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Average Cost Estimators Salary in Utah

Cost Estimators in Utah earn an average annual salary of $83,630, slightly exceeding the national average of $83,140. This marginal difference is influenced by Utah's specific economic landscape and demand for skilled professionals in cost analysis. The state's growing industries contribute to maintaining competitive compensation for these vital roles.

Executive Summary

  • Average Salary: $83,630 per year.
  • Growth Trend: Salaries have shifted 19.4% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $122,380.
  • Outlook: With a local workforce of approximately 2,500 Cost Estimators, Utah demonstrates a stable presence in this profession. The Location Quotient of 1.03 indicates a concentration of these roles that is very close to the national average, suggesting a balanced and consistent demand for cost estimation expertise within the state's economy.
2024 Market Data

Salary Overview

$83,630

The average Cost Estimators in Utah earns+0.6%above the national average.

BreakdownBased on 40h/week
Hourly

$40.2

Weekly

$1,608

Monthly

$6,969

Cost Estimators Salary Distribution in Utah

Salary progression for Cost Estimators in Utah typically scales with experience. Entry-level positions may start at a lower percentile, while seasoned professionals with extensive project experience and specialized knowledge can command salaries in the higher percentiles. The widening gap between entry-level and senior roles signifies clear career advancement opportunities within the field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$49,130$23.6
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$62,723$30.2
ManagerOversees team, compliance, and project delivery.50% (Median)$79,150$38.1
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$104,538$50.3
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$122,380$58.8

Detailed Cost Estimators Market Analysis

Relocation Context

Nominal Salary

$83,630

Gross Pay

Real Wage (Purchasing Power)

$80,029

Adjusted for COL (104.5)

The average annual salary of $83,630 in Utah presents a favorable financial standing when considering the local Cost of Living Index of 104.5. This index, just above the national average, suggests that the nominal salary offers a purchasing power that is slightly above the national norm, making Utah a potentially attractive location for Cost Estimators.

Job Market Context

2,500

Total Jobs

1.464

Per 1K Jobs

1.03

Location Quotient

Above Average

With a location quotient of 1.03, Utah has a slightly higher-than-average concentration of Cost Estimators roles compared to the national norm.

A Location Quotient of 1.03 signifies that Utah has a slightly higher concentration of Cost Estimators compared to the national average. This suggests a healthy and perhaps slightly more competitive job market for these professionals, indicating that employers are actively seeking and valuing their skills within the state's economic framework.

Nearby Job Markets

Nearby Cities for Cost Estimators

CitySalaryDist.
Provo-Orem-Lehi, UT Cost Estimators Salary$82,130↓ 2%13 mi
Salt Lake City-Murray, UT Cost Estimators Salary$85,030↑ 2%44 mi
Ogden, UT Cost Estimators Salary$84,560↑ 1%75 mi

Comparing salaries near Utah

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Frequently Asked Questions

How much does a Cost Estimators make in Utah?

The median annual salary for a Cost Estimators in Utah is $83,630. This typically ranges from $49,130 for entry-level positions to $122,380 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Utah is 0.6% higher than the national median of $83,140.

Is Utah a lucrative place for Cost Estimators?

Yes, Utah offers a competitive environment for Cost Estimators.The average salary of $83,630 is slightly above the national average, and the cost of living is only marginally higher, providing good earning potential.

Is Utah a good place to live for Cost Estimators?

The Cost of Living Index in Utah is 104.5. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Utah?

Some top paying nearby cities include Provo-Orem-Lehi, UT ($82,130) and Salt Lake City-Murray, UT.

How does Utah's Cost Estimator salary compare to the national average?

Cost Estimators in Utah earn an average of $83,630 annually, which is slightly higher than the national average of $83,140.

What is the total number of Cost Estimators in Utah?

There are approximately 2,500 Cost Estimators working in Utah.

How does the concentration of Cost Estimators in Utah compare to the rest of the country?

Utah's Location Quotient of 1.03 indicates a concentration of Cost Estimators that is very close to, and slightly above, the national average.

Is the cost of living in Utah high for Cost Estimators?

Utah's Cost of Living Index is 104.5, which is slightly above the national average of 100, meaning expenses are marginally higher than the national norm.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,500 employees in the Utah area with a job density of 1.464 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 Utah