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Average Cost Estimators Salary in Mississippi

Cost Estimators in Mississippi earn an average annual salary of $69,980, which is notably below the national average of $83,140. This disparity is often influenced by regional economic factors, industry concentration, and the overall demand for specialized skills within the state. Mississippi's unique economic landscape shapes the compensation structure for this vital role.

Executive Summary

  • Average Salary: $69,980 per year.
  • Growth Trend: Salaries have shifted 7.3% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $100,460.
  • Outlook: With a local workforce of approximately 1,300 Cost Estimators, Mississippi presents a moderate employment landscape for this profession. The Location Quotient of 0.78 suggests a slightly lower concentration of these roles compared to the national average, indicating a stable but not rapidly expanding job market. The presence of over a thousand professionals signifies a consistent need for their expertise in the state's construction and industrial sectors.
2024 Market Data

Salary Overview

$69,980

The average Cost Estimators in Mississippi earns-15.8%below the national average.

BreakdownBased on 40h/week
Hourly

$33.6

Weekly

$1,346

Monthly

$5,832

Cost Estimators Salary Distribution in Mississippi

Salary progression for Cost Estimators in Mississippi typically correlates with experience and specialization. Entry-level positions might start closer to the lower end of the pay scale, while seasoned professionals with extensive project portfolios and advanced certifications can command significantly higher salaries, potentially reaching into the upper percentiles. The gap between entry-level and senior roles reflects the value placed on accumulated knowledge and proven estimation accuracy.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$40,950$19.7
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$52,485$25.2
ManagerOversees team, compliance, and project delivery.50% (Median)$66,410$31.9
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$87,475$42.1
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$100,460$48.3

Detailed Cost Estimators Market Analysis

Relocation Context

Nominal Salary

$69,980

Gross Pay

Real Wage (Purchasing Power)

$80,715

Adjusted for COL (86.7)

The nominal average salary of $69,980 in Mississippi should be viewed through the lens of its Cost of Living Index, which stands at 86.7 (100 being the national average). This indicates that the purchasing power of a Cost Estimator's salary in Mississippi is likely higher than the raw salary figure suggests, as everyday expenses are generally lower than the national norm.

Job Market Context

1,300

Total Jobs

1.118

Per 1K Jobs

0.78

Location Quotient

Below Average

Mississippi has 0.78x 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 0.78 for Cost Estimators in Mississippi indicates that the profession is slightly less concentrated than the national average. This suggests that while the demand exists, the market may not be saturated, potentially offering good opportunities for skilled individuals. It implies a steady, rather than hyper-competitive, environment for those seeking employment or career advancement in this role within the state.

Nearby Job Markets

Nearby Cities for Cost Estimators

CitySalaryDist.
Jackson, MS Cost Estimators Salary$74,060↑ 6%43 mi

Comparing salaries near Mississippi

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Frequently Asked Questions

How much does a Cost Estimators make in Mississippi?

The median annual salary for a Cost Estimators in Mississippi is $69,980. This typically ranges from $40,950 for entry-level positions to $100,460 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Mississippi is 15.8% lower than the national median of $83,140.

Is Mississippi a lucrative place for Cost Estimators?

No, not when compared to national averages.While Mississippi offers a lower cost of living which enhances purchasing power, the average salary for Cost Estimators is significantly below the national average. This indicates that while affordable, the state does not offer the highest earning potential for this profession.

Is Mississippi a good place to live for Cost Estimators?

With a Cost of Living Index of 86.7 (lower than the national average of 100), your salary goes further here.

Where are the highest paying cities near Mississippi?

Some top paying nearby cities include Jackson, MS ($74,060) and others.

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

The average annual salary for a Cost Estimator in Mississippi is $69,980.

How does Mississippi's Cost Estimator salary compare to the national average?

The average salary in Mississippi ($69,980) is lower than the national average salary of $83,140.

What is the Cost of Living Index in Mississippi?

Mississippi has a Cost of Living Index of 86.7, which is below the national average of 100, meaning it is generally more affordable to live there.

How concentrated is the Cost Estimator job market in Mississippi?

The job market for Cost Estimators in Mississippi has a Location Quotient of 0.78, indicating a slightly lower concentration of these roles compared to the national average.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,300 employees in the Mississippi area with a job density of 1.118 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 Mississippi