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Average Cost Estimators Salary in Florida

In Florida, Cost Estimators earn an average annual salary of $76,900, which is slightly below the national average of $83,140. This difference can be attributed to a variety of factors, including the specific industry demands within the state and the overall economic landscape that influences compensation for specialized roles like cost estimation.

Executive Summary

  • Average Salary: $76,900 per year.
  • Growth Trend: Salaries have shifted 17.7% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $122,630.
  • Outlook: Florida's market for Cost Estimators appears robust, supporting a substantial local workforce of 14,640 professionals. With a Location Quotient of 1.05, the concentration of these roles in Florida is slightly higher than the national average, indicating a steady demand and a healthy job market for individuals in this field.
2024 Market Data

Salary Overview

$76,900

The average Cost Estimators in Florida earns-7.5%below the national average.

BreakdownBased on 40h/week
Hourly

$37

Weekly

$1,479

Monthly

$6,408

Cost Estimators Salary Distribution in Florida

Salary progression for Cost Estimators in Florida typically scales significantly with experience. Entry-level positions might start closer to the lower end of the pay scale, while seasoned professionals with extensive experience and specialized knowledge can command salaries well above the average. The percentile gaps in earnings clearly signify the career progression and increased earning potential as one advances in the field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$41,590$20
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$57,675$27.7
ManagerOversees team, compliance, and project delivery.50% (Median)$71,920$34.6
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$96,125$46.2
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$122,630$59

Detailed Cost Estimators Market Analysis

Relocation Context

Nominal Salary

$76,900

Gross Pay

Real Wage (Purchasing Power)

$75,171

Adjusted for COL (102.3)

While the nominal average salary in Florida for Cost Estimators is $76,900, the local Cost of Living Index stands at 102.3, just above the national average. This means that while the take-home pay is slightly lower than the national average, the cost of living is also only marginally higher, suggesting that the purchasing power of a Cost Estimator's salary in Florida is relatively stable when compared to national benchmarks.

Job Market Context

14,640

Total Jobs

1.49

Per 1K Jobs

1.05

Location Quotient

Above Average

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

Florida's Location Quotient of 1.05 for Cost Estimators indicates a job market that is slightly more concentrated than the national average. This suggests that while the demand is present and perhaps even slightly elevated compared to other regions, the market is not overly saturated, offering a competitive yet accessible environment for skilled professionals.

Nearby Job Markets

Nearby Cities for Cost Estimators

CitySalaryDist.
Sebring, FL Cost Estimators Salary$73,350↓ 5%25 mi
Lakeland-Winter Haven, FL Cost Estimators Salary$78,470↑ 2%26 mi
Tampa-St. Petersburg-Clearwater, FL Cost Estimators Salary$79,990↑ 4%49 mi
Orlando-Kissimmee-Sanford, FL Cost Estimators Salary$77,720↑ 1%57 mi
North Port-Bradenton-Sarasota, FL Cost Estimators Salary$81,960↑ 7%58 mi

Comparing salaries near Florida

Hiring Cost Estimatorss?

Frequently Asked Questions

How much does a Cost Estimators make in Florida?

The median annual salary for a Cost Estimators in Florida is $76,900. This typically ranges from $41,590 for entry-level positions to $122,630 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Florida is 7.5% lower than the national median of $83,140.

Is Florida a lucrative place for Cost Estimators?

Moderately lucrative, with slight deviations from the national average.Florida offers a competitive salary for Cost Estimators, though it slightly trails the national average. The cost of living is also only marginally higher, making the overall financial picture comparable to national standards.

Is Florida a good place to live for Cost Estimators?

The Cost of Living Index in Florida is 102.3. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Florida?

Some top paying nearby cities include Sebring, FL ($73,350) and Lakeland-Winter Haven, FL.

What is the average salary for a Cost Estimator in Florida?

The average annual salary for a Cost Estimator in Florida is $76,900.

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

The average salary in Florida ($76,900) is slightly lower than the national average of $83,140.

What is the Cost of Living in Florida compared to the national average?

Florida's Cost of Living Index is 102.3, which is slightly above the national average of 100.

How concentrated is the Cost Estimator job market in Florida?

Florida has a Location Quotient of 1.05 for Cost Estimators, indicating a slightly higher concentration of these jobs compared to the national average.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 14,640 employees in the Florida area with a job density of 1.49 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 Florida