Cost Estimator Salary Information

The salary statistics of cost estimators are shown in Table 1. In the next few tables we compare the average salaries of cost estimators within different industry sectors and in the 50 states of the United States. The cost estimators annual salary statistics are from the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2016 and published in April 2017 [1].

Table 1. Cost Estimator Salary in the United States

Percentile BracketAverage Annual Salary
10th Percentile Wage
$35,870
25th Percentile Wage
$47,330
50th Percentile Wage
$61,790
75th Percentile Wage
$80,570
90th Percentile Wage
$103,250

Table 1 shows the average annual salary for cost estimators. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) cost estimators is $103,250. The median annual salary (50th percentile) is $61,790. The average annual salary for the bottom 10 percent is $35,870. We note that in the United States, the annual salary of the 90th percentile (the top 10 percent of the highest paid) is almost 187% higher than that of the bottom 10 percent.

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
201661,7902.27%4.74%
201560,3900.56%-
201460,0500.98%-
201359,4601.01%-
201258,860--

Table 2. Cost Estimator Salary by Industry Sector

The average salaries of cost estimators in 18 major industry sectors are shown in Table 2. We note that the salaries vary considerably within different industry sectors. The highest paying industry sector for cost estimators occupations is the utilities sector with an annual salary $87,800. The lowest paying sector is the other services (except federal, state, and local government) sector (annual salary $53,450).

Industry Sector Median Annual Salary
Utilities
$87,800
Information
$82,700
Mining
$74,050
Professional, Scientific, and Technical Services
$73,680
Federal, State, and Local Government
$73,590
Management of Companies and Enterprises
$70,350
Finance and Insurance
$69,690
Educational Services
$67,740
Real Estate and Rental and Leasing
$67,010
Construction
$63,360
Health Care and Social Assistance
$62,830
Administrative and Support and Waste Management and Remediation Services
$59,760
Manufacturing
$59,000
Transportation and Warehousing
$58,000
Wholesale Trade
$55,850
Agriculture, Forestry, Fishing and Hunting
$55,530
Retail Trade
$54,180
Other Services (except Federal, State, and Local Government)
$53,450

Table 3. Median Annual Wage of Cost Estimators by States

From the above tables we note that not only cost estimators salaries vary considerably based on one's education and experience, and the industry sectors, they also change considerably from state to state. In the following table we compare the median salary of cost estimators in all 50 states of the United States. We note that the median annual salaries range from $31,060 to $88,110. The highest paying state for cost estimators is Alaska with a median annual salary of $88,110. The lowest paying state is Puerto Rico with a median annual salary of $31,060. For more salary information of cost estimators profession in a specific state, use the links in the table.

State Name Median Annual Salary
Alaska
$88,110
District of Columbia
$83,660
Connecticut
$72,180
Washington
$70,980
Massachusetts
$68,420
California
$68,190
Illinois
$67,610
Kansas
$66,070
New Jersey
$65,580
Wyoming
$65,410
New Hampshire
$65,190
New York
$65,180
Maryland
$65,070
Delaware
$64,620
Rhode Island
$64,040
Texas
$63,940
Missouri
$63,830
Hawaii
$63,540
Colorado
$63,490
Virginia
$62,680
Utah
$62,650
Arizona
$62,430
Pennsylvania
$62,240
Oregon
$62,180
Vermont
$60,820
Minnesota
$60,340
Maine
$59,850
Indiana
$59,660
Michigan
$59,220
Nevada
$58,980
Alabama
$58,860
Georgia
$58,370
Kentucky
$58,220
Ohio
$58,050
Iowa
$57,910
Oklahoma
$57,910
West Virginia
$57,420
North Carolina
$57,350
North Dakota
$57,170
Wisconsin
$56,970
Louisiana
$56,890
Guam
$56,850
Tennessee
$56,460
Florida
$56,370
Nebraska
$55,950
Montana
$55,230
South Carolina
$54,850
Mississippi
$54,650
New Mexico
$53,680
Arkansas
$53,640
Idaho
$53,480
South Dakota
$49,840
Puerto Rico
$31,060



Related:

Highest paying states for cost estimators

Highest paying cities for cost estimators

Highest paying industries for cost estimators.