Average Cost Engineer Salary in Chennai, Tamil Nadu

Annual Base Salary - ₹7,45,862.00/year

The average annual salary of Cost Engineer is ₹7,45,862.00

₹1,33,920.00
Low
₹7,45,862.00
Average
₹20,80,000.00
High

The starting salary of Cost Engineer is between ₹1,13,832.00 and ₹1,33,920.00 whereas the maximum salary range is between ₹20,80,000.00 and ₹23,92,000.00.

Minimum Annual PayMaximum Annual Pay
₹1,13,832.00₹23,92,000.00
Bonus Range: Tooltip
₹19,260.00 - ₹3,38,000.00
₹19,260.00
₹23,92,000.00
promotional offer
  • Currency : INR
  • Annual Salary : ₹7,45,862.00
  • Weekly Pay : ₹13,926.00
  • Fortnightly Salary : ₹27,851.00
  • Monthly Salary : ₹60,345.00

Cost Engineer Salary Comparison by Gender

Female
Male

This pie chart demonstrates the gender share for Cost Engineer. As indicated, the golden colour represents the percentage share for women and the green represents the percentage share for men.

As shown via chart, male employees are involved 100% in contrast with female who possibly are not a part of this profession.

Salary Distribution Based on Years of Experience

The line graph shows Cost Engineer salary in Chennai, Tamil Nadu, India on an annual basis. In this graph specifically, it is indicated that as the years of experience increases, so does their wages.

For Cost Engineer having experience between 1-4 years, their salary is around ₹3,13,500.00.

Once the experience reaches 5-9 years Cost Engineer salary would increase again to a total of ₹12,16,700.00, adding ₹9,03,200.00 from the last salary increase.

Prominent Skills Affecting Cost Engineer Salary

The bar graph data indicates the importance of specific skills which can have a direct impact on Cost Engineer's salary. It clearly highlights the skills needed for a post of Cost Engineer when hired by an employer.

The most vital skill expected of Cost Engineer is Project Management which impacts the most than the rest of the skills indicated with a staggering 110% comparatively. Therefore, one’s salary would greatly depend on their skills in Project Management.

The skill least likely to affect one’s pay would be Product Costing with 11%. It can be said that Product Costing skill will unlikely impact the salary.

Compensation Statistics Based on Experience Levels

This combination of a line and the bar graph shows how the experience affects the salary of Cost Engineer. Companies are considering factors like training and education directly affecting the salary offered to you as an employee. The line graph shows the salary increment with the increase in experience whereas the bar graph shows the comparision of how the salary is getting affected based on experience level.

As shown in the trends, lowest earning is ₹2,90,886.00 whereas the highest earning is ₹12,08,296.00 which clearly shows the salary increases with the level of expertise.

Mid Carrer person will earn the maximum salary of ₹12,08,296.00 at 62%. So to summerize, Early Career earns 61% less than the average salary, Mid Carrer earns 62% more than the average salary.

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