How Much Does a Product Cost Engineer Make in Cedar Rapids, IA?

Updated April 01, 2025
As of April 01, 2025, the average annual pay of Product Cost Engineer in Cedar Rapids, IA is $77,469. While Salary.com is seeing that Product Cost Engineer salary in Cedar Rapids, IA can go up to $98,176 or down to $57,609, but most earn between $67,074 and $88,308. 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 Product Cost Engineer
Cost Engineer
$70,024
Cedar Rapids, IA
Per Year
Cost Engineer I
$67,325
Cedar Rapids, IA
Per Year
Cost Engineer II
$81,687
Cedar Rapids, IA
Per Year
Cost Engineer III
$102,897
Cedar Rapids, IA
Per Year
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Similar Job Salaries to Product Cost Engineer by Company

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Company average base salary in (usd) range
Integrated DNA Technologies
Cost Savings/VAVE Engineer
$100,833/yr
$94,268
$107,398
RANGE: $94,268 - $107,398
Collins Aerospace
Design To Cost Engineer (Hybrid)
$97,681/yr
$88,981
$106,381
RANGE: $88,981 - $106,381
Fives Giddings & Lewis, LLC
Product & Project Cost Engineer
$134,078/yr
$124,372
$143,783
RANGE: $124,372 - $143,783
Iowa Rotocast Plastics, Inc.
Product Engineer
$99,025/yr
$89,569
$108,480
RANGE: $89,569 - $108,480
Acro
Product Engineer
$99,216/yr
$89,742
$108,689
RANGE: $89,742 - $108,689
Acro Service Corporation
Product Engineer
$101,594/yr
$91,893
$111,294
RANGE: $91,893 - $111,294
AADG, Inc
Product Engineer
$99,001/yr
$89,515
$108,487
RANGE: $89,515 - $108,487
Aditi Consulting
Product Engineer II
$102,608/yr
$93,201
$112,015
RANGE: $93,201 - $112,015
PreSales Collective
Principal Product Solutions Engineer
$125,315/yr
$114,770
$135,860
RANGE: $114,770 - $135,860
Danfoss LLC
Product Engineer Intern
$103,165/yr
$93,314
$113,015
RANGE: $93,314 - $113,015

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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 Cedar Rapids, IA?

The Product Cost Engineer salary range is from $67,074 to $88,308, and the average Product Cost Engineer salary is $77,469/year in Cedar Rapids, IA. 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 $102,124 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.