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Average Cost Estimators Salary in Cincinnati, OH-KY-IN

Cost Estimators in the Cincinnati, OH-KY-IN metropolitan area earn an average annual salary of $81,150. This figure is slightly below the national average of $83,140, indicating a localized compensation structure influenced by regional economic factors and industry demand within the tri-state area. While the nominal pay is close to the national benchmark, the cost of living parity suggests a comparable purchasing power.

Executive Summary

  • Average Salary: $81,150 per year.
  • Growth Trend: Salaries have shifted 11.2% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $122,000.
  • Outlook: The Cincinnati, OH-KY-IN area supports a robust workforce of 1,660 Cost Estimators. With a Location Quotient of 1.07, the region demonstrates a slightly higher concentration of these professionals than the national average, suggesting a stable and potentially growing demand for their specialized skills within the local economy.
2024 Market Data

Salary Overview

$81,150

The average Cost Estimators in Cincinnati, OH-KY-IN earns-2.4%below the national average.

BreakdownBased on 40h/week
Hourly

$39

Weekly

$1,561

Monthly

$6,763

Cost Estimators Salary Distribution in Cincinnati, OH-KY-IN

The career trajectory for Cost Estimators typically involves significant salary growth with experience. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with extensive project management and analytical skills can command salaries at the higher percentiles, reflecting their increased value and expertise.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$48,990$23.6
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$60,863$29.3
ManagerOversees team, compliance, and project delivery.50% (Median)$76,040$36.6
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$101,438$48.8
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$122,000$58.7

Detailed Cost Estimators Market Analysis

Relocation Context

Nominal Salary

$81,150

Gross Pay

Real Wage (Purchasing Power)

$81,150

Adjusted for COL (100)

With an average annual salary of $81,150 and a Cost of Living Index of 100, Cost Estimators in Cincinnati find their nominal earnings directly translate to national average purchasing power. This parity means that the salary offers a standard of living comparable to the national median, making relocation financially neutral from a cost-of-living perspective.

Job Market Context

1,660

Total Jobs

1.52

Per 1K Jobs

1.07

Location Quotient

Above Average

With a location quotient of 1.07, Cincinnati, OH-KY-IN has a slightly higher-than-average concentration of Cost Estimators roles compared to the national norm.

The Location Quotient of 1.07 indicates that Cost Estimators are slightly more concentrated in Cincinnati than the national average. This suggests a healthy, albeit not exceptionally dense, job market where demand is present and potentially growing, offering competitive opportunities for skilled professionals.

Nearby Job Markets

Nearby Cities for Cost Estimators

CitySalaryDist.
Dayton-Kettering-Beavercreek, OH Cost Estimators Salary$78,400↓ 3%50 mi
Springfield, OH Cost Estimators Salary$73,270↓ 10%69 mi
Lexington-Fayette, KY Cost Estimators Salary$74,430↓ 8%73 mi
Columbus, IN Cost Estimators Salary$75,100↓ 7%76 mi
Muncie, IN Cost Estimators Salary$64,460↓ 21%89 mi

Comparing salaries near Cincinnati, OH-KY-IN

Hiring Cost Estimatorss?

Frequently Asked Questions

How much does a Cost Estimators make in Cincinnati, OH-KY-IN?

The median annual salary for a Cost Estimators in Cincinnati, OH-KY-IN is $81,150. This typically ranges from $48,990 for entry-level positions to $122,000 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Cincinnati, OH-KY-IN is 2.4% lower than the national median of $83,140.

Is Cincinnati, OH-KY-IN a lucrative place for Cost Estimatorss?

Yes, Cincinnati offers a competitive environment for Cost Estimators.The average salary is closely aligned with the national average, and the cost of living is also at the national benchmark, providing strong purchasing power. The slightly higher concentration of these roles suggests consistent demand.

Is Cincinnati, OH-KY-IN a good place to live for Cost Estimators?

The Cost of Living Index in Cincinnati, OH-KY-IN is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Cincinnati, OH-KY-IN?

Some top paying nearby cities include Dayton-Kettering-Beavercreek, OH ($78,400) and Springfield, OH.

How does the Cincinnati salary compare to the national average?

The average annual salary for Cost Estimators in Cincinnati is $81,150, which is slightly below the national average of $83,140.

What is the Cost of Living in Cincinnati for Cost Estimators?

The Cost of Living Index in Cincinnati is 100, which is exactly the national average, meaning your salary has standard purchasing power.

How many Cost Estimators work in Cincinnati?

There are approximately 1,660 Cost Estimators employed in the Cincinnati, OH-KY-IN metropolitan area.

Is the job market for Cost Estimators strong in Cincinnati?

With a Location Quotient of 1.07, the market shows a slightly higher concentration of Cost Estimators than the national average, indicating a stable and potentially growing demand.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,660 employees in the Cincinnati, OH-KY-IN area with a job density of 1.52 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 Cincinnati, OH-KY-IN