Average Base Pay
27.82% above national average
Additional Cash Compensation
A person in an entry-level Cost Estimators role with under one year of job experience can expect to make an average annual salary of $40,180. A Cost Estimators candidate with 1-4 years of experience makes an average total salary of $46,340. A person in a mid-career Cost Estimators role with 5-9 years of experience makes an average salary of $57,870 a year. Cost Estimators with 10 or more years of experience make an average of $71,510. In their late career (over 20 years of experience), a person in a Cost Estimators role’s annual salary averages $79,810 per year.
|Average base salary (percentile)|
While certifications are not required for every Cost Estimators position, they can certainly increase your salary and lead to an easier recruitment process when applying to enterprises that favor candidates with additional certifications.
The current Bureau of Labor Statistics states the salary is $57,870 higher than the national average for Cost Estimators positions.
Yes, there is strong potential for promotion — either with an additional educational degree or with continued years of experience. There are a multitude of other positions Cost Estimators roles that can advance both internally and with another company.