Career Profile

Cost Estimator

Education Bachelor's
This is the typical education required for this occupation.
Earnings $75,400
This is the median salary for this occupation.

Cost estimators collect and analyze data in order to estimate the time, money, materials, and labor required to make a product or provide a service.

General Information

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.

Training Funds Available

This is a Rural Capital Area Target Occupation.
Training and education opportunities are available with eligible providers throughout the state.

Cost Estimator

Occupational Outlook

For the Rural Capital Area

94

Job Opportunities

Over the next five years, an average of 94 openings per year are projected for Cost Estimator.

+12.8%

Employment Change

Employment for Cost Estimator is forecasted to increase on par with the regional average by 12.8% between 2025 and 2030.

$36.25

Earnings Potential

The typical worker in this occupation is paid $36.25/hour. Entry level workers are paid $21.15, while experienced workers are paid $47.79. The median wage is significantly above the wage across all occupations.

Local Employment Opportunities

There are 850 Cost Estimator in the Rural Capital Area region. By 2030 this number could reach 959.

Top Employing Industries, Locally

The top industries employing Cost Estimator are Residential Building Construction, Other Specialty Trade Contractors, and Building Finishing Contractors.

Knowledge Areas

The top most significant knowledge categories for Cost Estimator include Mathematics, Economics and Accounting, and Computers and Electronics.

Educational Attainment Patterns

The most common level of education for Cost Estimator is Bachelor's. 51% of people employed in these roles have some form of college degree.