Cost Reduction Engineer Salaries in Fairbanks, AK
How Much Does a Cost Reduction Engineer Make in Fairbanks, AK?
Updated April 01, 2025
As of April 01, 2025,
the average annual pay of Cost Reduction Engineer in Fairbanks, AK is $78,111.
While Salary.com is seeing that Cost Reduction Engineer salary in Fairbanks, AK can go up to $93,516
or down to $62,744, but most earn between $70,067 and $86,175.
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
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Similar Job Salaries to Cost Reduction Engineer by Company
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| Company | average base salary in (usd) | range |
|---|---|---|
|
Turner & Townsend
Cost Engineer Oil Gas
|
$118,374/yr
|
RANGE: $107,142 - $129,605
|
|
Turner & Townsend
Cost Engineer Talent Pool Alaska
|
$108,433/yr
|
RANGE: $98,590 - $118,276
|
|
First Tek, Inc.
Cost Controller II [C]
|
$109,070/yr
|
RANGE: $98,071 - $120,070
|
|
Doyon, Limited
Cost Controller II (3129)
|
$109,070/yr
|
RANGE: $98,071 - $120,070
|
|
Fairweather, LLC
Cost Controller II (3129)
|
$109,070/yr
|
RANGE: $98,071 - $120,070
|
|
Doyon, Limited
Cost Controller III (3127)
|
$122,986/yr
|
RANGE: $111,185 - $134,787
|
|
First Tek, Inc.
Cost Controller III [C]
|
$115,321/yr
|
RANGE: $104,130 - $126,512
|
|
International SOS Government Medical Services
Wing Drug Demand Reduction Program Manager
|
$89,665/yr
|
RANGE: $79,853 - $99,477
|
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
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Explore JobArchitectFrequently Asked Questions About a Cost Reduction Engineer Salaries
What is the average of a Cost Reduction Engineer in Fairbanks, AK?
The Cost Reduction Engineer salary range is from $70,067 to $86,175, and the average Cost Reduction Engineer salary is $78,111/year in Fairbanks, AK.
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.
