How Much Does a Cost Reduction Engineer Make in Michigan?

Updated April 01, 2025
As of April 01, 2025, the average annual pay of Cost Reduction Engineer in Michigan is $69,326. While Salary.com is seeing that Cost Reduction Engineer salary in MI can go up to $82,998 or down to $55,687, but most earn between $62,187 and $76,482. 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
$72,073
Michigan
Per Year
Cost Engineer I
$69,295
Michigan
Per Year
Cost Engineer II
$84,077
Michigan
Per Year
Cost Engineer III
$105,908
Michigan
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
Flex Workforce Solutions
Cost Estimation Engineer
$94,876/yr
$86,940
$102,812
RANGE: $86,940 - $102,812
Munro & Associates Inc
Electrical Cost Engineer
$93,499/yr
$85,572
$101,426
RANGE: $85,572 - $101,426
Movement Search & Delivery
Commercial Cost Engineer
$91,354/yr
$83,292
$99,417
RANGE: $83,292 - $99,417
Lucid Motors
Sr. Cost Engineer
$103,402/yr
$95,503
$111,301
RANGE: $95,503 - $111,301
Ascent Industries Co
Cost Reduction Strategist
$99,321/yr
$89,722
$108,921
RANGE: $89,722 - $108,921
The Contractor Consultants
Churn Reduction Specialist
$63,705/yr
$56,852
$70,559
RANGE: $56,852 - $70,559
Tata Technologies
Costing Reduction Consultant
$116,342/yr
$106,873
$125,811
RANGE: $106,873 - $125,811
Renesas Electronics
Defect Reduction Metrology Engineer
$111,000/yr
$103,193
$118,808
RANGE: $103,193 - $118,808
Elmet Technologies LLC
3rd Shift Furnace/Reduction Operator
$44,836/yr
$41,021
$48,651
RANGE: $41,021 - $48,651
International SOS Government Medical Services
Wing Drug Demand Reduction Program Manager
$80,558/yr
$71,742
$89,373
RANGE: $71,742 - $89,373

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

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 Michigan. 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 Michigan. Ann Arbor takes first place in this list, followed by Canton, Novi. The Cost Reduction Engineer salary is $70,769 in Ann Arbor, which is higher than the national average. There are 6 cities' Cost Reduction Engineer salary higher than national average in Michigan.
The average salary for a Cost Reduction Engineer in Michigan is $69,326, but we found that the city with the highest salary for Cost Reduction Engineer jobs is Ann Arbor, MI, and it is higher than Canton. Cost Reduction Engineer jobs in Ann Arbor can have the opportunity to earn higher salaries than in other cities in Michigan.
CITY ANNUAL SALARY MONTHLY PAY WEEKLY PAY HOURLY WAGE
Ann Arbor $70,769 $5,897 $1,361 $34
Canton $70,656 $5,888 $1,359 $34
Novi $70,431 $5,869 $1,354 $34
Detroit $70,403 $5,867 $1,354 $34
Warren $70,403 $5,867 $1,354 $34
Dearborn $70,403 $5,867 $1,354 $34
Dearborn Heights $70,367 $5,864 $1,353 $34
Royal Oak $70,325 $5,860 $1,352 $34
Westland $70,304 $5,859 $1,352 $34
Taylor $70,290 $5,857 $1,352 $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

Frequently Asked Questions About a Cost Reduction Engineer Salaries

What is the average of a Cost Reduction Engineer in Michigan?

The Cost Reduction Engineer salary range is from $62,187 to $76,482, and the average Cost Reduction Engineer salary is $69,326/year in Michigan. 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.