Average Cost Estimators Salary in Lafayette-West Lafayette, IN
The average salary for Cost Estimatorss in Lafayette-West Lafayette, IN is $72,650. While this is lower than the national average, the cost of living in Lafayette-West Lafayette, IN may offset the difference, preserving real purchasing power.
Executive Summary
- Average Salary: $72,650 per year.
- Growth Trend: Salaries have shifted 5.9% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $98,770.
- Outlook: The current demand for Cost Estimatorss is stable, with a local workforce of approximately 120 professionals. This role remains a specialized component of the broader Lafayette-West Lafayette, IN economy.
Salary Overview
The average Cost Estimators in Lafayette-West Lafayette, IN earns-12.6%below the national average.
$34.9
$1,397
$6,054
Cost Estimators Salary Trends (2020-2024)
Over the past 4 years, Cost Estimators salaries in Lafayette-West Lafayette, IN have remained stable with a modest increase of 5.9%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Cost Estimators Salary Distribution in Lafayette-West Lafayette, IN
The earning potential for Cost Estimatorss in Lafayette-West Lafayette, IN 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 $43,990, while highly experienced professionals can command wages upwards of $98,770.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $43,990 | $21.1 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $54,488 | $26.2 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $70,450 | $33.9 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $90,813 | $43.7 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $98,770 | $47.5 |
Detailed Cost Estimators Market Analysis
Relocation Context
Nominal Salary
$72,650
Gross Pay
Real Wage (Purchasing Power)
$72,650
Adjusted for COL (100)
In Lafayette-West Lafayette, IN, the Cost of Living Index is 100. This increases your effective purchasing power from $72,650 to $72,650.
Job Market Context
120
Total Jobs
1.17
Per 1K Jobs
0.82
Location Quotient
Lafayette-West Lafayette, IN has 0.82x 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.
120 people work as Cost Estimators in Lafayette-West Lafayette, IN.
1.17 out of every 1,000 local jobs are Cost Estimators positions — a typical concentration.
Nearby Job Markets
Nearby Cities for Cost Estimators
| City | Salary | Dist. |
|---|---|---|
| Kokomo, IN Cost Estimators Salary | $75,640↑ 4% | 39 mi |
| Northern Indiana nonmetropolitan area Cost Estimators Salary | $67,290↓ 7% | 50 mi |
| Southern Indiana nonmetropolitan area Cost Estimators Salary | $67,220↓ 7% | 50 mi |
| Central Indiana nonmetropolitan area Cost Estimators Salary | $65,440↓ 10% | 50 mi |
| Indianapolis-Carmel-Greenwood, IN Cost Estimators Salary | $78,690↑ 8% | 57 mi |
Comparing salaries near Lafayette-West Lafayette, IN
Hiring Cost Estimatorss?
Frequently Asked Questions
How much does a Cost Estimators make in Lafayette-West Lafayette, IN?
The median annual salary for a Cost Estimators in Lafayette-West Lafayette, IN is $72,650. This typically ranges from $43,990 for entry-level positions to $98,770 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Lafayette-West Lafayette, IN is 12.6% lower than the national median of $83,140.
Is Lafayette-West Lafayette, IN a good place for Cost Estimatorss?
It depends on your priorities. While the average Cost Estimators salary in Lafayette-West Lafayette, IN is $72,650 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Lafayette-West Lafayette, IN. See distinct detailed breakdown below.
Is Lafayette-West Lafayette, IN a good place to live for Cost Estimators?
The Cost of Living Index in Lafayette-West Lafayette, IN is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Lafayette-West Lafayette, IN?
Some top paying nearby cities include Kokomo, IN ($75,640) and Northern Indiana nonmetropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 120 employees in the Lafayette-West Lafayette, IN area with a job density of 1.17 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 Lafayette-West Lafayette, IN