As of May 01, 2026, the average salary for a Value Engineer in Montclair, NJ is $118,584 per year, which breaks down to an hourly rate of $57.
However, a Value Engineer's salary can vary significantly. Here’s a look at the typical salary range:
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A Value Engineer's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, skills and company size can directly affect your earning potential.
Experience is a primary driver of a Value Engineer's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:
| Levels | Salary |
|---|---|
| Cost Engi... Level Value Engineer | $79,211 |
| Cost Engi... Level Value Engineer | $96,786 |
| Value Eng... Level Value Engineer | $121,685 |
| Cost Engi... Level Value Engineer | $147,674 |
| Cost Engi... Level Value Engineer | $174,012 |
What Am I Worth?
Demanded Skills for the Role:
| Skills | Demand Percentage |
|---|---|
| Analysis | 8.58% |
| Construction Accounting | 2.97% |
| KPI | 1.98% |
| Skill | Salary | Salary % Increase |
|---|---|---|
|
ERP Systems
|
$136,372 |
15%
|
|
Prototyping
|
$134,000 |
13%
|
|
Program Management
|
$132,814 |
12%
|
|
Risk Management
|
$131,628 |
11%
|
|
KPI
|
$131,628 |
11%
|
|
Collaboration
|
$130,443 |
10%
|
Understanding how a Value Engineer's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
Last Updated on May 01, 2026Ready to take the next step in your career? Browse thousands of current Value Engineer job openings on our job board. Use the search bar below to find your perfect match.
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