How Much Does a Cost Reduction Engineer Make in Tampa, FL?

Updated March 01, 2025
As of March 01, 2025, the average annual pay of Cost Reduction Engineer in Tampa, FL is $66,681. While Salary.com is seeing that Cost Reduction Engineer salary in Tampa, FL can go up to $79,834 or down to $53,571, but most earn between $59,819 and $73,566. 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
$69,244
Tampa, FL
Per Year
Cost Engineer I
$66,706
Tampa, FL
Per Year
Cost Engineer II
$80,936
Tampa, FL
Per Year
Cost Engineer III
$101,951
Tampa, FL
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
BBNCALLJOBSROLLUP
Cost Engineer
$85,482/yr
$78,584
$92,380
RANGE: $78,584 - $92,380
Pump
Cloud Cost Optimization Engineer
$101,231/yr
$92,878
$109,584
RANGE: $92,878 - $109,584
Brunel
Project Controls Engineer (Lead Cost)
$110,607/yr
$101,427
$119,787
RANGE: $101,427 - $119,787
The Ward Law Group, PL
Reduction Specialist
$94,104/yr
$86,114
$102,095
RANGE: $86,114 - $102,095
Naval Facilities Engineering Command
SUPERVISORY ENGINEER / ARCHITECT (SUPERVISORY COST ENGINEER)
$78,144/yr
$71,030
$85,259
RANGE: $71,030 - $85,259
Reliance One, Inc.
Lead Engineer for Emissions Reduction
$117,727/yr
$110,079
$125,374
RANGE: $110,079 - $125,374
EGS
Cost Engineer/Cost Lead
$117,609/yr
$107,262
$127,955
RANGE: $107,262 - $127,955
PJ Dick-Trumbull-Lindy Group
Cost Engineer / Cost Analyst
$81,129/yr
$74,233
$88,026
RANGE: $74,233 - $88,026

Open Cost Reduction Engineer Jobs in Tampa, FL

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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 Tampa, FL?

The Cost Reduction Engineer salary range is from $59,819 to $73,566, and the average Cost Reduction Engineer salary is $66,681/year in Tampa, FL. 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 $88,275 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.