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Cost Estimators Salary in Illinois

How much does a Cost Estimators make in Illinois?

Last updated: 2024 data from the Bureau of Labor Statistics

$79,880
Median Annual Salary
$83,240
Mean Salary
$79,880
Median Salary
$38.40
Hourly Rate
6,220 people work as Cost Estimators in Illinois

About This Job: Cost Estimators

Prepare cost estimates for product manufacturing, construction projects, or services to aid management in bidding on or determining price of product or service. May specialize according to particular service performed or type of product manufactured.

Top Skills

Reading Comprehension
4.0
Mathematics
4.0
Speaking
3.88
Active Listening
3.75
Critical Thinking
3.75

Key Knowledge Areas

Mathematics
4.41
Economics and Accounting
3.95
Computers and Electronics
3.5
Engineering and Technology
3.41
Building and Construction
3.32
Typical Education: Bachelor's Degree (81.8% of workers)

Source: O*NET OnLine, U.S. Department of Labor

Salary Range: Cost Estimators in Illinois

Salaries for Cost Estimators in Illinois range from $47,520 at the 10th percentile (entry level) to $127,050 at the 90th percentile (experienced). The middle 50% earn between $59,320 and $99,470.

Median $79,880
P10: $47,520 P25: $59,320 P75: $99,470 P90: $127,050
10th
$47,520
25th
$59,320
Median
$79,880
75th
$99,470
90th
$127,050
Percentile Annual Salary Hourly Rate Monthly
10th Percentile (Entry Level) $47,520 $22.85 $3,960
25th Percentile $59,320 $28.52 $4,943
Median (50th) $79,880 $38.40 $6,656
75th Percentile $99,470 $47.82 $8,289
90th Percentile (Experienced) $127,050 $61.08 $10,587

Note: The mean (average) salary of $83,240 differs from the median because salary distributions are typically skewed by high earners.

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What does this salary really buy? See Cost Estimators salary in Illinois adjusted for cost of living →

Cost Estimators Salary by State

Compare Cost Estimators pay across states — sorted by highest median salary.

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Frequently Asked Questions

How much does a Cost Estimators make in Illinois?
The median annual salary for a Cost Estimators in Illinois is $79,880 as of 2024. The average (mean) salary is $83,240.
What is the salary range for a Cost Estimators in Illinois?
Salaries for Cost Estimators in Illinois range from $47,520 at the 10th percentile to $127,050 at the 90th percentile. The middle 50%% earn between $59,320 and $99,470.
What is the starting salary for a Cost Estimators in Illinois?
Entry-level Cost Estimators positions in Illinois typically start around $47,520 (10th percentile). With some experience, salaries rise to $59,320 (25th percentile).
How many people work as Cost Estimators in Illinois?
According to 2024 BLS data, approximately 6,220 people are employed as Cost Estimators in Illinois.
What is the hourly rate for a Cost Estimators in Illinois?
Based on a standard 2,080-hour work year, the median hourly rate for a Cost Estimators in Illinois is approximately $38.40 per hour.

Data Source & Methodology

Salary data is sourced from the U.S. Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) survey, 2024 estimates. The OEWS survey covers approximately 1.1 million establishments nationwide.

Annual salaries are calculated based on a standard 2,080-hour work year. Actual compensation may vary based on experience, education, employer, and local market conditions. Figures do not include benefits, bonuses, or overtime pay.

Our Methodology · Data Sources · Source: BLS OEWS