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Average Cost Estimators Salary in Binghamton, NY

The average salary for a Cost Estimators in Binghamton, NY is $79,650. This compensation is in line with national standards, reflecting a balanced and stable local job market.

Executive Summary

  • Average Salary: $79,650 per year.
  • Growth Trend: Salaries have shifted 42.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $113,810.
  • Outlook: The current demand for Cost Estimatorss is stable, with a local workforce of approximately 150 professionals. This role remains a specialized component of the broader Binghamton, NY economy.
2024 Market Data

Salary Overview

$79,650

The average Cost Estimators in Binghamton, NY earns-4.2%below the national average.

BreakdownBased on 40h/week
Hourly

$38.3

Weekly

$1,532

Monthly

$6,638

Cost Estimators Salary Distribution in Binghamton, NY

The earning potential for Cost Estimatorss in Binghamton, NY varies significantly by experience level. The salary gap is relatively narrow, suggesting consistent and predictable earnings from entry-level to senior positions. Entry-level roles (10th percentile) typically start around $48,870, while highly experienced professionals can command wages upwards of $113,810.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$48,870$23.5
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$59,738$28.7
ManagerOversees team, compliance, and project delivery.50% (Median)$77,060$37
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$99,563$47.9
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$113,810$54.7

Detailed Cost Estimators Market Analysis

Relocation Context

Nominal Salary

$79,650

Gross Pay

Real Wage (Purchasing Power)

$79,650

Adjusted for COL (100)

In Binghamton, NY, the Cost of Living Index is 100. This increases your effective purchasing power from $79,650 to $79,650.

Job Market Context

150

Total Jobs

1.547

Per 1K Jobs

1.09

Location Quotient

Above Average

With a location quotient of 1.09, Binghamton, NY has a slightly higher-than-average concentration of Cost Estimators roles compared to the national norm.

150 people work as Cost Estimators in Binghamton, NY.

1.547 out of every 1,000 local jobs are Cost Estimators positions — a typical concentration.

Nearby Job Markets

Nearby Cities for Cost Estimators

Comparing salaries near Binghamton, NY

Hiring Cost Estimatorss?

Frequently Asked Questions

How much does a Cost Estimators make in Binghamton, NY?

The median annual salary for a Cost Estimators in Binghamton, NY is $79,650. This typically ranges from $48,870 for entry-level positions to $113,810 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Binghamton, NY is 4.2% lower than the national median of $83,140.

Is Binghamton, NY a good place for Cost Estimatorss?

It depends on your priorities. While the average Cost Estimators salary in Binghamton, NY is $79,650 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Binghamton, NY. See distinct detailed breakdown below.

Is Binghamton, NY a good place to live for Cost Estimators?

The Cost of Living Index in Binghamton, NY is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Binghamton, NY?

Some top paying nearby cities include Elmira, NY ($74,330) and Southwest New York 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 150 employees in the Binghamton, NY area with a job density of 1.547 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.