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Average Cost Estimators Salary in Syracuse, NY

Cost Estimators in Syracuse, NY, command an average annual salary of $81,850. This figure is slightly below the national average of $83,140, suggesting a localized market dynamic that influences compensation. Factors such as regional demand, industry presence, and the specific economic landscape of Syracuse contribute to this pay scale.

Executive Summary

  • Average Salary: $81,850 per year.
  • Growth Trend: Salaries have shifted 2.9% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $125,720.
  • Outlook: The Syracuse, NY, market for Cost Estimators appears stable, with a total local workforce of 390 professionals. The Location Quotient of 0.93 indicates a concentration of these roles that is very close to the national average, suggesting a balanced demand and supply. With 1.322 jobs per 1,000 workers, the presence of Cost Estimators is consistent with national trends, pointing to a steady, albeit not exceptionally high, demand.
2024 Market Data

Salary Overview

$81,850

The average Cost Estimators in Syracuse, NY earns-1.6%below the national average.

BreakdownBased on 40h/week
Hourly

$39.4

Weekly

$1,574

Monthly

$6,821

Cost Estimators Salary Distribution in Syracuse, NY

Salary progression for Cost Estimators in Syracuse, NY, typically scales with experience. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with a proven track record and specialized expertise can command salaries significantly higher than the average. The widening gap between entry-level and senior roles reflects the increasing value placed on experience, strategic insight, and complex project management capabilities.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$51,760$24.9
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$61,388$29.5
ManagerOversees team, compliance, and project delivery.50% (Median)$76,810$36.9
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$102,313$49.2
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$125,720$60.4

Detailed Cost Estimators Market Analysis

Relocation Context

Nominal Salary

$81,850

Gross Pay

Real Wage (Purchasing Power)

$81,850

Adjusted for COL (100)

For professionals considering a move to Syracuse, NY, the average annual salary of $81,850 aligns perfectly with the local Cost of Living Index of 100. This means that the purchasing power of a Cost Estimator's salary in Syracuse is equivalent to the national average, offering a stable financial outlook without the immediate pressure of higher or lower living expenses.

Job Market Context

390

Total Jobs

1.322

Per 1K Jobs

0.93

Location Quotient

Below Average

Syracuse, NY has 0.93x 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 0.93, the job market for Cost Estimators in Syracuse, NY, is neither significantly over-saturated nor exceptionally scarce compared to the national landscape. This suggests a healthy and competitive environment where skilled professionals can find opportunities, but the market is not characterized by an overwhelming abundance of roles or a severe lack of talent.

Nearby Job Markets

Nearby Cities for Cost Estimators

CitySalaryDist.
Utica-Rome, NY Cost Estimators Salary$75,740↓ 7%46 mi
Watertown-Fort Drum, NY Cost Estimators Salary$72,850↓ 11%66 mi
Binghamton, NY Cost Estimators Salary$79,650↓ 3%66 mi
Elmira, NY Cost Estimators Salary$74,330↓ 9%74 mi

Comparing salaries near Syracuse, NY

Hiring Cost Estimatorss?

Frequently Asked Questions

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

The median annual salary for a Cost Estimators in Syracuse, NY is $81,850. This typically ranges from $51,760 for entry-level positions to $125,720 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Syracuse, NY is 1.6% lower than the national median of $83,140.

Is Syracuse, NY a lucrative place for Cost Estimators?

Yes, Syracuse, NY offers a competitive salary for Cost Estimators.The average salary of $81,850 is strong, and with a cost of living index of 100, your earnings hold national average purchasing power.

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

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

Where are the highest paying cities near Syracuse, NY?

Some top paying nearby cities include Utica-Rome, NY ($75,740) and Watertown-Fort Drum, NY.

How does the Syracuse Cost Estimator salary compare to the national average?

The average annual salary for Cost Estimators in Syracuse, NY, is $81,850, which is slightly below the national average of $83,140.

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

Syracuse, NY has a Location Quotient of 0.93 for Cost Estimators, indicating a concentration very close to the national average.

How does the cost of living in Syracuse affect a Cost Estimator's salary?

Syracuse has a Cost of Living Index of 100, which is the national average. This means the $81,850 salary offers purchasing power equivalent to the national average.

What does the job market look like for Cost Estimators in Syracuse?

The market is stable with 390 local professionals and a job density of 1.322 per 1,000 workers, suggesting consistent demand.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 390 employees in the Syracuse, NY area with a job density of 1.322 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Cost Estimators • Data source: BLS OEWS 2024 •Jobs in Syracuse, NY