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Average Cost Estimators Salary in Wisconsin

Cost Estimators in Wisconsin earn an average annual salary of $75,190, which is below the national average of $83,140. This difference is influenced by various regional economic factors, including the specific industry demands and the overall cost of doing business within the state.

Executive Summary

  • Average Salary: $75,190 per year.
  • Growth Trend: Salaries have shifted 20.7% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $104,390.
  • Outlook: Wisconsin supports a robust workforce of approximately 5,200 Cost Estimators. With a Location Quotient of 1.25, the state demonstrates a concentration of these roles that is 25% higher than the national average, indicating a strong and potentially growing demand for their specialized skills within the local economy.
2024 Market Data

Salary Overview

$75,190

The average Cost Estimators in Wisconsin earns-9.6%below the national average.

BreakdownBased on 40h/week
Hourly

$36.2

Weekly

$1,446

Monthly

$6,266

Cost Estimators Salary Distribution in Wisconsin

The salary progression for Cost Estimators in Wisconsin typically scales significantly with experience. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with extensive project portfolios and specialized knowledge can command salaries in the upper percentiles, reflecting a clear career growth path and increased earning potential.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$48,210$23.2
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$56,393$27.1
ManagerOversees team, compliance, and project delivery.50% (Median)$71,880$34.6
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$93,988$45.2
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$104,390$50.2

Detailed Cost Estimators Market Analysis

Relocation Context

Nominal Salary

$75,190

Gross Pay

Real Wage (Purchasing Power)

$81,817

Adjusted for COL (91.9)

The nominal average salary of $75,190 in Wisconsin presents a favorable financial situation when considering the local Cost of Living Index of 91.9. This index, being below the national average of 100, suggests that the purchasing power of a Cost Estimator's salary in Wisconsin is likely higher than the national average, making the effective income more substantial.

Job Market Context

5,200

Total Jobs

1.779

Per 1K Jobs

1.25

Location Quotient

Above Average

With a location quotient of 1.25, Wisconsin has a slightly higher-than-average concentration of Cost Estimators roles compared to the national norm.

A Location Quotient of 1.25 for Cost Estimators in Wisconsin signifies a market that is more concentrated than the national average. This suggests a healthy demand and a potentially competitive environment for skilled professionals, as the number of jobs relative to the national distribution is higher, indicating a strong presence of this occupation within the state.

Nearby Job Markets

Nearby Cities for Cost Estimators

Comparing salaries near Wisconsin

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Frequently Asked Questions

How much does a Cost Estimators make in Wisconsin?

The median annual salary for a Cost Estimators in Wisconsin is $75,190. This typically ranges from $48,210 for entry-level positions to $104,390 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Wisconsin is 9.6% lower than the national median of $83,140.

Is Wisconsin a lucrative place for Cost Estimators?

Yes, Wisconsin offers a good value for Cost Estimators.While the nominal salary is below the national average, the significantly lower cost of living means your earnings likely have greater purchasing power. The strong concentration of roles also indicates robust local demand.

Is Wisconsin a good place to live for Cost Estimators?

With a Cost of Living Index of 91.9 (lower than the national average of 100), your salary goes further here.

Where are the highest paying cities near Wisconsin?

Some top paying nearby cities include Wausau, WI ($78,510) and Oshkosh-Neenah, WI.

What is the average salary for a Cost Estimator in Wisconsin?

The average annual salary for a Cost Estimator in Wisconsin is $75,190.

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

Wisconsin's cost of living is below the national average, with an index of 91.9 compared to the national benchmark of 100.

Is the job market for Cost Estimators strong in Wisconsin?

Yes, with a Location Quotient of 1.25, Wisconsin has a higher concentration of Cost Estimator jobs than the national average, suggesting a strong market.

How many Cost Estimators work in Wisconsin?

There are approximately 5,200 Cost Estimators employed in Wisconsin.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 5,200 employees in the Wisconsin area with a job density of 1.779 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.