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Cost Estimating Analyst Jobs (NOW HIRING)

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 ...

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 ...

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 ...

Tecolote Research

Senior Cost Analyst

Arlington, VA · On-site

$90K - $120K/yr

Cost research, data collection, parametric cost estimating, cost and schedule estimating, life cycle cost analysis, cost estimating relationship and model development, cost risk analysis, project ...

Tecolote Research

Senior Cost Analyst

San Diego, CA · On-site

$75K - $135K/yr

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

Chevron

Capital Cost Estimating Advisor

Houston, TX · On-site +1

Integrate contingency planning, escalation, and risk analysis into cost estimates, and evaluate contingency to support appropriate drawdown strategies based on risk analysis. * Lead cost and schedule ...

Chevron

Capital Cost Estimating Advisor

Houston, TX · On-site

Integrate contingency planning, escalation, and risk analysis into cost estimates, and evaluate contingency to support appropriate drawdown strategies based on risk analysis. * Lead cost and schedule ...

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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 3, 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, and why are they important?

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 0.6 rule for cost estimating?

The 0.6 rule in cost estimating, often used by Cost Estimating Analysts, suggests that approximately 60% of the total project cost is allocated to direct costs such as labor, materials, and equipment, with the remaining 40% covering indirect costs and profit. This rule helps in quickly assessing project budgets and ensuring accurate cost control during the estimating process.

Will estimators be replaced by AI?

Cost estimating analysts perform detailed cost assessments that require judgment, experience, and understanding of project specifics. While AI and automation tools can assist with data analysis and repetitive tasks, they are unlikely to fully replace human estimators due to the need for critical thinking and contextual decision-making in complex projects.

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.

Is a cost estimator a good career?

A cost estimating analyst is a valuable role in industries like construction, manufacturing, and engineering, focusing on calculating project costs and budgets. The career offers steady employment, opportunities for advancement, and often requires skills in data analysis, attention to detail, and familiarity with estimating software. It can be a stable and rewarding career for those interested in finance, project management, and technical analysis.

What does an estimating analyst do?

A cost estimating analyst evaluates project requirements, gathers data, and develops detailed cost estimates to support budgeting and project planning. They use tools like spreadsheets and estimating software, and often review specifications and drawings to ensure accuracy and completeness.
More about Cost Estimating Analyst jobs
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Cost Estimating Analyst jobs near you
Infographic showing various Cost Estimating Analyst job openings in the United States as of July 2026, with employment types broken down into 89% Full Time, 6% Part Time, 1% Temporary, and 4% Contract. Highlights an 83% Physical, 7% Hybrid, and 10% Remote job distribution, with an average salary of $86,312 per year, or $41.5 per hour.

Senior Cost Analyst

Tecolote Research

Arlington, VA • On-site

$90K - $120K/yr

Full-time

Re-posted 3 days ago

Job description

Overview
We are seeking applicants with 7 to 15 years of experience possessing strong quantitative background with an emphasis in Department of Homeland Security (DHS) acquisition cost estimating analysis, familiarity with various cost analysis models and tools, strong analytical, interpersonal, and presentation skills. Seeking a highly motivated individual with a strong work ethic, ability to work autonomously or in a team environment, with excellent communication, quantitative, research and analytical skills to provide cost estimating/analysis and budget analysis and execution support for FEMA acquisition programs. Microsoft Office proficiency (Excel, Word, and Power Point) and experience in cost modeling and cost analysis of weapon systems.
Responsibilities
  • Individual will perform a variety of cost and economic analysis.
  • 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 analysis, project forecasting and risk assessment, cost-benefit analysis, and software cost estimating.

Skills Required
  • 7 to 15 years of government acquisition experience and knowledge of Federal contract requirements, cost estimating, and cost analysis
  • Demonstrated expertise in complex information technologies, simulations, models, operations, and research tools. Demonstrated expertise in advising senior-level decision makers on significant issues related to cost
  • Demonstrated knowledge of the IT software used throughout the government for cost and economic analysis such as Automated Cost Estimating Integrated Tool (ACEIT), Crystal Ball, @Risk, and other common cost analysis software
  • Knowledge of DHS systems, software, and policy, particularly FEMA cost estimating best practices and policy and budget policy and systems
  • Agile software estimating experience will be viewed favorably
  • Demonstrated ability to work in a dynamic work environment and ability to coordinate and perform multiple assignments
  • Possess analytical, assertive, creative, and effective problem solving skills
  • Possess excellent communication skills, both written and verbal
  • Possession of a Certified Cost Estimating and Analysis (CCEA) certification from the International Cost Estimating and Analysis Association (ICEAA)
  • Demonstrated capability to work independently to resolve complex issues
  • U.S. Citizenship required
  • Ability to obtain and maintain a DHS Suitability is required
  • Bachelor's degree required, preferably in math, engineering, business, or the sciences

Salary range: $90,000-$120,000 depending on experience and qualifications
Education
Bachelor's degree required, preferably in math, engineering, business, or the sciences.

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