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Average Cost Estimators Salary in Wichita, KS

Cost Estimators in Wichita, KS earn an average annual salary of $73,800, which is below the national average of $83,140. This difference is often influenced by the specific industry demands and economic landscape of the region, as Wichita's economic drivers may not require the same level of specialized cost estimation expertise as larger, more diverse metropolitan areas.

Executive Summary

  • Average Salary: $73,800 per year.
  • Growth Trend: Salaries have shifted 12.1% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $104,520.
  • Outlook: The job market for Cost Estimators in Wichita, KS, appears moderately robust, with a total local workforce of 640 individuals. The Location Quotient of 1.46 indicates a higher concentration of these roles compared to the national average, suggesting a steady demand within the local industries that rely on this expertise.
2024 Market Data

Salary Overview

$73,800

The average Cost Estimators in Wichita, KS earns-11.2%below the national average.

BreakdownBased on 40h/week
Hourly

$35.5

Weekly

$1,419

Monthly

$6,150

Cost Estimators Salary Distribution in Wichita, KS

Salary progression for Cost Estimators typically scales significantly with experience. Entry-level positions might start closer to the lower percentiles, while senior estimators with extensive project portfolios and specialized knowledge can command salaries well into the upper percentiles. The gap between entry-level and senior roles signifies substantial career growth opportunities and increased earning potential.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$45,500$21.9
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$55,350$26.6
ManagerOversees team, compliance, and project delivery.50% (Median)$70,930$34.1
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$92,250$44.4
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$104,520$50.3

Detailed Cost Estimators Market Analysis

Relocation Context

Nominal Salary

$73,800

Gross Pay

Real Wage (Purchasing Power)

$73,800

Adjusted for COL (100)

With an average annual salary of $73,800 and a Cost of Living Index of 100 (matching the national average), the nominal salary in Wichita, KS, offers purchasing power equivalent to the national standard. This means that while the salary is lower than the national average, the cost of living does not present a disadvantage, making the effective take-home value comparable.

Job Market Context

640

Total Jobs

2.08

Per 1K Jobs

1.46

Location Quotient

Above Average

With a location quotient of 1.46, Wichita, KS has a slightly higher-than-average concentration of Cost Estimators roles compared to the national norm.

The Location Quotient of 1.46 for Cost Estimators in Wichita, KS, signifies that the area has a notably higher concentration of these professionals than the national average. This suggests a specialized demand within the local economy, potentially indicating a competitive market for skilled individuals but also a stable presence of relevant job opportunities.

Nearby Job Markets

Nearby Cities for Cost Estimators

CitySalaryDist.
Kansas nonmetropolitan area Cost Estimators Salary$67,140↓ 9%67 mi
Enid, OK Cost Estimators Salary$64,180↓ 13%93 mi

Comparing salaries near Wichita, KS

Hiring Cost Estimatorss?

Frequently Asked Questions

How much does a Cost Estimators make in Wichita, KS?

The median annual salary for a Cost Estimators in Wichita, KS is $73,800. This typically ranges from $45,500 for entry-level positions to $104,520 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Wichita, KS is 11.2% lower than the national median of $83,140.

Is Wichita, KS a lucrative place for Cost Estimators?

No, not significantly more lucrative than the national average.While Wichita, KS has a higher concentration of Cost Estimators (LQ of 1.46), the average salary of $73,800 is below the national average of $83,140. The cost of living being at the national average means the lower salary doesn't translate to greater purchasing power.

Is Wichita, KS a good place to live for Cost Estimators?

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

Where are the highest paying cities near Wichita, KS?

Some top paying nearby cities include Kansas nonmetropolitan area ($67,140) and Enid, OK.

What is the average salary for a Cost Estimator in Wichita, KS?

The average annual salary for a Cost Estimator in Wichita, KS is $73,800.

How does Wichita's cost of living compare to the national average?

Wichita, KS has a Cost of Living Index of 100, which is exactly the same as the national average.

Is there a high demand for Cost Estimators in Wichita, KS?

With a Location Quotient of 1.46, there is a higher concentration of Cost Estimators in Wichita than the national average, indicating a steady local demand.

How many Cost Estimators are there in Wichita, KS?

There are approximately 640 Cost Estimators working in Wichita, KS.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 640 employees in the Wichita, KS area with a job density of 2.08 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 Wichita, KS