As of April 01, 2026, the average salary for a Cost Estimation Analyst V in Michigan is $164,573 per year, which breaks down to an hourly rate of $79.
However, a Cost Estimation Analyst V's salary can vary significantly. Here’s a look at the typical salary range:
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Cost Estimation Analyst V Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $189,237 | $15,770 | $3,639 | $91 |
| Average | $164,573 | $13,714 | $3,165 | $79 |
| 25th Percentile | $158,515 | $13,210 | $3,048 | $76 |
Amphenol Borisch Technologies - Grand Rapids, MI
Technomics - Troy, MI
Ford Motor Company - Dearborn, MI
Walbridge - Detroit, MI
A Cost Estimation Analyst V's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location and company size can directly affect your earning potential.
Experience is a primary driver of a Cost Estimation Analyst V's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:
| Job Role | Years of Experience | Average Salary |
|---|---|---|
| Cost Estimation Analyst III | 4-7 years | $105,203 |
| Cost Estimation Analyst IV | 7+ years | $139,475 |
| Cost Estimation Analyst V | 7-10 years | $164,573 |
| Cost Estimating Supervisor | 10+ years | $86,777 |
| Cost Estimating Senior Supervisor | 10+ years | $122,196 |
What Am I Worth?
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Cost Estimation Analyst Vs. For example, consider the average annual salaries in these key locations:
Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:
Understanding how a Cost Estimation Analyst V's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $189,237 | $15,770 | $3,639 | $91 |
| Average | $164,573 | $13,714 | $3,165 | $79 |
| 25th Percentile | $158,515 | $13,210 | $3,048 | $76 |
For a Cost Estimation Analyst V, the most direct path to higher earnings is advancing to the Cost Estimating Supervisor role. This promotion typically comes with a significant pay increase, bringing the average annual salary to $86,777 - a projected growth of -47% over your current level.
Ready to take the next step in your career? Browse thousands of current Cost Estimation Analyst V job openings on our job board. Use the search bar below to find your perfect match.
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