How Much Does a Cost Reduction Engineer Make?

Updated February 26, 2024

Individually reported data submitted by users of our website

Low Confidence
$66,589/yr
Average Base Pay
Low $59,728
Average $66,589
High $70,781
The average salary for Cost Reduction Engineer is $66,589 per year in the United States.

Related Job Titles to Cost Reduction Engineer

Cost Engineer
$70,972
US
Per Year
Cost Engineer II
$86,986
US
Per Year
Cost Engineer III
$105,142
US
Per Year
Cost Engineer I
$70,244
US
Per Year

Similar Job Salaries to Cost Reduction Engineer by Company

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Company average base salary in (usd) range
Barry Isett & Associates Inc
Electrical Engineer
$83,680/yr
$74,600
$92,760
RANGE: $74,600 - $92,760
The Perryman Company
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$142,312/yr
$128,272
$156,351
RANGE: $128,272 - $156,351
City of Pittsburgh
Staff Engineer
$111,218/yr
$99,474
$122,961
RANGE: $99,474 - $122,961
$89,836/yr
$80,736
$98,935
RANGE: $80,736 - $98,935
Advocate Aurora Health
Automation Engineer
$145,383/yr
$127,005
$163,761
RANGE: $127,005 - $163,761
$114,139/yr
$100,516
$127,763
RANGE: $100,516 - $127,763
Universal Charter Schools
Building Engineer
$61,422/yr
$53,872
$68,971
RANGE: $53,872 - $68,971
Wash. Penn Plas-Corp
Software Engineer
$102,525/yr
$92,332
$112,719
RANGE: $92,332 - $112,719
$110,902/yr
$99,192
$122,612
RANGE: $99,192 - $122,612
Barry Isett & Associates Inc
Municipal Engineer
$88,872/yr
$79,229
$98,515
RANGE: $79,229 - $98,515

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 the United States?

The Cost Reduction Engineer salary range is from $59,728 to $70,781, and the average Cost Reduction Engineer salary is $66,589/year in the United States. 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 $83,570 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.

Recent Salary Report

Below are the most recent Cost Reduction Engineer salary reports. Employer name has been removed to protect anonymity.

$56,392 Yearly
A Cost Reduction Engineer in Marrero, LA reported making $56,392 per year
Marrero, LA
100 - 200 employees
Full-Time
Company - Private
$62,396 Yearly
A Cost Reduction Engineer in Frisco, TX reported making $62,396 per year
Frisco, TX
6 - 1,000 employees
Full-Time
Company - Private
$35 Hourly
A Cost Reduction Engineer in Denver, CO reported making $35 per hour
Denver, CO
3,000 - 7,6 employees
Part-Time
Company - Public
$63,159 Yearly
A Cost Reduction Engineer in Grand Rapids, MI reported making $63,159 per year
Grand Rapids, MI
200 - 6 employees
Full-Time
Company - Private
$35 Hourly
A Cost Reduction Engineer in Chula Vista, CA reported making $35 per hour
Chula Vista, CA
7,6 - 15,000 employees
Part-Time
Company - Public
$5,200 Monthly
A Cost Reduction Engineer in York, PA reported making $5,200 per month
York, PA
1,000 - 3,000 employees
Full-Time
Company - Public