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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.

Other titles employers use

Acquisition Cost Estimator · Analyst · Construction Estimator · Cost Analyst · Cost Consultant · Cost Engineer · Cost Estimating Analyst · Cost Estimator

Inside the work

What you would actually do.

6 responsibilities that define the role, before job titles and workplaces change the details.

  • Analyze blueprints and other documentation to prepare time, cost, materials, and labor estimates.
  • Confer with engineers, architects, owners, contractors, and subcontractors on changes and adjustments to cost estimates.
  • Collect historical cost data to estimate costs for current or future products.
  • Assess cost effectiveness of products, projects or services, tracking actual costs relative to bids as the project develops.
  • Consult with clients, vendors, personnel in other departments, or construction foremen to discuss and formulate estimates and resolve issues.
  • Establish and maintain tendering process, and conduct negotiations.

Who it suits

Would this work hold your attention?

This career often appeals to people drawn to organizing, persuading and analytical work.

Organizing
Creating order, checking details, and keeping work accurate
Persuading
Leading, selling, starting projects, or making a case
Analytical
Investigating questions, testing ideas, and solving problems

Skills and strengths

What you would get good at.

Compare the skills the work relies on, the subjects behind it, and the abilities that make it easier to learn.

Core skills

  • Reading Comprehension
  • Mathematics
  • Speaking
  • Active Listening
  • Critical Thinking
  • Judgment and Decision Making

Subjects to know

  • Mathematics
  • Economics and Accounting
  • Computers and Electronics
  • Engineering and Technology
  • Building and Construction

Useful strengths

  • Inductive Reasoning
  • Oral Comprehension
  • Oral Expression
  • Mathematical Reasoning
  • Written Comprehension

Working day

Picture yourself doing it.

These measures show how much of the day involves people, movement, conversation, and hands-on work.

How this job scores on four measures of working conditions, out of five
MeasureOut of 5What that means here
Close to other people2.8 Largely your own space
On your feet1.8 Mostly seated
Talking face to face4.5 A regular part of the day
Working with your hands1.3 Little of the day

Preparation

How people prepare for this work.

Employers usually ask for a bachelor's degree. Other routes may also lead into the field.

  • A four-year degree 82%
  • A two-year degree 9%
  • High school or less 5%
  • A master's degree 4%

Tools of the work

Technology you may use.

  • Project management software
  • Computer aided design CAD software
  • Analytical or scientific software
  • Data base user interface and query software
  • Accounting software
  • Spreadsheet software
  • Enterprise resource planning ERP software
  • Document management software

Opportunity near you

See where this work is growing.

Choose a state to compare the size of the field, annual openings, and expected hiring change.

Selected stateCalifornia
People doing this work
27,300
Job openings each year
2,300
Expected hiring change, 2022–2032
4.2%
Compare every available state
State People doing it Job openings each year Expected change
California 27,300 2,300 4.2%
Texas 20,780 1,790 7.4%
Florida 16,360 1,420 8.8%
New York 10,010 10 1.0%
Pennsylvania 9,720 780 −2.7%
Ohio 8,350 670 −3.4%
Virginia 8,110 670
North Carolina 7,890 660 3.7%
Washington 7,820 770 11.2%
Missouri 6,690 550
Colorado 6,340 540 6.4%
Michigan 6,260 500 −4.7%
Illinois 6,040 490 −1.6%
Georgia 6,030 520 7.3%
New Jersey 5,380 440
Wisconsin 5,070 430 4.8%
Indiana 5,020 410 −2.0%
Arizona 4,840 420 8.0%
Maryland 4,440 370 1.8%
Tennessee 4,270 380 14.2%
Utah 3,850 360 23.4%
Oregon 3,830 330 7.9%
Minnesota 3,430 290 1.5%
Kansas 2,700 220 −1.5%
Louisiana 2,700 230 3.4%
Iowa 2,430 200 3.4%
Connecticut 2,340 200 3.1%
Alabama 2,320 190 2.7%
Oklahoma 2,290 190
South Carolina 2,140 180
Nevada 2,050 170 3.0%
Kentucky 1,990 160 −1.5%
Idaho 1,680 150 18.3%
Nebraska 1,590 130 1.9%
Massachusetts 1,550 130
Arkansas 1,440 120
Delaware 1,250 100
Montana 1,090 100 14.7%
Mississippi 1,060 90 7.1%
New Hampshire 1,010 80 2.0%
West Virginia 970 80 2.1%
New Mexico 960 80 5.5%
South Dakota 950 80 5.6%
Maine 840 60 −8.7%
Rhode Island 630 50 1.6%
North Dakota 560 50 3.7%
Puerto Rico 400 30 5.3%
District of Columbia 380 30 −2.6%
Vermont 330 30 3.1%
Wyoming 330 30 10.0%
Alaska 200 20 17.6%
Guam 70 10
Virgin Islands 20 0

Career to college

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