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Average Cost Estimators Salary in Missouri

Cost Estimators in Missouri earn an average annual salary of $76,550. This figure is notably below the national average of $83,140, reflecting a combination of regional economic factors and the state's overall compensation landscape. The specific economic conditions and industry demands within Missouri directly influence this localized pay scale.

Executive Summary

  • Average Salary: $76,550 per year.
  • Growth Trend: Salaries have shifted 3.0% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $116,060.
  • Outlook: With a substantial local workforce of 6,990 Cost Estimators, Missouri demonstrates a significant presence in this profession. The Location Quotient of 1.68 indicates that this role is more concentrated in Missouri than the national average, suggesting a robust and potentially growing demand for these skilled professionals within the state's economy.
2024 Market Data

Salary Overview

$76,550

The average Cost Estimators in Missouri earns-7.9%below the national average.

BreakdownBased on 40h/week
Hourly

$36.8

Weekly

$1,472

Monthly

$6,379

Cost Estimators Salary Distribution in Missouri

The salary range for Cost Estimators in Missouri typically widens significantly with experience. Entry-level positions may start closer to the lower percentiles, while seasoned professionals with extensive project portfolios and specialized knowledge can command salaries in the upper percentiles, reflecting their increased value and expertise.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$41,910$20.1
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$57,413$27.6
ManagerOversees team, compliance, and project delivery.50% (Median)$73,360$35.3
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$95,688$46
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$116,060$55.8

Detailed Cost Estimators Market Analysis

Relocation Context

Nominal Salary

$76,550

Gross Pay

Real Wage (Purchasing Power)

$86,595

Adjusted for COL (88.4)

The nominal average salary of $76,550 in Missouri presents a favorable financial situation when contrasted with the state's Cost of Living Index of 88.4, which is below the national average of 100. This means that the purchasing power of a Cost Estimator's salary in Missouri is likely higher than the national average, offering a better standard of living.

Job Market Context

6,990

Total Jobs

2.394

Per 1K Jobs

1.68

Location Quotient

Major Hub

Missouri has 1.7x the national concentration of Cost Estimators jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.

A Location Quotient of 1.68 signifies that Cost Estimators are 68% more concentrated in Missouri than in the average U.S. state. This higher concentration suggests a strong, established market for these professionals, indicating that employers actively seek out and value their expertise within the state.

Nearby Job Markets

Nearby Cities for Cost Estimators

CitySalaryDist.
Jefferson City, MO Cost Estimators Salary$70,410↓ 8%10 mi
Columbia, MO Cost Estimators Salary$72,600↓ 5%34 mi

Comparing salaries near Missouri

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Frequently Asked Questions

How much does a Cost Estimators make in Missouri?

The median annual salary for a Cost Estimators in Missouri is $76,550. This typically ranges from $41,910 for entry-level positions to $116,060 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Missouri is 7.9% lower than the national median of $83,140.

Is Missouri a lucrative place for Cost Estimators?

Yes, considering the cost of living.While the nominal salary is below the national average, Missouri's lower cost of living significantly enhances the purchasing power of a Cost Estimator's earnings.

Is Missouri a good place to live for Cost Estimators?

With a Cost of Living Index of 88.4 (lower than the national average of 100), your salary goes further here.

Where are the highest paying cities near Missouri?

Some top paying nearby cities include Jefferson City, MO ($70,410) and Columbia, MO.

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

The average annual salary for Cost Estimators in Missouri is $76,550, which is lower than the national average of $83,140.

What is the concentration of Cost Estimators in Missouri?

Missouri has a Location Quotient of 1.68 for Cost Estimators, meaning the profession is 68% more concentrated in the state compared to the national average.

How does the cost of living in Missouri affect salary perception?

With a Cost of Living Index of 88.4 (100 being the national average), Missouri offers a lower cost of living, making the $76,550 salary potentially more valuable in terms of purchasing power.

What is the total number of Cost Estimators in Missouri?

There are approximately 6,990 Cost Estimators employed in Missouri.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 6,990 employees in the Missouri area with a job density of 2.394 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 Missouri