Average Procurement Engineer Salary in Costa Rica for 2024

In this article, we will look at the average Procurement Engineer salary for 2024 in Costa Rica 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 Costa Rican colón. To keep things simple, we are using the CRC currency code instead of the currency symbol ₡.

How Much Does a Procurement Engineer Make in Costa Rica?

A Procurement Engineer working in Costa Rica will typically earn around 24,958,800 CRC per year, and this can range from the lowest average salary of about 11,748,300 CRC to the highest average salary of 39,481,900 CRC.

Average Annual Salary
24,958,800 CRC
Average Monthly Salary
2,079,900 CRC

Lowest Annual Salary
11,748,300 CRC
Lowest Monthly Salary
979,025 CRC

Highest Annual Salary
39,481,900 CRC
Highest Monthly Salary
3,290,158 CRC

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

Procurement 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 Procurement Engineer Salaries in Costa Rica

So we've looked at the average salaries a Procurement Engineer will earn in Costa Rica. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Procurement Engineer can earn between 11,748,300 CRC and 39,481,900 CRC on average in Costa Rica. 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 Procurement Engineer in Costa Rica is 26,520,600 CRC. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 26,520,600 CRC, and 50% of the population earn more than 26,520,600 CRC.

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 Procurement Engineer salary in Costa Rica, 25% of the population are earning less than 17,159,700 CRC while 75% of the population earn more than 17,159,700 CRC.

75% of the population earn less than 34,919,600 CRC, and 25% of the population earn more than 34,919,600 CRC.

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.

Procurement Engineer Salary by Experience Level in Costa Rica

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 procurement 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 Procurement Engineer in Costa Rica that has less than two years of experience can expect to earn somewhere in the region of 13,561,900 CRC.
  • 2 - 5 Years Experience. With two to five years of experience the average Procurement Engineer salary would increase to 18,720,200 CRC.
  • 5 - 10 Years Experience. From five to ten years of experience as a Procurement Engineer, the average salary would be 26,520,600 CRC.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 32,398,700 CRC.
  • 15 - 20 Years Experience. A Procurement Engineer with 15 to 20 years of experience can earn an average of 34,198,600 CRC.
  • 20+ Years Experience. For a Procurement Engineer with more than 20 years, the expected average salary increases to 37,201,700 CRC.

Average Salary by Experience Chart

0-2 Years
13,561,900 CRC
2-5 Years +38%
18,720,200 CRC
5-10 Years +42%
26,520,600 CRC
10-15 Years +22%
32,398,700 CRC
15-20 Years +6%
34,198,600 CRC
20+ Years +9%
37,201,700 CRC

Procurement Engineer Salary by Education Level in Costa Rica

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 Procurement Engineer in Costa Rica based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • High School. A Procurement Engineer in Costa Rica with a high school education can earn an average salary of 16,679,800 CRC.

  • Certificate or Diploma. A Procurement Engineer in Costa Rica with a certificate or diploma education can earn an average salary of 19,558,300 CRC.

  • Bachelor's Degree. A Procurement Engineer in Costa Rica with a bachelor's degree education can earn an average salary of 28,439,500 CRC.

  • Master's Degree. A Procurement Engineer in Costa Rica with a master's degree education can earn an average salary of 37,201,700 CRC.

Average Salary by Education Chart

High School
16,679,800 CRC
Certificate or Diploma +17%
19,558,300 CRC
Bachelor's Degree +45%
28,439,500 CRC
Master's Degree +31%
37,201,700 CRC

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 Costa Rica is around 11,800,000 to 35,400,000 CRC 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.

Procurement 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 Costa Rica, a male procurement engineer will earn an average of 25,919,400 CRC, while a female procurement engineer will earn around 24,119,700 CRC.

This means that a male procurement engineer earns approximately 7% more than a female procurement engineer for performing the same job.

Average Salary by Gender Chart in Costa Rica

Male
25,919,400 CRC
Female -7%
24,119,700 CRC

Procurement Engineer Average Pay Raise in Costa Rica

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 Procurement Engineer in Costa Rica is around 10% every 19 months.

The national average pay raise across all professions and industries in Costa Rica 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 = ( 10 ÷ 19 ) × 12  = 6%

What this means is that a Procurement Engineer in Costa Rica can expect to receive an average pay raise of around 6% every 12 months.

Annual Pay Raise by Industry in Costa Rica for 2024

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

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

Banking
7%
Energy
5%
Information Technology
3%
Healthcare
1%
Travel
8%
Construction
6%
Education
4%

Procurement Engineer Bonus and Incentive Rates in Costa Rica

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 Procurement Engineer is a moderate bonus based job, with 56% of employees reporting at least one bonus in the last 12 months.

44% 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 2% to 7%.

Received Bonus
56%
No Bonus
44%

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

Public Sector
29,399,100 CRC
Private Sector -6%
27,721,300 CRC

Salaries for Jobs Similar to a Procurement Engineer

In the table below, we have salary information for jobs that are similar to a Procurement Engineer in Costa Rica.

Job Title Category Salary
Asset Management Associate Purchasing and Inventory 24,478,500 CRC
Asset Protection Associate Purchasing and Inventory 23,638,700 CRC
Asset Protection Specialist Purchasing and Inventory 26,399,200 CRC
Assistant Buyer Purchasing and Inventory 23,040,200 CRC
Buyer Purchasing and Inventory 38,399,900 CRC
Capacity Planner Purchasing and Inventory 26,399,200 CRC
Category Leader Purchasing and Inventory 26,280,300 CRC
Category Management Specialist Purchasing and Inventory 25,679,100 CRC
Category Manager Purchasing and Inventory 30,360,800 CRC
Channel Services Representative Purchasing and Inventory 26,639,300 CRC
Contracts Manager Purchasing and Inventory 31,559,900 CRC
Contracts Specialist Purchasing and Inventory 25,679,100 CRC
Demand Planner Purchasing and Inventory 28,078,900 CRC
Demand Planning Manager Purchasing and Inventory 31,201,500 CRC
Distribution Assistant Purchasing and Inventory 22,799,000 CRC
Distribution Associate Purchasing and Inventory 22,081,800 CRC
Distribution Manager Purchasing and Inventory 46,921,300 CRC
Inventory Analyst Purchasing and Inventory 24,000,900 CRC
Inventory Control Clerk Purchasing and Inventory 13,561,900 CRC
Inventory Control Manager Purchasing and Inventory 32,758,100 CRC
Inventory Management Associate Purchasing and Inventory 26,639,300 CRC
Inventory Specialist Purchasing and Inventory 23,759,100 CRC
Logistics Engineer Purchasing and Inventory 22,681,800 CRC
Master Planner Purchasing and Inventory 24,119,700 CRC
Material Handler Purchasing and Inventory 14,639,900 CRC
Material Planning Specialist Purchasing and Inventory 21,841,900 CRC
Merchandise Manager Purchasing and Inventory 30,119,100 CRC
Procurement Administrator Purchasing and Inventory 28,439,500 CRC
Procurement Agent Purchasing and Inventory 19,678,200 CRC
Procurement Analyst Purchasing and Inventory 32,398,700 CRC
Procurement Assistant Purchasing and Inventory 18,720,200 CRC
Procurement Associate Purchasing and Inventory 25,440,400 CRC
Procurement Clerk Purchasing and Inventory 11,915,300 CRC
Procurement Manager Purchasing and Inventory 48,961,500 CRC
Procurement Officer Purchasing and Inventory 12,239,700 CRC
Procurement Process Analyst Purchasing and Inventory 28,679,900 CRC
Procurement Specialist Purchasing and Inventory 24,119,700 CRC
Production Planner Purchasing and Inventory 27,721,300 CRC
Project Buyer Purchasing and Inventory 30,961,800 CRC
Purchaser Purchasing and Inventory 39,600,100 CRC
Purchasing Agent Purchasing and Inventory 21,121,400 CRC
Purchasing Assistant Purchasing and Inventory 13,199,100 CRC
Purchasing Manager Purchasing and Inventory 51,841,000 CRC
Purchasing Officer Purchasing and Inventory 21,719,900 CRC
Purchasing Supervisor Purchasing and Inventory 32,280,500 CRC
Shipping and Receiving Clerk Purchasing and Inventory 11,998,600 CRC
Shipping Coordinator Purchasing and Inventory 24,000,900 CRC
Stock Clerk Purchasing and Inventory 13,561,900 CRC
Stock Regulator Purchasing and Inventory 15,360,400 CRC
Storage Manager Purchasing and Inventory 32,280,500 CRC
Store Keeper Purchasing and Inventory 12,361,500 CRC
Stores and Logistics Coordinator Purchasing and Inventory 24,718,600 CRC
Supply Chain Analyst Purchasing and Inventory 34,441,600 CRC
Supply Chain Coordinator Purchasing and Inventory 25,440,400 CRC
Supply Chain Development Manager Purchasing and Inventory 44,280,500 CRC
Supply Chain Director Purchasing and Inventory 53,158,700 CRC
Supply Chain Manager Purchasing and Inventory 52,201,800 CRC
Supply Planner Purchasing and Inventory 25,079,200 CRC
Warehouse Assistant Purchasing and Inventory 10,032,600 CRC
Warehouse Clerk Purchasing and Inventory 10,333,800 CRC
Warehouse Executive Purchasing and Inventory 44,040,700 CRC
Warehouse Lead Purchasing and Inventory 27,241,100 CRC
Warehouse Manager Purchasing and Inventory 45,719,900 CRC
Warehouse Supervisor Purchasing and Inventory 30,240,200 CRC
Wholesale Buyer Purchasing and Inventory 38,039,000 CRC

Salary Comparison by City

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

City Average Salary
San Jose 26,158,200 CRC

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