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Average Cost Estimators Salary in Florence, SC

The average salary for Cost Estimatorss in Florence, SC is $63,800. While this is lower than the national average, the cost of living in Florence, SC may offset the difference, preserving real purchasing power.

Executive Summary

  • Average Salary: $63,800 per year.
  • Growth Trend: Salaries have shifted 5.8% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $90,140.
  • Outlook: The current demand for Cost Estimatorss is stable, with a local workforce of approximately 70 professionals. This role remains a specialized component of the broader Florence, SC economy.
2024 Market Data

Salary Overview

$63,800

The average Cost Estimators in Florence, SC earns-23.3%below the national average.

BreakdownBased on 40h/week
Hourly

$30.7

Weekly

$1,227

Monthly

$5,317

Cost Estimators Salary Distribution in Florence, SC

The earning potential for Cost Estimatorss in Florence, SC varies significantly by experience level. The salary gap is relatively narrow, suggesting consistent and predictable earnings from entry-level to senior positions. Entry-level roles (10th percentile) typically start around $38,490, while highly experienced professionals can command wages upwards of $90,140.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$38,490$18.5
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$47,850$23
ManagerOversees team, compliance, and project delivery.50% (Median)$59,640$28.7
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$79,750$38.3
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$90,140$43.3

Detailed Cost Estimators Market Analysis

Relocation Context

Nominal Salary

$63,800

Gross Pay

Real Wage (Purchasing Power)

$63,800

Adjusted for COL (100)

In Florence, SC, the Cost of Living Index is 100. This increases your effective purchasing power from $63,800 to $63,800.

Job Market Context

70

Total Jobs

0.813

Per 1K Jobs

0.57

Location Quotient

Below Average

Florence, SC has 0.57x 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.

70 people work as Cost Estimators in Florence, SC.

Only 0.813 out of every 1,000 local jobs are Cost Estimators roles — this is a niche profession in the area.

Nearby Job Markets

Hiring Cost Estimatorss?

Frequently Asked Questions

How much does a Cost Estimators make in Florence, SC?

The median annual salary for a Cost Estimators in Florence, SC is $63,800. This typically ranges from $38,490 for entry-level positions to $90,140 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Florence, SC is 23.3% lower than the national median of $83,140.

Is Florence, SC a good place for Cost Estimatorss?

It depends on your priorities. While the average Cost Estimators salary in Florence, SC is $63,800 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Florence, SC. See distinct detailed breakdown below.

Is Florence, SC a good place to live for Cost Estimators?

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

Where are the highest paying cities near Florence, SC?

Some top paying nearby cities include Sumter, SC ($67,350) and Myrtle Beach-Conway-North Myrtle Beach, SC.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 70 employees in the Florence, SC area with a job density of 0.813 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.