Salary for Cost Estimators
Also known as: Construction Estimator, Construction Job Cost Estimator, Crating and Moving Estimator, Electrical Estimator, Job Estimator, Production Cost Estimator
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Individuals in this occupation prepare cost estimates for the manufacturing of goods, construction of structures, or provision of services. Their job allows management to determine appropriate prices or bids for particular goods and services. These individuals are well-versed in industry terminology, communicate with clients, suppliers, architects, engineers and other personnel, and develop a significant knowledge base before creating their estimates. As a result, many specialize in specific industries. Many also conduct studies and work to decrease production cost whenever possible. The majority of individuals in this profession have four-year college degrees, although some do not.A Cost Estimator usually receives a compensation in a range of $40,380 - $114,360 based on the level of seniority. can get wages of seventy-two thousand nine hundred and sixty dollars yearly.
are paid most highly in District of Columbia, where they earn average wages of close to about $104,840. These people are compensated the highest in Utilities, where they earn salary pay of $92,200.
The annual compensation for this career has gone up since 2004. Salaries have increased by an average of 35.38 percent nationwide in that time.
Cost Estimators tend to make the most in the following industries:
In general, they earn less within the industries below: