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Cost Estimating Manager Salary
in Chicago, Illinois

$122,401 (USD)

Average Salary


Average Hourly


Average Bonus

Last updated: June 25, 2019

Salary Recap

The average pay for a Cost Estimating Manager is $122,401 a year and $59 an hour in Chicago, Illinois, United States. The average salary range for a Cost Estimating Manager is between $85,671 and $152,041. On average, a Bachelor's Degree is the highest level of education for a Cost Estimating Manager. This compensation analysis is based on salary survey data collected directly from employers and anonymous employees in Chicago, Illinois.

Average Salary Chart

Scroll for Salary Potential, Education and Skills

Job Summary

  • Manages and coordinates, through subordinate personnel, employees engaged in estimating the cost of the design, tooling, manufacture, and modification of products or projects.
  • Analyzes blueprints, specifications, proposals, and other documentation to prepare time, cost, and labor estimates for products, projects, or services, applying knowledge of specialized methodologies, techniques, principles, or processes.
  • Determines cost factors and provides estimates used for management purposes, such as planning, organizing, and scheduling work, preparing bids, selecting vendors or subcontractors, and determining cost effectiveness.
  • Conducts special studies to develop and establish standard hour and related cost data or effect cost reductions.
Cost Estimating Manager Job Prevalence in Chicago, Illinois, United States

Job family: Industrial Production Managers

Job family population: 171,520

Estimated population of Cost Estimating Manager jobs: 6,187

Rate of error: 0.6%

Salary Potential

Estimated salary in 2024:
5 Year Change:
16 %



About Chicago, Illinois

Chicago Cost of Living Score:

Description: Chicago ( (listen), locally also ), officially the City of Chicago, is the most populous city in Illinois, as well as the third most populous city in the United States. With an estimated population of 2,705,994 (2018), it is the most populous city in the Midwest. Chicago is the principal city of the Chicago metropolitan area, often referred to as Chicagoland, and the county seat of Cook County, the second most populous county in the United States. The metropolitan area, at nearly 10 million people, is the third-largest in the United States. Located on the shores of freshwater Lake Michigan, Chicago was incorporated...

Cost Estimating Manager Job Listings for Chicago, Illinois

Cost Estimator
May 28
Chicago, IL, USA
Dubak Electrical Group
Create and compile detailed cost estimates. * Experience using Accubid. * Good technical writing ... Consult with project managers to consult estimating costs and resolve any issues/ * Ability to ...
Senior Cost Manager - Chicago - $160k
Apr 20
Chicago, IL, USA
Resourcing Group
Senior Cost Manager - Chicago - $160k My client, a global leader in project and cost consulting ... Manage estimating services for full project by developing project estimates (relating to ...
May 30
Chicago, IL, USA
National Shopping Plazas
... cost estimates, preparing related reports and making recommendations; o Become familiar with ... recommendations to management; o Establish and maintain effective and positive working ...
Senior Manager Polymer Engineering
Jun 18
Lake Forest, IL, USA
Abbott Laboratories
... cost estimates for capital and expense. Create and maintain project schedules, oversee cross ... Position manages multiple, diverse and global projects with critical milestones as well as is ...
Functional Project Manager (Non-IT)
Jun 20
Naperville, United States
IT Avalon
Must Have 5+ years of recent bankingfinancial services Project Management experience PMP ... Time Estimating Cost Estimating Developing a Budget Documentation and Monthly Reporting (PRIME ...
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