How Much Does a Cost Reduction Engineer Make in Kentucky?

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

Low Confidence
$62,845/yr
Average Base Pay
Low $56,370
Average $62,845
High $66,798
The average salary for Cost Reduction Engineer is $62,845 per year in Kentucky.

Related Job Titles to Cost Reduction Engineer

Cost Engineer
$67,036
Kentucky
Per Year
Cost Estimation Engineer V
$153,450
Kentucky
Per Year
Cost Engineer I
$66,442
Kentucky
Per Year
Cost Engineer II
$82,234
Kentucky
Per Year

Similar Job Salaries to Cost Reduction Engineer by Company

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Company average base salary in (usd) range
CA10 AP Canada Ltd.
Project Cost Controls Engineer
$189,640/yr
$158,061
$221,219
RANGE: $158,061 - $221,219
Lexington-Fayette County Health Dept.
Social Worker Harm Reduction
$65,278/yr
$58,540
$72,017
RANGE: $58,540 - $72,017
NASCO
Cost Accountant
$77,566/yr
$68,944
$86,188
RANGE: $68,944 - $86,188
Pasona N A, Inc.
Cost Accountant
$84,781/yr
$73,559
$96,004
RANGE: $73,559 - $96,004
Komatsu
Cost Accountant
$76,491/yr
$68,056
$84,925
RANGE: $68,056 - $84,925
Drees Homes
Cost Estimator
$88,352/yr
$76,634
$100,071
RANGE: $76,634 - $100,071
Drees Homes
Cost Analyst
$81,828/yr
$71,505
$92,152
RANGE: $71,505 - $92,152
$78,161/yr
$69,520
$86,803
RANGE: $69,520 - $86,803
Hitachi Careers
Cost Accountant
$78,164/yr
$69,475
$86,852
RANGE: $69,475 - $86,852

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

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 Kentucky. 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 Kentucky. Covington takes first place in this list, followed by Louisville, Owensboro. The Cost Reduction Engineer salary is $65,316 in Covington, which is lower than the national average. There is 0 city's Cost Reduction Engineer salary higher than national average in Kentucky.
The average salary for a Cost Reduction Engineer in Kentucky is $62,845, but we found that the city with the highest salary for Cost Reduction Engineer jobs is Covington, KY, and it is higher than Louisville. Cost Reduction Engineer jobs in Covington can have the opportunity to earn higher salaries than in other cities in Kentucky.
CITY ANNUAL SALARY MONTHLY PAY WEEKLY PAY HOURLY WAGE
Covington $65,316 $5,443 $1,256 $31
Louisville $63,847 $5,321 $1,228 $31
Owensboro $62,912 $5,243 $1,210 $30
Lexington $62,111 $5,176 $1,194 $30
Richmond $61,509 $5,126 $1,183 $30
Frankfort $61,042 $5,087 $1,174 $29
Bowling Green $60,641 $5,053 $1,166 $29
Hopkinsville $60,107 $5,009 $1,156 $29

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 Kentucky?

The Cost Reduction Engineer salary range is from $56,370 to $66,798, and the average Cost Reduction Engineer salary is $62,845/year in Kentucky. 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.