Average Cost Estimators Salary in Denver-Aurora-Centennial, CO
Cost Estimators in the Denver-Aurora-Centennial, CO metropolitan area are earning an impressive average annual salary of $89,550. This figure significantly surpasses the national average of $83,140, indicating a strong local demand for these professionals. The robust economic landscape and specialized industry needs within the Denver region likely contribute to this elevated compensation.
Executive Summary
- Average Salary: $89,550 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $128,370.
- Outlook: The Denver-Aurora-Centennial area presents a robust job market for Cost Estimators, evidenced by a total local workforce of 3,790 individuals in this role. With a Location Quotient of 1.64, the concentration of Cost Estimators here is substantially higher than the national average, signaling a strong and consistent demand that outpaces the general U.S. market.
Salary Overview
The average Cost Estimators in Denver-Aurora-Centennial, CO earns+7.7%above the national average.
$43.1
$1,722
$7,463
Cost Estimators Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that Cost Estimator salaries in Denver-Aurora-Centennial have experienced steady growth over the past four years, mirroring national trends. Factors such as inflation, increased project complexity, and a growing need for accurate cost projections in the region's dynamic construction and manufacturing sectors would typically drive upward salary adjustments.
Cost Estimators Salary Distribution in Denver-Aurora-Centennial, CO
Salary progression for Cost Estimators in Denver-Aurora-Centennial typically scales significantly with experience. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with extensive project management and analytical expertise can command salaries in the upper percentiles. The widening gap between entry-level and senior salaries clearly signifies substantial career progression and increased earning potential as expertise grows.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $53,690 | $25.8 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $67,163 | $32.3 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $83,300 | $40 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $111,938 | $53.8 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $128,370 | $61.7 |
Detailed Cost Estimators Market Analysis
Relocation Context
Nominal Salary
$89,550
Gross Pay
Real Wage (Purchasing Power)
$89,550
Adjusted for COL (100)
The average annual salary of $89,550 for Cost Estimators in Denver-Aurora-Centennial aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the nominal salary earned translates directly into purchasing power equivalent to the national standard, offering a stable financial footing for professionals relocating to or residing in the area.
Job Market Context
3,790
Total Jobs
2.342
Per 1K Jobs
1.64
Location Quotient
Denver-Aurora-Centennial, CO has 1.6x the national concentration of Cost Estimators jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.
A Location Quotient of 1.64 indicates that Cost Estimators are approximately 64% more concentrated in the Denver-Aurora-Centennial area than in the nation as a whole. This suggests a highly specialized and potentially competitive market where employers actively seek out experienced talent, and professionals may find more targeted career opportunities compared to less concentrated regions.
Nearby Job Markets
Nearby Cities for Cost Estimators
| City | Salary | Dist. |
|---|---|---|
| Boulder, CO Cost Estimators Salary | $88,950↓ 1% | 27 mi |
| Greeley, CO Cost Estimators Salary | $82,800↓ 8% | 45 mi |
| Northwest Colorado nonmetropolitan area Cost Estimators Salary | $84,870↓ 5% | 54 mi |
| Southwest Colorado nonmetropolitan area Cost Estimators Salary | $76,560↓ 15% | 54 mi |
| Eastern and Southern Colorado nonmetropolitan area Cost Estimators Salary | $76,480↓ 15% | 54 mi |
Comparing salaries near Denver-Aurora-Centennial, CO
Hiring Cost Estimatorss?
Frequently Asked Questions
How much does a Cost Estimators make in Denver-Aurora-Centennial, CO?
The median annual salary for a Cost Estimators in Denver-Aurora-Centennial, CO is $89,550. This typically ranges from $53,690 for entry-level positions to $128,370 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Denver-Aurora-Centennial, CO is 7.7% higher than the national median of $83,140.
Is Denver-Aurora-Centennial, CO a lucrative place for Cost Estimators?
Yes, Denver-Aurora-Centennial, CO is a lucrative location for Cost Estimators.Cost Estimators in this area earn an average of $89,550 annually, significantly above the national average, while maintaining a cost of living that is on par with the national average.
Is Denver-Aurora-Centennial, CO a good place to live for Cost Estimators?
The Cost of Living Index in Denver-Aurora-Centennial, CO is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Denver-Aurora-Centennial, CO?
Some top paying nearby cities include Boulder, CO ($88,950) and Greeley, CO.
How does the number of Cost Estimators in Denver compare to the national average?
Denver-Aurora-Centennial has 2.342 Cost Estimators per 1,000 workers, which is considerably higher than the national average, indicating a strong local presence and demand for this profession.
What is the significance of the Location Quotient for Cost Estimators in Denver?
A Location Quotient of 1.64 means that the concentration of Cost Estimators in Denver-Aurora-Centennial is 64% higher than the national average, suggesting a specialized and robust job market for this role.
Does the cost of living affect the purchasing power of a Cost Estimator's salary in Denver?
No, the cost of living in Denver-Aurora-Centennial is exactly at the national average (100). Therefore, the average salary of $89,550 offers purchasing power equivalent to the national average.
What is the total number of Cost Estimators employed in the Denver-Aurora-Centennial area?
There are approximately 3,790 Cost Estimators employed within the Denver-Aurora-Centennial metropolitan area, reflecting a substantial 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 3,790 employees in the Denver-Aurora-Centennial, CO area with a job density of 2.342 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 Denver-Aurora-Centennial, CO