Avg. Base Salary (USD)
The average salary for a Cost Estimator is $61,620
What is the Pay by Experience Level for Cost Estimators?
An entry-level Cost Estimator with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $53,156 based on 73 salaries. An early career Cost Estimator with 1-4 years of experience earns an average total compensation of $58,678 based on 665 salaries. A mid-career …Read more
What Do Cost Estimators Do?
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 …Read more
How do Cost Estimators Rate Their Jobs?
FAQs About Cost Estimators
What is the highest pay for Cost Estimators?
Our data indicates that the highest pay for a Cost Estimator is $92k / year
What is the lowest pay for Cost Estimators?
Our data indicates that the lowest pay for a Cost Estimator is $44k / year
How can Cost Estimators increase their salary?
Increasing your pay as a Cost Estimator is possible in different ways. Change of employer: Consider a career move to a new employer that is willing to pay higher for your skills. Level of Education: Gaining advanced degrees may allow this role to increase their income potential and qualify for promotions. Managing Experience: If you are a Cost Estimator that oversees more junior Cost Estimators, this experience can increase the likelihood to earn more.