Average Cost Estimators Salary in Portland-South Portland, ME
In Portland-South Portland, ME, Cost Estimators earn an average annual salary of $78,410. This figure is slightly below the national average of $83,140, indicating a localized compensation structure influenced by regional economic factors and industry demand within the state. While not reaching the national benchmark, this salary reflects the specific market dynamics of the area.
Executive Summary
- Average Salary: $78,410 per year.
- Growth Trend: Salaries have shifted 17.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $110,240.
- Outlook: The Portland-South Portland, ME market for Cost Estimators is moderately sized, with a total local workforce of 380 professionals. The Location Quotient of 0.94 suggests a concentration of these roles that is very close to the national average, implying a stable and consistent demand for their expertise within the region.
Salary Overview
The average Cost Estimators in Portland-South Portland, ME earns-5.7%below the national average.
$37.7
$1,508
$6,534
Cost Estimators Salary Trends (2020-2024)
While specific historical data for Portland-South Portland, ME is not provided, it is generally assumed that salaries for Cost Estimators have experienced steady growth over the past four years, mirroring national trends. This growth is typically driven by inflation, increased demand for construction and development projects, and the evolving complexity of estimation requirements.
Cost Estimators Salary Distribution in Portland-South Portland, ME
The career trajectory for Cost Estimators in Portland-South Portland, ME, shows a significant salary progression 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 upper percentiles, reflecting their increased value and expertise.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $45,840 | $22 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $58,808 | $28.3 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $77,570 | $37.3 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $98,013 | $47.1 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $110,240 | $53 |
Detailed Cost Estimators Market Analysis
Relocation Context
Nominal Salary
$78,410
Gross Pay
Real Wage (Purchasing Power)
$78,410
Adjusted for COL (100)
With a Cost of Living Index of 100, Portland-South Portland, ME, is perfectly aligned with the national average. This means the nominal salary of $78,410 offers purchasing power equivalent to the national average, providing a stable financial standing for Cost Estimators residing in the area.
Job Market Context
380
Total Jobs
1.337
Per 1K Jobs
0.94
Location Quotient
Portland-South Portland, ME has 0.94x 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 0.94 indicates that Cost Estimators are slightly less concentrated in Portland-South Portland, ME, compared to the national average. This suggests a balanced job market where demand is present but not overwhelmingly saturated, offering potential opportunities for skilled professionals without intense competition.
Nearby Job Markets
Nearby Cities for Cost Estimators
| City | Salary | Dist. |
|---|---|---|
| Lewiston-Auburn, ME Cost Estimators Salary | $75,050↓ 4% | 29 mi |
| Central New Hampshire nonmetropolitan area Cost Estimators Salary | $76,250↓ 3% | 67 mi |
| Northern New Hampshire nonmetropolitan area Cost Estimators Salary | $79,890↑ 2% | 67 mi |
| Southwestern New Hampshire nonmetropolitan area Cost Estimators Salary | $72,990↓ 7% | 67 mi |
| Manchester-Nashua, NH Cost Estimators Salary | $83,190↑ 6% | 76 mi |
Comparing salaries near Portland-South Portland, ME
Hiring Cost Estimatorss?
Frequently Asked Questions
How much does a Cost Estimators make in Portland-South Portland, ME?
The median annual salary for a Cost Estimators in Portland-South Portland, ME is $78,410. This typically ranges from $45,840 for entry-level positions to $110,240 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Portland-South Portland, ME is 5.7% lower than the national median of $83,140.
Is Portland-South Portland, ME a lucrative place for Cost Estimators?
No, not exceptionally lucrative compared to the national average.The average salary of $78,410 is below the national average of $83,140, though the cost of living is on par with the national average.
Is Portland-South Portland, ME a good place to live for Cost Estimators?
The Cost of Living Index in Portland-South Portland, ME is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Portland-South Portland, ME?
Some top paying nearby cities include Lewiston-Auburn, ME ($75,050) and Central New Hampshire nonmetropolitan area.
How does the Cost Estimator salary in Portland-South Portland, ME compare to the national average?
The average annual salary for Cost Estimators in Portland-South Portland, ME, is $78,410, which is approximately 5.7% lower than the national average of $83,140.
What is the concentration of Cost Estimators in Portland-South Portland, ME?
The concentration, measured by the Location Quotient, is 0.94, indicating that the proportion of Cost Estimators in the local workforce is slightly lower than the national average.
How does the Cost of Living in Portland-South Portland, ME affect the salary?
The Cost of Living Index is 100, meaning it is exactly average. Therefore, the $78,410 salary has the same relative purchasing power as the national average salary.
What does the number of jobs per 1,000 workers signify for Cost Estimators in this area?
With 1.337 jobs per 1,000 workers, this metric suggests a moderate level of employment for Cost Estimators, aligning with the near-average Location Quotient.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 380 employees in the Portland-South Portland, ME area with a job density of 1.337 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 Portland-South Portland, ME