How Much Does a Cost Reduction Engineer Make in Duluth, MN?

Updated March 01, 2025
As of March 01, 2025, the average annual pay of Cost Reduction Engineer in Duluth, MN is $67,947. While Salary.com is seeing that Cost Reduction Engineer salary in Duluth, MN can go up to $81,350 or down to $54,588, but most earn between $60,954 and $74,963. 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
$70,559
Duluth, MN
Per Year
Cost Engineer I
$70,838
Duluth, MN
Per Year
Cost Engineer II
$87,331
Duluth, MN
Per Year
Cost Engineer III
$103,834
Duluth, MN
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
SkyWater Technology Foundry, Inc.
Defect Reduction Engineer
$118,593/yr
$107,294
$129,891
RANGE: $107,294 - $129,891
SkyWater Technology Foundry, Inc.
Defect Reduction Section Manager
$164,555/yr
$147,310
$181,799
RANGE: $147,310 - $181,799
Jaros, Baum & Bolles
Engineer, Deep Carbon Reduction Group
$124,917/yr
$113,538
$136,296
RANGE: $113,538 - $136,296
$104,077/yr
$91,287
$116,867
RANGE: $91,287 - $116,867
TCC Materials
Cost Analyst
$104,403/yr
$91,393
$117,413
RANGE: $91,393 - $117,413
Kemps
Cost Analyst
$104,937/yr
$92,578
$117,295
RANGE: $92,578 - $117,295
Banner Recruiting
Cost Analyst
$98,449/yr
$86,384
$110,514
RANGE: $86,384 - $110,514
$101,178/yr
$89,263
$113,094
RANGE: $89,263 - $113,094
Quanex
Cost Accountant
$100,539/yr
$88,184
$112,894
RANGE: $88,184 - $112,894
FP Labs at Federal Package
Cost Accountant
$103,880/yr
$91,114
$116,646
RANGE: $91,114 - $116,646

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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 Duluth, MN?

The Cost Reduction Engineer salary range is from $60,954 to $74,963, and the average Cost Reduction Engineer salary is $67,947/year in Duluth, MN. 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 $88,275 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.