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Average Cost Estimators Salary in Arizona

Cost Estimators in Arizona earn an impressive average annual salary of $86,960, surpassing the national average of $83,140. This elevated pay is often a reflection of the state's specific economic drivers and the demand for skilled professionals in construction, manufacturing, and government sectors within Arizona. The unique market dynamics and project scales within the state contribute to this favorable compensation landscape.

Executive Summary

  • Average Salary: $86,960 per year.
  • Growth Trend: Salaries have shifted 22.1% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $136,540.
  • Outlook: Arizona's market for Cost Estimators appears stable, with a local workforce of 4,540 professionals. The Location Quotient of 1.0 indicates that the concentration of these roles in Arizona is on par with the national average, suggesting a steady demand that aligns with the overall U.S. employment landscape for this profession. The presence of 1.42 jobs per 1,000 workers further solidifies the consistent need for these analytical roles across various industries within the state.
2024 Market Data

Salary Overview

$86,960

The average Cost Estimators in Arizona earns+4.6%above the national average.

BreakdownBased on 40h/week
Hourly

$41.8

Weekly

$1,672

Monthly

$7,247

Cost Estimators Salary Distribution in Arizona

Salary progression for Cost Estimators in Arizona is strongly tied to experience. Entry-level positions typically start at the lower end of the pay scale, while seasoned professionals with extensive project experience and specialized knowledge can command significantly higher salaries, often reaching into the upper percentiles. The widening gap between entry-level and senior roles clearly signifies the career advancement opportunities and increased earning potential available within this field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$37,590$18.1
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$65,220$31.4
ManagerOversees team, compliance, and project delivery.50% (Median)$79,310$38.1
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$108,700$52.3
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$136,540$65.6

Detailed Cost Estimators Market Analysis

Relocation Context

Nominal Salary

$86,960

Gross Pay

Real Wage (Purchasing Power)

$81,729

Adjusted for COL (106.4)

The nominal average salary of $86,960 in Arizona presents a strong purchasing power, especially when considered against the local Cost of Living Index of 106.4. While this index is slightly above the national average (100), the higher nominal wage effectively compensates for the increased cost of goods and services, suggesting that Cost Estimators can maintain a comfortable standard of living in the state.

Job Market Context

4,540

Total Jobs

1.42

Per 1K Jobs

1

Location Quotient

Above Average

With a location quotient of 1.00, Arizona has a slightly higher-than-average concentration of Cost Estimators roles compared to the national norm.

With a Location Quotient of 1.0, Arizona's market for Cost Estimators is neither significantly over- nor under-represented compared to the national average. This suggests a balanced job market where demand and supply are relatively stable. Professionals can expect a competitive but accessible environment, with opportunities available across various sectors without facing extreme saturation or scarcity.

Nearby Job Markets

Nearby Cities for Cost Estimators

CitySalaryDist.
Phoenix-Mesa-Chandler, AZ Cost Estimators Salary$91,610↑ 5%39 mi
Prescott Valley-Prescott, AZ Cost Estimators Salary$72,580↓ 17%79 mi

Comparing salaries near Arizona

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Frequently Asked Questions

How much does a Cost Estimators make in Arizona?

The median annual salary for a Cost Estimators in Arizona is $86,960. This typically ranges from $37,590 for entry-level positions to $136,540 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Arizona is 4.6% higher than the national median of $83,140.

Is Arizona a lucrative place for Cost Estimators?

Yes, Arizona offers a lucrative environment for Cost Estimators.The average salary of $86,960 significantly exceeds the national average, and while the cost of living is slightly higher, the nominal wage provides strong purchasing power.

Is Arizona a good place to live for Cost Estimators?

The Cost of Living Index in Arizona is 106.4. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Arizona?

Some top paying nearby cities include Phoenix-Mesa-Chandler, AZ ($91,610) and Prescott Valley-Prescott, AZ.

How does Arizona's Cost Estimator salary compare to the national average?

Cost Estimators in Arizona earn an average of $86,960 annually, which is higher than the national average of $83,140.

What is the concentration of Cost Estimators in Arizona?

Arizona has a Location Quotient of 1.0 for Cost Estimators, indicating that the concentration of these jobs in the state is the same as the national average.

How does the cost of living in Arizona affect salary?

Arizona's Cost of Living Index is 106.4, slightly above the national average. However, the higher average salary for Cost Estimators helps to offset this increased cost.

What is the total number of Cost Estimators in Arizona?

There are approximately 4,540 Cost Estimators working in Arizona.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 4,540 employees in the Arizona area with a job density of 1.42 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Cost Estimators • Data source: BLS OEWS 2024 •Jobs in Arizona