Average Cost Estimators Salary in Springfield, IL
The average salary for a Cost Estimators in Springfield, IL is $75,120. This compensation is in line with national standards, reflecting a balanced and stable local job market.
Executive Summary
- Average Salary: $75,120 per year.
- Growth Trend: Salaries have shifted 18.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $102,640.
- Outlook: The current demand for Cost Estimatorss is stable, with a local workforce of approximately 110 professionals. This role remains a specialized component of the broader Springfield, IL economy.
Salary Overview
The average Cost Estimators in Springfield, IL earns-9.6%below the national average.
$36.1
$1,445
$6,260
Cost Estimators Salary Trends (2020-2024)
Over the past 4 years, Cost Estimators salaries in Springfield, IL have shown healthy growth of 18.5%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Cost Estimators Salary Distribution in Springfield, IL
The earning potential for Cost Estimatorss in Springfield, IL varies significantly by experience level. The salary gap is relatively narrow, suggesting consistent and predictable earnings from entry-level to senior positions. Entry-level roles (10th percentile) typically start around $44,840, while highly experienced professionals can command wages upwards of $102,640.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $44,840 | $21.6 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $56,340 | $27.1 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $76,170 | $36.6 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $93,900 | $45.1 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $102,640 | $49.3 |
Detailed Cost Estimators Market Analysis
Relocation Context
Nominal Salary
$75,120
Gross Pay
Real Wage (Purchasing Power)
$75,120
Adjusted for COL (100)
In Springfield, IL, the Cost of Living Index is 100. This increases your effective purchasing power from $75,120 to $75,120.
Job Market Context
110
Total Jobs
1.06
Per 1K Jobs
0.74
Location Quotient
Springfield, IL has 0.74x 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.
110 people work as Cost Estimators in Springfield, IL.
1.06 out of every 1,000 local jobs are Cost Estimators positions — a typical concentration.
Nearby Job Markets
Nearby Cities for Cost Estimators
| City | Salary | Dist. |
|---|---|---|
| Decatur, IL Cost Estimators Salary | $78,650↑ 5% | 39 mi |
| West Central Illinois nonmetropolitan area Cost Estimators Salary | $70,360↓ 6% | 53 mi |
| East Central Illinois nonmetropolitan area Cost Estimators Salary | $71,700↓ 5% | 53 mi |
| Northwest Illinois nonmetropolitan area Cost Estimators Salary | $86,370↑ 15% | 53 mi |
| South Illinois nonmetropolitan area Cost Estimators Salary | $78,420↑ 4% | 53 mi |
Comparing salaries near Springfield, IL
Hiring Cost Estimatorss?
Frequently Asked Questions
How much does a Cost Estimators make in Springfield, IL?
The median annual salary for a Cost Estimators in Springfield, IL is $75,120. This typically ranges from $44,840 for entry-level positions to $102,640 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Springfield, IL is 9.6% lower than the national median of $83,140.
Is Springfield, IL a good place for Cost Estimatorss?
It depends on your priorities. While the average Cost Estimators salary in Springfield, IL is $75,120 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Springfield, IL. See distinct detailed breakdown below.
Is Springfield, IL a good place to live for Cost Estimators?
The Cost of Living Index in Springfield, IL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Springfield, IL?
Some top paying nearby cities include Decatur, IL ($78,650) and West Central Illinois nonmetropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 110 employees in the Springfield, IL area with a job density of 1.06 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 Springfield, IL