1. What is the average salary of a Cost Estimator I?
The average annual salary of Cost Estimator I is $59,403.
In case you are finding an easy salary calculator,
the average hourly pay of Cost Estimator I is $29;
the average weekly pay of Cost Estimator I is $1,142;
the average monthly pay of Cost Estimator I is $4,950.
2. Where can a Cost Estimator I earn the most?
A Cost Estimator I's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer.
According to the latest salary data by Salary.com, a Cost Estimator I earns the most in San Jose, CA, where the annual salary of a Cost Estimator I is $74,925.
3. What is the highest pay for Cost Estimator I?
The highest pay for Cost Estimator I is $72,526.
4. What is the lowest pay for Cost Estimator I?
The lowest pay for Cost Estimator I is $48,242.
5. What are the responsibilities of Cost Estimator I?
Develops cost estimates for projects based on work scope, specifications, and contract proposals using applicable estimating methodologies and tools. Analyzes project requirements, plans, and specifications to identify labor, material, equipment, and service requirements. Uses benchmark data, trends, prior estimates, and historical pricing schedules to generate detailed cost estimates that consist of itemized lists of expenses, labor hours, material quantities, and potential cost variations. Depending on the complexity and type of project, may use different estimating methods, mathematical models, or specialized estimating software tools to generate estimates. Typically requires an associate degree or equivalent. Typically reports to a supervisor. Works under moderate supervision. Gaining or has attained full proficiency in a specific area of discipline. Typically requires 1-3 years of related experience.