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The differences between budget engineers and cost engineers can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 2-4 years to become a budget engineer, becoming a cost engineer takes usually requires 4-6 years. Additionally, a cost engineer has an average salary of $87,901, which is higher than the $79,218 average annual salary of a budget engineer.
| Budget Engineer | Cost Engineer | |
| Yearly salary | $79,218 | $87,901 |
| Hourly rate | $38.09 | $42.26 |
| Growth rate | 3% | 3% |
| Number of jobs | 963 | 65,278 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 83% | Bachelor's Degree, 74% |
| Average age | 47 | 45 |
| Years of experience | 4 | 6 |
Budget engineers and cost engineers have different pay scales, as shown below.
| Budget Engineer | Cost Engineer | |
| Average salary | $79,218 | $87,901 |
| Salary range | Between $43,000 And $145,000 | Between $64,000 And $120,000 |
| Highest paying City | - | San Francisco, CA |
| Highest paying state | - | Rhode Island |
| Best paying company | - | BP America Inc |
| Best paying industry | - | Energy |
There are a few differences between a budget engineer and a cost engineer in terms of educational background:
| Budget Engineer | Cost Engineer | |
| Most common degree | Bachelor's Degree, 83% | Bachelor's Degree, 74% |
| Most common major | Engineering And Industrial Management | Business |
| Most common college | Northwestern University | Georgia Institute of Technology |
Here are the differences between budget engineers' and cost engineers' demographics:
| Budget Engineer | Cost Engineer | |
| Average age | 47 | 45 |
| Gender ratio | Male, 54.5% Female, 45.5% | Male, 74.1% Female, 25.9% |
| Race ratio | Black or African American, 10.0% Unknown, 4.3% Hispanic or Latino, 10.6% Asian, 9.6% White, 64.5% American Indian and Alaska Native, 0.9% | Black or African American, 4.9% Unknown, 4.7% Hispanic or Latino, 11.3% Asian, 14.4% White, 64.5% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 13% | 6% |