How Much Does a Product Cost Engineer Make?

Updated March 26, 2024

Individually reported data submitted by users of our website

Normal Confidence
$75,460/yr
Average Base Pay
Low $63,163
Average $75,460
High $93,263
The average salary for Product Cost Engineer is $75,460 per year in the United States.

Related Job Titles to Product Cost Engineer

Cost Engineer
$71,239
US
Per Year
Product Design Engineer V
$168,322
US
Per Year
Cost Estimation Engineer V
$163,071
US
Per Year
Cost Engineer I
$70,607
US
Per Year

Similar Job Salaries to Product Cost Engineer by Company

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Company average base salary in (usd) range
Apex Systems
Sr. Engineer - Cost & Growth
$107,533/yr
$96,179
$118,888
RANGE: $96,179 - $118,888
kodakalaris
WW Service Cost Engineer
$79,319/yr
$70,142
$88,497
RANGE: $70,142 - $88,497
R&S NORTHEAST, LLC
Product Cost Accountant - Bowling Green, KY
$84,829/yr
$74,695
$94,963
RANGE: $74,695 - $94,963
H-E-B, L.P.
Principal Product Manager, Merchandising Tech - Cost/Price
$149,825/yr
$131,091
$168,558
RANGE: $131,091 - $168,558
HEB
Principal Product Manager, Merchandising Tech - Cost/Price
$149,825/yr
$131,091
$168,558
RANGE: $131,091 - $168,558
M.C. Dean
Senior Cost Engineer /Electrical Estimator
$82,727/yr
$71,510
$93,944
RANGE: $71,510 - $93,944
M.C. Dean, Inc.
Senior Cost Engineer /Electrical Estimator
$82,727/yr
$71,510
$93,944
RANGE: $71,510 - $93,944
ServiceNow
Staff Capacity Cost Analytics Engineer
$94,000/yr
$83,524
$104,475
RANGE: $83,524 - $104,475
Turner & Townsend
Construction Cost Engineer - Mission Critical
$95,647/yr
$85,650
$105,643
RANGE: $85,650 - $105,643

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 $63,163 to $93,263, and the average Product Cost Engineer salary is $75,460/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 $94,702 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.

$82,743 Yearly
A Product Cost Engineer in Durham, NC reported making $82,743 per year
Durham, NC
200 - 6 employees
Full-Time
Company - Private
$5,662 Monthly
A Product Cost Engineer in Saint Petersburg, FL reported making $5,662 per month
Saint Petersburg, FL
1,000 - 3,000 employees
Full-Time
Company - Public
$40 Hourly
A Product Cost Engineer in Saint Cloud, MN reported making $40 per hour
Saint Cloud, MN
3,000 - 7,6 employees
Part-Time
Company - Public
$45 Hourly
A Product Cost Engineer in Terre Haute, IN reported making $45 per hour
Terre Haute, IN
7,6 - 15,000 employees
Part-Time
Company - Public
$72,898 Yearly
A Product Cost Engineer in San Bernardino, CA reported making $72,898 per year
San Bernardino, CA
6 - 1,000 employees
Full-Time
Company - Private
$70,336 Yearly
A Product Cost Engineer in Round Rock, TX reported making $70,336 per year
Round Rock, TX
100 - 200 employees
Full-Time
Company - Private