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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 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 2017 and published in April 2018 [1].

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

Percentile BracketAverage Annual Salary
10th Percentile Wage
$38,560
25th Percentile Wage
$49,690
50th Percentile Wage
$62,220
75th Percentile Wage
$77,570
90th Percentile Wage
$98,770

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 $98,770. The median (50th percentile) annual salary is $62,220. The average annual salary for the bottom 10 percent is $38,560.

Salary Trend (2012 to 2017)

The table and chart below show the trend of the median salary of cost estimators from 2012 to 2017.

YearMedian SalaryYearly Growth5-Year Growth
2017
$62,220
3.02% 8.36%
2016
$60,340
2.88% -
2015
$58,600
-0.80% -
2014
$59,070
-0.46% -
2013
$59,340
3.91% -
2012
$57,020
- -

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 $48,920 to $58,810. The highest paying area for cost estimators in Minnesota is Rochester with a median annual salary of $58,810. The second highest paying city/area in Minnesota State is Northeast Minnesota nonmetropolitan area (mean annual salary $58,010). The lowest paying area is Northwest Minnesota nonmetropolitan area with a median annual salary of $48,920.

Cities/Areas Median Annual Salary
Rochester
$58,810
Northeast Minnesota nonmetropolitan area
$58,010
Southwest Minnesota nonmetropolitan area
$57,940
Mankato-North Mankato
$56,010
Southeast Minnesota nonmetropolitan area
$54,790
St Cloud
$48,990
Northwest Minnesota nonmetropolitan area
$48,920




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