Cost Estimators

Cost Estimators (SOC 13-1051) earn a median $78,740 a year ($37.86 an hour) in the United States, with 224,220 employed as of May 2025; the highest-paying state is Massachusetts.

What cost estimators do

Cost estimators predict what it will cost to build a structure, manufacture a product, or provide a service, so that managers can bid on a job or set a price. Their estimates cover manufactured products, construction projects, and services, and some estimators specialize in a particular service or type of product. Estimators study blueprints, specifications, and other documents to work out the time, materials, and labor needed. They talk through changes and their costs with design professionals, owners, and the trades, use cost records from past jobs to price future ones, and compile the figures into bids or estimates. After a job begins they may track actual costs against the estimate and assess whether a product, project, or service is cost effective. Titles include building estimator, civil estimator, and acquisition cost estimator. The occupation differs from construction managers, who direct the project, from purchasing agents, who buy materials, and from budget analysts, who review organizational budgets. Estimates for choosing vendors or subcontractors are also theirs to prepare, and they establish and maintain the tendering process.

Typical entry: O*NET respondents most often report a bachelor's degree as the typical level of education for this occupation.

Also called: Acquisition Cost Estimator, Analyst, Building Construction Estimator, Building Estimator, Civil Estimator.

National wage percentiles, May 2025

Cost Estimators: US hourly and annual wage percentiles, mean and employment, May 2025
AreaBasisPercentile wageMeanEmployment
10th25thMedian75th90th
United StatesHourly$23.33$29.40$37.86$48.97$62.90$41.06224,220
Annual$48,530$61,150$78,740$101,850$130,820$85,390
$0$50k$100k$150k10th10th: $48,530$48,53025th25th: $61,150$61,150MedianMedian: $78,740$78,74075th75th: $101,850$101,85090th90th: $130,820$130,820
Annual wage at the 10th, 25th, 50th (median), 75th and 90th percentiles. The same numbers are in the table above.

Employment per 1,000 jobs and the location quotient are area measures; they appear in the state and metro tables below. To see what a wage in this range leaves after tax, use FastCalc's take-home pay calculator.

Where cost estimators earn and work most

Five highest-paying states

Cost Estimators: the five states with the highest median wage, May 2025
AreaBasisPercentile wageMeanEmploymentJobs per 1,000Location quotient
10th25thMedian75th90th
MassachusettsHourly$28.30$36.26$48.48$61.25$72.97$50.374,5201.240.86
Annual$58,870$75,420$100,840$127,400$151,780$104,770
AlaskaHourly$25.01$30.99$46.65$67.99$78.72$48.982200.660.46
Annual$52,020$64,460$97,020$141,420$163,740$101,890
WyomingHourly$25.33$35.93$43.65$50.00$52.16$42.424401.571.09
Annual$52,680$74,730$90,790$104,000$108,490$88,240
ColoradoHourly$28.31$35.29$41.80$52.88$66.11$45.696,1002.121.47
Annual$58,890$73,400$86,940$109,990$137,520$95,040
WashingtonHourly$28.68$34.00$41.38$51.98$68.05$45.317,4702.101.46
Annual$59,650$70,720$86,070$108,120$141,540$94,250

Five states with the most jobs

Cost Estimators: the five states with the highest employment, May 2025
AreaBasisPercentile wageMeanEmploymentJobs per 1,000Location quotient
10th25thMedian75th90th
CaliforniaHourly$24.88$31.58$41.09$56.76$72.50$45.5726,0201.430.99
Annual$51,750$65,690$85,460$118,060$150,790$94,780
TexasHourly$22.00$28.35$37.01$48.36$63.61$40.2820,7601.481.02
Annual$45,760$58,970$76,980$100,580$132,310$83,780
FloridaHourly$21.25$27.31$36.05$47.29$61.56$39.0013,7201.380.96
Annual$44,200$56,810$74,990$98,370$128,050$81,130
New YorkHourly$25.00$28.98$38.67$51.36$67.16$43.0111,9801.240.86
Annual$52,000$60,290$80,430$106,820$139,690$89,450
PennsylvaniaHourly$23.83$30.10$37.73$47.87$60.87$40.339,4201.551.08
Annual$49,570$62,610$78,480$99,580$126,620$83,890

Five highest-paying metropolitan areas

Cost Estimators: the five metropolitan areas with the highest median wage, May 2025
AreaBasisPercentile wageMeanEmploymentJobs per 1,000Location quotient
10th25thMedian75th90th
Boston-Cambridge-Newton, MA-NHHourly$30.39$37.49$49.35$62.27$75.58$52.113,1101.150.80
Annual$63,200$77,980$102,640$129,530$157,200$108,390
San Francisco-Oakland-Fremont, CAHourly$28.32$36.84$48.86$64.01$80.67$52.663,3001.390.96
Annual$58,910$76,640$101,630$133,140$167,780$109,520
Amherst Town-Northampton, MAHourly$24.17$33.11$48.27$63.09$80.80$49.29901.350.93
Annual$50,270$68,860$100,410$131,230$168,070$102,520
San Jose-Sunnyvale-Santa Clara, CAHourly$29.59$38.23$46.91$61.50$81.99$52.401,6801.481.03
Annual$61,550$79,520$97,580$127,920$170,550$108,990
Santa Rosa-Petaluma, CAHourly$27.83$36.59$45.99$60.46$74.13$48.704902.401.66
Annual$57,880$76,100$95,650$125,760$154,180$101,290

Five metropolitan areas with the most jobs

Cost Estimators: the five metropolitan areas with the highest employment, May 2025
AreaBasisPercentile wageMeanEmploymentJobs per 1,000Location quotient
10th25thMedian75th90th
New York-Newark-Jersey City, NY-NJHourly$25.00$29.82$39.61$54.62$72.45$44.5411,6101.220.85
Annual$52,000$62,020$82,380$113,610$150,690$92,640
Los Angeles-Long Beach-Anaheim, CAHourly$24.62$30.62$39.55$51.97$67.50$43.647,6001.210.84
Annual$51,220$63,680$82,260$108,100$140,390$90,760
Dallas-Fort Worth-Arlington, TXHourly$23.05$29.36$38.12$49.35$64.64$41.896,2001.531.06
Annual$47,950$61,070$79,290$102,640$134,460$87,120
Houston-Pasadena-The Woodlands, TXHourly$21.54$28.81$37.60$48.90$63.68$40.785,6601.721.19
Annual$44,800$59,930$78,200$101,710$132,450$84,820
Chicago-Naperville-Elgin, IL-INHourly$24.38$30.92$40.21$52.88$67.05$43.764,6101.020.71
Annual$50,720$64,320$83,640$109,990$139,460$91,010

Top industries employing cost estimators

Building Equipment Contractors employ 13.6% of cost estimators nationally (30,480 jobs) at a median $85,720 a year ($41.21 an hour), followed by Nonresidential Building Construction (9.5%) and Automotive Repair and Maintenance (9.4%).

Cost Estimators: the 5 industries with the highest employment, United States, May 2025 (4-digit NAICS)
IndustryEmploymentShare of occupationMedian annualMedian hourly
Building Equipment Contractors NAICS 23820030,48013.6%$85,720$41.21
Nonresidential Building Construction NAICS 23620021,3909.5%$96,780$46.53
Automotive Repair and Maintenance NAICS 81110021,1009.4%$64,800$31.16
Foundation, Structure, and Building Exterior Contractors NAICS 23810018,3308.2%$78,900$37.93
Building Finishing Contractors NAICS 23830015,6207.0%$75,650$36.37

Share is the industry's employment over the occupation's national employment (224,220). Industries whose employment BLS withheld are not ranked.

Published medians, May 2021 to May 2025

BLS published a median annual wage of $65,170 for cost estimators in May 2021 and $78,740 in May 2025, with employment of 208,950 and 224,220.

Cost Estimators: median annual wage, median hourly wage and employment in each OEWS May release, United States, as published
ReleaseMedian annualMedian hourlyEmployment
May 2021$65,170$31.33208,950
May 2022$71,200$34.23225,310
May 2023$74,740$35.94220,970
May 2024$77,070$37.05219,530
May 2025$78,740$37.86224,220
Cost Estimators: median annual wage by OEWS release, May 2021 to May 2025$0$20k$40k$60k$80kMay 2021May 2022May 2023May 2024May 2025May 2021: $65,170$65,170May 2022: $71,200$71,200May 2023: $74,740$74,740May 2024: $77,070$77,070May 2025: $78,740$78,740OEWS releaseMedian annual wage
Median annual wage in each release, as published; a release without a published median has no point. The same numbers are in the table above.

BLS does not design OEWS as a time series: each release pools three years of samples, and occupational classifications, area definitions and estimation methods change between releases, so a difference between two releases is not a measure of change over time. The figures are shown as published, side by side, and nothing is computed from them. See how often OEWS is updated.

Every state, by median wage

51 states and DC publish a row for this occupation. A linked state has its own page with the within-state metro table and comparison; the others appear here only.

RankStateMedian hourlyMedian annual10th pct (annual)90th pct (annual)EmploymentJobs per 1,000Location quotient
1Massachusetts profile$48.48$100,840$58,870$151,7804,5201.240.86
2Alaska profile$46.65$97,020$52,020$163,7402200.660.46
3Wyoming profile$43.65$90,790$52,680$108,4904401.571.09
4Colorado profile$41.80$86,940$58,890$137,5206,1002.121.47
5Washington profile$41.38$86,070$59,650$141,5407,4702.101.46
6California profile$41.09$85,460$51,750$150,79026,0201.430.99
7Illinois profile$39.78$82,750$49,200$136,5905,9900.980.68
8District of Columbia profile$39.77$82,730$66,720$127,5202700.390.27
9Nevada profile$39.52$82,200$49,200$132,3502,2401.441.00
10Rhode Island profile$39.42$81,990$60,180$130,7405901.180.82
11Vermont profile$39.13$81,390$56,600$113,2303201.050.73
12Maryland profile$39.03$81,190$50,660$130,9704,5801.661.15
13Connecticut profile$38.96$81,030$50,020$136,8302,3501.390.96
14Minnesota profile$38.85$80,810$56,640$125,3704,3101.461.01
15New Jersey profile$38.74$80,570$50,390$137,0805,2401.220.85
16Virginia profile$38.72$80,530$49,820$129,3305,8401.420.99
17Oregon profile$38.68$80,460$49,970$133,4602,9401.491.04
18New York profile$38.67$80,430$52,000$139,69011,9801.240.86
19Hawaii profile$38.63$80,360$46,030$139,3801,0401.661.15
20Idaho profile$38.32$79,700$48,200$137,5301,6001.871.30
21Utah profile$38.27$79,610$51,740$126,8002,8001.621.12
22New Hampshire profile$38.25$79,560$51,640$129,0309801.430.99
23Delaware profile$38.12$79,290$49,580$108,2807301.511.05
24Pennsylvania profile$37.73$78,480$49,570$126,6209,4201.551.08
25Michigan profile$37.50$77,990$46,660$125,5206,9601.581.10
26Ohio profile$37.37$77,730$48,750$124,9908,1001.461.01
27West Virginia profile$37.25$77,480$42,730$122,4508301.180.82
28Montana profile$37.17$77,320$50,120$106,7401,2302.411.67
29Louisiana profile$37.03$77,030$43,840$125,0502,6801.380.96
30Arizona profile$37.02$77,010$37,440$127,8805,7601.781.23
31Texas profile$37.01$76,980$45,760$132,31020,7601.481.02
32Georgia profile$36.92$76,800$46,600$128,4206,0101.230.85
33Wisconsin profile$36.67$76,270$50,890$111,5305,1501.751.21
34Kansas profile$36.66$76,250$48,860$118,3102,2501.571.09
35Iowa profile$36.56$76,040$48,740$118,4101,8701.200.83
36Missouri profile$36.55$76,020$44,840$128,2706,5802.241.55
37Tennessee profile$36.37$75,650$42,440$120,9904,3401.320.92
38Alabama profile$36.05$74,990$42,400$118,1603,0001.420.98
39Florida profile$36.05$74,990$44,200$128,05013,7201.380.96
40South Dakota profile$36.04$74,950$57,110$129,5601,0302.251.56
41Kentucky profile$36.00$74,880$46,410$119,5301,9600.980.68
42North Carolina profile$35.93$74,730$43,580$123,2408,0301.631.13
43Maine profile$35.61$74,080$41,450$123,0407601.190.83
44Indiana profile$35.30$73,430$50,630$106,6404,8101.501.04
45North Dakota profile$35.23$73,280$52,730$104,0507301.701.18
46Nebraska profile$35.14$73,100$50,040$105,6401,3301.300.90
47Mississippi profile$34.24$71,230$41,600$118,0401,2801.100.76
48South Carolina profile$33.78$70,260$46,970$119,5902,8801.250.87
49Oklahoma profile$32.59$67,800$42,700$104,7501,8601.090.76
50New Mexico profile$32.50$67,590$38,960$109,6109001.040.72
51Arkansas profile$29.55$61,470$38,480$110,0401,4001.080.75

Part of Business and Financial Operations Occupations. Compare any area in the wage explorer.

Source and notes

Data: BLS OEWS May 2025, released 2026-05-15. Cross-industry estimates, all ownerships. BLS page: OEWS 13-1051 Cost Estimators.

  • Annual wages assume 2,080 hours a year at the hourly rate; occupations BLS publishes on one basis only show an en dash (–) on the other.
  • Employment is rounded to the nearest 10 by BLS. Where BLS withholds a cell, nothing is estimated in its place.
  • Top industries: nat4d_M2025_dl.xlsx in oesm25in4.zip (BLS OEWS May 2025, national, 4-digit NAICS, cross-ownership). Employment is the industry's rounded total for this occupation; industries whose employment BLS withheld (**) are not ranked.
  • Published medians: national_M2021_dl.xlsx to national_M2024_dl.xlsx in oesm21nat.zip to oesm24nat.zip (BLS OEWS May 2021 to May 2024, national, cross-industry, all ownerships) and the May 2025 spine. Each release is shown as published; nothing is computed between them.

Sources

Includes information from O*NET 30.1 Database by the U.S. Department of Labor, Employment and Training Administration, used under the CC BY 4.0 license.

Description written 2026-10-17 in our own words from the sources above.