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Average Cost Estimators Salary in Rochester, NY

In Rochester, NY, Cost Estimators earn an average annual salary of $82,760. This figure is remarkably close to the national average of $83,140, indicating a stable and competitive market for this profession. Local economic factors and industry demand in Rochester play a significant role in aligning compensation with national benchmarks.

Executive Summary

  • Average Salary: $82,760 per year.
  • Growth Trend: Salaries have shifted 21.9% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $123,100.
  • Outlook: Rochester, NY supports a local workforce of 680 Cost Estimators, with a Location Quotient of 0.97, suggesting a concentration very close to the national average. This indicates a steady demand for these professionals, with 1.381 jobs available per 1,000 workers, reflecting a robust and consistent job market for individuals in this field.
2024 Market Data

Salary Overview

$82,760

The average Cost Estimators in Rochester, NY earns-0.5%below the national average.

BreakdownBased on 40h/week
Hourly

$39.8

Weekly

$1,592

Monthly

$6,897

Cost Estimators Salary Distribution in Rochester, NY

The salary trajectory for Cost Estimators in Rochester, NY, shows significant growth with experience. Entry-level positions might start closer to the lower percentiles, while senior estimators with extensive project experience and specialized knowledge can command salaries well into the upper percentiles. This progression 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)$51,360$24.7
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$62,070$29.8
ManagerOversees team, compliance, and project delivery.50% (Median)$77,470$37.2
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$103,450$49.7
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$123,100$59.2

Detailed Cost Estimators Market Analysis

Relocation Context

Nominal Salary

$82,760

Gross Pay

Real Wage (Purchasing Power)

$82,760

Adjusted for COL (100)

The nominal salary of $82,760 in Rochester, NY, is perfectly balanced by the local Cost of Living Index, which stands at 100, precisely matching the national average. This means that the purchasing power of a Cost Estimator's salary in Rochester is equivalent to the national standard, making it a financially neutral location for relocation in terms of everyday expenses.

Job Market Context

680

Total Jobs

1.381

Per 1K Jobs

0.97

Location Quotient

Below Average

Rochester, NY 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, Rochester, NY, presents a job market for Cost Estimators that is nearly identical in concentration to the national average. This suggests a healthy, competitive landscape where opportunities are readily available but not overwhelmingly abundant, providing a stable environment for both job seekers and employers.

Nearby Job Markets

Nearby Cities for Cost Estimators

Comparing salaries near Rochester, NY

Hiring Cost Estimatorss?

Frequently Asked Questions

How much does a Cost Estimators make in Rochester, NY?

The median annual salary for a Cost Estimators in Rochester, NY is $82,760. This typically ranges from $51,360 for entry-level positions to $123,100 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Rochester, NY is 0.5% lower than the national median of $83,140.

Is Rochester, NY a lucrative place for Cost Estimators?

Yes, Rochester, NY offers competitive compensation for Cost Estimators.The average salary of $82,760 is on par with the national average, and the cost of living is also at the national average, indicating strong purchasing power for these professionals.

Is Rochester, NY a good place to live for Cost Estimators?

The Cost of Living Index in Rochester, NY is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Rochester, NY?

Some top paying nearby cities include Buffalo-Cheektowaga, NY ($79,910) and Syracuse, NY.

How does the Cost Estimator salary in Rochester compare to the national average?

The average annual salary for Cost Estimators in Rochester, NY is $82,760, which is very close to the national average of $83,140.

What is the concentration of Cost Estimators in Rochester, NY?

Rochester, NY has a Location Quotient of 0.97 for Cost Estimators, indicating a job market concentration that is slightly below, but very close to, the national average.

How does the cost of living in Rochester affect the salary?

The cost of living in Rochester is exactly at the national average (100), meaning the $82,760 salary provides purchasing power equivalent to the national median.

What does the number of jobs per 1,000 workers indicate for Cost Estimators in Rochester?

With 1.381 jobs per 1,000 workers, Rochester shows a healthy demand for Cost Estimators, reflecting a stable employment outlook in the region.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 680 employees in the Rochester, NY area with a job density of 1.381 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.