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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.
2024 Market Data

Salary Overview

$72,650

The average Cost Estimators in Lafayette-West Lafayette, IN earns-12.6%below the national average.

BreakdownBased on 40h/week
Hourly

$34.9

Weekly

$1,397

Monthly

$6,054

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 LevelMarket PercentileAnnual WageHourly 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

Below Average

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

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.