Salary for Cost Estimators

Also known as:  Construction Estimator, Construction Job Cost Estimator, Crating and Moving Estimator, Electrical Estimator, Job Estimator, Production Cost Estimator

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Individuals in this occupation prepare cost estimates for the manufacturing of goods, construction of structures, or provision of services. Their job allows management to determine appropriate prices or bids for particular goods and services. These individuals are well-versed in industry terminology, communicate with clients, suppliers, architects, engineers and other personnel, and develop a significant knowledge base before creating their estimates. As a result, many specialize in specific industries. Many also conduct studies and work to decrease production cost whenever possible. The majority of individuals in this profession have four-year college degrees, although some do not.

A Cost Estimator will normally get a pay level between 48000 and 72000 based on levels of tenure. Cost Estimators will normally receive a wage of Sixty Two Thousand One Hundred dollars on a yearly basis.

Cost Estimators have the best average pay in the District of Columbia, where they receive average compensation of approximately $77370. These professionals have the highest average potential salary in Utilities, where they earn normal pay levels of $71760.

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The national wage distribution is shown below. To overlay local salaries for a Cost Estimator, please select your state.
ANNUAL SALARY
HOURLY RATE
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SALARY TREND
The annual compensation for this career has gone up since 2004. Salaries have increased by an average of 15.20 percent nationwide in that time.
INDUSTRIES
Cost Estimators tend to make the most in the following industries
Professional, Scientific, and Technical Services $71,760
Utilities $71,350
Mining, Quarrying, and Oil and Gas Extraction $71,310
Management of Companies and Enterprises $67,860
Information $66,150
Real Estate and Rental and Leasing $65,940
In general, they earn less within the industries below
Accommodation and Food Services $38,460
Other Services (except Public Administration) $52,370
Health Care and Social Assistance $52,970
Wholesale Trade $54,920
Retail Trade $56,100
Transportation and Warehousing $56,580
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