Average Cost Estimators Salary in Bangor, ME
The average salary for Cost Estimatorss in Bangor, ME is $74,290. While this is lower than the national average, the cost of living in Bangor, ME may offset the difference, preserving real purchasing power.
Executive Summary
- Average Salary: $74,290 per year.
- Growth Trend: Salaries have shifted 21.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $109,550.
- Outlook: The current demand for Cost Estimatorss is stable, with a local workforce of approximately 80 professionals. This role remains a specialized component of the broader Bangor, ME economy.
Salary Overview
The average Cost Estimators in Bangor, ME earns-10.6%below the national average.
$35.7
$1,429
$6,191
Cost Estimators Salary Trends (2020-2024)
Over the past 4 years, Cost Estimators salaries in Bangor, ME have experienced a rapid surge, growing by 21.7%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Cost Estimators Salary Distribution in Bangor, ME
The earning potential for Cost Estimatorss in Bangor, ME varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 2.8x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $39,430, while highly experienced professionals can command wages upwards of $109,550.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $39,430 | $19 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $55,718 | $26.8 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $69,500 | $33.4 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $92,863 | $44.6 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $109,550 | $52.7 |
Detailed Cost Estimators Market Analysis
Relocation Context
Nominal Salary
$74,290
Gross Pay
Real Wage (Purchasing Power)
$74,290
Adjusted for COL (100)
In Bangor, ME, the Cost of Living Index is 100. This increases your effective purchasing power from $74,290 to $74,290.
Job Market Context
80
Total Jobs
1.119
Per 1K Jobs
0.79
Location Quotient
Bangor, ME has 0.79x the national average concentration of Cost Estimators jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
80 people work as Cost Estimators in Bangor, ME.
1.119 out of every 1,000 local jobs are Cost Estimators positions — a typical concentration.
Nearby Job Markets
Nearby Cities for Cost Estimators
| City | Salary | Dist. |
|---|---|---|
| Southwest Maine nonmetropolitan area Cost Estimators Salary | $67,810↓ 9% | 31 mi |
| Northeast Maine nonmetropolitan area Cost Estimators Salary | $67,570↓ 9% | 31 mi |
| Lewiston-Auburn, ME Cost Estimators Salary | $75,050↑ 1% | 85 mi |
Comparing salaries near Bangor, ME
Hiring Cost Estimatorss?
Frequently Asked Questions
How much does a Cost Estimators make in Bangor, ME?
The median annual salary for a Cost Estimators in Bangor, ME is $74,290. This typically ranges from $39,430 for entry-level positions to $109,550 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Bangor, ME is 10.6% lower than the national median of $83,140.
Is Bangor, ME a good place for Cost Estimatorss?
It depends on your priorities. While the average Cost Estimators salary in Bangor, ME is $74,290 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Bangor, ME. See distinct detailed breakdown below.
Is Bangor, ME a good place to live for Cost Estimators?
The Cost of Living Index in Bangor, ME is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Bangor, ME?
Some top paying nearby cities include Southwest Maine nonmetropolitan area ($67,810) and Northeast Maine nonmetropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 80 employees in the Bangor, ME area with a job density of 1.119 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Cost Estimators • Data source: BLS OEWS 2024 •Jobs in Bangor, ME