The salary statistics of cost estimators in the industry sector of manufacturing are shown in Table 1. In Table 2 we compare cost estimator salaries in different industries within the manufacturing sector.
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $38,000 |
| 25th Percentile Wage | $48,420 |
| 50th Percentile Wage | $61,320 |
| 75th Percentile Wage | $78,500 |
| 90th Percentile Wage | $99,990 |
Table 1 shows the average annual salary for cost estimators in the industry sector of manufacturing. 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 $99,990. The median annual salary (50th percentile) is $61,320. The average annual salary for the bottom 10 percent paid cost estimators is $38,000.
The table and chart below show the trend of the median salary of cost estimators in the industry sector of manufacturing from 2012 to 2018.
| Year | Median Salary | Yearly Growth | 6-Year Growth |
|---|---|---|---|
| 2018 | $61,320 | 1.44% | 8.19% |
| 2017 | $60,440 | 2.38% | - |
| 2016 | $59,000 | 2.59% | - |
| 2015 | $57,470 | 0.64% | - |
| 2014 | $57,100 | 1.89% | - |
| 2013 | $56,020 | -0.50% | - |
| 2012 | $56,300 | - | - |
The average salaries of cost estimators in 28 industries in the manufacturing 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 motor vehicle manufacturing industry with an annual salary $71,280. The lowest paying industry is the cutlery and handtool manufacturing industry (annual salary $49,100). For detailed cost estimator salary information in a particular industry, use the links provided below.
Data source: The national compensation survey conducted by the U.S. Bureau of Labor Statistics (BLS) in 2018 and published in April 2019 [1].