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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.
2024 Market Data

Salary Overview

$93,510

The average Cost Estimators in Norwich-New London-Willimantic, CT earns+12.5%above the national average.

BreakdownBased on 40h/week
Hourly

$45

Weekly

$1,798

Monthly

$7,793

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 LevelMarket PercentileAnnual WageHourly 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

Below Average

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

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.