Cost Estimator Salary (United States)

A Cost Estimator earns an average salary of $51,258 per year. A skill in Financial Analysis is associated with high pay for this job.
Cost Estimator Salary (?
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.
)
$35,857 - $82,784
(Median)
36K
43K
51K
65K
83K
MEDIAN: $51,257
10%
25%
50%
75%
90%
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Cost Estimator Salary (?
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.
)
$12.64 - $28.97
(Median)
13
18
22
29
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
$35,857 - $82,784  
   
Bonus
$0.00 - $5,776  
Profit Sharing
$205.11 - $4,965  
Commission
$0.00 - $14,681  
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).
)
$32,166 - $81,373  
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 835
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
$12.64 - $28.97  
   
Overtime
$17.54 - $41.02  
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 - $5,776  
   
Commission
$0.00 - $14,681  
Profit Sharing
$205.11 - $4,965  
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).
)
$32,166 - $81,373  
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 297
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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.

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

San Francisco
up arrow 45%
Seattle
up arrow 43%
Washington
up arrow 21%
up arrow 19%
San Diego
up arrow 11%
Chicago
up arrow 9%
up arrow 8%
up arrow 7%
New York
up arrow 2%
Minneapolis
0%
National Average
$50,000
Atlanta
up arrow 7%
Fort Worth
up arrow 8%
Milwaukee
up arrow 8%
Akron
up arrow 10%
Larger circles over a city indicate a job is popular in that location.

Related Job Salaries

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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%
up arrow 6%

Job Satisfaction

Extremely satisfied Image
Extremely satisfied
Rated 5 out of 5 based on 236 votes.

Gender

Female
24%
female alumni
 
Male
76%
male alumni

Years of Experience

Less than 1 year
5%
1-4 years
37%
5-9 years
25%
10-19 years
19%
20 years or more
14%

Common Health Benefits

medical benefits Medical: 79% dental benefits Dental: 61%
vision benefits Vision: 46% employee benefits None: 19%