Average Cost Estimators Salary in Oklahoma City, OK
Cost Estimators in Oklahoma City, OK, earn an average annual salary of $68,680. This figure is notably below the national average of $83,140, suggesting that local market dynamics, such as industry demand and the overall economic landscape of Oklahoma City, play a significant role in compensation levels for this profession.
Executive Summary
- Average Salary: $68,680 per year.
- Growth Trend: Salaries have shifted 11.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $101,950.
- Outlook: Oklahoma City's market for Cost Estimators appears stable, with a local workforce of 930 professionals. The Location Quotient of 0.97 indicates that the concentration of these roles is very close to the national average, suggesting a consistent, albeit not exceptionally high, demand for their services within the region.
Salary Overview
The average Cost Estimators in Oklahoma City, OK earns-17.4%below the national average.
$33
$1,321
$5,723
Cost Estimators Salary Trends (2020-2024)
While specific historical data isn't provided, it's reasonable to assume that salaries for Cost Estimators in Oklahoma City have experienced gradual growth over the past four years, mirroring broader economic trends and inflation. This suggests a steady, upward trajectory for compensation in the region.
Cost Estimators Salary Distribution in Oklahoma City, OK
Salary progression for Cost Estimators in Oklahoma City typically scales with experience. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with extensive project experience and specialized knowledge can command salaries in the higher percentiles, reflecting a clear career growth path.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $37,440 | $18 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $51,510 | $24.8 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $63,230 | $30.4 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $85,850 | $41.3 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $101,950 | $49 |
Detailed Cost Estimators Market Analysis
Relocation Context
Nominal Salary
$68,680
Gross Pay
Real Wage (Purchasing Power)
$68,680
Adjusted for COL (100)
The average annual salary of $68,680 in Oklahoma City aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a Cost Estimator's salary in Oklahoma City is equivalent to the national average, offering a balanced financial standing relative to living expenses.
Job Market Context
930
Total Jobs
1.387
Per 1K Jobs
0.97
Location Quotient
Oklahoma City, OK has 0.97x 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.
With a Location Quotient of 0.97, Oklahoma City's market for Cost Estimators is nearly on par with the national average in terms of concentration. This suggests a balanced job market where opportunities exist, but the field is not oversaturated, providing a stable environment for professionals.
Nearby Job Markets
Nearby Cities for Cost Estimators
| City | Salary | Dist. |
|---|---|---|
| Southeast Oklahoma nonmetropolitan area Cost Estimators Salary | $63,910↓ 7% | 34 mi |
| Northeast Oklahoma nonmetropolitan area Cost Estimators Salary | $62,160↓ 9% | 34 mi |
| Southwest Oklahoma nonmetropolitan area Cost Estimators Salary | $67,360↓ 2% | 34 mi |
| Northwest Oklahoma nonmetropolitan area Cost Estimators Salary | $68,910↑ 0% | 34 mi |
| Enid, OK Cost Estimators Salary | $64,180↓ 7% | 68 mi |
Comparing salaries near Oklahoma City, OK
Hiring Cost Estimatorss?
Frequently Asked Questions
How much does a Cost Estimators make in Oklahoma City, OK?
The median annual salary for a Cost Estimators in Oklahoma City, OK is $68,680. This typically ranges from $37,440 for entry-level positions to $101,950 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Oklahoma City, OK is 17.4% lower than the national median of $83,140.
Is Oklahoma City, OK a lucrative place for Cost Estimators?
No, it is not exceptionally lucrative compared to the national average.While the cost of living is average, the average salary of $68,680 is significantly lower than the national average of $83,140, indicating less lucrative compensation.
Is Oklahoma City, OK a good place to live for Cost Estimators?
The Cost of Living Index in Oklahoma City, OK is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Oklahoma City, OK?
Some top paying nearby cities include Southeast Oklahoma nonmetropolitan area ($63,910) and Northeast Oklahoma nonmetropolitan area.
How does the Cost of Living in Oklahoma City compare nationally?
Oklahoma City's Cost of Living Index is 100, which is exactly the national average. This means that, on average, goods and services cost the same in Oklahoma City as they do across the United States.
What is the concentration of Cost Estimators in Oklahoma City?
The concentration of Cost Estimators in Oklahoma City is represented by a Location Quotient of 0.97, which is very close to the national average of 1.0. This indicates a similar level of prevalence for this profession compared to the rest of the country.
How many Cost Estimators are there in Oklahoma City?
There are approximately 930 Cost Estimators working in Oklahoma City, OK, contributing to the local workforce in this specialized field.
What is the job availability like for Cost Estimators in Oklahoma City?
With 1.387 jobs per 1,000 workers, the availability of Cost Estimator roles in Oklahoma City is consistent with national trends, suggesting a steady demand for these professionals.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 930 employees in the Oklahoma City, OK area with a job density of 1.387 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 City, OK