Occupational Employment Statistics


13-1051 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.

Geography EmploymentEmp SE*Percentiles
Northwest Minnesota 26044$25.10/hr$12.63/hr$20.10/hr$23.42/hr$30.64/hr$38.01/hr

IndustryOES Employment (Statewide)OES Median Wage (Statewide)
Natural Resources and MiningN/AN/A
Trade, Transportation and Utilities590$27.55/hr
Financial ActivitiesN/AN/A
Professional and Business Services300$35.90/hr
Education and Health ServicesN/AN/A
Leisure and HospitalityN/AN/A
Other Services390$27.91/hr
Geography EmploymentMedian WageProjections
% Change 2016-2026
Northeast Balance of State 30$30.82/hrN/A
Grand Forks ND-MN MSA 60$34.12/hrN/A
Mankato-North Mankato MN MSA 90$28.95/hrN/A
La Crosse WI-MN MSA 90$27.28/hrN/A
Southeast Balance of State 120$30.15/hrN/A
Rochester MN MSA 130$28.87/hrN/A
Duluth MN-WI MSA 160$31.51/hrN/A
Southwest Balance of State 170$28.09/hrN/A
Northeast Minnesota 170$31.35/hr0.5%
Southeast Minnesota 210$29.09/hr1.9%
Southwest Minnesota 230$28.82/hr3.1%
St Cloud MN MSA 240$27.60/hrN/A
Northwest Minnesota 260$23.42/hr17.3%
Fargo ND-MN MSA 320$32.79/hrN/A
Northwest Balance of State 330$22.95/hrN/A
Central Minnesota 540$29.86/hr17.1%
Seven County Mpls-St Paul, MN 2,960$32.03/hr4.1%
Minneapolis-St Paul-Bloomington MN-WI MSA 3,250$31.99/hrN/A
Minnesota 4,460$30.73/hr6.6%

Occupations EmploymentMedian WageProjections
% Change 2016-2026
Business Operations Specialists, All Other 24,660$32.24/hr7.9%
Purchasing Managers 2,140$54.84/hr6.8%
Financial Specialists, All Other 3,320$32.08/hr8.9%
Managers, All Other 9,350$58.02/hrN/A

  • Prepare estimates used by management for purposes such as planning, organizing, and scheduling work.
  • Confer with engineers, architects, owners, contractors, and subcontractors on changes and adjustments to cost estimates.
  • Establish and maintain tendering process, and conduct negotiations.
  • Analyze blueprints and other documentation to prepare time, cost, materials, and labor estimates.
  • Consult with clients, vendors, personnel in other departments, or construction foremen to discuss and formulate estimates and resolve issues.
  • Consult with clients, vendors, personnel in other departments, or construction foremen to discuss and formulate estimates and resolve issues.
  • Assess cost effectiveness of products, projects or services, tracking actual costs relative to bids as the project develops.
  • Review material and labor requirements to decide whether it is more cost-effective to produce or purchase components.
  • Prepare estimates for use in selecting vendors or subcontractors.
  • Collect historical cost data to estimate costs for current or future products.