A Cost Estimator earns an average salary of $51,130 per year. A skill in Financial Analysis is associated with high pay for this job.
Cost Estimator Total Pay (?
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.
)
$35,795 - $81,899
(Median)
36K
43K
51K
65K
82K
MEDIAN: $51,130
10%
25%
50%
75%
90%
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Cost Estimator Total Pay (?
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.
)
$12.72 - $27.68
(Median)
13
18
22
28
MEDIAN: $17.00
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
$35,795 - $81,899  
   
Bonus
$0.00 - $5,775  
Profit Sharing
$298.80 - $4,938  
Commission
$0.00 - $17,500  
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).
)
$31,988 - $80,579  
PayScale
Country: United States | Currency: USD | Updated: 21 Apr 2014 | Individuals Reporting: 1,252
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
$12.72 - $27.68  
   
Overtime
$17.52 - $38.38  
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 - $5,775  
   
Commission
$0.00 - $17,500  
Profit Sharing
$298.80 - $4,938  
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).
)
$31,988 - $80,579  
PayScale
Country: United States | Currency: USD | Updated: 21 Apr 2014 | Individuals Reporting: 1,252
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Cost Estimator Job Listings

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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.
Read more about: Cost Estimators
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
Detroit
up arrow 50%
San Francisco
up arrow 40%
Seattle
up arrow 40%
up arrow 27%
New York
up arrow 14%
San Diego
up arrow 12%
St. Louis
up arrow 9%
up arrow 5%
up arrow 3%
Minneapolis
up arrow 3%
Louisville
up arrow 2%
National Average
$50,000
Los Angeles
up arrow 4%
Indianapolis
up arrow 10%
Cincinnati
up arrow 11%
Larger circles over a city indicate a job is popular in that location.
Related Job Salaries

Experience Affects Cost Estimator Salaries

National Average
$50,000

Skills That Affect Cost Estimator Salaries

Microsoft Excel
up arrow 3%
Project Management
up arrow 1%
Microsoft Office
0%
National Average
$50,000
Blueprints
up arrow 3%
Job Satisfaction
Extremely satisfied Image
Extremely satisfied
Rated 5 out of 5 based on 246 votes.
Gender
Female
24%
female alumni
 
Male
76%
male alumni
Years of Experience
Less than 1 year
5%
1-4 years
38%
5-9 years
25%
10-19 years
18%
20 years or more
14%
Common Health Benefits
medical benefits Medical: 80% dental benefits Dental: 62%
vision benefits Vision: 45% employee benefits None: 18%
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United States (change)
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