Cost Engineering Salary in Carmel, CA

How much does a Cost Engineering make in Carmel, CA?

As of September 01, 2026, the average salary for a Cost Engineering in Carmel, CA is $80,381 per year, which breaks down to an hourly rate of $39.

However, a Cost Engineering's salary can vary significantly. Here’s a look at the typical salary range:

  • Top Earners (90th percentile): $93,873
  • Majority Range (25th-75th percentile): $73,121 to $87,443
  • Entry-Level (10th percentile): $66,510
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View as table View as graph 25% $73,121 10% $66,510 90% $93,873 75% $87,443 $80,381 50%(Median) Didn’t find job title? Click

Cost Engineering Salaries by Percentile

Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $87,443 $7,287 $1,682 $42
Average $80,381 $6,698 $1,546 $39
25th Percentile $73,121 $6,093 $1,406 $35
Check out Cost Engineering Job Openings in Carmel, CA
Restaurant Server Bartender

Nami Restaurant, SUR at the Barnyard, Pangaea on Ocean Ave - Carmel, CA

Busser Expo Food Runner

Pangaea on Ocean Ave, SUR at the Barnyard, NAMI Monterey - Carmel, CA

Customer Relations Floor Lead Host

Sur at The Barnyard, Pangaea on Ocean Ave & Nami Restaurant - Carmel, CA

Housekeeper

Stilwell Hotel - Carmel, CA

Search More Cost Engineering Jobs in Carmel, CA

Key Factors That Influence Cost Engineering Salaries

A Cost Engineering'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.

How Experience Level Affects Cost Engineering Salaries?

Experience is a primary driver of a Cost Engineering'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:

  • Entry-Level (less than 1 year): $80,886
  • Early Career (1-2 years): $103,768
  • Mid-Level (2-4 years): $116,836
  • Senior-Level (5-8 years): $154,937
  • Expert (over 8 years): $182,875
Levels Salary
Cost Engi... Level Cost Engineering$80,886
Cost Esti... Level Cost Engineering$103,768
Cost Esti... Level Cost Engineering$116,836
Cost Esti... Level Cost Engineering$154,937
Cost Esti... Level Cost Engineering$182,875
$80,886 0 yr
$103,768 < 2 yrs
$116,836 2-4 yrs
$154,937 5-8 yrs
$182,875 > 8 yrs
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What Am I Worth?

Top Paying Cities for Cost Engineerings

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

  • San Jose: $92,179
  • San Francisco: $91,170
  • Oakland: $89,249

What Skills Can Increase a Cost Engineering's Salary?

Demanded Skills for the Role:

  • Project Management (Mentioned in 6.42% Job Postings): 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.
  • Value Engineering (Mentioned in 1.6% Job Postings): 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.
  • AutoCAD (Mentioned in 1.25% Job Postings): AutoCAD is a commercial computer-aided design and drafting software application. Developed and marketed by Autodesk, AutoCAD was first released in December 1982 as a desktop app running on microcomputers with internal graphics controllers.
See More Skills
Skills Demand Percentage
Project Management 6.42%
Value Engineering 1.6%
AutoCAD 1.25%
What skills can make your compensation higher?
Mastering certain specialized skills can lead to a significant increase in pay. Here are examples of skills and the potential impact they can have on a Cost Engineering's salary.
  • Budgeting: Can increase your salary by up to 7%.
  • Data Analysis: Can increase your salary by up to 5%.
  • Value Engineering: Can increase your salary by up to 5%.
Skill Salary Salary % Increase
Budgeting
$86,008
7%
Data Analysis
$84,401
5%
Value Engineering
$84,401
5%
Leadership
$83,597
4%
Commitment
$83,597
4%
Scheduling
$82,793
3%
Get Latest Data

Cost Engineering Salary by Industry: Top Paying Sectors

For Cost Engineering roles, the industry you choose can affect earning potential by as much as 45% (the gap between the highest and lowest paying industries). Data shows that the Biotechnology and Pharmaceuticals sectors offer the strongest compensation, at 20% above the average. In contrast, Cost Engineering positions in Edu., Gov't. & Nonprofit or Retail & Wholesale typically offer lower base pay, as these industries often view Cost Engineering as a support function rather than a direct revenue driver.

The top paying industries for a Cost Engineering

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Biotechnology$96,458$46.020%
Pharmaceuticals$96,458$46.020%
Financial Services$92,439$44.015%
Insurance$92,439$44.015%
Software & Networking$92,439$44.015%

Cost Engineering Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Cost Engineering'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 September 01, 2026

Find Your Next Cost Engineering Job

Ready to take the next step in your career? Browse thousands of current Cost Engineering job openings on our job board. Use the search bar below to find your perfect match.

United States
  • The Santa Lucia Preserve

    Carmel, CA

    The Santa Lucia Preserve | Carmel, CA

    The Santa Lucia Preserve is a private community dedicated to appreciating and respecting the area's natural beauty, geography, history, and cultural settin... more

    3 Days Ago

  • Carmel Realty Company

    Carmel, CA

    Carmel Realty Company | Carmel, CA

    Residential & Commercial Portfolio Manager. Carmel Realty Company is currently searching for a full-time Commercial & Residential Portfolio Manager to help... more

    4 Days Ago

  • Carmel Realty Company

    Carmel, CA

    Carmel Realty Company | Carmel, CA

    Carmel Realty Company is currently searching for a full-time Estate Services Coordinator and team member to help manage the client experience of visiting o... more

    5 Days Ago

  • Carmel Realty Company

    Carmel, CA

    Carmel Realty Company | Carmel, CA

    ESTATE SERVICES PROPERTY MANAGER. Carmel Realty Company is currently searching for a full-time Estate Services Property Manager and team member to help man... more

    5 Days Ago

  • Carmel Realty Company

    Carmel, CA

    Carmel Realty Company | Carmel, CA

    Carmel Realty Company Property Management is seeking an experienced and motivated Property Services Manager to oversee maintenance operations and property ... more

    5 Days Ago

  • Lafayette Bakery

    Carmel, CA

    Lafayette Bakery | Carmel, CA

    Hello this job is serving customers delicious made on site pastries and goods and also make coffees.Job Type:Part-time Pay:$17.00 - $18.00 per hour Benefit... more

    5 Days Ago

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