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Cost Estimator Salary Information in Minnesota

The average annual and hourly salaries for cost estimators in the state of Minnesota are shown in Table 1 and Table 2, respectively. The comparison of the salary statistics of cost estimators among Minnesota metropolitan areas is shown in Table 3. The salary statistics are based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2016 and published in April 2017 [1].

Table 1 & 2. Annual & Hourly Salary of Cost Estimators in Minnesota

Percentile BracketAverage Annual Salary
10th Percentile Wage
$36,870
25th Percentile Wage
$47,610
50th Percentile Wage
$60,340
75th Percentile Wage
$74,430
90th Percentile Wage
$90,520

Table 1 shows the average annual salary for cost estimators in Minnesota in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $90,520. The median (50th percentile) annual salary is $60,340. The average annual salary for the bottom 10 percent is $36,870.

Percentile BracketAverage Hourly Salary
10th Percentile Wage
$17.73
25th Percentile Wage
$22.89
50th Percentile Wage
$29.01
75th Percentile Wage
$35.78
90th Percentile Wage
$43.52

Table 2 shows the average hourly salary for cost estimators in Minnesota in 5 percentile scales. The average hourly salary for the 90th percentile is $43.52. The median hourly salary is $29.01. The average hourly salary for the bottom 10 percent is $17.73.

Salary Trend (2012 to 2016)

The following table and chart show the trend of the median salary of cost estimators from 2012 to 2016.

YearMedian SalaryYearly Growth4-Year Growth
201660,3402.88%5.50%
201558,600-0.80%-
201459,070-0.46%-
201359,3403.91%-
201257,020--

Table 3. Median Annual Salary of Cost Estimators in Minnesota Cities

Table 3 shows the median annual salary of cost estimators in some Minnesota cities and metropolitan areas. We note that the median annual salary of cost estimators in state of Minnesota ranges from $45,080 to $61,750. The highest paying area for cost estimators in Minnesota is Rochester with a median annual salary of $61,750. The second highest paying city/area in Minnesota State is Northeast Minnesota nonmetropolitan area (mean annual salary $54,730). The lowest paying area is Northwest Minnesota nonmetropolitan area with a median annual salary of $45,080.

Cities/Areas Median Annual Salary
Rochester
$61,750
Northeast Minnesota nonmetropolitan area
$54,730
Southwest Minnesota nonmetropolitan area
$51,310
Mankato-North Mankato
$50,250
Southeast Minnesota nonmetropolitan area
$48,860
St Cloud
$48,020
Northwest Minnesota nonmetropolitan area
$45,080



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