical requirements. Collects data and analyzes all project costs, including raw materials, labor, equipment and tooling to ensure estimates are accurate. Being a Cost Estimation Engineer III 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 III coordinates with project management, engineering, procurement and other project stakeholders. Requires a bachelor's degree. Typically reports to a manager. The Cost Estimation Engineer III work is generally independent and collaborative in nature. Contributes to moderately complex aspects of a project. To be a Cost Estimation Engineer III typically requires 4-7 years of related experience. (Copyright 2024 Salary.com)... View full job description

Employers: Job Description Management Tool

See user submitted job responsibilities for Cost Estimation Engineer III.

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

Job Openings for Cost Estimation Engineer III in Nashville, TN

Career Path for Cost Estimation Engineer III

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Cost Estimation Engineer III, the upper level is Cost Estimation Engineer IV and then progresses to Cost Estimation Engineer V.

Not the job you're looking for? Search more salaries here:
See if your skills match up? Check skills for Cost Estimation Engineer III

Are you an HR manager or compensation specialist?

Salary.com's CompAnalyst platform offers:

  • Detailed skills and competency reports for specific positions
  • Job and employee pricing reports
  • Compensation data tools, salary structures, surveys and benchmarks.
Learn about CompAnalyst

Cost Estimation Engineer III salary varies from city to city. Compared with national average salary of Cost Estimation Engineer III, the highest Cost Estimation Engineer III salary is in San Francisco, CA, where the Cost Estimation Engineer III salary is 25.0% above. The lowest Cost Estimation Engineer III salary is in Miami, FL, where the Cost Estimation Engineer III salary is 2.9% lower than national average salary.

City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-2.9%
City, State Chicago, IL Compared to national average
+ 5.5%
City, State Boston, MA Compared to national average
+ 12.7%
City, State New York, NY Compared to national average
+ 17.5%
City, State Dallas, TX Compared to national average
-0.7%

Take just three simple steps below to generate your own personalized salary report

Step 1 of 3

Understand the total compensation opportunity for a Cost Estimation Engineer III, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
85750
112580
97792

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
88155
118542
100745
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Cost Estimation Engineer III in Nashville, TN. The base salary for Cost Estimation Engineer III ranges from $85,750 to $112,580 with the average base salary of $97,792. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $88,155 to $118,542 with the average total cash compensation of $100,745.
Similar Job Titles:
Step 2 of 3

Discover how your pay is adjusted for skills, experience, and other factors

How much should you be paid?

For a real-time salary target, tell us more about your role in the four categories below.

85750
112580

 

Step 3 of 3

How much should you be paid?

About Nashville, Tennessee    Nashville is the capital and most populous city of the U.S. state of Tennessee. The city is the county seat of Davidson County and is located on the C....More

Nashville, Tennessee  area prices were up 1.3% from a year ago    View the Cost of Living in Nashville, Tennessee

Cost Estimation Engineer III Salary in popular cities: MemphisKnoxvilleChattanooga

Skills associated with Cost Estimation Engineer III: Make To Order, Construction Estimating Software, Specification Review, Cost Analysis ...More

Recently searched related titles: IT Solution Designer

Salary estimation for Cost Estimation Engineer III at companies like : robert c banks Co, Portuguese American Society of SW Florida, Reciprocity Health Inc

Jobs with a similar salary range to Cost Estimation Engineer III : Image Scientist