Home > Salary > Austria > Cost Engineer
A cost engineer is a professional responsible for managing and controlling the costs associated with engineering projects. They play a crucial role in ensuring that projects are completed within budget and financial constraints. Cost engineers work closely with project managers, architects, and other stakeholders to estimate project costs, develop budgets, monitor expenses, and identify cost-saving opportunities. They analyze data, perform cost calculations, and prepare reports to provide accurate cost forecasts and recommendations. Additionally, cost engineers may also be involved in risk assessment, contract negotiations, and procurement activities.
Estimated Yearly Salary: 89,633 EUR
Estimated Monthly Salary: 7,469 EUR
Estimated Weekly Salary: 1,724 EUR per week
Estimated Hourly Salary: 43 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 7,241 EUR
Estimated Weekly Salary: 1,671 EUR per week
Estimated Hourly Salary: 42 EUR per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 89,674 USD
Estimated Monthly Salary: 7,473 USD
Estimated Weekly Salary: 1,725 USD per week
Estimated Hourly Salary: 43 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 89,633 EUR
Estimated Monthly Salary: 7,469 EUR
Estimated Weekly Salary: 1,724 EUR per week
Estimated Hourly Salary: 43 EUR per hour
By working as Cost Engineer a person can save up to 5,227 USD per month or 62,727 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Austria, see costs of living in Austria.
Estimated Yearly Salary for Cost Engineer
Last revision of data: 2025-01-04
Data as of 2025
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Cost Engineer salary in Austria
Average Yearly Salary of Cost Engineer in Austria is approximately 89,633 EUR (89,674 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Cost Engineer do?
A cost engineer is a professional responsible for managing and controlling the costs associated with engineering projects. They play a crucial role in ensuring that projects are completed within budget and financial constraints. Cost engineers work closely with project managers, architects, and other stakeholders to estimate project costs, develop budgets, monitor expenses, and identify cost-saving opportunities. They analyze data, perform cost calculations, and prepare reports to provide accurate cost forecasts and recommendations. Additionally, cost engineers may also be involved in risk assessment, contract negotiations, and procurement activities.
Skills: Cost Engineer, Project Cost Management, Budgeting, Cost Control, Financial Analysis, Risk Assessment
Job industry: Construction
Job industry: Construction
How much does Cost Engineer make?
Salary details
How much does Cost Engineer make?Estimated Yearly Salary: 89,633 EUR
Estimated Monthly Salary: 7,469 EUR
Estimated Weekly Salary: 1,724 EUR per week
Estimated Hourly Salary: 43 EUR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 86,893 EUREstimated Monthly Salary: 7,241 EUR
Estimated Weekly Salary: 1,671 EUR per week
Estimated Hourly Salary: 42 EUR per hour
Last revision of data: 2024-01-03Cost Engineer estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 89,674 USD
Estimated Monthly Salary: 7,473 USD
Estimated Weekly Salary: 1,725 USD per week
Estimated Hourly Salary: 43 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
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Country:
Salary comparison to National average
Austria, officially known as the Republic of Austria, is a landlocked country located in Central Europe. It shares its borders with eight other countries, including Germany, Czech Republic, and Italy. With a population of approximately 8.9 million people, Austria is considered a relatively small country in terms of population. The country covers an area of around 83,879 square kilometers, making it moderately sized.
Estimated national average yearly salary is 53,389 EUR (56,140 USD). Value indicated is pre-tax. Below graph shows estimated Cost Engineer job salary compared to average salary in Austria.
Comparison shows that a person working as Cost Engineer in Austria earns on average:
1.68 times the average salary (or 168% of average salary).
Estimated national average yearly salary is 53,389 EUR (56,140 USD). Value indicated is pre-tax. Below graph shows estimated Cost Engineer job salary compared to average salary in Austria.
Comparison shows that a person working as Cost Engineer in Austria earns on average:
1.68 times the average salary (or 168% of average salary).
Is Cost Engineer a well paid job?
Yes, our data shows that Cost Engineer is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Cost Engineer?
High salary for Cost Engineer would be somewhere between 98,596 EUR and 129,968 EUR. However this is an estimation based on Gaussian Distribution.How much can you save working as Cost Engineer in Austria?
Living in Austria the approximate monthly expenses are: 2,246 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 89,633 EUR
Estimated Monthly Salary: 7,469 EUR
Estimated Weekly Salary: 1,724 EUR per week
Estimated Hourly Salary: 43 EUR per hour
By working as Cost Engineer a person can save up to 5,227 USD per month or 62,727 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Austria, see costs of living in Austria.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Germany, Czech Republic, Slovakia, Hungary, Slovenia, Italy, Switzerland, Liechtenstein. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Cost Engineer
Germany is 85,734 USD
Czech Republic is 42,615 USD
Slovakia is 35,383 USD
Hungary is 30,379 USD
Slovenia is 49,110 USD
Italy is 60,618 USD
Switzerland is 142,955 USD Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Austria
(586,194 EUR per year, pre-tax.)
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(487,911 EUR per year, pre-tax.)
(469,897 EUR per year, pre-tax.)
4. Neurosurgeon
(456,339 EUR per year, pre-tax.)
(455,242 EUR per year, pre-tax.)
(446,800 EUR per year, pre-tax.)
7. Urologist
(446,584 EUR per year, pre-tax.)
(446,282 EUR per year, pre-tax.)
9. Oncologist
(445,114 EUR per year, pre-tax.)
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Data as of 2025Random salary:
Banker 1 (31,208 EUR per year, pre-tax.)
Oil burner (44,671 EUR per year, pre-tax.)
Photogrammetrist (50,005 EUR per year, pre-tax.)
Sr. payroll processor (51,402 EUR per year, pre-tax.)
Chemical analyst (40,387 EUR per year, pre-tax.)
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