Cost Reduction Engineer Salaries in Minnesota
How Much Does a Cost Reduction Engineer Make in Minnesota?
Updated April 01, 2025
As of April 01, 2025,
the average annual pay of Cost Reduction Engineer in Minnesota is $72,036.
While Salary.com is seeing that Cost Reduction Engineer salary in MN can go up to $86,243
or down to $57,864, but most earn between $64,618 and $79,472.
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 |
|---|---|---|
|
Ascent Industries Co
Cost Reduction Strategist
|
$99,321/yr
|
RANGE: $89,722 - $108,921
|
|
SkyWater Technology Foundry, Inc.
Defect Reduction Section Manager
|
$147,407/yr
|
RANGE: $135,884 - $158,930
|
|
Renesas Electronics
Defect Reduction Metrology Engineer
|
$111,000/yr
|
RANGE: $103,193 - $118,808
|
|
Insight Global
Cost Accountant
|
$90,542/yr
|
RANGE: $82,975 - $98,109
|
|
Rider Levett Bucknall RLB
Cost Estimator
|
$106,543/yr
|
RANGE: $95,730 - $117,356
|
|
ECM - Adams Publishing Group
Cost Accountant
|
$71,425/yr
|
RANGE: $65,364 - $77,486
|
|
Robert Half
Cost Accountant
|
$90,542/yr
|
RANGE: $82,975 - $98,109
|
|
Luster National
Cost Engineer
|
$107,959/yr
|
RANGE: $96,974 - $118,945
|
|
Turner Industries
Cost Engineer
|
$85,280/yr
|
RANGE: $77,753 - $92,806
|
|
Arcadis
Cost Engineer
|
$133,309/yr
|
RANGE: $122,933 - $143,685
|
Top 10 Highest Paying Cities For Cost Reduction Engineer Jobs in Minnesota
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 Minnesota.
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 Minnesota.
Minneapolis takes first place in this list, followed by Saint Paul, Minnetonka.
The Cost Reduction Engineer salary is $73,676 in Minneapolis,
which is higher than the national average. There are 7 cities' Cost Reduction Engineer salary higher than national average in Minnesota.
The average salary for a Cost Reduction Engineer in Minnesota is $72,036,
but we found that the city with the highest salary for Cost Reduction Engineer jobs is Minneapolis, MN, and it is higher than Saint Paul.
Cost Reduction Engineer jobs in Minneapolis can have the opportunity to earn higher salaries than in other cities in Minnesota.
| CITY | ANNUAL SALARY | MONTHLY PAY | WEEKLY PAY | HOURLY WAGE |
| Minneapolis | $73,676 | $6,140 | $1,417 | $35 |
| Saint Paul | $73,676 | $6,140 | $1,417 | $35 |
| Minnetonka | $73,676 | $6,140 | $1,417 | $35 |
| Eden Prairie | $73,549 | $6,129 | $1,414 | $35 |
| Burnsville | $73,465 | $6,122 | $1,413 | $35 |
| Lakeville | $73,211 | $6,101 | $1,408 | $35 |
| Rochester | $70,572 | $5,881 | $1,357 | $34 |
| Saint Cloud | $69,445 | $5,787 | $1,335 | $33 |
| Duluth | $67,523 | $5,627 | $1,299 | $32 |
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 Minnesota?
The Cost Reduction Engineer salary range is from $64,618 to $79,472, and the average Cost Reduction Engineer salary is $72,036/year in Minnesota.
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.
