$54,046
Avg. Salary
$19.63
Avg. Hourly Rate

Average additional compensation:

$1,900

Bonus

$1,948

Profit Sharing

$4,960

Commission

What am I worth?
How should I pay?

The average pay for a Cost Estimator is $19.63 per hour.

The average pay for a Cost Estimator is $54,046 per year.

10%
$13.56
10%
$19.63
50%
$28.85
90%
90%
MEDIAN $19.63
10%
$39k
10%
$54k
50%
$85k
90%
90%
MEDIAN $54,046
$39,082 - $84,542
$39K
$54K
$85K
MEDIAN: $54,046
10%
50%
90%

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$13.56 - $28.85
$14
$20
$29
MEDIAN: $19.63
10%
50%
90%

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$0$84K
Salary $39,082 - $84,542
Bonus $49.32 - $7,623
Profit Sharing $0.79 - $5,212
Commission $1,987 - $20,134
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).
)
$34,046 - $81,279
  • Country: United States
  • Currency: USD
  • Updated: 16 Apr 2019
  • Individuals Reporting: 1,159
Hourly Data $0$40
Hourly Rate $13.56 - $28.85
Overtime $19.01 - $40.79
Annual Data $0$81K
Bonus $49.32 - $7,623
Commission $1,987 - $20,134
Profit Sharing $0.79 - $5,212
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).
)
$34,046 - $81,279
  • Country: United States
  • Currency: USD
  • Updated: 16 Apr 2019
  • Individuals Reporting: 490

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
  • 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 Pay By Employer

$0$118K

$70,644

$109,027

Common Career Paths for Cost Estimator


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While Cost Estimators rarely become Senior Estimators, the job pays $82K per year on average. Becoming a Construction Estimator is, more often than not, the most common role that Cost Estimators move into when they're ready for the next step in their career. The average salary for the position is $52K. Another frequent advance is for Cost Estimators to assume a Production Estimator role; in this role, workers often earn $46K.

Cost Estimator Job Listings

Popular Skills for Cost Estimator


Cost Estimators report using a diverse set of skills on the job. Most notably, skills in Financial Analysis, Data Analysis, Construction Estimating, and Cost Accounting are correlated to pay that is above average. Skills that pay less than market rate include AutoCAD and Blueprints. Those familiar with Blueprints also tend to know Microsoft Office and Construction Estimating.

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: $51,439

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

Cost Estimators will find that San Francisco offers an impressive pay rate, one which exceeds the national average by 42 percent. Cost Estimators can also look forward to large paychecks in cities like Detroit (+41 percent), Washington (+36 percent), Houston (+30 percent), and San Diego (+27 percent). Akron is the lowest-paying area, 12 percent south of the national average.

Cost Estimator Reviews

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

Cost Estimator in Atlanta:
"High speed low drag."
Pros: the opportunities
Cons: My Boss

Cost Estimator in Hebron:
"Traffic."
Pros: Close enough to home
Cons: Amazon traffic during the holidays.

Cost Estimator in Elk Grove Village:
"Estimating Worth."
Pros: Watching a product being manufactured from start to finish and estimating accordingly.
Cons: Office/Desk Bound

Cost Estimator:
Nautilus was a good experience. The people that worked there made things better. Compensation isn't a priority to them, and they lose good people because of that. No proper training makes things stressful.

Cost Estimator in Los Angeles:
"Good, California is the best place in so many fields."
Pros: I literally love los angeles for everything.
Cons: traffic

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

Cost Estimator in Seattle:
"Cost Estimator / Manufacturing."
Great job / lot of variety.

Related Job Salaries

Key Stats for Cost Estimator

Gender

Female
26 %
Male
74 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 315 votes.
Less than 1 year
7%
1-4 years
42%
5-9 years
19%
10-19 years
20%
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 315 votes.

Gender

Female
26 %
Male
74 %

Years of Experience

Less than 1 year
7%
1-4 years
42%
5-9 years
19%
10-19 years
20%
20 years or more
12%

Common Health Benefits

medical benefits
Medical: 77%
dental benefits
Dental: 63%
vision benefits
Vision: 52%
no benefits
None: 22%