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Average Cost Estimators Salary in Riverside-San Bernardino-Ontario, CA

Cost Estimators in the Riverside-San Bernardino-Ontario, CA area earn an average annual salary of $85,610. This figure slightly surpasses the national average of $83,140, indicating a localized demand that influences compensation. Factors such as regional construction activity and the specific needs of industries within this metropolitan area contribute to this competitive pay.

Executive Summary

  • Average Salary: $85,610 per year.
  • Growth Trend: Salaries have shifted 21.6% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $130,480.
  • Outlook: With a local workforce of 2,560 Cost Estimators and a Location Quotient of 1.06, the job market in Riverside-San Bernardino-Ontario, CA, demonstrates a healthy concentration of these professionals. This suggests a stable demand for their expertise, with the number of jobs per 1,000 workers at 1.507, reflecting a robust employment landscape for this role.
2024 Market Data

Salary Overview

$85,610

The average Cost Estimators in Riverside-San Bernardino-Ontario, CA earns+3.0%above the national average.

BreakdownBased on 40h/week
Hourly

$41.2

Weekly

$1,646

Monthly

$7,134

Cost Estimators Salary Distribution in Riverside-San Bernardino-Ontario, CA

Career progression for Cost Estimators is typically marked by increasing salary potential. Entry-level positions often start at the lower end of the pay scale, while seasoned professionals with extensive experience and specialized knowledge can command significantly higher salaries, often reaching the upper percentiles. The gap between entry-level and senior roles highlights the value placed on expertise and a proven track record in the field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$48,350$23.2
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$64,208$30.9
ManagerOversees team, compliance, and project delivery.50% (Median)$77,610$37.3
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$107,013$51.4
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$130,480$62.7

Detailed Cost Estimators Market Analysis

Relocation Context

Nominal Salary

$85,610

Gross Pay

Real Wage (Purchasing Power)

$85,610

Adjusted for COL (100)

The average annual salary of $85,610 in Riverside-San Bernardino-Ontario, CA, aligns perfectly with the national average cost of living index of 100. This means that the purchasing power of a Cost Estimator's salary in this region is comparable to the national standard, offering a balanced financial landscape for residents.

Job Market Context

2,560

Total Jobs

1.507

Per 1K Jobs

1.06

Location Quotient

Above Average

With a location quotient of 1.06, Riverside-San Bernardino-Ontario, CA has a slightly higher-than-average concentration of Cost Estimators roles compared to the national norm.

The Location Quotient of 1.06 for Cost Estimators in Riverside-San Bernardino-Ontario, CA, indicates a slightly higher concentration of these professionals compared to the national average. This suggests a competitive yet stable job market where demand is present and the talent pool is well-established, making it a favorable environment for both employers and job seekers.

Nearby Job Markets

Nearby Cities for Cost Estimators

Comparing salaries near Riverside-San Bernardino-Ontario, CA

Hiring Cost Estimatorss?

Frequently Asked Questions

How much does a Cost Estimators make in Riverside-San Bernardino-Ontario, CA?

The median annual salary for a Cost Estimators in Riverside-San Bernardino-Ontario, CA is $85,610. This typically ranges from $48,350 for entry-level positions to $130,480 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Riverside-San Bernardino-Ontario, CA is 3.0% higher than the national median of $83,140.

Is Riverside-San Bernardino-Ontario, CA a lucrative place for Cost Estimators?

Yes, it offers competitive compensation.The average salary of $85,610 is above the national average, and the cost of living is on par with the national index, providing good earning potential.

Is Riverside-San Bernardino-Ontario, CA a good place to live for Cost Estimators?

The Cost of Living Index in Riverside-San Bernardino-Ontario, CA is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Riverside-San Bernardino-Ontario, CA?

Some top paying nearby cities include Los Angeles-Long Beach-Anaheim, CA ($91,060) and San Diego-Chula Vista-Carlsbad, CA.

How does the local salary compare to the national average?

The average salary for Cost Estimators in Riverside-San Bernardino-Ontario, CA, is $85,610, which is slightly higher than the national average of $83,140.

What is the concentration of Cost Estimators in this area?

The Location Quotient is 1.06, meaning there is a slightly higher concentration of Cost Estimators in Riverside-San Bernardino-Ontario, CA, compared to the national average.

How does the cost of living affect the salary?

With a Cost of Living Index of 100, the salary of $85,610 in Riverside-San Bernardino-Ontario, CA, has purchasing power equivalent to the national average.

What does the job market look like for Cost Estimators here?

The market is robust, with 2,560 Cost Estimators employed locally and a job density of 1.507 per 1,000 workers, indicating steady demand.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,560 employees in the Riverside-San Bernardino-Ontario, CA area with a job density of 1.507 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.