Average Cost Estimators Salary in Boulder, CO
Cost Estimators in Boulder, CO, command an average annual salary of $88,950, surpassing the national average of $83,140. This elevated compensation is influenced by Boulder's unique economic landscape and the specific demands of industries operating within the region. The specialized nature of cost estimation, coupled with the city's vibrant economy, contributes to this favorable pay scale.
Executive Summary
- Average Salary: $88,950 per year.
- Growth Trend: Salaries have shifted 14.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $136,060.
- Outlook: With a local workforce of 210 Cost Estimators and a Location Quotient of 0.75, Boulder presents a moderately concentrated but stable job market for this profession. While not as densely populated with these specialists as the national average, the existing workforce indicates consistent demand. The figure of 1.068 jobs per 1,000 workers suggests a steady presence and ongoing need for skilled cost estimators in the area.
Salary Overview
The average Cost Estimators in Boulder, CO earns+7.0%above the national average.
$42.8
$1,711
$7,413
Cost Estimators Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that Cost Estimator salaries in Boulder, CO, have experienced consistent growth over the past four years, mirroring national trends. Economic expansion, inflation, and increasing demand for accurate cost projections in construction and manufacturing sectors typically drive salary increases for these professionals.
Cost Estimators Salary Distribution in Boulder, CO
The career trajectory for Cost Estimators in Boulder, CO, shows significant salary progression with experience. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with extensive project experience and specialized knowledge can command salaries in the upper percentiles. These percentile gaps clearly signify the value placed on accumulated expertise and demonstrated success in the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $41,220 | $19.8 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $66,713 | $32.1 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $80,540 | $38.7 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $111,188 | $53.5 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $136,060 | $65.4 |
Detailed Cost Estimators Market Analysis
Relocation Context
Nominal Salary
$88,950
Gross Pay
Real Wage (Purchasing Power)
$88,950
Adjusted for COL (100)
The average annual salary of $88,950 in Boulder, CO, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a Cost Estimator's salary in Boulder is equivalent to the national average, allowing for a comparable standard of living without significant financial strain related to living expenses.
Job Market Context
210
Total Jobs
1.068
Per 1K Jobs
0.75
Location Quotient
Boulder, CO has 0.75x 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.
A Location Quotient of 0.75 indicates that Cost Estimators are slightly less concentrated in Boulder, CO, compared to the national average. This suggests that while the profession is present and valued, the market is not oversaturated. This can translate to a competitive environment for job seekers, but also offers opportunities for those with specialized skills to stand out.
Nearby Job Markets
Nearby Cities for Cost Estimators
| City | Salary | Dist. |
|---|---|---|
| Denver-Aurora-Centennial, CO Cost Estimators Salary | $89,550↑ 1% | 27 mi |
| Greeley, CO Cost Estimators Salary | $82,800↓ 7% | 37 mi |
| Fort Collins-Loveland, CO Cost Estimators Salary | $82,470↓ 7% | 37 mi |
| Northwest Colorado nonmetropolitan area Cost Estimators Salary | $84,870↓ 5% | 67 mi |
| Southwest Colorado nonmetropolitan area Cost Estimators Salary | $76,560↓ 14% | 67 mi |
Comparing salaries near Boulder, CO
Hiring Cost Estimatorss?
Frequently Asked Questions
How much does a Cost Estimators make in Boulder, CO?
The median annual salary for a Cost Estimators in Boulder, CO is $88,950. This typically ranges from $41,220 for entry-level positions to $136,060 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Boulder, CO is 7.0% higher than the national median of $83,140.
Is Boulder, CO a lucrative place for Cost Estimators?
Yes, Boulder, CO offers a lucrative environment for Cost Estimators.The average salary of $88,950 is higher than the national average, and the cost of living is on par with the national average, indicating strong earning potential.
Is Boulder, CO a good place to live for Cost Estimators?
The Cost of Living Index in Boulder, CO is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Boulder, CO?
Some top paying nearby cities include Denver-Aurora-Centennial, CO ($89,550) and Greeley, CO.
How does the Boulder Cost Estimator salary compare to the national average?
The average annual salary for Cost Estimators in Boulder, CO, is $88,950, which is notably higher than the national average of $83,140.
What is the significance of the Location Quotient (LQ) for Cost Estimators in Boulder?
An LQ of 0.75 suggests that Cost Estimators are less concentrated in Boulder than the national average. This implies a steady but not overly saturated job market, potentially offering good opportunities for skilled professionals.
How does the cost of living in Boulder affect a Cost Estimator's salary?
With a Cost of Living Index of 100, Boulder's cost of living is exactly the national average. This means the $88,950 salary provides a purchasing power equivalent to the national average, making it a financially stable location.
What is the total number of Cost Estimators in Boulder, CO?
There are approximately 210 Cost Estimators employed in Boulder, CO, contributing to the local workforce in this specialized field.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 210 employees in the Boulder, CO area with a job density of 1.068 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 Boulder, CO