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Salary, Wages, Pay: Cost Estimators




Salaries of cost estimators vary widely by experience, education, size of firm, and industry. Median annual earnings of cost estimators in 2002 were $47,550. The middle 50 percent earned between $36,440 and $62,040. The lowest 10 percent earned less than $28,670, and the highest 10 percent earned more than $79,240. Median annual earnings in the industries employing the largest numbers of cost estimators in 2002 were:

Nonresidential building construction $53,820
Building equipment contractors 50,240
Foundation, structure, and building exterior contractors 47,630
Residential building construction 47,180
Building finishing contractors 45,630

College graduates with degrees in fields that provide a strong background in cost estimating, such as engineering or construction management, could start at a higher level. According to a 2003 salary survey by the National Association of Colleges and Employers, bachelorís degree candidates with degrees in construction science/management received job offers averaging $42,229 a year.