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Average Cost Estimators Salary in Northeast Minnesota nonmetropolitan area

The average salary for a Cost Estimators in Northeast Minnesota nonmetropolitan area is $83,770. This compensation is in line with national standards, reflecting a balanced and stable local job market.

Executive Summary

  • Average Salary: $83,770 per year.
  • Growth Trend: Salaries have shifted 25.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $136,740.
  • Outlook: The current demand for Cost Estimatorss is stable, with a local workforce of approximately 50 professionals. This role remains a specialized component of the broader Northeast Minnesota nonmetropolitan area economy.
2024 Market Data

Salary Overview

$83,770

The average Cost Estimators in Northeast Minnesota nonmetropolitan area earns+0.8%above the national average.

BreakdownBased on 40h/week
Hourly

$40.3

Weekly

$1,611

Monthly

$6,981

Cost Estimators Salary Distribution in Northeast Minnesota nonmetropolitan area

The earning potential for Cost Estimatorss in Northeast Minnesota nonmetropolitan area 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 $56,160, while highly experienced professionals can command wages upwards of $136,740.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$56,160$27
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$62,828$30.2
ManagerOversees team, compliance, and project delivery.50% (Median)$76,190$36.6
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$104,713$50.3
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$136,740$65.7

Detailed Cost Estimators Market Analysis

Relocation Context

Nominal Salary

$83,770

Gross Pay

Real Wage (Purchasing Power)

$83,770

Adjusted for COL (100)

In Northeast Minnesota nonmetropolitan area, the Cost of Living Index is 100. This increases your effective purchasing power from $83,770 to $83,770.

Job Market Context

50

Total Jobs

1.071

Per 1K Jobs

0.75

Location Quotient

Below Average

Northeast Minnesota nonmetropolitan area has 0.75x 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.

50 people work as Cost Estimators in Northeast Minnesota nonmetropolitan area.

1.071 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 Northeast Minnesota nonmetropolitan area

Hiring Cost Estimatorss?

Frequently Asked Questions

How much does a Cost Estimators make in Northeast Minnesota nonmetropolitan area?

The median annual salary for a Cost Estimators in Northeast Minnesota nonmetropolitan area is $83,770. This typically ranges from $56,160 for entry-level positions to $136,740 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Northeast Minnesota nonmetropolitan area is 0.8% higher than the national median of $83,140.

Is Northeast Minnesota nonmetropolitan area a good place for Cost Estimatorss?

Yes, Northeast Minnesota nonmetropolitan area is financially attractive for Cost Estimatorss. The average salary of $83,770 exceeds the national average. See distinct detailed breakdown below.

Is Northeast Minnesota nonmetropolitan area a good place to live for Cost Estimators?

The Cost of Living Index in Northeast Minnesota nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Northeast Minnesota nonmetropolitan area?

Some top paying nearby cities include St. Cloud, MN ($78,000) and Minneapolis-St. Paul-Bloomington, MN-WI.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 50 employees in the Northeast Minnesota nonmetropolitan area area with a job density of 1.071 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.