Average Cost Estimators Salary in Provo-Orem-Lehi, UT
In the Provo-Orem-Lehi, UT metropolitan area, Cost Estimators earn an average annual salary of $82,130. This figure is slightly below the national average of $83,140, suggesting a nuanced compensation landscape influenced by regional economic factors and industry demand within Utah. While not reaching the national benchmark, the local pay reflects the specific needs and competitive environment for cost estimation professionals in this vibrant economic hub.
Executive Summary
- Average Salary: $82,130 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $124,850.
- Outlook: The Provo-Orem-Lehi, UT area supports a local workforce of 370 Cost Estimators. With a Location Quotient of 0.88, the concentration of these roles is slightly below the national average, indicating a stable but not overly saturated market. The presence of 1.25 jobs per 1,000 workers suggests a consistent demand for skilled professionals in this field within the region.
Salary Overview
The average Cost Estimators in Provo-Orem-Lehi, UT earns-1.2%below the national average.
$39.5
$1,579
$6,844
Cost Estimators Salary Trends (2020-2024)
While specific historical data for Cost Estimator salary trends in Provo-Orem-Lehi, UT is not provided, it is generally assumed that salaries for such roles have experienced steady growth over the past four years, mirroring broader economic trends and inflation. This upward trajectory is typically driven by increasing project complexity, evolving industry standards, and a sustained demand for accurate cost projections across various sectors.
Cost Estimators Salary Distribution in Provo-Orem-Lehi, UT
Salary progression for Cost Estimators in Provo-Orem-Lehi, UT, typically sees significant increases 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 upper percentiles. The widening gap between entry-level and senior roles underscores the value placed on accumulated expertise and demonstrated success in the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $48,950 | $23.5 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $61,598 | $29.6 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $77,870 | $37.4 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $102,663 | $49.4 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $124,850 | $60 |
Detailed Cost Estimators Market Analysis
Relocation Context
Nominal Salary
$82,130
Gross Pay
Real Wage (Purchasing Power)
$82,130
Adjusted for COL (100)
The average annual salary of $82,130 in Provo-Orem-Lehi, UT, 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 this area is equivalent to the national standard, making it a financially neutral location for relocation from a cost-of-living perspective.
Job Market Context
370
Total Jobs
1.25
Per 1K Jobs
0.88
Location Quotient
Provo-Orem-Lehi, UT has 0.88x 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 0.88, the Provo-Orem-Lehi, UT market for Cost Estimators is slightly less concentrated than the national average. This suggests that while the profession is present and valued, it is not as dominant a feature of the local employment landscape compared to national trends, potentially offering a balanced competitive environment for job seekers.
Nearby Job Markets
Nearby Cities for Cost Estimators
| City | Salary | Dist. |
|---|---|---|
| High Desert Utah nonmetropolitan area Cost Estimators Salary | $92,520↑ 13% | 13 mi |
| Wasatch Front Fringe Utah nonmetropolitan area Cost Estimators Salary | $84,090↑ 2% | 13 mi |
| Salt Lake City-Murray, UT Cost Estimators Salary | $85,030↑ 4% | 40 mi |
| Ogden, UT Cost Estimators Salary | $84,560↑ 3% | 70 mi |
Comparing salaries near Provo-Orem-Lehi, UT
Hiring Cost Estimatorss?
Frequently Asked Questions
How much does a Cost Estimators make in Provo-Orem-Lehi, UT?
The median annual salary for a Cost Estimators in Provo-Orem-Lehi, UT is $82,130. This typically ranges from $48,950 for entry-level positions to $124,850 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Provo-Orem-Lehi, UT is 1.2% lower than the national median of $83,140.
Is Provo-Orem-Lehi, UT a lucrative place for Cost Estimators?
Yes, with a caveat.The average salary of $82,130 is competitive, especially considering the cost of living is exactly at the national average. While slightly below the national salary average, the stable job market and cost of living parity make it a financially sound location.
Is Provo-Orem-Lehi, UT a good place to live for Cost Estimators?
The Cost of Living Index in Provo-Orem-Lehi, UT is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Provo-Orem-Lehi, UT?
Some top paying nearby cities include High Desert Utah nonmetropolitan area ($92,520) and Wasatch Front Fringe Utah nonmetropolitan area.
How does the Provo-Orem-Lehi, UT salary compare to the national average?
The average annual salary for Cost Estimators in Provo-Orem-Lehi, UT is $82,130, which is slightly lower than the national average of $83,140.
What is the concentration of Cost Estimators in Provo-Orem-Lehi, UT?
The concentration, measured by the Location Quotient, is 0.88, indicating a slightly lower presence of Cost Estimators compared to the national average.
How does the cost of living in Provo-Orem-Lehi, UT affect salary perception?
The Cost of Living Index is 100, meaning it matches the national average. Therefore, the $82,130 salary offers purchasing power equivalent to the national average.
What is the job market like for Cost Estimators in this region?
The market is stable, with 1.25 jobs per 1,000 workers and a total local workforce of 370, suggesting consistent demand without extreme saturation.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 370 employees in the Provo-Orem-Lehi, UT area with a job density of 1.25 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 Provo-Orem-Lehi, UT