Cost Estimator Salary (United States)

A Cost Estimator earns an average salary of $50,961 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.
)
$35,587 - $82,336
(Median)
36K
43K
51K
65K
82K
MEDIAN: $50,961
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.
)
$12.83 - $29.25
(Median)
13
18
22
29
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
$35,587 - $82,336  
   
Bonus
$0.00 - $5,817  
Profit Sharing
$293.61 - $4,852  
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).
)
$32,023 - $81,122  
PayScale
Country: United States | Currency: USD | Updated: 11 Jun 2014 | Individuals Reporting: 1,164
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
$12.83 - $29.25  
   
Overtime
$17.96 - $41.23  
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 - $5,817  
   
Commission
$0.00 - $14,544  
Profit Sharing
$293.61 - $4,852  
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).
)
$32,023 - $81,122  
PayScale
Country: United States | Currency: USD | Updated: 11 Jun 2014 | Individuals Reporting: 1,164
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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.
Read More...
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

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

Detroit
up arrow 50%
Seattle
up arrow 42%
Washington
up arrow 23%
up arrow 20%
San Diego
up arrow 15%
St. Louis
up arrow 10%
Chicago
up arrow 10%
up arrow 7%
up arrow 6%
New York
up arrow 6%
Minneapolis
up arrow 3%
National Average
$50,000
Atlanta
up arrow 7%
Fort Worth
up arrow 8%
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

Project Management
up arrow 2%
Microsoft Excel
up arrow 1%
National Average
$50,000
Microsoft Office
up arrow 1%
Blueprints
up arrow 3%
up arrow 5%
Manufacturing Process Engineering
up arrow 13%

Job Satisfaction

Extremely satisfied Image
Extremely satisfied
Rated 5 out of 5 based on 254 votes.

Gender

Female
23%
female alumni
 
Male
77%
male alumni

Years of Experience

Less than 1 year
5%
1-4 years
37%
5-9 years
26%
10-19 years
18%
20 years or more
14%

Common Health Benefits

medical benefits Medical: 80% dental benefits Dental: 61%
vision benefits Vision: 46% employee benefits None: 19%
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