CCollegeMatcher

Cost Estimators

US occupation · SOC 13-1051

Job titles people report: Acquisition Cost Estimator, Analyst, Construction Estimator, Cost Analyst, Cost Consultant, Cost Engineer, Cost Estimating Analyst, Cost Estimator, Estimating Specialist, Estimator

Pay and outlook

Median annual wage, May 2025
$78,740
Half earn more, half earn less
Middle half earn
$61,150 – $101,850
25th to 75th percentile
People employed, May 2025
224,220
Wage and salary jobs (OEWS)
Projected change, 2025–35
-3.1%
Shrinking (below 0%)
Openings a year (projected)
17,600
New jobs plus replacing people who leave
Typical education to enter
Bachelor's degree
BLS
  • All figures are for the United States as a whole. Pay varies a lot by state and city.
  • Wages are for everyone working in the occupation in May 2025, at every career stage. They are not starting salaries or figures for new graduates.
  • Growth and openings are BLS projections for 2025–35. They are estimates, not promises. Openings include jobs that open up when people retire or change occupation, not just new jobs.

What the work involves

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.

Main tasks

  • 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.
  • Establish and maintain tendering process, and conduct negotiations.
  • Prepare estimates for use in selecting vendors or subcontractors.
  • Prepare estimates used by management for purposes such as planning, organizing, and scheduling work.

Description and tasks from the O*NET® 31.0 Database.

Getting in

Typical education to enter (BLS)
Bachelor's degree
Training once hired: moderate-term on-the-job training
O*NET Job Zone 4
Considerable preparation
Most of these occupations require a four-year bachelor's degree, but some do not.

Interests it suits

The strongest of the six O*NET interest types for this occupation, highest first. The short glosses are ours.

  • Conventional: organising information, records and procedures
  • Enterprising: leading, persuading and making business decisions
  • Investigative: research, analysis and solving problems with ideas

Fields of study that lead here

From the federal CIP–SOC crosswalk, which links 7 programmes to this occupation. A link means the programme prepares people for this kind of work. It doesn't mean the programme is required, or that it's the only route.

Business

  • Business/Commerce, General
  • Business Administration and Management, General

Find colleges that fit you with our matcher: choose Business at the Major step.

Where many students take business

Ordered by the field's share of degrees awarded times undergraduate enrolment (College Scorecard), among colleges with at least 1,000 undergraduates. Online universities are included. It's a rough measure of how big the programme is. It says nothing about quality. The share counts every programme in the field, not only the ones linked to this career.

Engineering

  • Materials Engineering
  • Mechanical Engineering
  • Construction Engineering
  • Manufacturing Engineering

Find colleges that fit you with our matcher: choose Engineering at the Major step.

Where many students take engineering

Ordered by the field's share of degrees awarded times undergraduate enrolment (College Scorecard), among colleges with at least 1,000 undergraduates. Online universities are included. It's a rough measure of how big the programme is. It says nothing about quality. The share counts every programme in the field, not only the ones linked to this career.

Other fields

Our college matcher doesn't offer this field as a major, so we can't suggest colleges for it here.

Engineering/Engineering-Related Technologies/Technicians

  • Construction Engineering Technology/Technician

Related careers

Related occupations from the O*NET database, in its order.

← All careers

Sources

This page includes information from the O*NET 31.0 Database by the U.S. Department of Labor, Employment and Training Administration (USDOL/ETA). Used under the CC BY 4.0 license. O*NET® is a trademark of USDOL/ETA. CollegeMatcher has modified all or some of this information. USDOL/ETA has not approved, endorsed, or tested these modifications. O*NET 31.0 Database · CC BY 4.0

Changes: we show the core tasks in the O*NET database with the highest importance ratings (up to eight, in that order), the top three O*NET interest types by score, and shortened Job Zone names. Titles, descriptions and task text are unchanged.

Wages: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025. Projections, typical entry education and training: U.S. Bureau of Labor Statistics, Employment Projections 2025–35. Fields of study: NCES and BLS CIP 2020–SOC 2018 Crosswalk. All public domain. OEWS · Employment Projections · CIP–SOC crosswalk