Training Requirements for Cost Estimators

Cost estimators need a bachelor's degree.

Degrees for Cost estimators
Percent
Less than High School 2.4
High School 22.2
Some College 29.8
Associates Degree 11.5
Bachelors Degree 28.9
Masters Degree 4.5
Doctorate or Professional Degree 0.6

Employment Outlook for Cost Estimators

This represents about 213,000 people in the United States.

Over the next 10 years there will be aproximately 18,000 more cost estimators but, because of expected growth and replacement needs in the United States, we will need 79,000 more.

Typical Income for Cost Estimators

Hourly Income

On average,cost estimators make $32.03 per hour.

Bottom 10% Bottom 25% Median Top 75% Top 90%
Cost estimators $17.25 $22.75 $29.71 $38.74 $49.64
Business and financial operations occupations $17.74 $23.78 $31.99 $43.47 $58.13
Business operations specialists $17.35 $23.27 $31.37 $42.23 $55.19
National Average $9.27 $11.60 $17.81 $28.92 $45.45

Annual Salaries

On average, cost estimators make $66,620 per year.

Bottom 10% Bottom 25% Median Top 75% Top 90%
Cost estimators $35,870 $47,330 $61,790 $80,570 $103,250
Business and financial operations occupations $36,910 $49,460 $66,530 $90,410 $120,910
Business operations specialists $36,100 $48,400 $65,260 $87,840 $114,790
National Average $19,290 $24,140 $37,040 $60,150 $94,540

This data is from the U.S. Bureau of Labor Statistics, Occupational Employment Statistics

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