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Cost Estimators Salary in Madison, WI

BLS Official DataUpdated 2025-05-31
Median Annual

$73,420

Mean: $77,370

~$57,268 est. take-home

Hourly Rate

$35.30

Based on 2,080 hrs/yr

Cost of Living

100

100 = national avg

A

Very affordable

Affordability score: 100/100

Monthly surplus

$2,367/mo

Savings rate

48%

Cost Estimators salary in Madison, WI — median $73,420/year, range $57,550-$94,740

Salary Distribution

Where the median falls between the 25th and 75th percentile.

25th %

$57,550

Median

$73,420

75th %

$94,740

Median is in the 43th percentile of the typical range

Cost Estimators in other WI cities

Compare the same occupation across cities in WI.

About Cost Estimators salaries in Madison, WI

Cost Estimators in Madison, WI earn a median of $73,420 per year, based on BLS Occupational Employment and Wage Statistics data. The mean salary is $77,370, which tends to skew higher because a small number of high earners pull the average up.

Most cost estimators in this area earn between $57,550 and $94,740. Where you land depends on experience, employer type, and whether you have in-demand specializations.

That works out to roughly $35.30 per hour assuming a standard 2,080-hour work year. Actual hourly pay may differ for part-time or contract roles.

Career Outlook

3% growthAs fast as average (BLS 2024–2034)

3% growth. AI can help with quantity takeoffs, but experienced estimators who understand construction methods, supply chain volatility, and risk assessment are still essential. Bad estimates cost companies millions — the human judgment isn't going away.

Worth knowing: Professional certification (CPE or CCP) is the ticket to higher pay. Estimators who specialize in green building and renewable energy projects are in particularly high demand.

Frequently Asked Questions

What is the average salary for a cost estimators in Madison?

The median — where half earn more and half earn less — is $73,420. The average (mean) is $77,370, which is higher because top earners pull it up.

How much does a cost estimators make per hour in Madison?

About $35.30/hour, based on a standard 2,080-hour work year. Part-time or overtime hours will change the actual rate.

What is the salary range for cost estimators in Madison?

The middle 50% earn between $57,550 and $94,740. Below $57,550 is typically entry-level; above $94,740 usually means significant experience or specialized skills.

Salary Conversion Table

How does $73,420 per year break down across different time periods?

PeriodGrossEst. Take-Home
Yearly$73,420$57,268
Monthly$6,118$4,772
Biweekly$2,824$2,203
Weekly$1,412$1,101
Hourly (40h/wk)$35.3$27.53
Hourly (35h/wk)$40.34$31.47
Hourly (30h/wk)$47.06$36.71
Daily (8h)$282$220

Take-home estimates use an effective tax rate of 22%. Actual amounts vary by filing status, deductions, and state tax.

Cost Estimators: Highest-Paying Cities in the U.S.

Top 10 cities nationwide for cost estimators, based on BLS median salary data.

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