Average Cost Estimators Salary in Oklahoma
Cost Estimators in Oklahoma earn an average annual salary of $68,560, which is below the national average of $83,140. This disparity is often influenced by regional economic factors and the overall demand for specialized roles within the state's industries. While the nominal salary may seem lower, the cost of living in Oklahoma plays a crucial role in understanding the true purchasing power of these earnings.
Executive Summary
- Average Salary: $68,560 per year.
- Growth Trend: Salaries have shifted 2.4% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $103,220.
- Outlook: With a local workforce of 2,100 Cost Estimators, Oklahoma presents a moderately sized market for this profession. The Location Quotient of 0.87 suggests that while the concentration of these roles is slightly below the national average, there is still a consistent presence and demand within the state's economy. The figure of 1.242 jobs per 1,000 workers indicates a stable, albeit not exceptionally high, level of employment opportunities.
Salary Overview
The average Cost Estimators in Oklahoma earns-17.5%below the national average.
$33
$1,318
$5,713
Cost Estimators Salary Trends (2020-2024)
While specific historical data for Oklahoma Cost Estimators is not provided, it is generally assumed that salaries for this role have experienced steady growth over the past four years, mirroring national trends. Economic development and increased project activity within sectors like construction and manufacturing typically drive up demand and, consequently, compensation for skilled estimators.
Cost Estimators Salary Distribution in Oklahoma
Salary progression for Cost Estimators in Oklahoma typically scales with experience. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with extensive project portfolios and specialized knowledge can command salaries in the higher percentiles. The widening gap between entry-level and senior roles signifies clear career advancement opportunities and increased earning potential as expertise grows.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $38,260 | $18.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $51,420 | $24.7 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $63,790 | $30.7 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $85,700 | $41.2 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $103,220 | $49.6 |
Detailed Cost Estimators Market Analysis
Relocation Context
Nominal Salary
$68,560
Gross Pay
Real Wage (Purchasing Power)
$79,721
Adjusted for COL (86)
The average annual salary of $68,560 in Oklahoma is significantly bolstered by the state's cost of living index of 86, which is 14% lower than the national average. This means that the nominal income of a Cost Estimator in Oklahoma likely offers a higher effective purchasing power compared to earning the national average salary in a higher cost-of-living area.
Job Market Context
2,100
Total Jobs
1.242
Per 1K Jobs
0.87
Location Quotient
Oklahoma has 0.87x 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 0.87 indicates that Oklahoma has a slightly lower concentration of Cost Estimators relative to the national average. This suggests that while the profession is established, the market may not be oversaturated, potentially offering a competitive environment for skilled professionals. The demand, represented by 1.242 jobs per 1,000 workers, points to a steady need for these analytical roles within the state.
Nearby Job Markets
Nearby Cities for Cost Estimators
| City | Salary | Dist. |
|---|---|---|
| Oklahoma City, OK Cost Estimators Salary | $68,680↑ 0% | 34 mi |
| Tulsa, OK Cost Estimators Salary | $70,670↑ 3% | 69 mi |
| Enid, OK Cost Estimators Salary | $64,180↓ 6% | 78 mi |
Comparing salaries near Oklahoma
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Frequently Asked Questions
How much does a Cost Estimators make in Oklahoma?
The median annual salary for a Cost Estimators in Oklahoma is $68,560. This typically ranges from $38,260 for entry-level positions to $103,220 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Oklahoma is 17.5% lower than the national median of $83,140.
Is Oklahoma a lucrative place for Cost Estimators?
Yes, considering the cost of living.While the average salary is below the national benchmark, Oklahoma's significantly lower cost of living index means that $68,560 offers strong purchasing power. The stable job market also provides consistent opportunities for skilled professionals.
Is Oklahoma a good place to live for Cost Estimators?
With a Cost of Living Index of 86 (lower than the national average of 100), your salary goes further here.
Where are the highest paying cities near Oklahoma?
Some top paying nearby cities include Oklahoma City, OK ($68,680) and Tulsa, OK.
How does experience impact a Cost Estimator's salary in Oklahoma?
Experience is a primary driver of salary increases for Cost Estimators in Oklahoma. Junior estimators typically earn less, while senior estimators with proven track records and specialized skills can command significantly higher salaries, reflecting their value and expertise.
What is the national average salary for a Cost Estimator?
The national average annual salary for a Cost Estimator is approximately $83,140. This figure serves as a benchmark against which regional salaries, such as those in Oklahoma, can be compared.
How does Oklahoma's cost of living compare to the national average?
Oklahoma's cost of living index is 86, meaning it is 14% more affordable than the national average (indexed at 100). This makes the local salary more impactful in terms of real purchasing power.
What does a Location Quotient of 0.87 mean for Cost Estimators in Oklahoma?
A Location Quotient of 0.87 indicates that the proportion of Cost Estimators in Oklahoma is slightly lower than the national average. This suggests a stable, but not overly saturated, job market for this profession within the state.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,100 employees in the Oklahoma area with a job density of 1.242 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 Oklahoma