Richmond, VA · SOC 13-1051

Cost Estimators in Richmond

Metro area salary data from the Bureau of Labor Statistics (May 2025)

Share: Post LinkedIn

Median Salary

$77,540

per year in Richmond

2% below

National Median

$78,740

per year nationally

Hourly Rate

$37.28/hr

median hourly

Employment

1,080

jobs in Richmond

BLS metro-level wage data places Cost Estimators pay in Richmond, VA at a median of $77,540 per year ($37.28/hr/hour), drawn from the OEWS May 2025 release for this Metropolitan Statistical Area. Compared to the national median of $78,740, Richmond pays 2% below, which typically tracks with a lower local cost of living or smaller specialized-employer cluster. Approximately 1,080 cost estimatorss are employed across the Richmond MSA in SOC 13-1051.

The Richmond pay distribution spans from $48,520 at the 10th percentile to $114,270 at the 90th — a 2.4× spread that reflects experience tenure, specialization, employer size, and the difference between public-sector, nonprofit, and private-sector compensation inside the metro. The 25th percentile sits at $60,580 and the 75th at $94,280, so half of Richmond-based cost estimatorss earn within that middle band.

Metro figures capture where you actually work, not just where you live — which matters for commuters. BLS draws metro boundaries from the OMB MSA definitions, so Richmond, VA covers the central city plus outlying counties tied to the metro economically. Remember that OEWS wages reflect base pay only: employer-provided health insurance, retirement matches, stock options, signing bonuses, overtime, and tips are excluded and can add 20-40% to real total compensation. Before using this metro median as a negotiation anchor, triangulate against the same occupation's national profile (linked below), its state-wide VA data, and peer-metro comparisons — a median is a starting point, not a ceiling.

Salary Range in Richmond

Annual Salary Distribution

$48,520$60,580$77,540$94,280$114,270
10th pct25thMedian75th90th pct

10th Percentile

$48,520

25th Percentile

$60,580

Median

$77,540

75th Percentile

$94,280

90th Percentile

$114,270

Top Paying Jobs in Richmond

Similar Occupations in Richmond

Other roles inside the Richmond, VA MSA from the same SOC major group.

Frequently Asked Questions

How much does a Cost Estimators make in Richmond?
The median annual salary for Cost Estimators in Richmond, VA is $77,540 ($37.28/hour). The salary range spans from $48,520 at the 10th percentile to $114,270 at the 90th percentile.
Is Richmond a good place to work as a Cost Estimators?
Cost Estimators in Richmond, VA earns 2% below the national median of $78,740. There are approximately 1,080 Cost Estimators jobs in this metro area.

Last updated: May 2025 (BLS OEWS annual release). Source: U.S. Bureau of Labor Statistics, OEWS May 2025.

Verify with BLS →