How Much Does a Cost Reduction Engineer Make?

Updated April 01, 2025
As of April 01, 2025, the average annual pay of Cost Reduction Engineer in the United States is $70,396. While Salary.com is seeing that Cost Reduction Engineer salary in the US can go up to $84,279 or down to $56,546, but most earn between $63,146 and $77,663. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, and your experience levels. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Related Job Titles to Cost Reduction Engineer
Cost Engineer
$73,186
US
Per Year
Cost Engineer I
$72,996
US
Per Year
Cost Engineer II
$89,598
US
Per Year
Cost Engineer III
$106,854
US
Per Year
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Similar Job Salaries to Cost Reduction Engineer by Company

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Company average base salary in (usd) range
Reliance One, Inc.
Lead Engineer for Emissions Reduction
$122,744/yr
$110,934
$134,554
RANGE: $110,934 - $134,554
EGS
Cost Engineer/Cost Lead
$128,306/yr
$111,276
$145,336
RANGE: $111,276 - $145,336
PJ Dick-Trumbull-Lindy Group
Cost Engineer / Cost Analyst
$79,572/yr
$71,027
$88,117
RANGE: $71,027 - $88,117
$131,519/yr
$116,945
$146,093
RANGE: $116,945 - $146,093
$78,093/yr
$68,356
$87,830
RANGE: $68,356 - $87,830
Luster National
Cost Engineer
$100,086/yr
$87,718
$112,455
RANGE: $87,718 - $112,455
FlatironDragados
Cost Engineer
$94,589/yr
$82,789
$106,390
RANGE: $82,789 - $106,390
Vertiv
Cost Engineer
$100,085/yr
$91,421
$108,750
RANGE: $91,421 - $108,750

Open Cost Reduction Engineer Jobs in the United States

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What Does a Cost Reduction Engineer Do?

Cost reductions would come from both labor savings and material savings related to the installation process.
Updated December 20, 2021
Experts agree that on-site help desk facilities often defeat the purpose of outsourcing, which is cost reduction due to the availability of resources shared with other organizations.
Updated December 11, 2021
Selected for testing and demonstration were judged to have potential for significant technical advancement or reduction in manufacturing cost.
Updated December 08, 2021
Capacities, with the attendant cost reductions as a result of economies of scale, are expected to lead to sustainable markets.
Updated December 08, 2021
Examples of scope of work include silicon process improvement and product enhancement, device capability evaluation and expansion, and wafer cost reduction.
Updated November 25, 2021

Frequently Asked Questions About a Cost Reduction Engineer Salaries

What is the average of a Cost Reduction Engineer in the United States?

The Cost Reduction Engineer salary range is from $63,146 to $77,663, and the average Cost Reduction Engineer salary is $70,396/year in the United States. The Cost Reduction Engineer's salary will change in different locations.

Which location pays the highest Cost Reduction Engineer salary in the United States?

The Cost Reduction Engineer salary in San Jose, CA is $88,790 which is the highest in the US.

What kinds of reasons will influence the Cost Reduction Engineer's salary?

Besides the location, employees' education degree, related skills, and work experience also will influence the salary. Try to improve your skills and experience to get a higher salary for the position of Cost Reduction Engineer.

What is the growth rate of the Cost Reduction Engineer's salary?

If you are thinking of becoming a Cost Reduction Engineer or planning the next step in your career, find the detailed salary report of a Cost Reduction Engineer.

Recent Salary Report

Below are the most recent Cost Reduction Engineer salary reports. Employer name has been removed to protect anonymity.

$59,622 Yearly
A Cost Reduction Engineer in Marrero, LA reported making $59,622 per year
Marrero, LA
100 - 200 employees
Full-Time
Company - Private
$65,965 Yearly
A Cost Reduction Engineer in Frisco, TX reported making $65,965 per year
Frisco, TX
6 - 1,000 employees
Full-Time
Company - Private
$39 Hourly
A Cost Reduction Engineer in Denver, CO reported making $39 per hour
Denver, CO
3,000 - 7,6 employees
Part-Time
Company - Public
$66,771 Yearly
A Cost Reduction Engineer in Grand Rapids, MI reported making $66,771 per year
Grand Rapids, MI
200 - 6 employees
Full-Time
Company - Private
$39 Hourly
A Cost Reduction Engineer in Chula Vista, CA reported making $39 per hour
Chula Vista, CA
7,6 - 15,000 employees
Part-Time
Company - Public
$5,497 Monthly
A Cost Reduction Engineer in York, PA reported making $5,497 per month
York, PA
1,000 - 3,000 employees
Full-Time
Company - Public