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Average Cost Estimators Salary in Mankato, MN

The average salary for a Cost Estimators in Mankato, MN is $78,550. This compensation is in line with national standards, reflecting a balanced and stable local job market.

Executive Summary

  • Average Salary: $78,550 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $118,620.
  • Outlook: The current demand for Cost Estimatorss is stable, with a local workforce of approximately 70 professionals. This role remains a specialized component of the broader Mankato, MN economy.
2024 Market Data

Salary Overview

$78,550

The average Cost Estimators in Mankato, MN earns-5.5%below the national average.

BreakdownBased on 40h/week
Hourly

$37.8

Weekly

$1,511

Monthly

$6,546

Cost Estimators Salary Distribution in Mankato, MN

The earning potential for Cost Estimatorss in Mankato, MN 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 $49,790, while highly experienced professionals can command wages upwards of $118,620.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$49,790$23.9
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$58,913$28.3
ManagerOversees team, compliance, and project delivery.50% (Median)$75,910$36.5
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$98,188$47.2
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$118,620$57

Detailed Cost Estimators Market Analysis

Relocation Context

Nominal Salary

$78,550

Gross Pay

Real Wage (Purchasing Power)

$78,550

Adjusted for COL (100)

In Mankato, MN, the Cost of Living Index is 100. This increases your effective purchasing power from $78,550 to $78,550.

Job Market Context

70

Total Jobs

1.194

Per 1K Jobs

0.84

Location Quotient

Below Average

Mankato, MN has 0.84x 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.

70 people work as Cost Estimators in Mankato, MN.

1.194 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 Mankato, MN

Hiring Cost Estimatorss?

Frequently Asked Questions

How much does a Cost Estimators make in Mankato, MN?

The median annual salary for a Cost Estimators in Mankato, MN is $78,550. This typically ranges from $49,790 for entry-level positions to $118,620 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Mankato, MN is 5.5% lower than the national median of $83,140.

Is Mankato, MN a good place for Cost Estimatorss?

It depends on your priorities. While the average Cost Estimators salary in Mankato, MN is $78,550 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Mankato, MN. See distinct detailed breakdown below.

Is Mankato, MN a good place to live for Cost Estimators?

The Cost of Living Index in Mankato, MN is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Mankato, MN?

Some top paying nearby cities include Minneapolis-St. Paul-Bloomington, MN-WI ($87,790) and Rochester, MN.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 70 employees in the Mankato, MN area with a job density of 1.194 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.