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The differences between electrical electronics engineers and cost engineers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both an electrical electronics engineers and a cost engineer. Additionally, a cost engineer has an average salary of $87,901, which is higher than the $86,399 average annual salary of an electrical electronics engineers.
The top three skills for an electrical electronics engineers include electrical components, analog and C++. The most important skills for a cost engineer are project management, cost analysis, and construction management.
| Electrical Electronics Engineers | Cost Engineer | |
| Yearly salary | $86,399 | $87,901 |
| Hourly rate | $41.54 | $42.26 |
| Growth rate | 3% | 3% |
| Number of jobs | 50,381 | 65,278 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 63% | Bachelor's Degree, 74% |
| Average age | 45 | 45 |
| Years of experience | 6 | 6 |
An electrical electronics engineer is responsible for designing, creating, and developing devices such as computers, mobile phones, and portable audio devices. As an electrical electronics engineer, you will design and manage equipment for controlling and monitoring systems, machinery, and systems. Additionally, you will plan projects and prepare and manage budgets for these projects. Other duties that you will likely perform include providing recommendations about design modifications, designing software to simplify certain engineering tasks, and testing system capabilities and finished products.
A cost engineer is responsible for projecting cost and expenses reports for the production process, identify and mitigate risks, and develop strategic techniques to reduce the excessive financial loss for project buildings. Cost engineers conduct data and statistical analysis to measure time deliverables and quality checks to ensure profitability and adherence to business objectives. They research and negotiate materials from trusted suppliers and vendors with high-quality products that would meet construction designs and client specifications.
Electrical electronics engineers and cost engineers have different pay scales, as shown below.
| Electrical Electronics Engineers | Cost Engineer | |
| Average salary | $86,399 | $87,901 |
| Salary range | Between $66,000 And $111,000 | Between $64,000 And $120,000 |
| Highest paying City | San Ramon, CA | San Francisco, CA |
| Highest paying state | California | Rhode Island |
| Best paying company | BorgWarner | BP America Inc |
| Best paying industry | Automotive | Energy |
There are a few differences between an electrical electronics engineers and a cost engineer in terms of educational background:
| Electrical Electronics Engineers | Cost Engineer | |
| Most common degree | Bachelor's Degree, 63% | Bachelor's Degree, 74% |
| Most common major | Electrical Engineering | Business |
| Most common college | Northeastern University | Georgia Institute of Technology |
Here are the differences between electrical electronics engineers' and cost engineers' demographics:
| Electrical Electronics Engineers | Cost Engineer | |
| Average age | 45 | 45 |
| Gender ratio | Male, 89.9% Female, 10.1% | Male, 74.1% Female, 25.9% |
| Race ratio | Black or African American, 4.9% Unknown, 4.7% Hispanic or Latino, 11.5% Asian, 14.3% White, 64.3% American Indian and Alaska Native, 0.2% | 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 | 6% | 6% |