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Average Cost Estimators Salary in Cleveland, OH

Cost Estimators in Cleveland, OH earn an average annual salary of $82,820, a figure that closely mirrors the national average of $83,140. This slight parity suggests that while Cleveland offers a competitive compensation landscape, the specific economic drivers and industry demands within the region play a significant role in aligning pay scales with national benchmarks.

Executive Summary

  • Average Salary: $82,820 per year.
  • Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $131,470.
  • Outlook: Cleveland's market for Cost Estimators appears stable, with a local workforce of 1,550 professionals. The Location Quotient of 1.05 indicates a slightly higher concentration of these roles compared to the national average, suggesting a steady, if not growing, demand for skilled estimators within the metropolitan area.
2024 Market Data

Salary Overview

$82,820

The average Cost Estimators in Cleveland, OH earns-0.4%below the national average.

BreakdownBased on 40h/week
Hourly

$39.8

Weekly

$1,593

Monthly

$6,902

Cost Estimators Salary Distribution in Cleveland, OH

The salary for a Cost Estimator in Cleveland, OH, naturally escalates with experience. Entry-level positions typically fall within the lower percentiles, while seasoned professionals with extensive project portfolios and advanced analytical skills command salaries in the upper percentiles. This progression highlights significant earning potential as one advances through junior, mid-level, and senior estimator roles.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$47,100$22.6
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$62,115$29.9
ManagerOversees team, compliance, and project delivery.50% (Median)$76,980$37
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$103,525$49.8
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$131,470$63.2

Detailed Cost Estimators Market Analysis

Relocation Context

Nominal Salary

$82,820

Gross Pay

Real Wage (Purchasing Power)

$82,820

Adjusted for COL (100)

With an average annual salary of $82,820 and a Cost of Living Index of 100 (on par with the national average), Cost Estimators in Cleveland, OH, can expect their nominal earnings to translate directly into purchasing power. This means the salary offers a standard of living consistent with the national median, making relocation financially neutral from a cost-of-living perspective.

Job Market Context

1,550

Total Jobs

1.497

Per 1K Jobs

1.05

Location Quotient

Above Average

With a location quotient of 1.05, Cleveland, OH has a slightly higher-than-average concentration of Cost Estimators roles compared to the national norm.

The Location Quotient of 1.05 for Cost Estimators in Cleveland signifies a job market that is slightly more concentrated than the national average. This suggests a healthy presence of these roles, indicating a competitive but accessible environment for both employers seeking talent and professionals looking for opportunities within the region.

Nearby Job Markets

Nearby Cities for Cost Estimators

CitySalaryDist.
Akron, OH Cost Estimators Salary$76,920↓ 7%29 mi
Canton-Massillon, OH Cost Estimators Salary$90,040↑ 9%49 mi
Sandusky, OH Cost Estimators Salary$79,620↓ 4%53 mi
Youngstown-Warren, OH Cost Estimators Salary$72,350↓ 13%60 mi
Mansfield, OH Cost Estimators Salary$67,990↓ 18%66 mi

Comparing salaries near Cleveland, OH

Hiring Cost Estimatorss?

Frequently Asked Questions

How much does a Cost Estimators make in Cleveland, OH?

The median annual salary for a Cost Estimators in Cleveland, OH is $82,820. This typically ranges from $47,100 for entry-level positions to $131,470 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Cleveland, OH is 0.4% lower than the national median of $83,140.

Is Cleveland, OH a lucrative place for Cost Estimators?

Yes, Cleveland, OH offers a competitive salary for Cost Estimators.The average salary of $82,820 is nearly identical to the national average, and the Cost of Living Index of 100 means your earnings hold strong purchasing power locally.

Is Cleveland, OH a good place to live for Cost Estimators?

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

Where are the highest paying cities near Cleveland, OH?

Some top paying nearby cities include Akron, OH ($76,920) and Canton-Massillon, OH.

What is the average salary for a Cost Estimator in Cleveland, OH?

The average annual salary for a Cost Estimator in Cleveland, OH is $82,820.

How does Cleveland's Cost of Living compare to the national average?

Cleveland's Cost of Living Index is 100, which is exactly the national average, indicating that the general cost of goods and services is comparable nationwide.

Is there high demand for Cost Estimators in Cleveland?

With a Location Quotient of 1.05, the concentration of Cost Estimators in Cleveland is slightly above the national average, suggesting a stable and potentially growing demand for these professionals.

How many Cost Estimators work in Cleveland, OH?

There are approximately 1,550 Cost Estimators working in the Cleveland, OH area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,550 employees in the Cleveland, OH area with a job density of 1.497 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 Cleveland, OH