The salary of a Cost Estimation Engineer IV in the United States varies depending on several factors, including experience, location, education level, marketing trend and company sizes.
As of March 01, 2025, the average annual salary for a Cost Estimation Engineer IV in the United States is $139,286. Salary.com reports that pay typically ranges from $129,622 to $149,852, with most professionals earning between $120,823 and $159,472.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $149,852 | $12,488 | $2,882 | $72 |
| Average | $139,286 | $11,607 | $2,679 | $67 |
| 25th Percentile | $129,622 | $10,802 | $2,493 | $62 |
An entry-level Cost Estimation Engineer IV with less than 1 year of experience earns about $134,238. With 1-2 years of experience, the average salary increases to $134,959. For 2-4 years of experience, the pay typically rises to $136,113. Senior-level professionals with 5-8 years of experience earn around $137,844, and those with over 8 years of experience can expect an average of $140,390.
| Levels | Salary |
|---|---|
| Entry Level Cost Estimation Engineer IV | $134,238 |
| Intermediate Level Cost Estimation Engineer IV | $134,959 |
| Senior Level Cost Estimation Engineer IV | $136,113 |
| Specialist Level Cost Estimation Engineer IV | $137,844 |
| Expert Level Cost Estimation Engineer IV | $140,390 |
| Entry Level | 4% |
| Mid Level | 3% |
| Senior Level | 2% |
| Top Level | 1% |
| Experienced | 1% |
Salaries in the United States differ widely between states due to factors like cost of living, local economies, and industry presence.
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Salaries in the United States can vary greatly between cities due to factors like cost of living, local economies, and industry presence.
As of March 01, 2025, our research reveals a significant shift in Cost Estimation Engineer IV compensation over the past six years. For example, the median salary increased from $121,221 in 2023 to approximately $121,773 in 2024. (For a detailed analysis of Cost Estimation Engineer IV salary trends, click here.)
Key factors like location, experience, industry demand, and economic growth significantly influence salary variations, making them important to consider.
Salary.com job board provides millions of Cost Estimation Engineer IV information for you to search for. Click on search button below to see Cost Estimation Engineer IV job openings or enter a new job title here.
Here are companies hiring for Cost Estimation Engineer IV and their salaries, click below for more details.
| Core Compensation | ||||
| Core Compensation | Median | % of Total | ||
| Base Salary | $139,286 | 72.7% | ||
| Bonus | $0 | 0.0% | ||
| Value of Benefits | ||||
| Core Compensation | Median | % of Total | ||
| Social Security | $10,655 | 5.6% | ||
| 401K/403B | $5,850 | 3.1% | ||
| Disability | $2,786 | 1.5% | ||
| Healthcare | $8,352 | 4.4% | ||
| Pension | $7,521 | 3.9% | ||
| Time Off | $17,143 | 8.9% | ||
| Total Compensation | $191,594 | 100% | ||
The average annual salary of Cost Estimation Engineer IV is $139,286. In case you are finding an easy salary calculator, the average hourly pay of Cost Estimation Engineer IV is $67; the average weekly pay of Cost Estimation Engineer IV is $2,679; the average monthly pay of Cost Estimation Engineer IV is $11,607.
A Cost Estimation Engineer IV's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer. According to the latest salary data by Salary.com, a Cost Estimation Engineer IV earns the most in San Jose, CA, where the annual salary of a Cost Estimation Engineer IV is $174,804.
The highest pay for Cost Estimation Engineer IV is $159,472.
The lowest pay for Cost Estimation Engineer IV is $120,823.
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. 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. Coordinates with project management, engineering, procurement and other project stakeholders. Requires a bachelor's degree. Typically reports to a manager. Work is highly independent. May assume a team lead role for the work group. A specialist on complex technical and business matters. Typically requires 7+ years of related experience.
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