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Cost Estimator Salary

A Cost Estimator earns an average salary of $51,285 per year. A skill in Financial Analysis is associated with high pay for this job.
$35,436 - $82,546
(Median)
35K
43K
51K
65K
83K
MEDIAN: $51,285
10%
25%
50%
75%
90%

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$12.87 - $29.80
(Median)
13
18
22
30
MEDIAN: $18.00
10%
50%
75%
90%

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National Salary Data

 (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$28K$56K$84K
Salary
$35,436 - $82,546  
   
Bonus
$0.00 - $5,211  
Profit Sharing
$202.03 - $5,039  
Commission
$0.00 - $14,544  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$32,174 - $81,246  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 812
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$14$28$42
Hourly Rate
$12.87 - $29.80  
   
Overtime
$17.90 - $41.55  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$28K$56K$84K
Bonus
$0.00 - $5,211  
   
Commission
$0.00 - $14,544  
Profit Sharing
$202.03 - $5,039  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$32,174 - $81,246  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 295
United States (change)

Job Description for Cost Estimator

Whether the final product is a skyscraper or a tube of toothpaste, most companies need a professional to estimate the production costs for their products. A cost estimator predicts manufacturing price of a product using their analytical and technical skills. Their typical day includes analyzing labor, material, and time requirements for manufacturing proposals or construction blueprints to calculate the costs of production; they may also occasionally visit the site of production. As they are tasked with preparing cost estimates to ensure a projected project can be successfully and efficiently completed, they create cost-estimate reports and often make presentations to other members of the production team. Additionally, a cost estimator normally work alongside other professionals such as designers, architects, contractors, construction managers, and engineers.

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Cost Estimator Tasks

  • Make new cost estimates as project progresses, and discuss changes with engineers, contractors, and clients.
  • Conduct research to determine needs for personnel, machinery, materials, and other factors which affect costs.
  • Produce cost estimates for a project based on project plans and discussions with clients and engineers.
  • Analyze current processes, personnel, and materials to identify methods for reducing costs.

Common Career Paths for Cost Estimator


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Cost Estimator Job Listings

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Popular Skills for Cost Estimator

Pay by Experience Level for Cost Estimator

Median of all compensation (including tips, bonus, and overtime) by years of experience.

Pay Difference by Location

Related Job Salaries

Experience Affects Cost Estimator Salaries




National Average
$50,000


Skills That Affect Cost Estimator Salaries


Construction Estimating
up arrow 4%

Project Management
up arrow 1%

National Average
$50,000

Microsoft Excel
up arrow 1%

Microsoft Office
up arrow 3%

Blueprints
up arrow 4%

AutoCAD
up arrow 4%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 222 votes.

Gender

Female
24 %
Male
76 %

Years of Experience

Less than 1 year
5%
1-4 years
37%
5-9 years
24%
10-19 years
19%
20 years or more
15%

Common Health Benefits

medical benefits Medical: 80% dental benefits Dental: 61%
vision benefits Vision: 47% employee benefits None: 19%