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Average Cost Estimators Salary in Lansing-East Lansing, MI

Cost Estimators in Lansing-East Lansing, MI, earn an average annual salary of $79,030. This figure is slightly below the national average of $83,140, a common occurrence in regions with a cost of living that aligns precisely with the national benchmark. Local economic factors and industry demand within the Lansing-East Lansing metropolitan area contribute to this specific compensation level.

Executive Summary

  • Average Salary: $79,030 per year.
  • Growth Trend: Salaries have shifted 16.8% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $114,530.
  • Outlook: The Lansing-East Lansing area supports a dedicated workforce of 250 Cost Estimators. With a Location Quotient of 0.83, the concentration of these professionals is just below the national average, suggesting a stable but not overly saturated job market. The presence of 1.178 jobs per 1,000 workers indicates a consistent, albeit moderate, demand for skilled cost estimation professionals within the region.
2024 Market Data

Salary Overview

$79,030

The average Cost Estimators in Lansing-East Lansing, MI earns-4.9%below the national average.

BreakdownBased on 40h/week
Hourly

$38

Weekly

$1,520

Monthly

$6,586

Cost Estimators Salary Distribution in Lansing-East Lansing, MI

Career progression for Cost Estimators typically involves a significant salary increase with experience. Entry-level positions might start closer to the lower percentiles, while senior estimators with extensive project portfolios and specialized knowledge can command salaries well into the upper percentiles. The widening gap between entry-level and senior roles signifies substantial opportunities for career advancement and earning potential.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$45,460$21.9
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$59,273$28.5
ManagerOversees team, compliance, and project delivery.50% (Median)$75,800$36.4
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$98,788$47.5
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$114,530$55.1

Detailed Cost Estimators Market Analysis

Relocation Context

Nominal Salary

$79,030

Gross Pay

Real Wage (Purchasing Power)

$79,030

Adjusted for COL (100)

The average annual salary of $79,030 in Lansing-East Lansing, MI, is directly comparable to the national average cost of living, which stands at an index of 100. This means that the purchasing power of a Cost Estimator's salary in this region is effectively on par with the national average, offering a stable financial environment for residents.

Job Market Context

250

Total Jobs

1.178

Per 1K Jobs

0.83

Location Quotient

Below Average

Lansing-East Lansing, MI has 0.83x 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.

A Location Quotient of 0.83 for Cost Estimators in Lansing-East Lansing indicates that the region has a slightly lower concentration of these professionals compared to the national average. This suggests that while the job market is not exceptionally dense, there is a steady presence of these roles, implying a balanced supply and demand dynamic rather than intense competition.

Nearby Job Markets

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Frequently Asked Questions

How much does a Cost Estimators make in Lansing-East Lansing, MI?

The median annual salary for a Cost Estimators in Lansing-East Lansing, MI is $79,030. This typically ranges from $45,460 for entry-level positions to $114,530 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Lansing-East Lansing, MI is 4.9% lower than the national median of $83,140.

Is Lansing-East Lansing, MI a lucrative place for Cost Estimators?

Yes, it offers a stable earning potential.Cost Estimators in Lansing-East Lansing earn $79,030, which aligns with the national average cost of living, providing good purchasing power. The market shows consistent demand with a stable workforce concentration.

Is Lansing-East Lansing, MI a good place to live for Cost Estimators?

The Cost of Living Index in Lansing-East Lansing, MI is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Lansing-East Lansing, MI?

Some top paying nearby cities include Jackson, MI ($77,280) and Mid Michigan nonmetropolitan area.

How does the Lansing-East Lansing salary compare to the national average?

The average salary for Cost Estimators in Lansing-East Lansing is $79,030, which is slightly lower than the national average of $83,140.

What is the cost of living in Lansing-East Lansing, MI?

The cost of living in Lansing-East Lansing, MI, is exactly at the national average, with a Cost of Living Index of 100.

How concentrated is the Cost Estimator job market in Lansing-East Lansing?

The job market for Cost Estimators in Lansing-East Lansing has a Location Quotient of 0.83, indicating a slightly lower concentration of these professionals compared to the national average.

What is the total number of Cost Estimators in Lansing-East Lansing?

There are approximately 250 Cost Estimators working in the Lansing-East Lansing, MI area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 250 employees in the Lansing-East Lansing, MI area with a job density of 1.178 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.