Cost Estimators: salary, outlook & degrees

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.

U.S. median wage
$78,740

Middle half $61,150–$101,850. 224,220 jobs.

BLS Occupational Employment and Wage Statistics, May 2025

Ages 25-34 in this job
$67,032

52% hold a bachelor's or higher. Those with one: $76,367.

Census ACS 2020-2024 microdata, workers with at least a high school diploma; EducationGuide calculation

Outlook, 2025-35
-3.1%

About 17,600 openings a year, including replacements.

BLS Employment Projections 2025-35

Typical entry
Bachelor's degree

Considerable preparation (usually a bachelor's).

BLS; O*NET 31.0 job zone

Degrees that lead to this career

What workers ages 25-34 in this job studied, among those with a bachelor's or higher. This is what people actually did, not a requirement.

Field of bachelor's degreeShareDegree pages
Construction Services10%—
Civil Engineering9%Civil Engineering
Business Management And Administration6%Business Administration
General Business5%Business
Economics5%Economics
Mechanical Engineering5%Mechanical Engineering
Accounting3%Accounting
Criminal Justice And Fire Protection3%Criminal Justice · Security / Homeland Security
Finance3%Finance · Insurance
Communications2%Communications · Communication, Journalism, and Related Programs, Other

Census ACS 2020-2024 microdata (ages 25-34, employed, bachelor's or higher; top 10 fields); EducationGuide calculation.

Education workers say the job requires

High school or less5%
Some college, certificate or associate9%
Bachelor's82%
Graduate degree5%

O*NET 31.0 survey of workers (“required level of education”); small samples, so treat shares as approximate.

Pay by state and metro

StateMedian wage
Massachusetts$100,840
Alaska$97,020
Wyoming$90,790
Colorado$86,940
Washington$86,070
California$85,460
Illinois$82,750
District of Columbia$82,730
Nevada$82,200
Rhode Island$81,990
Vermont$81,390
Maryland$81,190
Connecticut$81,030
Minnesota$80,810
New Jersey$80,570
Virginia$80,530
Oregon$80,460
New York$80,430
Hawaii$80,360
Idaho$79,700
Utah$79,610
New Hampshire$79,560
Delaware$79,290
Pennsylvania$78,480
Michigan$77,990
Ohio$77,730
West Virginia$77,480
Montana$77,320
Louisiana$77,030
Arizona$77,010
Texas$76,980
Georgia$76,800
Wisconsin$76,270
Kansas$76,250
Iowa$76,040
Missouri$76,020
Tennessee$75,650
Alabama$74,990
Florida$74,990
South Dakota$74,950
Kentucky$74,880
North Carolina$74,730
Maine$74,080
Indiana$73,430
North Dakota$73,280
Nebraska$73,100
Mississippi$71,230
South Carolina$70,260
Oklahoma$67,800
New Mexico$67,590
GU$63,350
Arkansas$61,470
PR$47,130

Florida metro areas

  • Miami-Fort Lauderdale-West Palm Beach$76,040
  • Tampa-St. Petersburg-Clearwater$78,740
  • Orlando-Kissimmee-Sanford$76,390
  • Jacksonville$69,090
  • North Port-Bradenton-Sarasota$72,210
  • Cape Coral-Fort Myers$73,760
  • Palm Bay-Melbourne-Titusville$73,310
  • Lakeland-Winter Haven$70,640

Virginia metro areas

  • Washington-Arlington-Alexandria$89,330
  • Virginia Beach-Chesapeake-Norfolk$80,850
  • Richmond$77,540
  • Kingsport-Bristol$69,080
  • Roanoke$71,320
  • Lynchburg$74,570
  • Charlottesville$78,040
  • Harrisonburg$73,730

California metro areas

  • Los Angeles-Long Beach-Anaheim$82,260
  • San Francisco-Oakland-Fremont$101,630
  • Riverside-San Bernardino-Ontario$76,900
  • San Diego-Chula Vista-Carlsbad$87,170
  • Sacramento-Roseville-Folsom$83,190
  • San Jose-Sunnyvale-Santa Clara$97,580
  • Fresno$84,140
  • Santa Rosa-Petaluma$95,650

BLS Occupational Employment and Wage Statistics, May 2025: median annual wage, all workers in the job. Metro areas: the largest by employment.

What the work takes

Top skills

  • Reading Comprehension
  • Mathematics
  • Speaking
  • Active Listening
  • Critical Thinking

Knowledge used

  • Mathematics
  • Economics and Accounting
  • Computers and Electronics
  • Engineering and Technology
  • Building and Construction

Work styles

  • Attention to Detail
  • Dependability
  • Integrity
  • Cautiousness
  • Perseverance

People in this job tend to have Conventional (organizing), Enterprising (leading) interests.

O*NET 31.0 (U.S. Department of Labor, CC BY 4.0): skills and knowledge by importance; work styles; interest high points.

Cost Estimators: questions

How much do cost Estimators make?

Cost Estimators earn a U.S. median $78,740 a year; the middle half earn $61,150 to $101,850 (BLS, May 2025). Workers ages 25-34 in this job earn a median $67,032 (Census ACS 2020-2024).

Is cost Estimators a growing field?

BLS projects a decline of 3.1% from 2025 to 2035, with about 17,600 openings a year, including replacements.

What degree do you need to be a cost Estimator?

BLS lists the typical entry education as bachelor's degree. In O*NET's survey, 86% of workers say a bachelor's or higher is required. Among workers ages 25-34 with a bachelor's, the most common field of degree is construction Services (10%).

How much do cost Estimators make in Florida?

The median in Florida is $74,990 a year (BLS, May 2025), compared with $78,740 nationally.

Sources: Bureau of Labor Statistics (OEWS May 2025; Employment Projections 2025-35); O*NET 31.0 (U.S. Department of Labor, CC BY 4.0); U.S. Census Bureau ACS microdata. SOC 13-1051. Method
Data: JSON · Markdown · all careers
Cite this: “Cost Estimators: salary, outlook and degrees,” EducationGuide.com, https://educationguide.com/careers/cost-estimators.