Aptly
Careers · Business and financial operations

Cost Estimators

Cost estimators prepare detailed price forecasts for manufacturing, construction, or service projects. They analyze materials, labor, equipment, and timelines to help companies bid competitively and set product prices. Cost estimators work across industries—construction firms, manufacturers, engineering companies, and government agencies—using historical data and current market conditions to build accurate estimates.

$78,740median pay, U.S., per year
$61,150–$101,850middle half earn
224Kemployed in the U.S.
Bachelor’s degreetypical education · 86% hold a bachelor’s or higher
HighAI exposure · AI tools can speed up many tasks. Skills in using them will matter, and some roles may change.
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A day in the work

Cost estimators spend time gathering project specifications, reviewing blueprints, and collecting supplier quotes. They analyze labor costs, material prices, and equipment needs using spreadsheets and estimating software. Estimators meet with project managers and clients to clarify scope, adjust figures based on new information, and present findings. The work involves desk research, site visits, and calculations that feed directly into bidding and pricing decisions.

Who this work suits

Conventional
91Enterprising
61Investigative
36Realistic
34Social
11Artistic
2

Holland code CEI. Conventional work is organized, detail-oriented work with clear procedures. Aptly’s interest assessment scores you on the same six scales.

You likely enjoy structured problem-solving and working with numbers and systems. If you're drawn to conventional, organized work and enterprising roles where your analysis directly influences business decisions, this field suits you. Strong attention to detail and comfort with spreadsheets and software are essential.

What it takes

Preparation: Considerable preparation (most need a bachelor’s degree and several years of experience). Most people in this occupation hold a bachelor’s degree.

Skills that matter most

Reading ComprehensionMathematicsSpeakingActive ListeningCritical ThinkingJudgment and Decision MakingWritingComplex Problem Solving

Knowledge areas

Mathematics (knowledge)Economics and AccountingComputers and ElectronicsEngineering and TechnologyBuilding and ConstructionAdministration and Management

Pay by state

State25th pctMedian75th pctEmployed
Massachusetts$75,420$100,840$127,4004,520
Alaska$64,460$97,020$141,420220
Wyoming$74,730$90,790$104,000440
Colorado$73,400$86,940$109,9906,100
Washington$70,720$86,070$108,1207,470
California$65,690$85,460$118,06026,020
Illinois$61,710$82,750$108,2405,990
District of Columbia$82,220$82,730$101,420270
Nevada$62,890$82,200$104,3602,240
Rhode Island$69,470$81,990$98,100590
Vermont$66,890$81,390$97,330320
Maryland$63,080$81,190$106,3604,580
All 50 states, D.C. and Puerto Rico

Certifications people in this field hold

Training

Aptly members see WIOA-approved programs, colleges and certificates near them, with completion and earnings data, on every Path plan.

Job titles in this occupation

Related occupations

Are you suited for this?
Four short assessments and your background, scored against cost estimators and 13,000 other careers — with the reasons. Free.
Find out in 15 minutes See openings

O*NET-SOC 13-1051.00 · O*NET OnLine. Pay: BLS OEWS May 2025, annual, U.S. Employment counts are national.