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Average Cost Estimators Salary in Buffalo-Cheektowaga, NY

In Buffalo-Cheektowaga, NY, Cost Estimators earn an average annual salary of $79,910. This figure is slightly below the national average of $83,140, reflecting a localized market dynamic. Factors such as regional industry demand, the cost of doing business, and the specific needs of local construction and manufacturing sectors influence this pay scale.

Executive Summary

  • Average Salary: $79,910 per year.
  • Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $114,740.
  • Outlook: The Buffalo-Cheektowaga area supports a dedicated workforce of 620 Cost Estimators. With a Location Quotient of 0.82, the concentration of these professionals is marginally below the national average, suggesting a stable but not oversaturated market. The presence of 1.174 jobs per 1,000 workers indicates a consistent, albeit moderate, demand for skilled cost estimation professionals within the region.
2024 Market Data

Salary Overview

$79,910

The average Cost Estimators in Buffalo-Cheektowaga, NY earns-3.9%below the national average.

BreakdownBased on 40h/week
Hourly

$38.4

Weekly

$1,537

Monthly

$6,659

Cost Estimators Salary Distribution in Buffalo-Cheektowaga, NY

The career trajectory for Cost Estimators typically involves significant salary progression based on experience. Entry-level positions may start at lower percentiles, while seasoned professionals with extensive project portfolios and advanced certifications can command salaries in the upper percentiles. The widening gap between entry-level and senior roles underscores the value placed on accumulated expertise and proven performance in the field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$50,320$24.2
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$59,933$28.8
ManagerOversees team, compliance, and project delivery.50% (Median)$76,150$36.6
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$99,888$48
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$114,740$55.2

Detailed Cost Estimators Market Analysis

Relocation Context

Nominal Salary

$79,910

Gross Pay

Real Wage (Purchasing Power)

$79,910

Adjusted for COL (100)

For individuals considering a move to Buffalo-Cheektowaga, the average Cost Estimator salary of $79,910 aligns perfectly with the local cost of living, which is at the national average of 100. This means that the purchasing power of this salary is equivalent to the national standard, offering a balanced lifestyle without significant financial strain related to everyday expenses.

Job Market Context

620

Total Jobs

1.174

Per 1K Jobs

0.82

Location Quotient

Below Average

Buffalo-Cheektowaga, NY has 0.82x 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 0.82 for Cost Estimators in Buffalo-Cheektowaga indicates that the profession is slightly less concentrated than the national average. This suggests that while the demand is present, the market is not saturated, potentially offering good opportunities for skilled professionals. The job market is competitive but accessible for those with the right qualifications.

Nearby Job Markets

Nearby Cities for Cost Estimators

CitySalaryDist.
Rochester, NY Cost Estimators Salary$82,760↑ 4%65 mi
Erie, PA Cost Estimators Salary$70,220↓ 12%83 mi

Comparing salaries near Buffalo-Cheektowaga, NY

Hiring Cost Estimatorss?

Frequently Asked Questions

How much does a Cost Estimators make in Buffalo-Cheektowaga, NY?

The median annual salary for a Cost Estimators in Buffalo-Cheektowaga, NY is $79,910. This typically ranges from $50,320 for entry-level positions to $114,740 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Buffalo-Cheektowaga, NY is 3.9% lower than the national median of $83,140.

Is Buffalo-Cheektowaga, NY a lucrative place for Cost Estimatorss?

No, it is not significantly more lucrative than the national average.The average salary of $79,910 is slightly below the national average of $83,140, and the cost of living is exactly at the national average, offering standard purchasing power.

Is Buffalo-Cheektowaga, NY a good place to live for Cost Estimators?

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

Where are the highest paying cities near Buffalo-Cheektowaga, NY?

Some top paying nearby cities include Rochester, NY ($82,760) and Erie, PA.

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

The average salary for Cost Estimators in Buffalo-Cheektowaga, NY is $79,910, which is slightly lower than the national average of $83,140.

What is the concentration of Cost Estimators in Buffalo-Cheektowaga?

The concentration of Cost Estimators in Buffalo-Cheektowaga is indicated by a Location Quotient of 0.82, meaning it is slightly less concentrated than the national average.

How does the cost of living in Buffalo affect salary perception?

With a Cost of Living Index of 100, the national average, the $79,910 salary in Buffalo offers purchasing power equivalent to the national standard.

What is the total number of Cost Estimators in the Buffalo-Cheektowaga area?

The Buffalo-Cheektowaga region employs approximately 620 Cost Estimators.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 620 employees in the Buffalo-Cheektowaga, NY area with a job density of 1.174 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 Buffalo-Cheektowaga, NY