Cost Estimator Salary in Sector of Finance and Insurance

The salary statistics of cost estimators in the industry sector of finance and insurance are shown in Table 1. In Table 2 we compare cost estimator salaries in different industries within the finance and insurance sector.

Average Annual Salary of Cost Estimators

Percentile BracketAverage Annual Salary
10th Percentile Wage
$41,070
25th Percentile Wage
$51,990
50th Percentile Wage
$69,690
75th Percentile Wage
$88,840
90th Percentile Wage
$104,520

Table 1 shows the average annual salary for cost estimators in the industry sector of finance and insurance. The salaries are shown in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) cost estimators is $104,520. The median annual salary (50th percentile) is $69,690. The average annual salary for the bottom 10 percent paid cost estimators is $41,070.

Salary Trend (2012 to 2016)

The following table and chart show the trend of the median salary of cost estimators in the industry sector of finance and insurance from 2012 to 2016.

YearMedian SalaryYearly Growth4-Year Growth
201669,69011.48%15.08%
201561,6900.55%-
201461,3503.52%-
201359,1900.02%-
201259,180--

Compare Cost Estimator Salary in Different Industries within the Finance and Insurance Sector

The average salaries of cost estimators in nine industries in the finance and insurance sector are shown below. We note that within this industry sector, the salaries vary among different industries. The highest paying industry for cost estimator occupations is the securities, commodity contracts, and other financial investments and related activities industry with an annual salary $80,640. The lowest paying industry is the direct insurance (except life, health, and medical) carriers industry (annual salary $57,570). For detailed cost estimator salary information in a particular industry, use the links provided below.

Industry Name Median Annual Salary
Securities, Commodity Contracts, and Other Financial Investments and Related Activities
$80,640
Credit Intermediation and Related Activities
$78,870
Other Insurance Related Activities
$71,420
Agencies, Brokerages, and Other Insurance Related Activities
$70,470
Nondepository Credit Intermediation
$69,790
Insurance Carriers and Related Activities
$67,300
Insurance Carriers
$65,240
Insurance Agencies and Brokerages
$64,050
Direct Insurance (except Life, Health, and Medical) Carriers
$57,570

Data source: The national compensation survey conducted by the U.S. Bureau of Labor Statistics (BLS) in 2016 and published in April 2017 [1].




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Highest paying industries for cost estimators.