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Cost Estimators Salary in New Mexico

How much does a Cost Estimators make in New Mexico?

Last updated: 2024 data from the Bureau of Labor Statistics

$69,040
Median Annual Salary
$76,790
Mean Salary
$69,040
Median Salary
$33.19
Hourly Rate
980 people work as Cost Estimators in New Mexico

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 New Mexico

Salaries for Cost Estimators in New Mexico range from $42,400 at the 10th percentile (entry level) to $116,650 at the 90th percentile (experienced). The middle 50% earn between $53,940 and $95,600.

Median $69,040
P10: $42,400 P25: $53,940 P75: $95,600 P90: $116,650
10th
$42,400
25th
$53,940
Median
$69,040
75th
$95,600
90th
$116,650
Percentile Annual Salary Hourly Rate Monthly
10th Percentile (Entry Level) $42,400 $20.38 $3,533
25th Percentile $53,940 $25.93 $4,495
Median (50th) $69,040 $33.19 $5,753
75th Percentile $95,600 $45.96 $7,966
90th Percentile (Experienced) $116,650 $56.08 $9,720

Note: The mean (average) salary of $76,790 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 New Mexico 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 New Mexico?
The median annual salary for a Cost Estimators in New Mexico is $69,040 as of 2024. The average (mean) salary is $76,790.
What is the salary range for a Cost Estimators in New Mexico?
Salaries for Cost Estimators in New Mexico range from $42,400 at the 10th percentile to $116,650 at the 90th percentile. The middle 50%% earn between $53,940 and $95,600.
What is the starting salary for a Cost Estimators in New Mexico?
Entry-level Cost Estimators positions in New Mexico typically start around $42,400 (10th percentile). With some experience, salaries rise to $53,940 (25th percentile).
How many people work as Cost Estimators in New Mexico?
According to 2024 BLS data, approximately 980 people are employed as Cost Estimators in New Mexico.
What is the hourly rate for a Cost Estimators in New Mexico?
Based on a standard 2,080-hour work year, the median hourly rate for a Cost Estimators in New Mexico is approximately $33.19 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