Cost Estimator Salary: How Much Do They Make? (2026)

Median pay, hourly rates, salary ranges, and best-paying states for Cost Estimators — from official U.S. Bureau of Labor Statistics data.

Official BLS wage data · Unknown vintage
Median Salary
$78,740
per year, national
Hourly Rate
$37.86
based on 2,080 hrs/yr
Top 10% Earn
$130,820
entry level starts ~$48,530
Pay Grade
B+
strong pay · 224,000 employed

How much does a Cost Estimator make?

The median pay for a Cost Estimator in the United States is $78,740 per year — about $37.86 per hour. Entry-level positions start near $48,530, while the most experienced Cost Estimators in the top 10% earn $130,820.

That is $17,350 more than the median across all occupations in BLS data ($61,390).

Cost Estimator salary range by percentile

Half of all Cost Estimators earn between $61,150 and $101,850 a year.

Pay levelAnnual salaryHourly rate
10th percentile (entry level)$48,530$23.33
25th percentile (early career)$61,150$29.40
50th percentile (median)$78,740$37.86
75th percentile (experienced)$101,850$48.97
90th percentile (top earners)$130,820$62.89

Highest-paying states for Cost Estimator

Where you work matters more than almost anything else. Massachusetts leads the country for Cost Estimator pay at $100,840 a year, followed by Alaska ($97,020) and Wyoming ($90,790). At the other end, Arkansas posts the lowest median at $61,470 — a gap of $39,370 for the same job, driven by local demand, industry mix, and cost of living.

#StateMedian salaryHourlyvs national
1Massachusetts$100,840$48.48+28%
2Alaska$97,020$46.64+23%
3Wyoming$90,790$43.65+15%
4Colorado$86,940$41.80+10%
5Washington$86,070$41.38+9%

Workforce and education

About 224,000 people work as Cost Estimators in the United States. The mean (average) wage is $85,390 — above the median, which means high earners pull the average up. On qualifications: a bachelor's degree (about 4 years of college) is the standard entry requirement, per O*NET occupation data.

Frequently asked questions

How much does a Cost Estimator make in the United States?
The median Cost Estimator salary in the United States is $78,740 per year, or about $37.86 per hour, according to U.S. Bureau of Labor Statistics estimates. Entry-level pay (10th percentile) starts around $48,530, while the top 10% of earners make $130,820 or more.
How does Cost Estimator pay compare to other jobs?
With a pay grade of B+ (strong pay), the Cost Estimator median of $78,740 is above the national median across all occupations tracked in BLS data ($61,390).
Which state pays Cost Estimators the most?
Massachusetts is the highest-paying state for Cost Estimators, with a median salary of $100,840 per year, based on official state-level BLS wage estimates.
How long does it take to become a Cost Estimator?
Becoming a Cost Estimator typically requires about 4 years of college. A bachelor's degree (about 4 years of college) is the standard entry requirement.
How many Cost Estimators work in the United States?
About 224,000 people were employed as Cost Estimators in the United States in the latest BLS Occupational Employment and Wage Statistics estimates.

Related salaries

Other business & finance roles with similar pay.

Market Research Analysts and Marketing Specialists

$78,760
median pay · 900,000 employed

Logistician

$82,320
median pay · 251,000 employed

Budget Analyst

$91,640
median pay · 47,000 employed

Farm Labor Contractor

$58,460
median pay · specialist role

Tax Preparer

$54,920
median pay · 76,000 employed
Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS), Unknown vintage. Education requirements: O*NET (U.S. Department of Labor). Percentiles, employment, and state figures are official BLS estimates; hourly figures assume 2,080 hours/year. Individual pay varies by employer, experience, and location.