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Manufacturing Engineering

Top 10 Best Manufacturing Cost Estimation Software of 2026

Discover top manufacturing cost estimation software tools to streamline production costs—read our guide to find the best fit for your business.

Sarah Mitchell

Sarah Mitchell

Feb 11, 2026

10 tools comparedExpert reviewed
Independent evaluation · Unbiased commentary · Updated regularly
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Accurate cost estimation is vital for manufacturers to maintain competitiveness, optimize margins, and align with project scope—especially as operations grow more complex. With a diverse range of tools to suit product lifecycles, industries, and business sizes, the right software can transform cost forecasting from a manual, error-prone process into an automated, actionable advantage. Below, we highlight the top 10 solutions, each designed to deliver precision, speed, and insight across diverse manufacturing workflows.

Quick Overview

  1. 1#1: aPriori - Automates precise manufacturing cost estimation using digital twin simulations and AI-driven analysis for the entire product lifecycle.
  2. 2#2: Costimator - Delivers fast, accurate cost quotes for machined parts, assemblies, and weldments directly from shop floor data.
  3. 3#3: DFMA Software - Optimizes product designs for cost reduction through automated Design for Manufacture and Assembly analysis.
  4. 4#4: SEER for Manufacturing - Provides parametric estimating models for manufacturing costs, schedules, and risks across complex projects.
  5. 5#5: PRICE TruePlanning - Offers parametric cost modeling software for detailed manufacturing and development expense predictions.
  6. 6#6: QuoteIt - Streamlines quoting and cost estimation for metal fabricators with integrated CAD import and labor/material calculations.
  7. 7#7: JobBOSS² - Cloud-based shop management software with robust estimating tools for job shops and make-to-order manufacturers.
  8. 8#8: Global Shop Solutions - ERP platform featuring advanced cost estimating integrated with scheduling and inventory for discrete manufacturers.
  9. 9#9: E2 Shop System - Comprehensive shop floor management software with precise real-time cost estimation and quoting capabilities.
  10. 10#10: MRPeasy - Cloud MRP system providing real-time manufacturing cost tracking and estimation for small to medium businesses.

Tools were ranked based on technical robustness (including AI, digital twins, and parametric modeling), usability, real-time functionality, and value, ensuring the list reflects both innovation and practical, business-critical performance.

Comparison Table

Explore the key features and capabilities of leading manufacturing cost estimation software with this comparison table, showcasing tools like aPriori, Costimator, DFMA Software, SEER for Manufacturing, and PRICE TruePlanning. Learn how each solution aligns with diverse production workflows, cost management goals, and technical requirements to empower informed software selection for efficient manufacturing processes.

1aPriori logo9.6/10

Automates precise manufacturing cost estimation using digital twin simulations and AI-driven analysis for the entire product lifecycle.

Features
9.8/10
Ease
8.5/10
Value
9.3/10
2Costimator logo9.2/10

Delivers fast, accurate cost quotes for machined parts, assemblies, and weldments directly from shop floor data.

Features
9.5/10
Ease
8.7/10
Value
9.0/10

Optimizes product designs for cost reduction through automated Design for Manufacture and Assembly analysis.

Features
9.2/10
Ease
7.8/10
Value
8.0/10

Provides parametric estimating models for manufacturing costs, schedules, and risks across complex projects.

Features
9.0/10
Ease
7.0/10
Value
7.5/10

Offers parametric cost modeling software for detailed manufacturing and development expense predictions.

Features
9.3/10
Ease
7.8/10
Value
8.2/10
6QuoteIt logo8.2/10

Streamlines quoting and cost estimation for metal fabricators with integrated CAD import and labor/material calculations.

Features
8.7/10
Ease
7.5/10
Value
7.9/10
7JobBOSS² logo7.4/10

Cloud-based shop management software with robust estimating tools for job shops and make-to-order manufacturers.

Features
8.2/10
Ease
6.8/10
Value
7.0/10

ERP platform featuring advanced cost estimating integrated with scheduling and inventory for discrete manufacturers.

Features
8.4/10
Ease
6.8/10
Value
7.3/10

Comprehensive shop floor management software with precise real-time cost estimation and quoting capabilities.

Features
8.8/10
Ease
7.5/10
Value
8.0/10
10MRPeasy logo7.8/10

Cloud MRP system providing real-time manufacturing cost tracking and estimation for small to medium businesses.

Features
7.5/10
Ease
8.5/10
Value
8.0/10
1
aPriori logo

aPriori

enterprise

Automates precise manufacturing cost estimation using digital twin simulations and AI-driven analysis for the entire product lifecycle.

Overall Rating9.6/10
Features
9.8/10
Ease of Use
8.5/10
Value
9.3/10
Standout Feature

Its proprietary Digital Factory knowledge base with millions of validated process variations for hyper-accurate, real-world manufacturing simulations.

aPriori is a premier manufacturing cost estimation software that empowers engineers to perform accurate should-cost analysis on parts and assemblies early in the design phase using digital twin technology and physics-based simulations. It automates the identification of optimal manufacturing processes, materials, and suppliers from its vast knowledge base covering over 400,000 process variations. The platform integrates with CAD, PLM, and ERP systems to deliver actionable insights on cost, quality, and sustainability, significantly reducing quoting time and design iterations for complex products.

Pros

  • Exceptional accuracy in cost estimation (±2-3% variance validated by users)
  • Comprehensive coverage of manufacturing processes across industries like automotive and aerospace
  • Seamless CAD integration and automated DfM analysis for faster decision-making

Cons

  • Steep learning curve for non-expert users
  • High enterprise-level pricing not suitable for small businesses
  • Requires initial data integration and setup effort

Best For

Large OEMs and Tier 1 suppliers in high-precision industries like automotive, aerospace, and electronics needing reliable early-stage cost optimization.

Pricing

Custom enterprise subscription pricing, typically starting at $100,000+ annually based on users, modules, and deployment (cloud or on-premise); quotes required.

Visit aPrioriapriori.com
2
Costimator logo

Costimator

specialized

Delivers fast, accurate cost quotes for machined parts, assemblies, and weldments directly from shop floor data.

Overall Rating9.2/10
Features
9.5/10
Ease of Use
8.7/10
Value
9.0/10
Standout Feature

Patented Knowledge Base with thousands of validated process cycles for instant, geometry-driven cost accuracy without manual data entry

Costimator by MTI Systems is a specialized manufacturing cost estimation software that enables users to generate accurate, detailed cost quotes for machined parts, assemblies, and fabrications in minutes rather than days. It leverages a comprehensive, patented Knowledge Base containing real-world data on thousands of machining and fabrication processes, including CNC milling, turning, welding, and sheet metal work. The software supports CAD import for geometry-based estimating and integrates with ERP systems for seamless data flow, making it ideal for job shops and contract manufacturers.

Pros

  • Lightning-fast estimation times reducing quotes from days to minutes
  • High accuracy backed by extensive real-world Knowledge Base
  • Broad support for machining, fabrication, and assembly processes with CAD integration

Cons

  • Steep initial learning curve requiring training
  • Primarily Windows-based on-premise deployment with limited cloud options
  • Custom quote-based pricing lacks transparency

Best For

Mid-to-large job shops and contract manufacturers handling complex CNC machined parts who need rapid, precise quoting to win bids.

Pricing

Custom quote-based pricing, typically starting at $10,000+ annually depending on modules, users, and deployment.

Visit Costimatormti-systems.com
3
DFMA Software logo

DFMA Software

specialized

Optimizes product designs for cost reduction through automated Design for Manufacture and Assembly analysis.

Overall Rating8.5/10
Features
9.2/10
Ease of Use
7.8/10
Value
8.0/10
Standout Feature

Proprietary systematic DFA algorithms that precisely predict assembly times and identify cost-saving design simplifications

DFMA Software from Boothroyd Dewhurst (dfma.com) is a specialized Design for Manufacturing and Assembly (DFMA) tool that analyzes product designs to optimize manufacturability and reduce costs. It evaluates assembly operations, predicts manufacturing times and costs, and suggests design improvements to minimize part count and complexity. Primarily used in early product development, it integrates with CAD systems to provide actionable insights for cost estimation and efficiency gains.

Pros

  • Proven DFMA methodology for accurate assembly cost estimation
  • CAD integration for seamless design analysis
  • Significant potential for cost savings through design optimization

Cons

  • Steep learning curve requiring training
  • High enterprise pricing
  • Primarily focused on assembly rather than full manufacturing processes

Best For

Product design engineers and manufacturing teams optimizing early-stage designs for cost-effective production.

Pricing

Enterprise licensing with perpetual options and annual maintenance; custom quotes typically starting at $15,000+ per seat.

4
SEER for Manufacturing logo

SEER for Manufacturing

specialized

Provides parametric estimating models for manufacturing costs, schedules, and risks across complex projects.

Overall Rating8.2/10
Features
9.0/10
Ease of Use
7.0/10
Value
7.5/10
Standout Feature

Proprietary parametric database with millions of calibrated data points from real-world projects for unmatched prediction accuracy

SEER for Manufacturing (SfM) from Galorath is a parametric cost estimation software tailored for complex manufacturing environments, particularly in aerospace, defense, and electronics. It uses over 30 years of calibrated historical data to predict costs for labor, materials, tooling, testing, and overhead across hundreds of processes like machining, assembly, and composites. The tool enables rapid 'what-if' scenario analysis, risk assessment, and integration with CAD, PLM, and ERP systems for seamless engineering workflows.

Pros

  • Highly accurate parametric models calibrated on vast historical datasets
  • Comprehensive library covering 500+ manufacturing processes
  • Robust integrations with CAD/PLM/ERP for enterprise use

Cons

  • Steep learning curve requiring trained experts
  • Expensive enterprise licensing model
  • Less intuitive for small-scale or simple projects

Best For

Large-scale manufacturers in aerospace, defense, and high-tech sectors needing precise, defensible cost estimates for bids and proposals.

Pricing

Enterprise licensing model; annual subscriptions typically $20,000+ per user, with custom quotes based on modules and scale.

5
PRICE TruePlanning logo

PRICE TruePlanning

specialized

Offers parametric cost modeling software for detailed manufacturing and development expense predictions.

Overall Rating8.5/10
Features
9.3/10
Ease of Use
7.8/10
Value
8.2/10
Standout Feature

Parametric estimating engine calibrated with over 50 years of real-world project data for unmatched manufacturing cost predictability

PRICE TruePlanning, from Cubik, is a parametric cost estimation software specializing in manufacturing, hardware, and systems development costs. It leverages data-driven models calibrated over decades to provide detailed estimates for labor, materials, processes like machining and assembly, and overheads. Ideal for complex projects, it supports should-cost analysis, risk assessment, and integration with CAD/PLM tools, making it a staple in aerospace, defense, and heavy manufacturing.

Pros

  • Extensive parametric libraries for manufacturing processes with high accuracy from historical data
  • Robust integration with ERP, PLM, and CAD systems
  • Government-compliant reporting for defense and regulated industries

Cons

  • Steep learning curve due to complex interface and modeling depth
  • High enterprise pricing limits accessibility for small manufacturers
  • Primarily desktop-based with limited modern cloud collaboration features

Best For

Large-scale manufacturers and defense contractors needing precise, parametric cost estimates for complex assemblies and compliant bidding.

Pricing

Custom enterprise licensing with annual maintenance; quotes typically start at $20,000+ per user or site, often perpetual with support.

6
QuoteIt logo

QuoteIt

specialized

Streamlines quoting and cost estimation for metal fabricators with integrated CAD import and labor/material calculations.

Overall Rating8.2/10
Features
8.7/10
Ease of Use
7.5/10
Value
7.9/10
Standout Feature

Parametric assembly builder that dynamically calculates costs, cutlists, and nesting in real-time as designs change

QuoteIt is a specialized quoting and estimating software tailored for the woodworking, cabinetry, and millwork industries within manufacturing. It enables users to generate precise cost estimates, cutlists, and proposals using parametric modeling for custom assemblies. The tool automates calculations for materials, labor, machine time, and overheads, streamlining the quoting process from design to production.

Pros

  • Parametric estimating for fast, accurate custom wood product quotes
  • Seamless integration with QuickBooks, CAD tools, and CNC machines
  • Comprehensive reporting including cutlists and material optimization

Cons

  • Limited applicability outside woodworking and cabinetry niches
  • Steep learning curve for non-expert users
  • Subscription pricing can be costly for very small operations

Best For

Cabinet makers, custom furniture manufacturers, and woodworking shops needing industry-specific cost estimation precision.

Pricing

Subscription tiers starting at $99/month for basic plans, up to $299/month for Pro/Enterprise with advanced features and support.

Visit QuoteItquoteit.com
7
JobBOSS² logo

JobBOSS²

enterprise

Cloud-based shop management software with robust estimating tools for job shops and make-to-order manufacturers.

Overall Rating7.4/10
Features
8.2/10
Ease of Use
6.8/10
Value
7.0/10
Standout Feature

Dynamic quoting engine that links real-time inventory, scheduling, and routings for accurate, updatable cost estimates

JobBOSS² is a robust ERP solution tailored for job shops and make-to-order manufacturers, featuring a dedicated quoting module for precise manufacturing cost estimation. It enables users to build quotes by calculating materials, labor rates, machine times, and overheads, with support for routings and nesting. The software stands out by integrating estimation directly into production scheduling, inventory management, and accounting for end-to-end workflow efficiency.

Pros

  • Detailed cost breakdowns including materials, labor, and overheads with customizable routings
  • Seamless integration from quote to production and invoicing
  • Supports complex job shop processes like nesting and multi-level assemblies

Cons

  • Steep learning curve due to comprehensive ERP interface
  • Pricing can be high with significant implementation costs
  • Less specialized analytics than pure estimation tools

Best For

Small to mid-sized job shops and custom manufacturers needing integrated estimation within full shop management.

Pricing

Quote-based pricing, typically $200+ per user/month plus one-time implementation fees starting at $10,000.

Visit JobBOSS²jobboss.com
8
Global Shop Solutions logo

Global Shop Solutions

enterprise

ERP platform featuring advanced cost estimating integrated with scheduling and inventory for discrete manufacturers.

Overall Rating7.9/10
Features
8.4/10
Ease of Use
6.8/10
Value
7.3/10
Standout Feature

TrueView Quoting Engine that dynamically factors live shop data like machine availability and material costs for precise estimates

Global Shop Solutions is a comprehensive ERP platform tailored for make-to-order manufacturers, with robust cost estimation capabilities integrated into its quoting and job management modules. It enables precise cost calculations by pulling real-time data from inventory, labor rates, machine capacities, and overheads, supporting complex assemblies and routings. The software streamlines the transition from quote to production order, reducing errors in manufacturing cost projections.

Pros

  • Deep integration with shop floor data for accurate, real-time cost estimates
  • Handles complex quoting with unlimited assemblies, operations, and custom fields
  • Seamless workflow from estimation to scheduling and production

Cons

  • Steep learning curve due to full ERP complexity
  • High implementation costs and time requirements
  • Not ideal as a standalone estimation tool; best with full suite

Best For

Mid-sized job shops and contract manufacturers needing integrated ERP with advanced cost estimation tied to operations.

Pricing

Custom quote-based pricing; typically starts at $40,000+ annually for mid-tier deployments, including implementation fees.

Visit Global Shop Solutionsglobalshopsolutions.com
9
E2 Shop System logo

E2 Shop System

enterprise

Comprehensive shop floor management software with precise real-time cost estimation and quoting capabilities.

Overall Rating8.2/10
Features
8.8/10
Ease of Use
7.5/10
Value
8.0/10
Standout Feature

Routing Wizard for instant, parametric cost quotes from historical job data

E2 Shop System is an ERP software suite designed specifically for job shops and make-to-order manufacturers, featuring advanced cost estimation and quoting tools. It enables precise manufacturing cost calculations by leveraging predefined routings, material databases, labor rates, and overhead allocations for rapid quote generation. The system integrates estimation with shop floor control, inventory, and scheduling to streamline operations from quote to cash.

Pros

  • Highly accurate cost estimation with routing-based quoting
  • Seamless integration of estimating with ERP functions like scheduling and inventory
  • Customizable databases for materials, tools, and operations

Cons

  • Windows-only interface feels dated compared to modern cloud solutions
  • Steep learning curve for full utilization
  • Pricing requires custom quotes and can be opaque

Best For

Small to mid-sized job shops and contract manufacturers seeking integrated quoting and shop management.

Pricing

Perpetual licensing with annual maintenance; custom quotes typically start at $10,000+ based on modules and users.

10
MRPeasy logo

MRPeasy

other

Cloud MRP system providing real-time manufacturing cost tracking and estimation for small to medium businesses.

Overall Rating7.8/10
Features
7.5/10
Ease of Use
8.5/10
Value
8.0/10
Standout Feature

Dynamic cost tracking that updates estimates in real-time as production and inventory data changes

MRPeasy is a cloud-based MRP/ERP software designed for small to medium-sized manufacturers, offering integrated manufacturing cost estimation through its Bill of Materials (BOM), quoting, and production modules. It calculates costs accurately using real-time data on materials, labor, overheads, and machine times, while linking estimates directly to inventory, scheduling, and procurement. This makes it a solid all-in-one solution for operational cost tracking rather than a standalone estimation specialist.

Pros

  • Seamless integration of cost estimation with full MRP workflow
  • Real-time cost updates based on actual production data
  • User-friendly interface suitable for non-experts

Cons

  • Lacks advanced simulation or parametric estimation for complex parts
  • Costing features are basic compared to dedicated tools
  • Scalability pricing can add up for larger teams

Best For

Small to medium manufacturers seeking an affordable, integrated MRP system with reliable basic cost estimation capabilities.

Pricing

Starts at $49/user/month (Basic plan, min. 10 users), $99/user/month (Standard), custom Professional plans; billed annually with free trial.

Visit MRPeasymrpeasy.com

Conclusion

The top tools in manufacturing cost estimation offer tailored strengths, with aPriori leading as the most versatile choice, leveraging digital twin simulations and AI throughout the product lifecycle for precise estimates. Costimator excels in delivering fast, shop-floor-aligned quotes for parts and assemblies, while DFMA Software stands out for optimizing designs to reduce costs upfront—each a strong pick for different operational needs.

aPriori logo
Our Top Pick
aPriori

Don’t miss out on streamlining your cost estimation process; try aPriori today to experience its end-to-end lifecycle insights, or explore the alternatives to find the tool that perfectly matches your workflow.