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Business & Finance career guide

Cost Estimators: Salary, Education, and Career Path (2026)

The U.S. has 219,530 cost estimators, and they earn a median of $77,070/year. The range runs from $46K to $129K. Massachusetts pays the most.

$77K
Median salary
Varies
Education required
N/A
10-year growth
219,530
U.S. employment

What it takes

The BLS lists the typical education for this role as varies by employer.

Entry-level cost estimators start around $46K. The gap between that and the median ($77K) is where experience, certifications, and location make the difference.

Top earners clear $129K, but that's the 90th percentile. Getting there usually takes a decade or more of experience, the right credentials, and being in a high-paying market.

Salary progression

Entry level (0-2 years)
$46K
Early career (2-5 years)
$60K
Mid-career (5-10 years)
$77K
Experienced (10+ years)
$100K
Top earners
$129K

Highest paying states

StateMedian salaryEmployment
Massachusetts$103K5,340
California$85K25,580
District of Columbia$84K360
New York$83K9,790
Washington$83K7,320
Maryland$81K4,380
New Jersey$81K5,130
Nevada$80K2,370
Minnesota$80K4,170
Illinois$80K6,220
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Frequently asked questions

How much does a cost estimators make?

The median cost estimators salary in the United States is $77,070 per year ($37/hour). Entry-level positions start around $46,330, while experienced professionals earn up to $128,640.

What education do you need to become a cost estimators?

The BLS lists the typical entry-level education as varies by employer. State licensing or certification requirements vary, so check your state's board for specifics.

What is the job outlook for cost estimators?

Check the Bureau of Labor Statistics Occupational Outlook Handbook for the latest employment projections for cost estimators.

What are the highest paying states for cost estimators?

The highest paying states for cost estimators are Massachusetts ($102,680), California ($84,610), District of Columbia ($84,410), New York ($82,940), Washington ($82,900). Salaries vary significantly by location due to cost of living and local demand.