Cost Estimator at a Glance

Projected Job Growth

  • +0% Job Growth for
    Cost Estimator

  • 2013
  • 2023

Average Salary for Cost Estimator

  • $0 Annual Pay
    National Average
  • $0 Hourly Pay
    National Average

Best States for Cost Estimator

  Employment
in 2011
Average
Annual Salary
Average
Hourly Pay
Virginia 7,550 $63,580 $31
Colorado 4,690 $61,420 $30
Delaware 970 $63,570 $31

Becoming a Cost Estimator

To secure the prized position of Cost Estimator for a company, candidates will most likely need to hold a bachelor's degree. Although it is possible to gain cost estimator jobs without a bachelor's degree, the candidate would need to be highly skilled and experienced in most cases. Jobs in cost estimation typically fall into one of the two categories listed above: manufacturing and construction. Construction cost estimator jobs usually require a bachelor's degree but will provide on-the-job training for newly hired estimators, which can last from several months to a few years.

Degrees useful for becoming a cost estimator relate primarily to the industry, such as building science or construction management for construction cost estimators and engineering, mathematics, statistics, or other business related bachelor's for manufacturing estimators. If experience is necessary for a career in cost estimation, a candidate may pursue an internship or cooperative education program to add experience to their resume. Depending on the industry a cost estimator is pursuing, relevant courses in their bachelor's degree might include the following:

  • Industrial and Career Writing
  • Legal Environment of Business
  • Construction Cost Estimating
  • Manufacturing Processes

In general, the education requirements for cost estimators focus on the knowledge base this career requires. Since cost estimators are so heavily relied on for accurate estimates, it is vitally important that the bachelor's degree of a candidate include enough information pertaining to the career. For example, construction cost estimators may get a degree in construction management that includes a variety of topics, such as actual construction, costs, business management, career writing, etc. These fundamental classes give the candidate a thorough understanding of the field they will be working in to ensure their estimates are accurate and of the highest quality. Additionally, cost estimators may need to be certified after two years of estimating experience by the American Society of Professional Estimators, the Association for the Advancement of Cost Estimating International, or the Society of Cost Estimating and Analysis.