Average Cost Control Engineer Salary in Arequipa, Peru for 2026

In this article, we will look at the average Cost Control Engineer salary for 2026 in Arequipa and how that compares to other countries and professions. We'll also look at interesting salary data points like median salary, 25th and 75th percentile salaries, salary amounts based on experience, bonus ranges and more!

The data in this article has been compiled using official government salary data, salary surveys, and other sources such as job postings which contain salary information.

All salary information is in the local currency, which is the Peruvian sol. To keep things simple, we are using the PEN currency code instead of the currency symbol S/ .

How Much Does a Cost Control Engineer Make in Arequipa?

A Cost Control Engineer working in Arequipa will typically earn around 79,360 PEN per year, and this can range from the lowest average salary of about 38,180 PEN to the highest average salary of 123,400 PEN.

Average Annual Salary79,360 PEN
Average Monthly Salary6,613 PEN
Average Lowest Salary38,180 PEN
Lowest Monthly Salary3,181 PEN
Average Highest Salary123,400 PEN
Highest Monthly Salary10,283 PEN

These are average salaries for a Cost Control Engineer in Arequipa and include benefits such as housing and transport. It's also possible for a Cost Control Engineer to earn more or less than the average salaries shown above.

Cost Control Engineer salaries will vary a lot based on your experience, location, skills, and gender. Keep reading below to research more data on each of these areas.

Distribution of Cost Control Engineer Salaries in Arequipa

So we've looked at the average salaries a Cost Control Engineer will earn in Arequipa. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Cost Control Engineer can earn between 38,180 PEN and 123,400 PEN on average in Arequipa. This is known as the range in statistics.

The difference between the maximum and minimum values is a good indicator of variability in salaries, and can be used by employers to figure out how much they can expect to pay, and for employees to know how much they can earn.

Median salary

The median salary for a Cost Control Engineer in Arequipa is 82,920 PEN. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 82,920 PEN, and 50% of the population earn more than 82,920 PEN.

If you are earning more than the median salary, that's a good indicator that you are being paid well.

If you're not earning more than the median salary, your objective should be to increase your earnings to be at least as high as the median salary (which you can do by asking for a pay rise, looking for a better paying job, etc).

Percentiles

Percentiles are similar to the median salary, but instead of looking at the middle value, they look at the values in the top and bottom half of the distribution.

For the average Cost Control Engineer salary in Arequipa, 25% of the population are earning less than 52,820 PEN while 75% of the population earn more than 52,820 PEN.

75% of the population earn less than 106,820 PEN, and 25% of the population earn more than 106,820 PEN.

Like the median salary, the 25th and 75th percentile salaries can be used to determine which quartile you fall into so that you know whether you are being paid well enough compared to others in your profession and location.

The difference between a median and an average salary

The median and average salary are both indicators you can use to see if you are being paid fairly based on the overall population.

  • If your salary is higher than the average and the median salary, you are earning well compared to others.
  • If your salary is lower than the average and the median salary, it could indicate you are not being paid well enough.
  • If you are somewhere in between then it's tricky to determine if you are being paid well enough and you might need to research more closely.

Cost Control Engineer Salary by Experience Level in Arequipa

The most important factor in determining your salary after the specific profession is the number of years experience you have. It stands to reason that more years of experience will result in a higher wage.

We have researched the average Cost Control Engineer salary based on years of experience to give you an idea of how the average changes once you've worked for a certain amount of time.

  • 0 - 2 Years Experience. A Cost Control Engineer in Arequipa that has less than two years of experience can expect to earn somewhere in the region of 42,320 PEN.
  • 2 - 5 Years Experience. With two to five years of experience the average Cost Control Engineer salary would increase to 59,480 PEN.
  • 5 - 10 Years Experience. From five to ten years of experience as a Cost Control Engineer, the average salary would be 81,180 PEN.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 101,900 PEN.
  • 15 - 20 Years Experience. A Cost Control Engineer with 15 to 20 years of experience can earn an average of 105,440 PEN.
  • 20+ Years Experience. For a Cost Control Engineer with more than 20 years, the expected average salary increases to 117,520 PEN.

Average Salary by Experience Chart

0-2 Years-
42,320 PEN
2-5 Years+38%
59,480 PEN
5-10 Years+42%
81,180 PEN
10-15 Years+22%
101,900 PEN
15-20 Years+6%
105,440 PEN
20+ Years+9%
117,520 PEN

Cost Control Engineer Salary by Education Level in Arequipa

As well as experience in a job, your education plays a big role in how much you can earn. A lot of higher paying positions require a high level of education, but how much can a degree increase your salary?

In our research we have compared the salaries of employees in the same job and career level with different levels of education to see how much more you can earn at each education level.

The salary you can earn based on your education is very specific to both your location and the career path you choose.

In our research, we looked at the average salary for a Cost Control Engineer in Arequipa based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • Bachelor's Degree. A Cost Control Engineer in Arequipa with a bachelor's degree education can earn an average salary of 59,480 PEN.
  • Master's Degree. A Cost Control Engineer in Arequipa with a master's degree education can earn an average salary of 105,440 PEN.

Average Salary by Education Chart

Bachelor's Degree-
59,480 PEN
Master's Degree+83%
105,440 PEN

How Much is a Master's Degree or MBA Program?

The approximate cost of a master's degree or post-graduate program like an MBA in Peru is around 37,700 to 113,000 PEN and takes two years to complete.

As you can see above, there are financial benefits from reaching master's degree level, but don't expect to see much of a salary increase until you have completed the degree.

It's common for people to pursue an MBA or other post-graduate program in order to switch to a a job that pays more. On average, you can expect to earn around 10% more when switching to a new company.

Whether you decide to pursue a master's degree depends on many factors. If you are able to afford it, the numbers suggest that the return on investment is worth it and you could recover the costs in a few years from the salary increase you would receive.

Cost Control Engineer Salary Compared by Gender

In the modern age, we know that there should never be a pay gap between men and women. Unfortunately, in many professions, there is still a significant difference between the salaries earned by men when compared to the salary of women in the same job.

In Arequipa, a male cost control engineer will earn an average of 69,780 PEN, while a female cost control engineer will earn around 65,800 PEN.

This means that a male cost control engineer earns approximately 6% more than a female cost control engineer for performing the same job.

Average Salary by Gender Chart in Arequipa

Male-
69,780 PEN
Female-6%
65,800 PEN

Cost Control Engineer Average Pay Raise in Arequipa

In many countries, an annual pay raise is often given to employees to reward their service with a salary increase.

From our research, we can see that the average pay raise for a Cost Control Engineer in Arequipa is around 13% every 16 months.

The national average pay raise across all professions and industries in Peru is around 9% every 17 months.

In this case, we can see that the number of months between the average pay raise is higher than the typical 12 months.

To make the data more meaningful, we can calculate what the approximate annual pay raise would be using a simple formula:

Annual Increase = ( Increase Rate ÷ Months ) × 12

So for this example, it would be:

Annual Increase = ( 13 ÷ 16 ) × 12  = 10%

What this means is that a Cost Control Engineer in Arequipa can expect to receive an average pay raise of around 10% every 12 months.

Annual Pay Raise by Industry in Arequipa for 2026

In the chart below, you can see the average annual pay raise percentages for each of the major industries in Peru.

You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.

Banking-
8%
Energy-
7%
Information Technology-
6%
Healthcare-
5%
Travel-
4%
Construction-
3%
Education-
2%

Cost Control Engineer Bonus and Incentive Rates in Arequipa

Another part of your overall compensation in a job is how much bonus you receive. Some job roles will be more likely to pay a bonus than others and also more likely to have higher bonus rates.

Generally speaking, jobs that are more involved with direct revenue generation will receive higher bonuses based on the performance towards revenue goals.

A Cost Control Engineer is a high bonus based job, with 78% of employees reporting at least one bonus in the last 12 months.

22% reported that they had not received any bonuses in the previous 12 months.

For the employees that did receive a bonus in the previous 12 months, the reported bonuses ranged from 5% to 8%.

Received Bonus-
78%
No Bonus-
22%

What are the Types of Bonus?

There are a number of difference types of bonus you can receive in a job. Including:

  • Individual performance bonus - This is a bonus that is awarded to an individual employee for general performance in the job. It's the most common type of bonus.
  • Company performance bonus - This is a bonus that is awarded to a company employees to share profit with the staff.
  • Goal based bonus - This is a bonus that is awarded to an individual employee (or a team) for achieving specific goals, objectives, or milestones.
  • Holiday bonus - This type of bonus is usually paid around the holidays, often the end of the year, and is a token of appreciation for the hard work throughout the year.

Government vs Private Sector Salaries

Another commonly asked question is whether you get paid a higher salary working in the public (government) sector or the private sector.

Public sector employees in Peru earn approximately 10% more than private sector employees in the same role.

Public Sector-
93,880 PEN
Private Sector-10%
85,700 PEN

Salaries for Jobs Similar to a Cost Control Engineer

In the table below, we have salary information for jobs that are similar to a Cost Control Engineer in Arequipa.

Job TitleCategorySalary
Assistant Business Development ManagerBusiness Planning119,900 PEN
Assistant Merchandise PlannerBusiness Planning72,180 PEN
Business AdvisorBusiness Planning104,060 PEN
Business AnalystBusiness Planning112,420 PEN
Business ConsultantBusiness Planning105,300 PEN
Business Continuity AssociateBusiness Planning69,240 PEN
Business DeveloperBusiness Planning67,900 PEN
Business Development AnalystBusiness Planning80,060 PEN
Business Development AssociateBusiness Planning59,240 PEN
Business Development CoordinatorBusiness Planning57,820 PEN
Business Development DirectorBusiness Planning152,000 PEN
Business Development EngineerBusiness Planning82,920 PEN
Business Development ExecutiveBusiness Planning116,960 PEN
Business Development ManagerBusiness Planning136,200 PEN
Business Development SpecialistBusiness Planning104,900 PEN
Business ManagerBusiness Planning125,700 PEN
Business Operations SpecialistBusiness Planning102,380 PEN
Business Process WriterBusiness Planning62,860 PEN
Business Systems AnalystBusiness Planning111,240 PEN
Capacity PlannerBusiness Planning78,940 PEN
Capacity Planning SupervisorBusiness Planning101,860 PEN
Change Communications AnalystBusiness Planning97,840 PEN
Change Control AnalystBusiness Planning95,600 PEN
Change Impact AnalystBusiness Planning103,580 PEN
Contracts ExecutiveBusiness Planning103,200 PEN
Corporate Strategy AnalystBusiness Planning110,340 PEN
Cost ControllerBusiness Planning82,920 PEN
Cost EstimatorBusiness Planning72,780 PEN
Data ExecutiveBusiness Planning57,440 PEN
Data ManagerBusiness Planning81,880 PEN
Data Processing ManagerBusiness Planning99,340 PEN
Development ResearcherBusiness Planning78,160 PEN
Director of Business DevelopmentBusiness Planning152,000 PEN
Director of Production PlanningBusiness Planning128,900 PEN
Due Diligence AnalystBusiness Planning115,260 PEN
Estimating ManagerBusiness Planning113,420 PEN
General ManagerBusiness Planning136,200 PEN
Incident HandlerBusiness Planning73,020 PEN
Incident SpecialistBusiness Planning89,280 PEN
Lean ConsultantBusiness Planning77,100 PEN
ManagerBusiness Planning139,100 PEN
Marketing and Business Development ManagerBusiness Planning127,700 PEN
Materials PlannerBusiness Planning48,940 PEN
Merchandise AssistantBusiness Planning45,000 PEN
Merchandise ControllerBusiness Planning42,960 PEN
Merchandise PlannerBusiness Planning47,400 PEN
Operations AnalystBusiness Planning92,680 PEN
Operations ManagerBusiness Planning116,380 PEN
Operations Research AnalystBusiness Planning61,760 PEN
Planning DirectorBusiness Planning138,200 PEN
Planning and Reporting ManagerBusiness Planning118,200 PEN
Project AdministratorBusiness Planning70,600 PEN
Project ManagerBusiness Planning106,760 PEN
Project PlannerBusiness Planning69,060 PEN
Research AssistantBusiness Planning60,400 PEN
Research EngineerBusiness Planning65,760 PEN
Research OfficerBusiness Planning53,840 PEN
Risk Management SpecialistBusiness Planning101,920 PEN
Scholarship CoordinatorBusiness Planning53,320 PEN
Store PlannerBusiness Planning52,540 PEN
Strategy DirectorBusiness Planning143,200 PEN
Top Research and Development ExecutiveBusiness Planning163,800 PEN

Salary Comparison by City

If you want to compare salaries with different cities in Peru, you can use the links below to explore the data for each specific city we have researched.

CityAverage Salary
Chiclayo66,680 PEN
Cusco66,180 PEN
Huancayo69,260 PEN
Iquitos62,100 PEN
Lima77,400 PEN
Trujillo73,260 PEN

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