CAREER

Cost Estimators

Overview

Salary Median (2020)

$65,170

Projected Job Growth (2019-2029)

-2.1% (decline)

Career

What Cost Estimators Do

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.

Other Job Titles Cost Estimators May Have

Construction Estimator, Cost Analyst, Cost Estimator, Estimator

Tasks & Responsibilities May Include

  • Collect historical cost data to estimate costs for current or future products.
  • Consult with clients, vendors, personnel in other departments, or construction foremen to discuss and formulate estimates and resolve issues.
  • Prepare estimates used by management for purposes such as planning, organizing, and scheduling work.
  • 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.

This page includes information from theO*NET 26.1 Databaseby the U.S. Department of Labor, Employment and Training Administration (USDOL/ETA). Used under theCC BY 4.0license. O*NET® is a trademark of USDOL/ETA.