How much does a Cost Estimator II make in Minneapolis, MN? The average Cost Estimator II salary in Minneapolis, MN is $71,259 as of March 26, 2024, but the range typically falls between $63,258 and $81,895. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. 

Cost Estimator II Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Cost Estimator II Salary $55,973 Minneapolis,MN March 26, 2024
25th Percentile Cost Estimator II Salary $63,258 Minneapolis,MN March 26, 2024
50th Percentile Cost Estimator II Salary $71,259 Minneapolis,MN March 26, 2024
75th Percentile Cost Estimator II Salary $81,895 Minneapolis,MN March 26, 2024
90th Percentile Cost Estimator II Salary $91,580 Minneapolis,MN March 26, 2024
25% $63,258 10% $55,973 90% $91,580 75% $81,895 $71,259 50%(Median) Didn’t find job title? Click
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Job Description for Cost Estimator II

Cost Estimator II develops cost estimates for projects based on work scope, specifications, and contract proposals using applicable estimating methodologies and tools. Analyzes project requirements, plans, and specifications to identify labor, material, equipment, and service requirements. Being a Cost Estimator II uses benchmark data, trends, prior estimates, and historical pricing schedules to generate detailed cost estimates that consist of itemized lists of expenses, labor hours, material quantities, and potential cost variations. Depending on the complexity and type of project, may use different estimating methods, mathematical models, or specialized estimating software tools to generate estimates. Additionally, Cost Estimator II typically requires an associate degree or equivalent. Typically reports to a supervisor. The Cost Estimator II works independently within established procedures associated with the specific job function. Has gained proficiency in multiple competencies relevant to the job. To be a Cost Estimator II typically requires 3-5 years of related experience. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Cost Estimator II in Minneapolis, MN
  • Join our fast-paced, high energy, thriving company. We experienced over 80% growth In 2023 and have more continued growth opportunities for 2024 and beyond...
    - 5 Days Ago
  • Job Description. Job Description. Join our fast-paced, high energy, thriving company. We experienced over 80% growth In 2023 and have more continued growth...
    - 1 Day Ago
  • Celebrated as one of Minnesota’s Top Workplaces. Knutson Construction is accepting applications for an Estimator II to join our team in Minneapolis, MN. “T...
    - 4 Days Ago
  • JOB TITLE. Senior Cost Analyst. JOB TYPE. Full Time - Onsite. ABOUT YOU. This role performs manufacturing cost and variance analysis for the Jewelry Produc...
    - 25 Days Ago
  • KTS Job ID 2455024 Koniag Technology Solutions, a Koniag Government Services company, is seeking a Cost Estimator with a Top- Secret Clearance to support K...
    - 2 Days Ago

Career Path for Cost Estimator II

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Cost Estimator II, the upper level is Cost Estimating Team Leader and then progresses to Estimating Supervisor.

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Cost Estimator II salary varies from city to city. Compared with national average salary of Cost Estimator II, the highest Cost Estimator II salary is in San Francisco, CA, where the Cost Estimator II salary is 25.0% above. The lowest Cost Estimator II salary is in Miami, FL, where the Cost Estimator II salary is 3.5% lower than national average salary.

City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-3.5%
City, State Chicago, IL Compared to national average
+ 4.9%
City, State Boston, MA Compared to national average
+ 12.1%
City, State New York, NY Compared to national average
+ 16.8%
City, State Dallas, TX Compared to national average
-1.3%

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Average Base Salary

Core compensation

 
 
 
63258
81895
71259

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
64054
83326
72637
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Cost Estimator II in Minneapolis, MN. The base salary for Cost Estimator II ranges from $63,258 to $81,895 with the average base salary of $71,259. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $64,054 to $83,326 with the average total cash compensation of $72,637.
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63258
81895

 

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About Minneapolis, Minnesota    Minneapolis (/ˌmɪniˈæpəlɪs/ (listen)) is the county seat of Hennepin County and the larger of the Twin Cities, the 16th-largest metropolitan area in t....More

Minneapolis, Minnesota  area prices were up 1.4% from a year ago    View the Cost of Living in Minneapolis, Minnesota

Cost Estimator II Salary in popular cities: Saint PaulRochesterDuluth

Skills associated with Cost Estimator II: ERP Systems, Spreadsheet advanced, Construction Estimating, Cost Analysis ...More

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