Average Principal Cost Engineer Salary in Coimbatore, India for 2026

In this article, we will look at the average Principal Cost Engineer salary for 2026 in Coimbatore 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 Indian rupee. To keep things simple, we are using the INR currency code instead of the currency symbol ₹.

How Much Does a Principal Cost Engineer Make in Coimbatore?

A Principal Cost Engineer working in Coimbatore will typically earn around 330,700 INR per year, and this can range from the lowest average salary of about 172,200 INR to the highest average salary of 504,300 INR.

Average Annual Salary330,700 INR
Average Monthly Salary27,558 INR
Average Lowest Salary172,200 INR
Lowest Monthly Salary14,350 INR
Average Highest Salary504,300 INR
Highest Monthly Salary42,025 INR

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

Principal Cost 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 Principal Cost Engineer Salaries in Coimbatore

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

Salary ranges

We already know that a Principal Cost Engineer can earn between 172,200 INR and 504,300 INR on average in Coimbatore. 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 Principal Cost Engineer in Coimbatore is 315,900 INR. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 315,900 INR, and 50% of the population earn more than 315,900 INR.

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 Principal Cost Engineer salary in Coimbatore, 25% of the population are earning less than 221,500 INR while 75% of the population earn more than 221,500 INR.

75% of the population earn less than 394,300 INR, and 25% of the population earn more than 394,300 INR.

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.

Principal Cost Engineer Salary by Experience Level in Coimbatore

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 Principal Cost 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 Principal Cost Engineer in Coimbatore that has less than two years of experience can expect to earn somewhere in the region of 196,800 INR.
  • 2 - 5 Years Experience. With two to five years of experience the average Principal Cost Engineer salary would increase to 263,200 INR.
  • 5 - 10 Years Experience. From five to ten years of experience as a Principal Cost Engineer, the average salary would be 340,400 INR.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 412,000 INR.
  • 15 - 20 Years Experience. A Principal Cost Engineer with 15 to 20 years of experience can earn an average of 451,000 INR.
  • 20+ Years Experience. For a Principal Cost Engineer with more than 20 years, the expected average salary increases to 472,100 INR.

Average Salary by Experience Chart

0-2 Years-
196,800 INR
2-5 Years+34%
263,200 INR
5-10 Years+30%
340,400 INR
10-15 Years+21%
412,000 INR
15-20 Years+9%
451,000 INR
20+ Years+5%
472,100 INR

Principal Cost Engineer Salary by Education Level in Coimbatore

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 Principal Cost Engineer in Coimbatore 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 Principal Cost Engineer in Coimbatore with a bachelor's degree education can earn an average salary of 273,000 INR.
  • Master's Degree. A Principal Cost Engineer in Coimbatore with a master's degree education can earn an average salary of 383,300 INR.

Average Salary by Education Chart

Bachelor's Degree-
273,000 INR
Master's Degree+39%
383,300 INR

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 India is around 160,000 to 479,000 INR 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.

Principal Cost 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 Coimbatore, a male principal cost engineer will earn an average of 357,700 INR, while a female principal cost engineer will earn around 317,700 INR.

This means that a male principal cost engineer earns approximately 13% more than a female principal cost engineer for performing the same job.

Average Salary by Gender Chart in Coimbatore

Male-
357,700 INR
Female-13%
317,700 INR

Principal Cost Engineer Average Pay Raise in Coimbatore

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 Principal Cost Engineer in Coimbatore is around 12% every 16 months.

The national average pay raise across all professions and industries in India is around 9% every 16 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 = ( 12 ÷ 16 ) × 12  = 9%

What this means is that a Principal Cost Engineer in Coimbatore can expect to receive an average pay raise of around 9% every 12 months.

Annual Pay Raise by Industry in Coimbatore for 2026

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

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

Banking-
1%
Energy-
2%
Information Technology-
3%
Healthcare-
4%
Travel-
5%
Construction-
6%
Education-
7%

Principal Cost Engineer Bonus and Incentive Rates in Coimbatore

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 Principal Cost Engineer is a low bonus based job, with 31% of employees reporting at least one bonus in the last 12 months.

69% 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 0% to 4%.

Received Bonus-
31%
No Bonus-
69%

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 India earn approximately 6% more than private sector employees in the same role.

Public Sector-
392,300 INR
Private Sector-6%
371,100 INR

Salaries for Jobs Similar to a Principal Cost Engineer

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

Job TitleCategorySalary
Acoustics EngineerEngineering320,500 INR
Assembly Engineering TechnicianEngineering259,100 INR
Assistant Chief EngineerEngineering377,200 INR
Associate EngineerEngineering301,600 INR
AutoCAD DrafterEngineering209,500 INR
Autocad OperatorEngineering209,500 INR
Automation EngineerEngineering359,900 INR
Avionic System Support EngineerEngineering317,700 INR
BMS EngineerEngineering314,500 INR
Biochemical EngineerEngineering314,500 INR
Bridge and Lock TenderEngineering183,600 INR
Broadcast EngineerEngineering330,900 INR
CAD Design EngineerEngineering349,300 INR
CAD DesignerEngineering209,500 INR
CAE EngineerEngineering330,900 INR
Ceramics EngineerEngineering309,800 INR
Chemical EngineerEngineering341,400 INR
Civil DrafterEngineering209,500 INR
Civil EngineerEngineering349,300 INR
Civil Site EngineerEngineering349,300 INR
Civil TechnicianEngineering204,000 INR
Commissioning EngineerEngineering327,800 INR
Communications EngineerEngineering363,000 INR
Condition Monitoring EngineerEngineering288,700 INR
Contract Associate EngineerEngineering317,700 INR
Contract EngineerEngineering317,700 INR
Control Systems EngineerEngineering330,900 INR
Controls EngineerEngineering330,900 INR
Controls Software EngineerEngineering296,000 INR
Corrosion EngineerEngineering309,800 INR
Design EngineerEngineering345,100 INR
Director of EngineeringEngineering684,900 INR
DrafterEngineering209,500 INR
Drafting ManagerEngineering386,400 INR
Drilling EngineerEngineering327,800 INR
Drilling ForemanEngineering103,900 INR
Electrical DraughtsmanEngineering172,200 INR
Electrical EngineerEngineering369,300 INR
Electrical Engineering ManagerEngineering485,300 INR
Electromechanical Engineering TechnologistEngineering361,500 INR
Electromechanical Equipment AssemblerEngineering176,800 INR
Energy EngineerEngineering353,600 INR
Engine AssemblerEngineering152,100 INR
EngineerEngineering357,300 INR
Engineering Account ManagerEngineering384,500 INR
Engineering Chief DesignerEngineering383,300 INR
Engineering ConsultantEngineering454,900 INR
Engineering Key Account ManagerEngineering485,300 INR
Engineering Lab TechnicianEngineering317,700 INR
Engineering ManagerEngineering467,100 INR
Engineering Planning ManagerEngineering471,700 INR
Engineering Production ManagerEngineering597,800 INR
Engineering Project AnalystEngineering394,800 INR
Engineering Project Coordinator Engineering388,100 INR
Engineering Project DirectorEngineering684,900 INR
Engineering Project LeaderEngineering431,300 INR
Engineering Project ManagerEngineering472,000 INR
Engineering Research and Development ManagerEngineering539,700 INR
Engineering Safety CoordinatorEngineering263,100 INR
Engineering Sales ManagerEngineering462,300 INR
Engineering TechnicianEngineering263,100 INR
Engineering TechnologistEngineering263,100 INR
Environmental EngineerEngineering330,900 INR
Equipment EngineerEngineering309,800 INR
Equipment Engineering ManagerEngineering444,300 INR
EstimatorEngineering288,700 INR
Fabrication SpecialistEngineering239,000 INR
FabricatorEngineering152,300 INR
Facade EngineerEngineering327,800 INR
Fiber AnalystEngineering194,600 INR
Field EngineerEngineering352,000 INR
Field Engineering ManagerEngineering568,500 INR
Fire EngineerEngineering340,400 INR
Fitter and TurnerEngineering107,960 INR
Forestry Strategic PlannerEngineering394,800 INR
Generation EngineerEngineering341,400 INR
Genetic EngineerEngineering369,300 INR
Geological EngineerEngineering349,300 INR
Geotechnical EngineerEngineering359,900 INR
HSE ProfessionalEngineering314,500 INR
HVAC EngineerEngineering359,900 INR
HVAC SupervisorEngineering309,800 INR
Heavy Equipment MechanicEngineering180,500 INR
Highway EngineerEngineering335,800 INR
Industrial EngineerEngineering325,600 INR
Industrial Engineering TechnologistEngineering325,600 INR
Instrument EngineerEngineering332,100 INR
Instrument TechnicianEngineering185,100 INR
Instrumentation DesignerEngineering283,700 INR
Instrumentation EngineerEngineering332,100 INR
Instrumentation ManagerEngineering332,100 INR
Instrumentation and Control EngineerEngineering332,100 INR
Irrigation EngineerEngineering327,800 INR
Licensed Aircraft EngineerEngineering361,500 INR
Locomotive EngineerEngineering325,600 INR
Maintenance EngineerEngineering315,900 INR
Maintenance FitterEngineering119,860 INR
Maintenance ManagerEngineering335,800 INR
Manufacturing EngineerEngineering325,600 INR
Marine EngineerEngineering340,400 INR
Materials EngineerEngineering330,900 INR
Materials ResearcherEngineering314,500 INR
Materials TechnicianEngineering245,300 INR
Mechanical Design EngineerEngineering359,900 INR
Mechanical DesignerEngineering288,700 INR
Mechanical EngineerEngineering359,900 INR
Mechanical Engineering ManagerEngineering472,000 INR
Mechanical InspectorEngineering325,600 INR
Mechanical and Electrical EngineerEngineering361,500 INR
Mechatronics EngineerEngineering359,900 INR
Mining EngineerEngineering335,800 INR
Oil and Petrochemical EngineerEngineering367,900 INR
Optical EngineerEngineering327,800 INR
Optical Instrument AssemblerEngineering172,200 INR
PCB AssemblerEngineering123,400 INR
Photonics EngineerEngineering369,300 INR
Photonics TechnicianEngineering301,600 INR
Pipeline EngineerEngineering309,800 INR
Piping DesignerEngineering183,600 INR
Piping EngineerEngineering309,800 INR
Planning EngineerEngineering341,400 INR
Pressure Vessel InspectorEngineering159,400 INR
Principal EngineerEngineering341,400 INR
Principal Support EngineerEngineering341,400 INR
Process EngineerEngineering332,100 INR
Process OperatorEngineering197,600 INR
Product Development EngineerEngineering352,000 INR
Product Development TechnicianEngineering245,300 INR
Product EngineerEngineering352,000 INR
Product Safety EngineerEngineering317,700 INR
Production EngineerEngineering335,800 INR
Project EngineerEngineering357,300 INR
Proposal ManagerEngineering433,800 INR
Purchasing EngineerEngineering312,400 INR
Quality Assurance EngineerEngineering332,100 INR
Rail EngineerEngineering340,400 INR
Regional Field EngineerEngineering363,000 INR
Robotics EngineerEngineering383,300 INR
Robotics TechnicianEngineering275,800 INR
Safety EngineerEngineering335,800 INR
Safety InspectorEngineering263,100 INR
Safety ManagerEngineering397,900 INR
Safety OfficerEngineering176,800 INR
Sales EngineerEngineering359,900 INR
Scheduling EngineerEngineering309,800 INR
Service EngineerEngineering353,600 INR
Solar EngineerEngineering363,000 INR
Staff EngineerEngineering332,100 INR
Static Equipment EngineerEngineering327,800 INR
Stationary EngineerEngineering305,600 INR
Stress EngineerEngineering314,500 INR
Structural Analysis EngineerEngineering330,900 INR
Structural DesignerEngineering296,000 INR
Structural EngineerEngineering330,900 INR
Structural TechnicianEngineering216,800 INR
Supply Chain SpecialistEngineering330,900 INR
SurveyorEngineering252,300 INR
Technical Affairs OfficerEngineering172,200 INR
Technical AssistantEngineering172,200 INR
Technical EngineerEngineering288,700 INR
Technical Support EngineerEngineering288,700 INR
Tender EngineerEngineering301,600 INR
Test Development EngineerEngineering330,900 INR
Test EngineerEngineering330,900 INR
Transportation EngineerEngineering317,700 INR
Validation EngineerEngineering301,600 INR
Verification EngineerEngineering317,700 INR
Wastewater EngineerEngineering330,900 INR
Wind Energy EngineerEngineering341,400 INR
Wind Energy Operations ManagerEngineering448,500 INR
Work PlannerEngineering237,400 INR

Salary Comparison by City

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

CityAverage Salary
Ahmadabad369,900 INR
Bangalore384,200 INR
Bhopal341,900 INR
Chennai384,500 INR
Delhi378,800 INR
Ghaziabad330,700 INR
Hyderabad388,100 INR
Indore359,900 INR
Jaipur383,300 INR
Kanpur353,600 INR
Kolkata361,500 INR
Lucknow344,600 INR
Ludhiana330,900 INR
Madurai297,000 INR
Mumbai407,300 INR
Nagpur340,400 INR
Patna308,300 INR
Pimpri-Chinchwad351,200 INR
Pune366,200 INR
Surat382,600 INR
Vadodara320,500 INR
Visakhapatnam320,500 INR
agra325,600 INR

Salary Comparison by State

The table below includes links to the average salary for each state in India.

StateAverage Salary
Andaman & Nicobar Islands299,500 INR
Andhra Pradesh369,900 INR
Arunachal Pradesh332,100 INR
Assam367,200 INR
Bihar398,300 INR
Chandigarh318,800 INR
Chhatisgarh361,500 INR
Dadra & Nagar Haveli292,000 INR
Daman & Diu301,700 INR
Delhi351,900 INR
Goa309,800 INR
Gujarat399,900 INR
Haryana354,000 INR
Himachal Pradesh330,700 INR
Jammu & Kashmir361,600 INR
Jharkhand378,300 INR
Karnataka378,800 INR
Kerala385,300 INR
Lakshadweep292,000 INR
Madhya Pradesh388,100 INR
Maharashtra424,900 INR
Manipur335,100 INR
Meghalaya319,600 INR
Mizoram325,800 INR
Nagaland327,300 INR
Orissa369,900 INR
Pondicherry327,300 INR
Punjab367,200 INR
Rajasthan386,400 INR
Sikkim315,900 INR
Tamil Nadu396,300 INR
Tripura327,300 INR
Uttar Pradesh421,400 INR
Uttaranchal359,900 INR
West Bengal394,500 INR

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