Cost Estimator salary in New Mexico
Cost Estimators in New Mexico earn a median of $67,590 a year ($32.50 an hour), based on BLS data for 900 workers.
Pay ranges from $38,960 for the lowest-paid 10% to $109,610 for the top 10%. That is 14% lower than the national median of $78,740. New Mexico ranks 50th of 51 states for cost estimators pay. There are 1.0 cost estimators per 1,000 jobs here — the job is less common than nationally (location quotient 0.72). The average (mean) salary is $71,890, above the median because a few high earners pull it up.
Pay range for cost estimators in New Mexico
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $38,960 | $18.73 |
| 25th percentile | $49,000 | $23.56 |
| Median | $67,590 | $32.50 |
| 75th percentile | $82,990 | $39.90 |
| 90th percentile (top earners) | $109,610 | $52.70 |
| Average (mean) | $71,890 | $34.56 |
Half of cost estimators earn more than the median and half earn less. Percentiles show the spread: 10% earn less than the 10th percentile, and 10% earn more than the 90th.
Median paycheck, before taxes
| Pay period | Amount |
|---|---|
| Monthly | $5,632.50 |
| Semi-monthly (24 a year) | $2,816.25 |
| Biweekly (26 a year) | $2,599.62 |
| Weekly | $1,299.81 |
| Hourly | $32.50 |
Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.
Cost Estimator salary in cities in New Mexico
| Metro area | Median salary | Workers |
|---|---|---|
| Albuquerque, NM | $73,090 | 520 |
| Farmington, NM | $62,530 | 60 |
| Santa Fe, NM | $61,570 | 60 |
| Las Cruces, NM | $56,010 | 90 |
Highest-paying states for cost estimators
| State | Median salary |
|---|---|
| Massachusetts | $100,840 |
| Alaska | $97,020 |
| Wyoming | $90,790 |
| Colorado | $86,940 |
| Washington | $86,070 |
| California | $85,460 |
| Illinois | $82,750 |
| District of Columbia | $82,730 |
| Nevada | $82,200 |
| Rhode Island | $81,990 |
Related jobs in New Mexico
| Job | Median salary | Hourly |
|---|---|---|
| Business Operations Specialists, All Other | $79,100 | $38.03 |
| Project Management Specialist | $106,970 | $51.43 |
| Human Resources Specialist | $68,050 | $32.72 |
| Management Analyst | $93,180 | $44.80 |
| Compliance Officer | $67,990 | $32.69 |
| Buyers and Purchasing Agents | $76,740 | $36.90 |
| Training and Development Specialists | $62,900 | $30.24 |
| Market Research Analysts and Marketing Specialists | $61,950 | $29.79 |
| Claims Adjusters, Examiners, and Investigators | $67,930 | $32.66 |
| Logistician | $98,430 | $47.32 |
| Meeting, Convention, and Event Planners | $50,820 | $24.43 |
| Compensation, Benefits, and Job Analysis Specialists | $83,540 | $40.16 |
| Fundraiser | $65,440 | $31.46 |
| Labor Relations Specialist | $83,770 | $40.28 |
More: Business and Financial Operations Occupations · all salaries in New Mexico
Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025 estimates, occupation code 13-1051. Wages include base pay, tips, commissions and shift pay, but not overtime, bonuses or benefits, and exclude the self-employed.
Frequently asked questions
How much does a cost estimator make in New Mexico?
The median salary for cost estimators in New Mexico is $67,590 a year, or $32.50 an hour. Pay ranges from $38,960 for the lowest-paid 10% to $109,610 for the top 10%.
How much do the highest-paid cost estimators make in New Mexico?
The top 10% of cost estimators in New Mexico earn at least $109,610 a year. The top 25% earn $82,990 or more.
What is the starting pay for cost estimators in New Mexico?
Entry-level pay (the 10th percentile) is about $38,960 a year, and a quarter of cost estimators earn $49,000 or less.
How many cost estimators work in New Mexico?
About 900 cost estimators are employed in New Mexico, not counting the self-employed.