Product Cost Engineer Salaries in Chicago, IL
How Much Does a Product Cost Engineer Make in Chicago, IL?
Updated March 01, 2025
As of March 01, 2025,
the average annual pay of Product Cost Engineer in Chicago, IL is $84,782.
While Salary.com is seeing that Product Cost Engineer salary in Chicago, IL can go up to $107,466
or down to $63,052, but most earn between $73,407 and $96,656.
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
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Similar Job Salaries to Product Cost Engineer by Company
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| Company | average base salary in (usd) | range |
|---|---|---|
|
AtkinsRéalis
Cost Engineer
|
$106,925/yr
|
RANGE: $96,365 - $117,485
|
|
Abbott
Design to Cost Engineer
|
$106,990/yr
|
RANGE: $100,021 - $113,959
|
|
Tri-Merit, LLC
Cost Segregation Sr. Engineer
|
$97,617/yr
|
RANGE: $90,296 - $104,939
|
|
Tri-Merit
Cost Segregation Engineer
|
$104,889/yr
|
RANGE: $96,919 - $112,860
|
|
Bristol Industries LLC
Cost Engineer / Construction Estimator
|
$114,705/yr
|
RANGE: $103,541 - $125,869
|
|
Fives
Product & Project Cost Engineer
|
$108,042/yr
|
RANGE: $100,351 - $115,733
|
|
Fives Giddings & Lewis, LLC
Product & Project Cost Engineer
|
$134,287/yr
|
RANGE: $124,567 - $144,008
|
|
International Motors, LLC
Product Engineer
|
$110,633/yr
|
RANGE: $100,033 - $121,234
|
|
Ascot Group
Product Engineer
|
$111,360/yr
|
RANGE: $100,727 - $121,993
|
|
Zurn Elkay Water Solutions
Product Engineer
|
$110,936/yr
|
RANGE: $100,343 - $121,528
|
What Does a Product Cost Engineer Do?
Product engineers should be skilled in mathematics, specifically calculus, linear algebra and statistics.
Updated December 15, 2021
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
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Explore JobArchitectFrequently Asked Questions About a Product Cost Engineer Salaries
What is the average of a Product Cost Engineer in Chicago, IL?
The Product Cost Engineer salary range is from $73,407 to $96,656, and the average Product Cost Engineer salary is $84,782/year in Chicago, IL.
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 $101,431
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.
