How Much Does a Cost Reduction Engineer Make in Illinois?

Updated March 26, 2024
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Individually reported data submitted by users of our website

Low Confidence
$68,322/yr
Average Base Pay
Low $61,283
Average $68,322
High $72,619
The average salary for Cost Reduction Engineer is $68,322 per year in Illinois.

Related Job Titles to Cost Reduction Engineer

Cost Engineer
$72,877
Illinois
Per Year
Cost Estimation Engineer V
$166,822
Illinois
Per Year
Cost Engineer I
$72,231
Illinois
Per Year
Cost Engineer II
$89,400
Illinois
Per Year

Similar Job Salaries to Cost Reduction Engineer by Company

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Company average base salary in (usd) range
Turner & Townsend
Cost Engineer
$179,807/yr
$153,766
$205,849
RANGE: $153,766 - $205,849
$97,772/yr
$85,327
$110,217
RANGE: $85,327 - $110,217
Archer Daniels Midland
Senior Estimator / Cost Engineer - Decatur, IL
$111,006/yr
$100,320
$121,691
RANGE: $100,320 - $121,691
Healthcare Alternative Systems, Inc (H.A.S)
Harm Reduction Case Manager
$91,228/yr
$81,036
$101,420
RANGE: $81,036 - $101,420
PLCCA, INC.
Program Manager - Violence Prevention and Reduction
$114,714/yr
$98,082
$131,346
RANGE: $98,082 - $131,346
Rolbay T/A Linesight
Cost Manager
$106,026/yr
$89,725
$122,328
RANGE: $89,725 - $122,328
Knapheide
Cost Accountant
$82,349/yr
$73,196
$91,503
RANGE: $73,196 - $91,503
Impact Solutions Inc
Cost Accountant
$78,065/yr
$69,542
$86,589
RANGE: $69,542 - $86,589
$103,769/yr
$90,534
$117,005
RANGE: $90,534 - $117,005
MJ Celco
Cost Estimator
$93,124/yr
$81,787
$104,461
RANGE: $81,787 - $104,461

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Top 10 Highest Paying Cities For Cost Reduction Engineer Jobs in Illinois

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 Illinois. 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 Illinois. Chicago takes first place in this list, followed by Cicero, Evanston. The Cost Reduction Engineer salary is $70,058 in Chicago, which is higher than the national average. There are 20 cities' Cost Reduction Engineer salary higher than national average in Illinois.
The average salary for a Cost Reduction Engineer in Illinois is $68,322, but we found that the city with the highest salary for Cost Reduction Engineer jobs is Chicago, IL, and it is higher than Cicero. Cost Reduction Engineer jobs in Chicago can have the opportunity to earn higher salaries than in other cities in Illinois.
CITY ANNUAL SALARY MONTHLY PAY WEEKLY PAY HOURLY WAGE
Chicago $70,058 $5,838 $1,347 $34
Cicero $70,058 $5,838 $1,347 $34
Evanston $70,058 $5,838 $1,347 $34
Oak Park $70,058 $5,838 $1,347 $34
Skokie $70,058 $5,838 $1,347 $34
Oak Lawn $69,991 $5,833 $1,346 $34
Des Plaines $69,858 $5,821 $1,343 $34
Mount Prospect $69,791 $5,816 $1,342 $34
Aurora $69,657 $5,805 $1,340 $33
Hoffman Estates $69,323 $5,777 $1,333 $33

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 Illinois?

The Cost Reduction Engineer salary range is from $61,283 to $72,619, and the average Cost Reduction Engineer salary is $68,322/year in Illinois. 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 $83,816 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.