Cost Estimators Salary
Cost Estimators in Chicago-Naperville-Elgin, IL-IN make a median of $83,640 a year, or about $40.21 an hour. The range runs from $51K at the entry level to $139K for experienced workers. Adjusted for local prices (RPP 103.59), that's roughly $80,741 in purchasing power. A 2-bedroom apartment runs $1,781/month, about 33.7% of take-home, which is tight.
So what does $84K get you in Chicago-Naperville-Elgin?
Groceries, utilities, transportation, and healthcare scaled from national averages by Chicago-Naperville-Elgin’s Regional Price Parity (103.59). Rent from HUD Fair Market Rents. Taxes estimated for single filer, standard deduction. * Healthcare is the employee-paid share only (premiums + out-of-pocket). Actual costs vary by coverage type: employer-sponsored, ACA marketplace, or uninsured.
About cost estimators
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What this looks like in Chicago-Naperville-Elgin
Cost estimators pay in Chicago-Naperville-Elgin tracks closely to the national median, $84K locally vs. $79K nationwide, a 6% difference. Rent runs $1,781/month for a 2-bedroom (HUD FMR), taking 33.9% of the median take-home. That's within the 30% rule, though not by much. Cost of living (RPP 103.59) is near the national average, so spending patterns here track the typical American budget fairly closely. Pay and costs are both near average, leaving limited margin for savings at the median wage.
Compared to nearby metros
Median pay for cost estimators in metros near Chicago-Naperville-Elgin, adjusted for local cost of living.
| Metro | Median pay | COL-adjusted |
|---|---|---|
| Peoria | $76K | $83K |
| Rockford | $77K | $83K |
| Springfield | $82K | $89K |
| Bloomington | $81K | $86K |
COL-adjusted = median salary ÷ (BEA Regional Price Parity ÷ 100). Expresses purchasing power in national-average dollars.
Compensation breakdown
Annual earnings by percentile, Chicago-Naperville-Elgin, IL-IN
Entry-level cost estimators (10th percentile) start around $51K. Mid-career wages sit at $84K. Top earners bring in $139K or more, a $89K spread from bottom to top.
Cost Estimators pay across states
Median income ranked highest to lowest, compared to the national figure
View Cost Estimators salary in all states
| State | Median salary | vs. national | Employment |
|---|---|---|---|
| Massachusetts | $101K | +28% | 4,520 |
| Alaska | $97K | +23% | 220 |
| Wyoming | $91K | +15% | 440 |
| Colorado | $87K | +10% | 6,100 |
| Washington | $86K | +9% | 7,470 |
| California | $85K | +9% | 26,020 |
| Illinois | $83K | +5% | 5,990 |
| District of Columbia | $83K | +5% | 270 |
| Nevada | $82K | +4% | 2,240 |
| Rhode Island | $82K | +4% | 590 |
| Vermont | $81K | +3% | 320 |
| Maryland | $81K | +3% | 4,580 |
| Connecticut | $81K | +3% | 2,350 |
| Minnesota | $81K | +3% | 4,310 |
| New Jersey | $81K | +2% | 5,240 |
| Virginia | $81K | +2% | 5,840 |
| Oregon | $80K | +2% | 2,940 |
| New York | $80K | +2% | 11,980 |
| Hawaii | $80K | +2% | 1,040 |
| Idaho | $80K | +1% | 1,600 |
| Utah | $80K | +1% | 2,800 |
| New Hampshire | $80K | +1% | 980 |
| Delaware | $79K | +1% | 730 |
| Pennsylvania | $78K | -0% | 9,420 |
| Michigan | $78K | -1% | 6,960 |
| Ohio | $78K | -1% | 8,100 |
| West Virginia | $77K | -2% | 830 |
| Montana | $77K | -2% | 1,230 |
| Louisiana | $77K | -2% | 2,680 |
| Arizona | $77K | -2% | 5,760 |
| Texas | $77K | -2% | 20,760 |
| Georgia | $77K | -2% | 6,010 |
| Wisconsin | $76K | -3% | 5,150 |
| Kansas | $76K | -3% | 2,250 |
| Iowa | $76K | -3% | 1,870 |
| Missouri | $76K | -3% | 6,580 |
| Tennessee | $76K | -4% | 4,340 |
| Alabama | $75K | -5% | 3,000 |
| Florida | $75K | -5% | 13,720 |
| South Dakota | $75K | -5% | 1,030 |
| Kentucky | $75K | -5% | 1,960 |
| North Carolina | $75K | -5% | 8,030 |
| Maine | $74K | -6% | 760 |
| Indiana | $73K | -7% | 4,810 |
| North Dakota | $73K | -7% | 730 |
| Nebraska | $73K | -7% | 1,330 |
| Mississippi | $71K | -10% | 1,280 |
| South Carolina | $70K | -11% | 2,880 |
| Oklahoma | $68K | -14% | 1,860 |
| New Mexico | $68K | -14% | 900 |
| Arkansas | $61K | -22% | 1,400 |
Showing 1–10 of 51 (all 50 states + DC)
Track cost estimators salary changes
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Frequently asked questions
Can a cost estimator afford a 2BR apartment alone in Chicago-Naperville-Elgin?
It’s a stretch — at the median salary of $84K, rent takes 33.9% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $1,781/month. The 30% guideline puts the comfortable ceiling at roughly $1,600/month in rent — so roommates or a 1-bedroom would ease the math significantly.
What’s the entry-level salary for cost estimators in Chicago-Naperville-Elgin?
The 10th-percentile wage — what new cost estimators typically earn — is $51K/year. Take-home on that works out to about $3,043/month. At HUD’s $1,781/month FMR, rent would take 59% of that take-home — above the 30% guideline, so a 1-bedroom or shared housing is likely necessary starting out.
Is cost estimator a high-paying job in Chicago-Naperville-Elgin?
Pay here is roughly in line with the national average — $84K locally vs. $79K nationally, a 6% difference.
How does Chicago-Naperville-Elgin compare to the national average for cost estimators?
Chicago-Naperville-Elgin pays $84K median vs. the U.S. average of $79K — that’s +6%. After adjusting for local cost of living (RPP 103.59), the purchasing-power equivalent is $81K — still ahead of the national median.
How much do cost estimators make in Chicago-Naperville-Elgin, IL-IN?
The median is $83,640 a year, that works out to about $40 an hour. But the range is wide: entry-level workers start around $50,720, and experienced cost estimators can clear $139,460. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $84K enough to live in Chicago-Naperville-Elgin?
On that salary, you'd take home roughly $5,257/month after taxes. A 2-bedroom here rents for about $1,781/month, which eats 33.9% of your paycheck. That's above the 30% rule of thumb, housing will be a stretch at the median salary, though you can manage with roommates or a smaller place.
How far does a cost estimators salary go in Chicago-Naperville-Elgin?
Chicago-Naperville-Elgin has a Regional Price Parity of 103.59 (100 is the national average). Prices are above average here, so your dollar buys less than the same salary would in a cheaper metro. After cost-of-living adjustment, the median cost estimators salary is worth about $80,741 in national-average purchasing power.
Where do cost estimators get paid the most?
The table above ranks every state by median pay for this role. Keep in mind that the highest-paying states tend to have the highest costs of living, so the top salary doesn't always mean the most money in your pocket.