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Average Cost Estimators Salary in Hawaii

Cost Estimators in Hawaii earn an average annual salary of $82,860, a figure that closely mirrors the national average of $83,140. While the nominal pay is comparable, the unique economic landscape and operational costs inherent to an island state often influence compensation structures for specialized roles like cost estimation.

Executive Summary

  • Average Salary: $82,860 per year.
  • Growth Trend: Salaries have shifted 1.8% ↘ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $126,550.
  • Outlook: With a local workforce of 960 Cost Estimators and a Location Quotient of 1.09, Hawaii demonstrates a slightly higher concentration of these professionals than the national average. This suggests a stable, albeit niche, demand for cost estimation expertise within the state's economy, indicating a robust job market for skilled individuals in this field.
2024 Market Data

Salary Overview

$82,860

The average Cost Estimators in Hawaii earns-0.3%below the national average.

BreakdownBased on 40h/week
Hourly

$39.8

Weekly

$1,593

Monthly

$6,905

Cost Estimators Salary Distribution in Hawaii

Salary progression for Cost Estimators in Hawaii, as elsewhere, is significantly influenced by experience. Entry-level positions typically start at the lower end of the pay scale, while seasoned professionals with extensive project portfolios and specialized knowledge can command salaries well into the upper percentiles. The widening gap between entry-level and senior roles underscores the value of accumulated expertise and demonstrated success in the field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$44,030$21.2
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$62,145$29.9
ManagerOversees team, compliance, and project delivery.50% (Median)$78,630$37.8
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$103,575$49.8
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$126,550$60.8

Detailed Cost Estimators Market Analysis

Relocation Context

Nominal Salary

$82,860

Gross Pay

Real Wage (Purchasing Power)

$44,501

Adjusted for COL (186.2)

The nominal average salary of $82,860 in Hawaii must be considered against its significantly elevated Cost of Living Index of 186.2. This means that while the take-home pay is close to the national average, the purchasing power of that salary is substantially reduced due to the higher expenses associated with housing, goods, and services in the state.

Job Market Context

960

Total Jobs

1.553

Per 1K Jobs

1.09

Location Quotient

Above Average

With a location quotient of 1.09, Hawaii has a slightly higher-than-average concentration of Cost Estimators roles compared to the national norm.

A Location Quotient of 1.09 indicates that Cost Estimators are slightly more concentrated in Hawaii than the national average. This suggests a competitive market where employers may have a good pool of local talent, but it also signifies a recognized need for these skills within the state's industries, potentially leading to stable employment opportunities.

Nearby Job Markets

Nearby Cities for Cost Estimators

CitySalaryDist.
Urban Honolulu, HI Cost Estimators Salary$82,990↑ 0%37 mi
Kahului-Wailuku, HI Cost Estimators Salary$83,680↑ 1%69 mi

Comparing salaries near Hawaii

Hiring Cost Estimatorss?

Frequently Asked Questions

How much does a Cost Estimators make in Hawaii?

The median annual salary for a Cost Estimators in Hawaii is $82,860. This typically ranges from $44,030 for entry-level positions to $126,550 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Hawaii is 0.3% lower than the national median of $83,140.

Is Hawaii a lucrative place for Cost Estimatorss?

No, not entirely.While the average salary of $82,860 is comparable to the national average, Hawaii's extremely high cost of living significantly diminishes the real value of this income.

Is Hawaii a good place to live for Cost Estimators?

The Cost of Living Index in Hawaii is 186.2. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Hawaii?

Some top paying nearby cities include Urban Honolulu, HI ($82,990) and Kahului-Wailuku, HI.

How does the number of Cost Estimators in Hawaii compare to the national average?

Hawaii has approximately 960 Cost Estimators, and with a Location Quotient of 1.09, the concentration of these professionals is slightly higher than the national average.

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

The average annual salary for a Cost Estimator in Hawaii is $82,860.

How does Hawaii's cost of living affect a Cost Estimator's salary?

Hawaii's Cost of Living Index is 186.2, meaning expenses are 86.2% higher than the national average. This significantly reduces the purchasing power of the $82,860 average salary.

Are there many job opportunities for Cost Estimators in Hawaii?

With a Location Quotient slightly above the national average, there is a stable demand for Cost Estimators in Hawaii, suggesting consistent job opportunities within the state.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 960 employees in the Hawaii area with a job density of 1.553 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 Hawaii