How Much Does a Product Cost Engineer Make?

Updated September 26, 2022

Individually reported data submitted by users of our website

Normal Confidence
$82,880/yr
Average Base Pay
Low $59,679
Average $82,880
High $116,276
The average salary for Product Cost Engineer is $82,880 per year in the United States.

Related Job Titles to Product Cost Engineer

Cost Engineer
$88,804
US
Per Year
Product Design Engineer V
$160,183
US
Per Year
Product Design Engineer I
$75,744
US
Per Year
Product Design Engineer III
$109,704
US
Per Year

Similar Job Salaries to Product Cost Engineer by Company

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Company average base salary in (usd) range
Acuity - PT&C, LLC
Cost Engineer/Cost Consultant
$77,697/yr
$67,848
$87,547
RANGE: $67,848 - $87,547
$79,116/yr
$69,137
$89,096
RANGE: $69,137 - $89,096
$91,869/yr
$81,826
$101,913
RANGE: $81,826 - $101,913
$78,048/yr
$68,399
$87,698
RANGE: $68,399 - $87,698
WSP USA
Cost Engineer
$122,827/yr
$109,257
$136,397
RANGE: $109,257 - $136,397
X-energy
Cost Engineer
$240,283/yr
$202,726
$277,839
RANGE: $202,726 - $277,839
Blach Construction
Cost Engineer
$247,925/yr
$213,213
$282,636
RANGE: $213,213 - $282,636

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What Does a Product Cost Engineer Do?

The Successful Product Development Engineer: You will have experience of cradle to grave product management , overseeing the full life cycle.
Updated December 22, 2021
Product engineers define the yield road map and drive the fulfillment during ramp-up and volume production.
Updated December 18, 2021
Simply stated, it is a systematic approach to managing cost throughout the life cycle of any enterprise, program, facility, project, product or service.
Updated December 17, 2021
You will learn how to manage the product cost estimation function to generate accurate costs for negotiations with your customer or with your supplier.
Updated December 17, 2021
Product engineers should be skilled in mathematics, specifically calculus, linear algebra and statistics.
Updated December 15, 2021

Frequently Asked Questions About a Product Cost Engineer Salaries

What is the average of a Product Cost Engineer in the United States?

The Product Cost Engineer salary range is from $59,679 to $116,276, and the average Product Cost Engineer salary is $82,880/year in the United States. The Product Cost Engineer's salary will change in different locations.

Which location pays the highest Product Cost Engineer salary in the United States?

The Product Cost Engineer salary in San Jose, CA is $104,015 which is the highest in the US.

What kinds of reasons will influence the Product Cost 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 Product Cost Engineer.

What is the growth rate of the Product Cost Engineer's salary?

If you are thinking of becoming a Product Cost Engineer or planning the next step in your career, find the detailed salary report of a Product Cost Engineer.

Recent Salary Report

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

$55,962 Yearly
A Product Cost Engineer in Lake Havasu City, AZ reported making $55,962 per year
Lake Havasu City, AZ
6 - 1,000 employees
Full-Time
Company - Private
$4,737 Monthly
A Product Cost Engineer in Weymouth, MA reported making $4,737 per month
Weymouth, MA
1,000 - 3,000 employees
Full-Time
Company - Public
$85,119 Yearly
A Product Cost Engineer in Delaware City, DE reported making $85,119 per year
Delaware City, DE
200 - 6 employees
Full-Time
Company - Private
$50 Hourly
A Product Cost Engineer in Novi, MI reported making $50 per hour
Novi, MI
3,000 - 7,6 employees
Part-Time
Company - Public
$66,565 Yearly
A Product Cost Engineer in Fairfield, CT reported making $66,565 per year
Fairfield, CT
100 - 200 employees
Full-Time
Company - Private
$46 Hourly
A Product Cost Engineer in Wheeling, WV reported making $46 per hour
Wheeling, WV
7,6 - 15,000 employees
Part-Time
Company - Public