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A cost estimating manager is responsible for overseeing and managing the process of estimating costs for various projects within an organization. They work closely with project managers, engineers, and other stakeholders to develop accurate and comprehensive cost estimates. This involves analyzing project requirements, reviewing blueprints and specifications, identifying potential risks and uncertainties, and conducting market research to determine material and labor costs. The cost estimating manager also collaborates with vendors and subcontractors to obtain competitive bids and negotiate contracts. They ensure that cost estimates are aligned with the organization's budget and financial goals, and provide regular updates and reports to project teams and senior management. Strong analytical skills, attention to detail, and knowledge of industry standards and regulations are essential for success in this role.
Estimated Yearly Salary: 169,144 MYR
Estimated Monthly Salary: 14,095 MYR
Estimated Weekly Salary: 3,253 MYR per week
Estimated Hourly Salary: 81 MYR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 13,647 MYR
Estimated Weekly Salary: 3,149 MYR per week
Estimated Hourly Salary: 79 MYR per hour
Last revision of data: 2024-01-06
Estimated Yearly Salary: 34,022 USD
Estimated Monthly Salary: 2,835 USD
Estimated Weekly Salary: 654 USD per week
Estimated Hourly Salary: 16 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 169,144 MYR
Estimated Monthly Salary: 14,095 MYR
Estimated Weekly Salary: 3,253 MYR per week
Estimated Hourly Salary: 81 MYR per hour
By working as Cost Estimating Manager a person can save up to 2,124 USD per month or 25,488 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Malaysia, see costs of living in Malaysia.
Estimated Yearly Salary for Cost Estimating Manager
Last revision of data: 2025-01-04
Data as of 2025
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Cost Estimating Manager salary in Malaysia
Average Yearly Salary of Cost Estimating Manager in Malaysia is approximately 169,144 MYR (34,022 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Cost Estimating Manager do?
A cost estimating manager is responsible for overseeing and managing the process of estimating costs for various projects within an organization. They work closely with project managers, engineers, and other stakeholders to develop accurate and comprehensive cost estimates. This involves analyzing project requirements, reviewing blueprints and specifications, identifying potential risks and uncertainties, and conducting market research to determine material and labor costs. The cost estimating manager also collaborates with vendors and subcontractors to obtain competitive bids and negotiate contracts. They ensure that cost estimates are aligned with the organization's budget and financial goals, and provide regular updates and reports to project teams and senior management. Strong analytical skills, attention to detail, and knowledge of industry standards and regulations are essential for success in this role.
Skills: cost estimating, project management, financial analysis, budgeting, procurement, construction.
Job industry: Construction
Job industry: Construction
How much does Cost Estimating Manager make?
Salary details
How much does Cost Estimating Manager make?Estimated Yearly Salary: 169,144 MYR
Estimated Monthly Salary: 14,095 MYR
Estimated Weekly Salary: 3,253 MYR per week
Estimated Hourly Salary: 81 MYR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 163,765 MYREstimated Monthly Salary: 13,647 MYR
Estimated Weekly Salary: 3,149 MYR per week
Estimated Hourly Salary: 79 MYR per hour
Last revision of data: 2024-01-06Cost Estimating Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 34,022 USD
Estimated Monthly Salary: 2,835 USD
Estimated Weekly Salary: 654 USD per week
Estimated Hourly Salary: 16 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
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Salary comparison to National average
Malaysia is a Southeast Asian country located on the Malay Peninsula and the island of Borneo. It has a diverse population consisting of various ethnic groups, including Malays, Chinese, Indians, and indigenous tribes. Malaysia has an estimated population of around 32 million people. The country covers an area of approximately 330,803 square kilometers, making it the 66th largest country in the world.
Estimated national average yearly salary is 78,260 MYR (17,780 USD). Value indicated is pre-tax. Below graph shows estimated Cost Estimating Manager job salary compared to average salary in Malaysia.
Comparison shows that a person working as Cost Estimating Manager in Malaysia earns on average:
2.16 times the average salary (or 216% of average salary).
Estimated national average yearly salary is 78,260 MYR (17,780 USD). Value indicated is pre-tax. Below graph shows estimated Cost Estimating Manager job salary compared to average salary in Malaysia.
Comparison shows that a person working as Cost Estimating Manager in Malaysia earns on average:
2.16 times the average salary (or 216% of average salary).
Is Cost Estimating Manager a well paid job?
Yes, our data show that Cost Estimating Manager is a very well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Cost Estimating Manager?
High salary for Cost Estimating Manager would be somewhere between 186,058 MYR and 245,259 MYR. However this is an estimation based on Gaussian Distribution.How much can you save working as Cost Estimating Manager in Malaysia?
Living in Malaysia the approximate monthly expenses are: 711 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 169,144 MYR
Estimated Monthly Salary: 14,095 MYR
Estimated Weekly Salary: 3,253 MYR per week
Estimated Hourly Salary: 81 MYR per hour
By working as Cost Estimating Manager a person can save up to 2,124 USD per month or 25,488 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Malaysia, see costs of living in Malaysia.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Thailand, Indonesia, Singapore, Brunei, Vietnam, Philippines. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Cost Estimating Manager
Thailand is 13,736 USD
Indonesia is 20,109 USD
Singapore is 128,009 USD
Brunei is 60,100 USD
Vietnam is 7,621 USD
Philippines is 7,522 USD Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Malaysia
(927,752 MYR per year, pre-tax.)
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(770,656 MYR per year, pre-tax.)
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(722,312 MYR per year, pre-tax.)
6. Urologist
(706,560 MYR per year, pre-tax.)
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10. Dermatologist
(703,305 MYR per year, pre-tax.)
Data as of 2025Random salary:
Lab supervisor (75,374 MYR per year, pre-tax.)
Public health microbiologist (102,533 MYR per year, pre-tax.)
Night auditor (43,996 MYR per year, pre-tax.)
Sap pm consultant (119,630 MYR per year, pre-tax.)
Civil engineering designer (73,301 MYR per year, pre-tax.)
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