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Cost Estimator

$78,740
median / year
$48,530 – $130,820
what most earn per year (10th–90th percentile)

What the job actually is

Calculate the time, money, materials, and labor a project or product will take to complete.

You may also see this posted as: Construction Estimator, Cost Analyst, Estimator, Acquisition Cost Estimator, Analyst, Cost Consultant.

Where you work

Offices and job sites in construction and manufacturing.

The hours

Full-time, with tighter bidding deadlines

The day to day

What you'd actually spend time doing

  • 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.
  • Collect historical cost data to estimate costs for current or future products.
  • Assess cost effectiveness of products, projects or services, tracking actual costs relative to bids as the project develops.
  • Consult with clients, vendors, personnel in other departments, or construction foremen to discuss and formulate estimates and resolve issues.

Good fit if you like…

Conventional

organizing information, following systems, and getting details right

Enterprising

leading, persuading, selling, or turning an idea into action

Investigative

solving problems, analyzing evidence, and figuring out how things work

O*NET job zone 4 of 5

High preparation—usually a four-year degree plus experience—is common.

Work styles that matter most

Attention to DetailDependabilityIntegrityCautiousness

Software that shows up in the work

Examples employers report—not a checklist you must already know.

ConstructConnect PlanSwiftMicrosoft ExcelMicrosoft Office softwareMicrosoft OutlookOn Center On-Screen TakeoffAdobe Acrobat

By the numbers

May 2025 BLS wage & employment data · 2024–34 BLS employment projections.

Median pay
$78,740
per year
Hourly median
$37.86
per hour
What most earn
$48,530–$130,820
yearly, 10th to 90th percentile
Openings a year
~16,900
projected, 2024–34
Outlook to 2034
-4.2%
Declining
Working in the U.S.
224,220
people, nationwide

Openings a year counts new jobs plus the ones that open when people retire or move on — a truer picture of your odds than growth alone.

“Median” means half earn more and half earn less. Your city, employer, and years on the job move it a lot — that is what the 10th-to-90th range shows.

BLS estimates 0.3% of workers in this occupation are self-employed.

What it pays in your state

Statewide medians are a better starting point than the national number. Your city and experience still matter.

BLS state wage tables

How you get in

Typical starting education

Bachelor's degree

Training path: Bachelor's degree.

Related work experience: None.

On-the-job training: Moderate-term on-the-job training.

License or certification

No license required to start in most places.

Check the path where you live

Licensing rules and available programs change by state. These federal tools take you to the current official listings.

What it takes

Estimating softwareMath skillsBlueprint readingAttention to detail

The honest take

Declining overall as software takes over routine estimating, but construction still hires steadily.

Standard Occupational Classification 13-1051. Pay and employment from the BLS May 2025 OEWS survey; outlook and openings from the 2024–34 employment projections; job context from the Occupational Outlook Handbook; tasks, interests, work styles, software examples, and job zone from O*NET 30.3. See something off? Tell us.