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What is a Senior Cost Engineer

There is more than meets the eye when it comes to being a Senior Cost Engineer. For example, did you know that they make an average of $45.08 an hour? That's $93,770 a year!

Between 2018 and 2028, the career is expected to grow 8% and produce 23,800 job opportunities across the U.S.

What Does a Senior Cost Engineer Do

There are certain skills that many Senior Cost Engineers have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed Creativity, Listening skills and Problem-solving skills.

Learn more about what a Senior Cost Engineer does

How To Become a Senior Cost Engineer

If you're interested in becoming a Senior Cost Engineer, one of the first things to consider is how much education you need. We've determined that 71.7% of Senior Cost Engineers have a bachelor's degree. In terms of higher education levels, we found that 15.4% of Senior Cost Engineers have master's degrees. Even though most Senior Cost Engineers have a college degree, it's possible to become one with only a high school degree or GED.

Choosing the right major is always an important step when researching how to become a Senior Cost Engineer. When we researched the most common majors for a Senior Cost Engineer, we found that they most commonly earn Bachelor's Degree degrees or Master's Degree degrees. Other degrees that we often see on Senior Cost Engineer resumes include Associate Degree degrees or Diploma degrees.

You may find that experience in other jobs will help you become a Senior Cost Engineer. In fact, many Senior Cost Engineer jobs require experience in a role such as Cost Engineer. Meanwhile, many Senior Cost Engineers also have previous career experience in roles such as Project Controls Engineer or Cost Estimator.

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And if you’re looking for a job, here are the five top employers hiring now:

  1. Chevron Jobs (2)
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  5. Generac Power Systems Jobs (3)
Average Salary
$93,770
Average Salary
Job Growth Rate
8%
Job Growth Rate
Job Openings
31,691
Job Openings
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Senior Cost Engineer Career Paths

Top Careers Before Senior Cost Engineer

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Average Salary for a Senior Cost Engineer

Senior Cost Engineers in America make an average salary of $93,770 per year or $45 per hour. The top 10 percent makes over $132,000 per year, while the bottom 10 percent under $66,000 per year.
Average Salary
$93,770
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How much should you be earning as an Senior Cost Engineer? Use Zippia's Salary Calculator to get an estimation of how much you should be earning.
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Choose From 10+ Customizable Senior Cost Engineer Resume templates

Zippia allows you to choose from different easy-to-use Senior Cost Engineer templates, and provides you with expert advice. Using the templates, you can rest assured that the structure and format of your Senior Cost Engineer resume is top notch. Choose a template with the colors, fonts & text sizes that are appropriate for your industry.

Senior Cost Engineer Resume
Senior Cost Engineer Resume
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Senior Cost Engineer Resume
Senior Cost Engineer Resume
Senior Cost Engineer Resume
Senior Cost Engineer Resume
Senior Cost Engineer Resume
Senior Cost Engineer Resume

Senior Cost Engineer Demographics

Senior Cost Engineer Gender Distribution

Male
Male
81%
Female
Female
19%

After extensive research and analysis, Zippia's data science team found that:

  • Among Senior Cost Engineers, 18.6% of them are women, while 81.4% are men.

  • The most common race/ethnicity among Senior Cost Engineers is White, which makes up 70.4% of all Senior Cost Engineers.

  • The most common foreign language among Senior Cost Engineers is Spanish at 30.8%.

Job Openings

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Senior Cost Engineer Education

Senior Cost Engineer Majors

24.4 %

Senior Cost Engineer Degrees

Bachelors

71.7 %

Masters

15.4 %

Associate

9.4 %

Top Colleges for Senior Cost Engineers

1. New York University

New York, NY • Private

In-State Tuition
$51,828
Enrollment
26,339

2. Northwestern University

Evanston, IL • Private

In-State Tuition
$54,568
Enrollment
8,451

3. University of Southern California

Los Angeles, CA • Private

In-State Tuition
$56,225
Enrollment
19,548

4. University of Pennsylvania

Philadelphia, PA • Private

In-State Tuition
$55,584
Enrollment
10,764

5. University of Michigan - Ann Arbor

Ann Arbor, MI • Private

In-State Tuition
$15,262
Enrollment
30,079

6. Clemson University

Clemson, SC • Private

In-State Tuition
$15,374
Enrollment
19,564

7. Worcester Polytechnic Institute

Worcester, MA • Private

In-State Tuition
$50,530
Enrollment
4,571

8. Stanford University

Stanford, CA • Private

In-State Tuition
$51,354
Enrollment
7,083

9. Johns Hopkins University

Baltimore, MD • Private

In-State Tuition
$53,740
Enrollment
5,567

10. Lehigh University

Bethlehem, PA • Private

In-State Tuition
$52,930
Enrollment
5,030
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Online Courses For Senior Cost Engineer That You May Like

Projects Cost Management, Estimating, Budgeting and Control.
udemy
4
(955)

Learn how to estimate costs for any project, how to determine budget and how to use Earned Value Management tools. 3 PDU...

Cost Reduction: Cut Costs and Maximise Profits
udemy
4.6
(462)

Cost cutting & cost reduction for a profit focused business...

Construction Cost Estimating and Cost Control
coursera

This course introduces the types of cost estimation from the conceptual design phase through the more detailed design phase of a construction project. In addition, the course highlights the importance of controlling costs and how to monitor project cash flow. Students will work on a break-even analysis of construction tasks in a project...

Show More Senior Cost Engineer Courses
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Top Skills For a Senior Cost Engineer

The skills section on your resume can be almost as important as the experience section, so you want it to be an accurate portrayal of what you can do. Luckily, we've found all of the skills you'll need so even if you don't have these skills yet, you know what you need to work on. Out of all the resumes we looked through, 10.2% of Senior Cost Engineers listed Construction Projects on their resume, but soft skills such as Creativity and Listening skills are important as well.

Best States For a Senior Cost Engineer

Some places are better than others when it comes to starting a career as a Senior Cost Engineer. The best states for people in this position are New Jersey, Washington, New York, and California. Senior Cost Engineers make the most in New Jersey with an average salary of $105,640. Whereas in Washington and New York, they would average $95,415 and $93,044, respectively. While Senior Cost Engineers would only make an average of $90,536 in California, you would still make more there than in the rest of the country. We determined these as the best states based on job availability and pay. By finding the median salary, cost of living, and using the Bureau of Labor Statistics' Location Quotient, we narrowed down our list of states to these four.

1. Michigan

Total Senior Cost Engineer Jobs:
538
Highest 10% Earn:
$127,000
Location Quotient:
1.17
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here

2. Washington

Total Senior Cost Engineer Jobs:
479
Highest 10% Earn:
$143,000
Location Quotient:
1.1
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here

3. Massachusetts

Total Senior Cost Engineer Jobs:
835
Highest 10% Earn:
$127,000
Location Quotient:
1.53
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here
Full List Of Best States For Senior Cost Engineers

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Top Senior Cost Engineer Employers

Most Common Employers For Senior Cost Engineer

RankCompanyZippia ScoreAverage Senior Cost Engineer SalaryAverage Salary
1$129,550
2$110,829
3$101,326
4$99,401
5$95,250
6$94,276