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Cost Estimating Analyst Jobs (NOW HIRING)

Tecolote Research

Cost Analyst

Arlington, VA · On-site

$85K - $95K/yr

Work may include cost research, data collection, parametric cost estimating, cost and schedule estimating, life cycle cost analysis, cost estimating relationship and model development, cost risk ...

Tecolote Research

Cost Analyst

Arlington, VA · On-site

$85K - $95K/yr

Work may include cost research, data collection, parametric cost estimating, cost and schedule estimating, life cycle cost analysis, cost estimating relationship and model development, cost risk ...

Tecolote Research

Cost Analyst

Arlington, VA · On-site

$85K - $95K/yr

Work may include cost research, data collection, parametric cost estimating, cost and schedule estimating, life cycle cost analysis, cost estimating relationship and model development, cost risk ...

Tecolote Research

Advanced Cost Analyst

Hanahan, SC · On-site

Conducting cost analyses and cost estimating in support of Life Cycle Cost Estimates, Analyses of Alternatives (AoA), Business Case Analyses (BCAs), and trade studies * Developing cost models and ...

Odyssey Systems Consulting Group, Ltd.

Cost Estimating Process * Develop, maintain, update, and deliver fully documented and well ... Analyze all elements affecting costs for a project of limited scope * Implement processes and logic ...

Odyssey Systems Consulting Group, Ltd.

Cost Analyst

$110K - $125K/yr

Cost Estimating Process * Develop, maintain, update, and deliver fully documented and well ... Analyze all elements affecting costs for a project of limited scope * Implement processes and logic ...

DisplayIt

Cost Estimating Manager

Mckinney, TX · On-site

Analyze project specifications, drawings, and requirements to develop detailed cost breakdowns. * Collaborate closely with design, procurement, sales, and operations to align estimating practices ...

Tecolote Research

Senior Cost Analyst

Arlington, VA · On-site

$90K - $120K/yr

Work may include cost research, data collection, parametric cost estimating, cost and schedule estimating, life cycle cost analysis, cost estimating relationship and model development, cost risk ...

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Cost Estimating Analyst information

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$37K

$86.3K

$127.5K

How much do cost estimating analyst jobs pay per year?

As of Aug 7, 2026, the average yearly pay for cost estimating analyst in the United States is $86,312.00, according to ZipRecruiter salary data. Most workers in this role earn between $69,500.00 and $100,500.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as a cost estimating analyst?

To thrive as a Cost Estimating Analyst, you need strong analytical abilities, proficiency in mathematics, and typically a degree in finance, engineering, or a related field. Familiarity with cost estimation software such as ProEst, RSMeans, or SAP, as well as advanced Excel skills, is highly valued, and certifications like AACE's Certified Cost Professional (CCP) can be beneficial. Excellent attention to detail, problem-solving skills, and clear communication are essential soft skills for collaborating with project teams and presenting findings. These competencies ensure accurate cost projections, informed decision-making, and support the financial success of projects.

What is a cost estimating analyst?

A Cost Estimating Analyst is a professional who evaluates and predicts the expenses associated with projects, products, or services. They analyze data, review project specifications, and use specialized software to estimate costs for materials, labor, and other resources. Their work helps organizations plan budgets, make informed decisions, and ensure projects stay within financial limits. Cost Estimating Analysts are commonly employed in industries such as construction, manufacturing, engineering, and government contracting.

What are some common challenges faced by cost estimating analysts when working on large-scale projects?

Cost Estimating Analysts often encounter challenges such as managing incomplete or evolving project specifications, coordinating input from multiple departments, and adjusting estimates in response to unexpected changes in scope or market conditions. Working on large projects typically requires balancing accuracy with tight deadlines, ensuring estimates are both reliable and timely. Collaboration with engineers, project managers, and procurement specialists is essential, and strong communication skills help bridge gaps and clarify assumptions, which minimizes the risk of cost overruns.

What is the difference between Cost Estimating Analyst vs Cost Estimator?

AspectCost Estimating AnalystCost Estimator
CredentialsBachelor's degree in finance, engineering, or related field; certifications like AACE Certified Estimating ProfessionalBachelor's degree often preferred; certifications like AACE or CPC are common
Work EnvironmentCorporate offices, government agencies, or consulting firmsConstruction sites, manufacturing plants, or project offices
Industry UsageUsed across government, aerospace, and large-scale industrial projectsPrimarily in construction, manufacturing, and infrastructure projects

The main difference is that a Cost Estimating Analyst typically works in a more analytical, data-driven role within organizations, focusing on detailed cost analysis and forecasting. In contrast, a Cost Estimator often works directly on project sites or in construction environments, preparing initial cost estimates for projects. Both roles require similar credentials and certifications but differ mainly in their work setting and specific responsibilities.

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Cost Estimating Analyst jobs near you
Infographic showing various Cost Estimating Analyst job openings in the United States as of August 2026, with employment types broken down into 1% As Needed, 87% Full Time, 8% Part Time, and 4% Contract. Highlights an 94% Physical, 2% Hybrid, and 4% Remote job distribution, with an average salary of $86,312 per year, or $41.5 per hour.

Cost Estimating Engineer/Mathematician

MDW Associates

Huntsville, AL • On-site

Full-time

Life

Re-posted 6 days ago

Job description

MDW is seeking a highly qualified Cost Estimating Engineer/Mathematician to support the Missile Defense Agency (MDA) as an entry level cost estimating analyst.This candidate will be a full-time engineer or mathematician performing Cost Estimating Analysis supporting the development, fielding, and integration of the Terminal High Altitude Area Defense (THAAD) program element of the Missile Defense Agency's (MDA) Missile Defense System (MDS). Cost Estimating support includes development and maintenance of Life Cycle Cost Estimates and models for Defense Acquisition programs, analysis and reporting of cost data, and conducting excursions.This is a hybrid position with work based in Huntsville, Alabama. Candidates must be within a two-hour commuting distance or be willing to relocate. The Engineer/Mathematician may perform a combination of some or all of the following duties:Develop, present, and defend mathematical cost estimates, cost estimating relationships, and cost models.Develop cost estimating relationships using applied mathematics, probability, statistics, regression analysis, linear algebra, learning curves, and data collection.Use Data Analytics to obtain and analyze essential cost data from contractors' DD Form 1921s and Cost Performance Reports/Integrated Program Management Reports (CPR/IPMR) for the purpose of establishing a credible cost database.Participate in Business Case Analysis (BCA), Analysis of Alternatives (AOA), and risk analysis to develop multiple outputs using input variables by conducting what-if drills, sensitivity analysis, monte-carlo simulations, and other cost-related studies.Review Cost Analysis Requirements Descriptions (CARDs).Collect and manage cost data, technical baseline data, and cost research/analysis.Required Experience:No prior experience required but must have a math-based bachelor's degree.Excellent oral and written communication skills.Exceptionally strong analytical skills and detail oriented.Desired Experience Requirements:Must be a self-starter.Strong knowledge of MS Office with a focus on Excel.Membership and certification in International Cost Estimating and Analysis Association (ICEAA).Education Requirements:Bachelor's Degree in Mathematics, Engineering, Operations Research, Economics, Statistics, Business Analytics, or related field.Security Requirements:Candidates for this position must be able eligible to obtain and maintain a DoW Secret Security Clearance.Company DescriptionIncorporated in 2012, MDW is a small business headquartered in McLean, VA with offices in Huntsville, AL. We provide Federal government clients with consulting, management services, advisory and assistance services, decision support, strategic planning, process planning and improvement, task execution and metrics analysis. Our mission is to make our clients more successful by providing honest assessments, exceptional analysis, prudent advice, direct communication, and hard work.Our core capabilities include:Strategic PlanningCost EstimatingBudget Programming and JustificationBudget ExecutionAcquisition ManagementFinancial Systems Support & IntegrationMDW Associates, LLC ("MDW") is an equal opportunity employer and does not discriminate in hiring or employment on the basis of race, religion, color, sex, national origin, age, marital status, covered veteran status, mental or physical disability, pregnancy or any other unlawful basis unrelated to the ability to do the job. MDW seeks to employ talented, ethical, and entrepreneurial-minded persons. Our applicants and employees are protected from discrimination as required by Federal law.Additional InformationWe offer a competitive and comprehensive benefits and compensation package for our employees, including but not limited to:HealthDentalVisionGroup Life Insurance/Long Term Disability/Short Term DisabilityRetirement/401(k)Flexible Leave PolicyAll your information will be kept confidential according to EEO guidelines.