How Much Does a Product Cost Engineer Make in Virginia?

Updated April 01, 2025
As of April 01, 2025, the average annual pay of Product Cost Engineer in Virginia is $81,534. While Salary.com is seeing that Product Cost Engineer salary in VA can go up to $103,327 or down to $60,631, but most earn between $70,593 and $92,941. 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
$73,698
Virginia
Per Year
Cost Engineer I
$70,858
Virginia
Per Year
Cost Engineer II
$85,973
Virginia
Per Year
Cost Engineer III
$108,296
Virginia
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
STV
COST ENGINEER
$109,293/yr
$99,372
$119,214
RANGE: $99,372 - $119,214
Lensa
Cost Engineer, Natrium
$93,515/yr
$84,851
$102,179
RANGE: $84,851 - $102,179
Project Time & Cost, LLC
Sr. Cost Engineer (Notional)
$112,535/yr
$101,692
$123,377
RANGE: $101,692 - $123,377
Lensa
Cost Engineer, Staff
$114,308/yr
$105,224
$123,393
RANGE: $105,224 - $123,393
Bristol Industries LLC
Cost Engineer / Construction Estimator
$105,691/yr
$95,405
$115,977
RANGE: $95,405 - $115,977
Fives Giddings & Lewis, LLC
Product & Project Cost Engineer
$134,078/yr
$124,372
$143,783
RANGE: $124,372 - $143,783
Amazon
Construction Cost Engineer, North and South America Cost Control
$92,340/yr
$83,807
$100,874
RANGE: $83,807 - $100,874
Actalent
Product Engineer
$101,362/yr
$93,518
$109,206
RANGE: $93,518 - $109,206
Blue Origin
Product Cost Engineer III - Lunar Permanence
$115,106/yr
$106,321
$123,892
RANGE: $106,321 - $123,892
Doosan Bobcat
2025 Product Cost Engineer Student Experience
$101,137/yr
$92,995
$109,280
RANGE: $92,995 - $109,280

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Top 10 Highest Paying Cities For Product Cost Engineer Jobs in Virginia

It is important to understand how location impacts your career prospects in the United States. There are some cities where a Product Cost Engineer can find a job easily with a greater salary paid then achieve a higher standard of living. Below is the top cities list for Product Cost Engineer job salaries in Virginia. Some cities can pay higher salaries for Product Cost Engineer jobs, which can indicate that there is a large demand for Product Cost Engineer positions in this city.
The following table shows top 10 cities where the Product Cost Engineer salary is higher than other cities in Virginia. Arlington takes first place in this list, followed by Alexandria, Annandale. The Product Cost Engineer salary is $89,647 in Arlington, which is higher than the national average. There are 5 cities' Product Cost Engineer salary higher than national average in Virginia.
The average salary for a Product Cost Engineer in Virginia is $81,534, but we found that the city with the highest salary for Product Cost Engineer jobs is Arlington, VA, and it is higher than Alexandria. Product Cost Engineer jobs in Arlington can have the opportunity to earn higher salaries than in other cities in Virginia.
CITY ANNUAL SALARY MONTHLY PAY WEEKLY PAY HOURLY WAGE
Arlington $89,647 $7,471 $1,724 $43
Alexandria $89,647 $7,471 $1,724 $43
Annandale $89,647 $7,471 $1,724 $43
Reston $89,485 $7,457 $1,721 $43
Centreville $89,323 $7,444 $1,718 $43
Richmond $78,797 $6,566 $1,515 $38
Petersburg $78,554 $6,546 $1,511 $38
Virginia State University $78,554 $6,546 $1,511 $38
Virginia Beach $77,161 $6,430 $1,484 $37
Newport News $76,117 $6,343 $1,464 $37

What Does a Product Cost Engineer Do?

Process Engineers also work in the metals, mining, and oil industries where raw compounds are transformed into products via either a refining or boiling type process.
Updated November 16, 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

Frequently Asked Questions About a Product Cost Engineer Salaries

What is the average of a Product Cost Engineer in Virginia?

The Product Cost Engineer salary range is from $70,593 to $92,941, and the average Product Cost Engineer salary is $81,534/year in Virginia. 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.