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Cost Estimators vs Mechanical Engineers: Salary Comparison (2024)

Side-by-side salary comparison using 2024 Bureau of Labor Statistics data.

Cost Estimators

$77,070

Median annual salary

219,530 employed nationally

Mechanical Engineers

$102,320

Median annual salary

286,760 employed nationally

Which Career Pays More?

Mechanical Engineers professionals earn $25,250 more per year than Cost Estimators professionals — that's 32.8% higher. At the 90th percentile, Cost Estimators earns $128,640 compared to $161,240 for Mechanical Engineers.

Salary Range Comparison

Cost Estimators$46,330$128,640
Mechanical Engineers$68,740$161,240
$46,330$161,240

Detailed Salary Comparison

PercentileCost EstimatorsMechanical EngineersDifference
10th Percentile$46,330$68,740$-22,410
25th Percentile$59,830$81,800$-21,970
Median (50th)$77,070$102,320$-25,250
75th Percentile$99,630$130,290$-30,660
90th Percentile$128,640$161,240$-32,600
Mean (Average)$83,160$110,080$-26,920

Employment Numbers

Cost Estimators

219,530

employed nationwide

Mechanical Engineers

286,760

employed nationwide

Top Paying Cities

Frequently Asked Questions

Who earns more: Cost Estimators or Mechanical Engineers?
Mechanical Engineers professionals earn more, with a median salary difference of $25,250 (32.8% higher) as of 2024 BLS data.
What is the salary range for Cost Estimators?
Cost Estimators salaries range from $46,330 (10th percentile) to $128,640 (90th percentile), with a median of $77,070.
What is the salary range for Mechanical Engineers?
Mechanical Engineers salaries range from $68,740 (10th percentile) to $161,240 (90th percentile), with a median of $102,320.
How many Cost Estimators and Mechanical Engineers jobs are there?
There are approximately 219,530 Cost Estimators positions and 286,760 Mechanical Engineers positions nationwide according to 2024 BLS data.
Is it worth switching from Mechanical Engineers to Cost Estimators?
Career decisions depend on many factors beyond salary. Cost Estimators has a median salary of $77,070 while Mechanical Engineers earns $102,320. Consider job satisfaction, growth prospects, required education, and work-life balance.

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Data verified March 2026 · Source: U.S. Bureau of Labor Statistics OEWS