Cost Reduction Engineer Salaries in Colorado
How Much Does a Cost Reduction Engineer Make in Colorado?
Updated April 01, 2025
As of April 01, 2025,
the average annual pay of Cost Reduction Engineer in Colorado is $71,825.
While Salary.com is seeing that Cost Reduction Engineer salary in CO can go up to $85,990
or down to $57,694, but most earn between $64,428 and $79,239.
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
Facing Salary Structure Challenges? Let Our Expert Guide You
The job market is increasingly challenging. Our whitepaper, Navigating the Challenges of Creating Salary Structures, offers guidance on creating salary structures. Provide your phone number and work email to download the full version.
We will handle your contact details in line with our Privacy Policy.
If you prefer not to receive marketing emails from Salary.com, you can opt-out out of marketing communications at any time by clicking unsubscribe.
Choose a prefer time
Choose Your Preferred Time
All times are listed as US Eastern time (Boston/New York)
-
9:00 AM-9:30 AM
-
9:30 AM-10:00 AM
-
10:00 AM-10:30 AM
-
10:30 AM-11:00 AM
-
11:00 AM-11:30 AM
-
11:30 AM-12:00 PM
-
12:00 PM-12:30 PM
-
12:30 PM-1:00 PM
-
1:00 PM-1:30 PM
-
1:30 PM-2:00 PM
-
2:00 PM-2:30 PM
-
2:30 PM-3:00 PM
-
3:00 PM-3:30 PM
-
3:30 PM-4:00 PM
-
4:00 PM-4:30 PM
-
4:30 PM-5:00 PM
-
5:00 PM-5:30 PM
-
5:30 PM-6:00 PM
-
6:00 PM-6:30 PM
-
6:30 PM-7:00 PM
-
7:00 PM-7:30 PM
-
7:30 PM-8:00 PM
Similar Job Salaries to Cost Reduction Engineer by Company
Loading results...
| Company | average base salary in (usd) | range |
|---|---|---|
|
ALTEN Technology USA
Cost Control Engineer
|
$110,788/yr
|
RANGE: $102,700 - $118,877
|
|
Ascent Industries Co
Cost Reduction Strategist
|
$99,321/yr
|
RANGE: $89,722 - $108,921
|
|
Renesas Electronics
Defect Reduction Metrology Engineer
|
$111,000/yr
|
RANGE: $103,193 - $118,808
|
|
FUJIFILM Electronic Materials U.S.A., Inc.
Cost Accountant
|
$85,631/yr
|
RANGE: $78,475 - $92,788
|
|
IBE Consulting Engineers, now Stantec
Cost Estimator
|
$101,248/yr
|
RANGE: $92,396 - $110,101
|
|
Stantec
Cost Estimator
|
$98,799/yr
|
RANGE: $89,600 - $107,998
|
|
CONSTRUCTION
Cost Estimator
|
$92,266/yr
|
RANGE: $82,553 - $101,978
|
|
myGwork - LGBTQ+ Business Community
Cost Accountant
|
$90,781/yr
|
RANGE: $83,194 - $98,368
|
|
Luster National
Cost Engineer
|
$107,959/yr
|
RANGE: $96,974 - $118,945
|
|
Turner Industries
Cost Engineer
|
$85,280/yr
|
RANGE: $77,753 - $92,806
|
Top 10 Highest Paying Cities For Cost Reduction Engineer Jobs in Colorado
It is important to understand how location impacts your career prospects in the United States.
There are some cities where a Cost Reduction Engineer can find a job easily with a greater salary paid then achieve a higher standard of living.
Below is the top cities list for Cost Reduction Engineer job salaries in Colorado.
Some cities can pay higher salaries for Cost Reduction Engineer jobs, which can indicate that there is a large demand for Cost Reduction Engineer positions in this city.
The following table shows top 10 cities where the Cost Reduction Engineer salary is higher than other cities in Colorado.
Boulder takes first place in this list, followed by Broomfield, Grand Junction.
The Cost Reduction Engineer salary is $73,880 in Boulder,
which is higher than the national average. There are 9 cities' Cost Reduction Engineer salary higher than national average in Colorado.
The average salary for a Cost Reduction Engineer in Colorado is $71,825,
but we found that the city with the highest salary for Cost Reduction Engineer jobs is Boulder, CO, and it is higher than Broomfield.
Cost Reduction Engineer jobs in Boulder can have the opportunity to earn higher salaries than in other cities in Colorado.
| CITY | ANNUAL SALARY | MONTHLY PAY | WEEKLY PAY | HOURLY WAGE |
| Boulder | $73,880 | $6,157 | $1,421 | $36 |
| Broomfield | $72,613 | $6,051 | $1,396 | $35 |
| Grand Junction | $72,226 | $6,019 | $1,389 | $35 |
| Denver | $71,768 | $5,981 | $1,380 | $35 |
| Arvada | $71,768 | $5,981 | $1,380 | $35 |
| Westminster | $71,768 | $5,981 | $1,380 | $35 |
| Aurora | $71,719 | $5,977 | $1,379 | $34 |
| Jefferson | $71,670 | $5,972 | $1,378 | $34 |
| Castle Rock | $70,522 | $5,877 | $1,356 | $34 |
| Colorado Springs | $70,262 | $5,855 | $1,351 | $34 |
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
Empower Your Talent Strategy with Salary.com's Skills Library.
Struggling with Managing Your Job Descriptions?
View Job Skills and Competency Data for more than 15,000 Job Titles, 18 Industries, and 26 Job Families.
Skills LibraryOur job description management tool- JobArchitect streamlines your job description process. Say goodbye to the hassle of crafting job descriptions.
Explore JobArchitectFrequently Asked Questions About a Cost Reduction Engineer Salaries
What is the average of a Cost Reduction Engineer in Colorado?
The Cost Reduction Engineer salary range is from $64,428 to $79,239, and the average Cost Reduction Engineer salary is $71,825/year in Colorado.
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.
