Cost Estimators

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.

Fast Facts

Hourly Pay
Entry Level: $23.20/hr
Median: $28.43/hr
Experienced: $36.32/hr

Current Employment
759 (2018)

Projected Employment
769 (2029)

Growth for Cost Estimators

2018 Jobs2029 JobsChange (2018-2029)% Change (2018-2029)

Industries Employing Cost Estimators

IndustryOccupation Jobs in Industry (2018)% of Occupation in Industry (2018)% of Total Jobs in Industry (2018)
Plumbing, Heating and Air-Conditioning Contractors729.5%2.4%
Commercial and Institutional Building Construction668.7%4.8%
Electrical Contractors and Other Wiring Installation Contractors607.9%2.9%
Drywall and Insulation Contractors334.3%5.7%
Residential Remodelers314.1%2.3%

Occupational Skills

  • Collect historical cost data to estimate costs for current or future products
  • Consult with clients, vendors, personnel in other departments, or construction foremen to discuss and formulate estimates and resolve issues
  • Prepare estimates used by management for purposes such as planning, organizing, and scheduling work
  • Analyze blueprints and other documentation to prepare time, cost, materials, and labor estimates
  • Confer with engineers, architects, owners, contractors, and subcontractors on changes and adjustments to cost estimates