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or $31.33 hourly
as of 2021
What is the risk of automation?
Qualities required for this occupation:
Social Perceptiveness (53)
Assisting and Caring for Others (20)
Cramped Work Space, Awkward Positions (15)
not very important
How likely do you think this occupation will be taken over by robots/AI within the next 20 years?
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How quickly is this occupation growing?
The number of 'Cost Estimators' job openings is expected to decline by -2.1% by 2031
'Cost Estimators' is expected to be a very slow growing occupation in comparison to other occupations.
* Data from the Bureau of Labor Statistics for the period between 2021 and 2031.
Updated projections are due Sep 2023.
What are the median wages for 'Cost Estimators' in the United States?
In 2021 the median annual wage for 'Cost Estimators' was $65,170, or $31.33 hourly
'Cost Estimators' are paid 42.4% higher than the national median wage, which stands at $45,760
* Data from the Bureau of Labor Statistics
How many people are employed as cost estimators?
As of 2021 there were 208,950 people employed as Cost Estimators within the United States.
This represents around 0.15% of the employed workforce across the country.
Put another way, around 1 in 674 people are employed as 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.
SOC Code: 13-1051.00
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