Cost Estimator Salary

A Cost Estimator earns an average salary of $52,781 per year.
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$39,248 - $87,169
$39K
$54K
$87K
MEDIAN: $53,858
10%
50%
90%

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$12.90 - $27.82
$13
$20
$28
MEDIAN: $19.62
10%
50%
90%

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$0$87K
Salary $39,248 - $87,169
Bonus $0.00 - $7,295
Profit Sharing $0.00 - $5,106
Commission $1,510 - $19,866
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).
)
$33,886 - $82,932
  • Country: United States
  • Currency: USD
  • Updated: 18 Nov 2017
  • Individuals Reporting: 587
Hourly Data $0$40
Hourly Rate $12.90 - $27.82
Overtime $18.28 - $40.30
Annual Data $0$82K
Bonus $0.00 - $7,295
Commission $1,510 - $19,866
Profit Sharing $0.00 - $5,106
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).
)
$33,886 - $82,932
  • Country: United States
  • Currency: USD
  • Updated: 18 Nov 2017
  • Individuals Reporting: 253

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.

Common Career Paths for Cost Estimator


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Cost Estimator Job Listings

Popular Employer Salaries for Cost Estimator

Popular Skills for Cost Estimator

Pay by Experience Level for Cost Estimator

Pay by Experience for a Cost Estimator has a positive trend. An entry-level Cost Estimator with less than 5 years of experience can expect to earn an average total compensation of $46,000 based on 435 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Cost Estimator with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $55,000 based on 216 salaries. An experienced Cost Estimator which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $59,000 based on 185 salaries. A Cost Estimator with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $60,000 based on 96 salaries.

Pay Difference by Location

National Average: $51,406

Larger city markers indicate a job is popular in that location.

Cost Estimator Reviews

Q: What is it like working as a Cost Estimator?

Cost Estimator in Jacksonville:
"Rewarding."
Pros: Returning homeowners back to their original state after disaster occurs.
Cons: Using my phone constantly.

Related Job Salaries

Key Stats for Cost Estimator

Gender

Female
25 %
Male
75 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 149 votes.
Less than 1 year
9%
1-4 years
38%
5-9 years
20%
10-19 years
21%
20 years or more
12%

Experience Affects Cost Estimator Salaries

▲17%

▲14%

▲7%

National Average
$51,000

▼10%

Skills That Affect Cost Estimator Salaries






National Average
$51,000

Microsoft Excel
▼1%



▼4%

▼9%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 149 votes.

Gender

Female
25 %
Male
75 %

Years of Experience

Less than 1 year
9%
1-4 years
38%
5-9 years
20%
10-19 years
21%
20 years or more
12%

Common Health Benefits

medical benefits
Medical: 76%
dental benefits
Dental: 63%
vision benefits
Vision: 52%
no benefits
None: 22%