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Cost Engineer

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April 13, 2024 Updated June 9, 2025 17 minute read
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Cost Engineer: Mastering the Economics of Projects

A Cost Engineer is a professional who applies scientific principles and techniques to problems of cost estimating, cost control, business planning, and management science. They are pivotal in forecasting and managing project expenses, ensuring that projects are completed within budget while meeting quality and time requirements. This role demands a unique blend of analytical prowess, financial acumen, and a solid understanding of engineering and project management principles.

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Salaries for Cost Engineer

City
Median
New York
$141,000
San Francisco
$131,000
Seattle
$135,000
See all salaries
City
Median
New York
$141,000
San Francisco
$131,000
Seattle
$135,000
Austin
$130,000
Toronto
$95,000
London
£70,000
Paris
€70,000
Berlin
€65,000
Tel Aviv
₪65,000
Singapore
S$125,000
Beijing
¥210,000
Shanghai
¥126,000
Shenzhen
¥589,000
Bengalaru
₹668,000
Delhi
₹755,000
Bars indicate relevance. All salaries presented are estimates. Completion of this course does not guarantee or imply job placement or career outcomes.

Path to Cost Engineer

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We've curated 24 courses to help you on your path to Cost Engineer. Use these to develop your skills, build background knowledge, and put what you learn to practice.
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Relevant careers
Project Manager
Construction Manager
Estimator
Quantity Surveyor
Cost Analyst
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Related courses
Field Operations and Administrative Tools in Construction Management from University System of Maryland Project Delivery Methods and Contracts in Construction Management from University System of Maryland
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