Average Cost Estimators Salary in Norwich-New London-Willimantic, CT
Yes, Norwich-New London-Willimantic, CT is a highly lucrative market for Cost Estimatorss. With an average annual salary of $93,510, professionals here earn significantly more than the national norm.
Executive Summary
- Average Salary: $93,510 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $138,350.
- Outlook: The current demand for Cost Estimatorss is stable, with a local workforce of approximately 130 professionals. This role remains a specialized component of the broader Norwich-New London-Willimantic, CT economy.
Salary Overview
The average Cost Estimators in Norwich-New London-Willimantic, CT earns+12.5%above the national average.
$45
$1,798
$7,793
Cost Estimators Salary Trends (2020-2024)
Historical trend data for Cost Estimators in Norwich-New London-Willimantic, CT is limited, but current market signals indicate a stable demand environment.
Cost Estimators Salary Distribution in Norwich-New London-Willimantic, CT
The earning potential for Cost Estimatorss in Norwich-New London-Willimantic, CT varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 2.7x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $51,470, while highly experienced professionals can command wages upwards of $138,350.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $51,470 | $24.7 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $70,133 | $33.7 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $90,940 | $43.7 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $116,888 | $56.2 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $138,350 | $66.5 |
Detailed Cost Estimators Market Analysis
Relocation Context
Nominal Salary
$93,510
Gross Pay
Real Wage (Purchasing Power)
$93,510
Adjusted for COL (100)
In Norwich-New London-Willimantic, CT, the Cost of Living Index is 100. This increases your effective purchasing power from $93,510 to $93,510.
Job Market Context
130
Total Jobs
1.012
Per 1K Jobs
0.71
Location Quotient
Norwich-New London-Willimantic, CT has 0.71x 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.
130 people work as Cost Estimators in Norwich-New London-Willimantic, CT.
1.012 out of every 1,000 local jobs are Cost Estimators positions — a typical concentration.
Nearby Job Markets
Nearby Cities for Cost Estimators
| City | Salary | Dist. |
|---|---|---|
| Hartford-West Hartford-East Hartford, CT Cost Estimators Salary | $86,730↓ 7% | 34 mi |
| Connecticut nonmetropolitan area Cost Estimators Salary | $83,960↓ 10% | 35 mi |
| Providence-Warwick, RI-MA Cost Estimators Salary | $92,350↓ 1% | 39 mi |
| Springfield, MA Cost Estimators Salary | $96,240↑ 3% | 45 mi |
| New Haven, CT Cost Estimators Salary | $83,930↓ 10% | 46 mi |
Comparing salaries near Norwich-New London-Willimantic, CT
Hiring Cost Estimatorss?
Frequently Asked Questions
How much does a Cost Estimators make in Norwich-New London-Willimantic, CT?
The median annual salary for a Cost Estimators in Norwich-New London-Willimantic, CT is $93,510. This typically ranges from $51,470 for entry-level positions to $138,350 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Norwich-New London-Willimantic, CT is 12.5% higher than the national median of $83,140.
Is Norwich-New London-Willimantic, CT a good place for Cost Estimatorss?
Yes, Norwich-New London-Willimantic, CT is financially attractive for Cost Estimatorss. The average salary of $93,510 exceeds the national average. See distinct detailed breakdown below.
Is Norwich-New London-Willimantic, CT a good place to live for Cost Estimators?
The Cost of Living Index in Norwich-New London-Willimantic, CT is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Norwich-New London-Willimantic, CT?
Some top paying nearby cities include Hartford-West Hartford-East Hartford, CT ($86,730) and Connecticut nonmetropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 130 employees in the Norwich-New London-Willimantic, CT area with a job density of 1.012 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Cost Estimators • Data source: BLS OEWS 2024 •Jobs in Norwich-New London-Willimantic, CT