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Average Cost Estimators Salary in Providence-Warwick, RI-MA

Cost Estimators in the Providence-Warwick, RI-MA area earn an impressive average annual salary of $92,350. This figure significantly surpasses the national average of $83,140, indicating a strong demand for these professionals within the region. Local economic factors and industry needs likely contribute to this elevated compensation.

Executive Summary

  • Average Salary: $92,350 per year.
  • Growth Trend: Salaries have shifted 16.0% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $159,050.
  • Outlook: With a local workforce of 870 Cost Estimators and a Location Quotient of 0.86, the Providence-Warwick area presents a moderately concentrated but stable job market for this profession. While not exceeding the national concentration, the existing workforce suggests consistent demand and opportunities for skilled individuals.
2024 Market Data

Salary Overview

$92,350

The average Cost Estimators in Providence-Warwick, RI-MA earns+11.1%above the national average.

BreakdownBased on 40h/week
Hourly

$44.4

Weekly

$1,776

Monthly

$7,696

Cost Estimators Salary Distribution in Providence-Warwick, RI-MA

Salary progression for Cost Estimators is strongly tied to experience. Entry-level positions typically start at the lower end of the pay scale, while senior estimators with extensive project experience and specialized knowledge can command significantly higher salaries, often reaching the upper percentiles. These percentile gaps clearly signify substantial career advancement opportunities.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$48,330$23.2
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$69,263$33.3
ManagerOversees team, compliance, and project delivery.50% (Median)$80,070$38.5
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$115,438$55.5
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$159,050$76.5

Detailed Cost Estimators Market Analysis

Relocation Context

Nominal Salary

$92,350

Gross Pay

Real Wage (Purchasing Power)

$92,350

Adjusted for COL (100)

The average annual salary of $92,350 in Providence-Warwick, RI-MA aligns perfectly with the national average cost of living (index of 100). This means that your earnings in this region will have purchasing power equivalent to the national average, making it a financially stable location for Cost Estimators.

Job Market Context

870

Total Jobs

1.23

Per 1K Jobs

0.86

Location Quotient

Below Average

Providence-Warwick, RI-MA has 0.86x 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 0.86 suggests that Cost Estimators are slightly less concentrated in Providence-Warwick compared to the national average. This indicates a healthy, competitive job market where demand is present but not oversaturated, offering good prospects for qualified candidates.

Nearby Job Markets

Nearby Cities for Cost Estimators

CitySalaryDist.
Massachusetts nonmetropolitan area Cost Estimators Salary$115,010↑ 25%29 mi
Worcester, MA Cost Estimators Salary$101,660↑ 10%37 mi
Boston-Cambridge-Newton, MA-NH Cost Estimators Salary$111,250↑ 20%38 mi
Norwich-New London-Willimantic, CT Cost Estimators Salary$93,510↑ 1%39 mi
Barnstable Town, MA Cost Estimators Salary$94,340↑ 2%58 mi

Comparing salaries near Providence-Warwick, RI-MA

Hiring Cost Estimatorss?

Frequently Asked Questions

How much does a Cost Estimators make in Providence-Warwick, RI-MA?

The median annual salary for a Cost Estimators in Providence-Warwick, RI-MA is $92,350. This typically ranges from $48,330 for entry-level positions to $159,050 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Providence-Warwick, RI-MA is 11.1% higher than the national median of $83,140.

Is Providence-Warwick, RI-MA a lucrative place for Cost Estimators?

Yes, it is a lucrative place for Cost Estimators.The average salary of $92,350 is notably higher than the national average, and the cost of living is on par with the national average, allowing for strong purchasing power.

Is Providence-Warwick, RI-MA a good place to live for Cost Estimators?

The Cost of Living Index in Providence-Warwick, RI-MA is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Providence-Warwick, RI-MA?

Some top paying nearby cities include Massachusetts nonmetropolitan area ($115,010) and Worcester, MA.

How does the Providence-Warwick salary compare to the national average?

The average salary for Cost Estimators in Providence-Warwick is $92,350, which is approximately $9,210 higher than the national average of $83,140.

What is the concentration of Cost Estimators in Providence-Warwick?

The Location Quotient for Cost Estimators in Providence-Warwick is 0.86, indicating a slightly lower concentration than the national average.

How does the cost of living affect the salary in Providence-Warwick?

With a Cost of Living Index of 100, the local cost of living is exactly at the national average. This means the $92,350 salary offers purchasing power equivalent to the national average.

What is the total number of Cost Estimators in the Providence-Warwick area?

There are approximately 870 Cost Estimators employed in the Providence-Warwick, RI-MA region.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 870 employees in the Providence-Warwick, RI-MA area with a job density of 1.23 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Top Jobs in Providence-Warwick, RI-MA

Semantic Salary Analysis for Cost Estimators • Data source: BLS OEWS 2024 •Jobs in Providence-Warwick, RI-MA