£27,531
Avg. Salary
£8.00
Avg. Hourly Rate
Help us gather more data! Is Cost Estimator your job title? Find out what you're worth.

The average pay for a Cost Estimator is £8.00 per hour.

The average pay for a Cost Estimator is £27,531 per year.

£5.87
10%
£8.00
50%
£45.31
90%
MEDIAN £8.00
£18k
10%
£28k
50%
£38k
90%
MEDIAN £27,531
£18,188 - £37,795
£18K
£28K
£38K
MEDIAN: £27,531
10%
50%
90%
£5.87 - £45.31
£8
MEDIAN: £8.00
50%
£0£38K
Salary £18,188 - £37,795
Bonus £0.00 - £3,452
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).
)
£17,257 - £38,024
  • Country: United Kingdom
  • Currency: GBP
  • Updated: 20 Feb 2019
  • Individuals Reporting: 81
Hourly Data £0£45
Hourly Rate £8.00
Overtime £21.15
Annual Data £0£38K
Bonus £0.00 - £3,452
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).
)
£17,257 - £38,024
  • Country: United States
  • Currency: GBP
  • Updated: 20 Feb 2019
  • Individuals Reporting: 5

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
  • 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.
  • 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.

Cost Estimator Job Listings

Key Stats for Cost Estimator

Gender

Female
5 %
Male
93 %
Less than 1 year
1%
1-4 years
52%
5-9 years
19%
10-19 years
20%
20 years or more
8%

Experience Affects Cost Estimator Salaries

Mid-Career
▲20%

Experienced
▲10%

National Average
₤27,000

Entry-Level
▼19%

Gender

Female
5 %
Male
93 %

Years of Experience

Less than 1 year
1%
1-4 years
52%
5-9 years
19%
10-19 years
20%
20 years or more
8%

Common Health Benefits

medical benefits
Medical: 20%
dental benefits
Dental: 11%
vision benefits
Vision: 22%
no benefits
None: 69%