How Much Does a Cost Reduction Engineer Make in Akron, OH?

Updated May 01, 2025
As of May 01, 2025, the average annual pay of Cost Reduction Engineer in Akron, OH is $67,229. While Salary.com is seeing that Cost Reduction Engineer salary in Akron, OH can go up to $80,485 or down to $54,010, but most earn between $60,310 and $74,168. 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
$69,894
Akron, OH
Per Year
Cost Engineer I
$67,023
Akron, OH
Per Year
Cost Engineer IV
$123,473
Akron, OH
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Cost Engineer II
$81,320
Akron, OH
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Similar Job Salaries to Cost Reduction Engineer by Company

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Company average base salary in (usd) range
beBee Careers
Cost Reduction Analyst
$88,450/yr
$77,917
$98,983
RANGE: $77,917 - $98,983
3M
Quality and Cost Reduction Engineer
$93,786/yr
$83,553
$104,020
RANGE: $83,553 - $104,020
Goken
Cost Engineer - Battery Design
$96,258/yr
$84,530
$107,985
RANGE: $84,530 - $107,985
Honda North America
Senior Cost Planning Engineer
$102,263/yr
$92,952
$111,573
RANGE: $92,952 - $111,573
Matthews Industrial Automation Division
Sr Cost Engineer Estimator
$117,827/yr
$102,492
$133,161
RANGE: $102,492 - $133,161
Gelpac
Cost Accounting Engineer
$108,732/yr
$95,618
$121,847
RANGE: $95,618 - $121,847
Ascent Industries Co
Cost Reduction Strategist
$114,024/yr
$98,731
$129,318
RANGE: $98,731 - $129,318
beBee Careers
Manufacturing Cost Reduction Strategist
$95,372/yr
$84,766
$105,978
RANGE: $84,766 - $105,978
Amazon Web Services (AWS)
Construction Cost Engineer, North and South America Cost Control
$85,376/yr
$73,621
$97,130
RANGE: $73,621 - $97,130
beBee Careers
Risk Reduction and Sustainability Manager
$115,898/yr
$99,327
$132,469
RANGE: $99,327 - $132,469

Open Cost Reduction Engineer Jobs in Akron, OH

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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 Akron, OH?

The Cost Reduction Engineer salary range is from $60,310 to $74,168, and the average Cost Reduction Engineer salary is $67,229/year in Akron, OH. 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 Santa Clara, CA is $89,025 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.