Home > Salary > New Zealand > 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: 155,606 NZD
Estimated Monthly Salary: 12,967 NZD
Estimated Weekly Salary: 2,992 NZD per week
Estimated Hourly Salary: 75 NZD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 12,501 NZD
Estimated Weekly Salary: 2,885 NZD per week
Estimated Hourly Salary: 72 NZD per hour
Last revision of data: 2024-01-09
Estimated Yearly Salary: 77,874 USD
Estimated Monthly Salary: 6,490 USD
Estimated Weekly Salary: 1,498 USD per week
Estimated Hourly Salary: 37 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
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: 155,606 NZD
Estimated Monthly Salary: 12,967 NZD
Estimated Weekly Salary: 2,992 NZD per week
Estimated Hourly Salary: 75 NZD per hour
By working as Cost Engineer a person can save up to 4,551 USD per month or 54,613 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 New Zealand, see costs of living in New Zealand.
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 New Zealand
Average Yearly Salary of Cost Engineer in New Zealand is approximately 155,606 NZD (77,874 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: 155,606 NZD
Estimated Monthly Salary: 12,967 NZD
Estimated Weekly Salary: 2,992 NZD per week
Estimated Hourly Salary: 75 NZD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 150,012 NZDEstimated Monthly Salary: 12,501 NZD
Estimated Weekly Salary: 2,885 NZD per week
Estimated Hourly Salary: 72 NZD per hour
Last revision of data: 2024-01-09Cost Engineer estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 77,874 USD
Estimated Monthly Salary: 6,490 USD
Estimated Weekly Salary: 1,498 USD per week
Estimated Hourly Salary: 37 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %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
New Zealand, a beautiful island country in the southwestern Pacific Ocean, is known for its stunning landscapes, diverse wildlife, and vibrant Maori culture. With a population of around 5 million people, it is sparsely populated compared to its size. The country covers an area of approximately 268,000 square kilometers and consists of two main islands, the North Island and the South Island, along with numerous smaller islands.
Estimated national average yearly salary is 80,807 NZD (48,460 USD). Value indicated is pre-tax. Below graph shows estimated Cost Engineer job salary compared to average salary in New Zealand.
Comparison shows that a person working as Cost Engineer in New Zealand earns on average:
1.93 times the average salary (or 193% of average salary).
Estimated national average yearly salary is 80,807 NZD (48,460 USD). Value indicated is pre-tax. Below graph shows estimated Cost Engineer job salary compared to average salary in New Zealand.
Comparison shows that a person working as Cost Engineer in New Zealand earns on average:
1.93 times the average salary (or 193% 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 171,167 NZD and 225,629 NZD. However this is an estimation based on Gaussian Distribution.How much can you save working as Cost Engineer in New Zealand?
Living in New Zealand the approximate monthly expenses are: 1,938 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: 155,606 NZD
Estimated Monthly Salary: 12,967 NZD
Estimated Weekly Salary: 2,992 NZD per week
Estimated Hourly Salary: 75 NZD per hour
By working as Cost Engineer a person can save up to 4,551 USD per month or 54,613 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 New Zealand, see costs of living in New Zealand.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Australia, Fiji, New Caledonia, Tonga, Samoa. 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
Australia is 96,895 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 New Zealand
(1,008,623 NZD per year, pre-tax.)
2. Cardiologist
(843,890 NZD per year, pre-tax.)
(810,735 NZD per year, pre-tax.)
(786,864 NZD per year, pre-tax.)
5. Neurosurgeon
(786,039 NZD per year, pre-tax.)
(769,764 NZD per year, pre-tax.)
7. Oncologist
(768,008 NZD per year, pre-tax.)
(767,682 NZD per year, pre-tax.)
(767,202 NZD per year, pre-tax.)
(766,991 NZD per year, pre-tax.)
Data as of 2025Random salary:
Industrial hygienist (148,956 NZD per year, pre-tax.)
Radiology scheduling clerk (55,905 NZD per year, pre-tax.)
Vault teller (42,258 NZD per year, pre-tax.)
Paint manager (105,858 NZD per year, pre-tax.)
Patient relations specialist (59,949 NZD per year, pre-tax.)
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