Cost estimators: Salary, Job Outlook, Education and Career Path

Prepare cost estimates for product manufacturing, construction projects, or services to aid management in bidding on or determining price of product or service. May specialize according to particular service performed or type of product manufactured.

Short answer: Cost estimators earn a national median annual wage of $78,740 (BLS, May 2025). Employment is projected to change -3.1% from 2025 to 2035 (all occupations: +3.5%), with about 17,600 openings per year. The typical entry credential is bachelor's degree.

Median annual wage
$78,740
May 2025 Verified data
Projected change
-3.1%
2025 to 2035 Official projection
Openings per year
17,600
Average, 2025 to 2035 Official projection
Employment
224,220
OEWS, May 2025 Verified data

Cost estimators salary

$0$50K$100KUnited States$78,740
National annual wages for cost estimators, May 2025: 10th percentile $48,530, 25th $61,150, median $78,740, 75th $101,850, 90th $130,820. The bar spans the 25th to 75th percentile, the thin line spans the 10th to 90th percentile, and the red mark is the median.
MeasureAnnualHourly
10th percentile$48,530$23.33
Median (50th percentile)$78,740$37.86
Mean (average)$85,390$41.06
90th percentile$130,820$62.90

These wages describe everyone employed in the occupation, from new entrants to experienced workers. They are not starting salaries and not earnings of graduates from any particular program. Verified data

Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025, National. May 2025 reference period. Published April 30, 2026. Retrieved October 18, 2026. Methodology.

Cost estimators pay by state and metro area

$47.1K$101K
Median annual wage for cost estimators by state, May 2025. Highest: Massachusetts at $100,840. States in gray have no published estimate.
Table: median wage and employment for all 53 states and territories
StateMedian10th pct90th pctEmploymentLocation quotient
Alabama$74,990$42,400$118,1603,0000.98
Alaska$97,020$52,020$163,7402200.46
Arizona$77,010$37,440$127,8805,7601.23
Arkansas$61,470$38,480$110,0401,4000.75
California$85,460$51,750$150,79026,0200.99
Colorado$86,940$58,890$137,5206,1001.47
Connecticut$81,030$50,020$136,8302,3500.96
Delaware$79,290$49,580$108,2807301.05
District of Columbia$82,730$66,720$127,5202700.27
Florida$74,990$44,200$128,05013,7200.96
Georgia$76,800$46,600$128,4206,0100.85
Guam$63,350$41,450$106,650700.7
Hawaii$80,360$46,030$139,3801,0401.15
Idaho$79,700$48,200$137,5301,6001.3
Illinois$82,750$49,200$136,5905,9900.68
Indiana$73,430$50,630$106,6404,8101.04
Iowa$76,040$48,740$118,4101,8700.83
Kansas$76,250$48,860$118,3102,2501.09
Kentucky$74,880$46,410$119,5301,9600.68
Louisiana$77,030$43,840$125,0502,6800.96
Maine$74,080$41,450$123,0407600.83
Maryland$81,190$50,660$130,9704,5801.15
Massachusetts$100,840$58,870$151,7804,5200.86
Michigan$77,990$46,660$125,5206,9601.1
Minnesota$80,810$56,640$125,3704,3101.01
Mississippi$71,230$41,600$118,0401,2800.76
Missouri$76,020$44,840$128,2706,5801.55
Montana$77,320$50,120$106,7401,2301.67
Nebraska$73,100$50,040$105,6401,3300.9
Nevada$82,200$49,200$132,3502,2401
New Hampshire$79,560$51,640$129,0309800.99
New Jersey$80,570$50,390$137,0805,2400.85
New Mexico$67,590$38,960$109,6109000.72
New York$80,430$52,000$139,69011,9800.86
North Carolina$74,730$43,580$123,2408,0301.13
North Dakota$73,280$52,730$104,0507301.18
Ohio$77,730$48,750$124,9908,1001.01
Oklahoma$67,800$42,700$104,7501,8600.76
Oregon$80,460$49,970$133,4602,9401.04
Pennsylvania$78,480$49,570$126,6209,4201.08
Puerto Rico$47,130$29,200$79,9905600.41
Rhode Island$81,990$60,180$130,7405900.82
South Carolina$70,260$46,970$119,5902,8800.87
South Dakota$74,950$57,110$129,5601,0301.56
Tennessee$75,650$42,440$120,9904,3400.92
Texas$76,980$45,760$132,31020,7601.02
Utah$79,610$51,740$126,8002,8001.12
Vermont$81,390$56,600$113,2303200.73
Virginia$80,530$49,820$129,3305,8400.99
Washington$86,070$59,650$141,5407,4701.46
West Virginia$77,480$42,730$122,4508300.82
Wisconsin$76,270$50,890$111,5305,1501.21
Wyoming$90,790$52,680$108,4904401.09

A location quotient above 1 means the occupation is more concentrated in that state than in the nation overall.

Metro areas with the most jobs

New York-Newark-Jersey City, NY-NJ11,610
Los Angeles-Long Beach-Anaheim, CA7,600
Dallas-Fort Worth-Arlington, TX6,200
Houston-Pasadena-The Woodlands, TX5,660
Chicago-Naperville-Elgin, IL-IN4,610
Phoenix-Mesa-Chandler, AZ4,380
Seattle-Tacoma-Bellevue, WA4,340
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD4,190
Washington-Arlington-Alexandria, DC-VA-MD-WV3,780
Atlanta-Sandy Springs-Roswell, GA3,740

Highest paying metro areas

Boston-Cambridge-Newton, MA-NH$102,640
San Francisco-Oakland-Fremont, CA$101,630
San Jose-Sunnyvale-Santa Clara, CA$97,580
Santa Rosa-Petaluma, CA$95,650
Seattle-Tacoma-Bellevue, WA$94,490
Norwich-New London-Willimantic, CT$92,600
Worcester, MA$92,570
Denver-Aurora-Centennial, CO$89,820
Fort Collins-Loveland, CO$89,540
Washington-Arlington-Alexandria, DC-VA-MD-WV$89,330
Among metro areas with at least 100 workers in this occupation.
Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025, State. May 2025 reference period. Published April 30, 2026. Retrieved October 18, 2026. Methodology.
Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025, Metropolitan areas. May 2025 reference period. Published April 30, 2026. Retrieved October 18, 2026. Methodology.

Job outlook for cost estimators

2025 (actual)226,4002035 (projected)219,500
BLS projects employment of cost estimators to go from 226,400 in 2025 to 219,500 in 2035, a change of -3.1% (-6,900 jobs). All occupations are projected to grow +3.5%.
  • Average annual openings, 2025 to 2035: 17,600. Openings include new jobs plus replacement needs when workers retire or leave the occupation. Official projection
  • Share of workers who are self-employed (2025): 1.3%.
  • Read the official BLS Occupational Outlook Handbook profile.

These are official BLS projections. ConnectPrep does not alter them or present its own forecasts as official statistics.

Source: U.S. Bureau of Labor Statistics, Employment Projections, Table 1.2: Occupational projections, 2025-35, and worker characteristics, 2025. Base year 2025, projected year 2035. Published August 27, 2026. Retrieved October 18, 2026. Methodology.

Education and training for cost estimators

Typical entry education
Bachelor's degree
Related work experience
None
On-the-job training
Moderate-term on-the-job training
O*NET Job Zone
Job Zone Four: Considerable Preparation Needed

Highest education of people working in this occupation

Less than high school3.1%
High school diploma21.8%
Some college, no degree23.4%
Associate's degree12.8%
Bachelor's degree32.7%
Master's degree5.2%
Doctoral or professional1%
Share of workers age 25 and over by highest education completed, 2023-24. The most common level is a bachelor's degree (32.7%).
Source: U.S. Bureau of Labor Statistics, Employment Projections, Education and training tables 5.1 to 5.4. Attainment 2023-24 (ACS); wages 2025; projections 2025-35. Published August 27, 2026. Retrieved October 18, 2026. Methodology.

O*NET describes this preparation level as: Most of these occupations require a four-year bachelor's degree, but some do not.

Degrees and programs that lead to this career

Programs officially mapped to this occupation in the NCES and BLS CIP to SOC crosswalk. A mapping means the program commonly prepares students for the occupation, not that every graduate works in it. Official crosswalk

Source: National Center for Education Statistics and U.S. Bureau of Labor Statistics, CIP 2020 to SOC 2018 Crosswalk. CIP 2020 and SOC 2018 taxonomies. Published April 30, 2020. Retrieved October 18, 2026. Methodology.

Skills, knowledge, and daily work

Most important skills

Reading Comprehension4.0
Mathematics4.0
Speaking3.9
Active Listening3.8
Critical Thinking3.8
Writing3.5
Active Learning3.3
Monitoring3.0
O*NET importance rating on a 1 to 5 scale.

Most important knowledge areas

Mathematics4.4
Economics and Accounting4.0
Computers and Electronics3.5
Engineering and Technology3.4
Building and Construction3.3
Administration and Management3.2
English Language3.2
Design3.1
O*NET importance rating on a 1 to 5 scale.

Typical tasks

  • Analyze blueprints and other documentation to prepare time, cost, materials, and labor estimates.
  • Confer with engineers, architects, owners, contractors, and subcontractors on changes and adjustments to cost estimates.
  • Collect historical cost data to estimate costs for current or future products.
  • Assess cost effectiveness of products, projects or services, tracking actual costs relative to bids as the project develops.
  • Consult with clients, vendors, personnel in other departments, or construction foremen to discuss and formulate estimates and resolve issues.
  • Establish and maintain tendering process, and conduct negotiations.
  • Prepare estimates for use in selecting vendors or subcontractors.
  • Prepare estimates used by management for purposes such as planning, organizing, and scheduling work.

Technology skills

  • Microsoft Excel (in demand)
  • Microsoft Office software (in demand)
  • Microsoft Outlook (in demand)
  • ConstructConnect PlanSwift (in demand)
  • On Center On-Screen Takeoff (in demand)
  • Adobe Acrobat (hot technology)
  • Autodesk AutoCAD (hot technology)
  • Autodesk Revit (hot technology)
  • Intuit QuickBooks (hot technology)
  • Microsoft Access (hot technology)
  • Microsoft PowerPoint (hot technology)
  • Microsoft Project (hot technology)
  • Microsoft Visio (hot technology)
  • Microsoft Word (hot technology)
  • Oracle Primavera Enterprise Project Portfolio Management (hot technology)
  • Procore software (hot technology)

Transferable skills for career changers: Judgment and Decision Making, Complex Problem Solving, Social Perceptiveness, Coordination, Management of Financial Resources, Persuasion.

Common job titles: Acquisition Cost Estimator, Analyst, Construction Estimator, Cost Analyst, Cost Consultant, Cost Engineer, Cost Estimating Analyst, Cost Estimator, Estimating Specialist, Estimator.

This page includes information from the O*NET 31.0 Database by the U.S. Department of Labor, Employment and Training Administration (USDOL/ETA). Used under the CC BY 4.0 license. O*NET is a trademark of USDOL/ETA. ConnectPrep has modified all or some of this information. USDOL/ETA has not approved, endorsed, or tested these modifications.
Source: National Center for O*NET Development for USDOL/ETA, O*NET 31.0 Database (August 2026 release). Database release 31.0, August 2026; element dates vary by occupation. Published August 25, 2026. Retrieved October 18, 2026. Methodology.

Is it worth it? Model the cost of getting there

Use the ROI calculator to compare the cost of the education this career usually requires against staying on your current path. It starts from the official wage distribution above, and you can change every assumption.

Frequently asked questions

How much do cost estimators make?

The national median annual wage for cost estimators was $78,740 in May 2025, according to the BLS Occupational Employment and Wage Statistics program. The lowest paid 10 percent earned less than $48,530 and the highest paid 10 percent earned more than $130,820. These figures cover all workers in the occupation, not only new entrants.

What education do cost estimators need?

BLS lists bachelor's degree as the typical education needed to enter this occupation, with none of related work experience and moderate-term on-the-job training on-the-job training typically needed to become competent.

Is cost estimators a growing career?

BLS projects employment of cost estimators to change -3.1% from 2025 to 2035, compared with +3.5% for all occupations. About 17,600 openings are projected each year on average, including openings from workers who retire or change occupations.

Which states pay cost estimators the most?

By median annual wage in May 2025, the highest paying states were Massachusetts ($100,840), Alaska ($97,020), Wyoming ($90,790). Pay differences partly reflect differences in living costs.

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