loader
Estimating Software

Manufacturing Cost Estimating
& Quoting Software

Costimator® by MTI Systems, developed for manufacturers since 1982

  • shoptech
  • IBM
  • Benchmark
  • TiMSA
2000+

Manufacturers

Estimating & Quoting - Machining of Parts - Should Cost Analysis for OEMs

Estimator Working on Computer
shape
about
part
Our Trusted Support

About Costimator® Manufacturing Cost Estimating Software

Costimator® is cost estimating and quoting software developed by MTI Systems, Inc. and purpose-built for the manufacturing industry. Since 1982, MTI Systems has helped machine shops, sheet metal fabricators, job shops, OEM manufacturers, and contract manufacturers around the world produce faster, more accurate quotes — protecting profit margins and winning more work.

  • Increase Estimating Speed
  • Improve Costing Accuracy
  • Save Time
  • Accurate Quoting

Costimator® comes pre-loaded with over 330 industry-validated cost models (cycle time calculators) covering machining, sheet metal fabrication, welding, assembly, and should cost analysis. It works with or without a 3D CAD model, integrates with leading ERP systems, and is used by nearly 2,000 manufacturing organizations worldwide — from single-location job shops to Fortune 500 OEMs.

  • Technology Consultancy
  • We Provide best services
  • Maintenance And Support
  • Requirements Gathering

Costimator® by the numbers - Results based on customer surveys. Founded 1982, West Springfield, MA.

  • 43+ Years of development and industry validation
  • 330+ Cycle time cost models included
  • 78% Average increase in estimating speed
  • 89% Average improvement in costing accuracy
  • 2,000+ Speed and feed material grades
  • 2,000+ Manufacturers Served worldwide
Costing and Quoting

Manufacturing Estimating Solutions

Job Shops Estimating

Machine shops choose Costimator® to estimate machined parts effectively and efficiently. Industry-validated cost models for milling, turning, drilling, EDM, grinding, broaching, and more — with optional 3DFX automatic feature recognition that reads 30+ CAD formats and can increase quote throughput by up to 90%.

service image
Machining Cost Estimating

Machine shops choose Costimator® to estimate machined parts effectively and efficiently. Industry-validated cost models for milling, turning, drilling, EDM, grinding, broaching, and more — with optional 3DFX automatic feature recognition that reads 30+ CAD formats and can increase quote throughput by up to 90%.

service image
Sheet Metal Fabrication

Cost estimating Sheet metal fabricators use Costimator® to quote parts quickly, accurately, and consistently. Hundreds of fabrication cost models for laser cutting, punch press, press brake bending, MIG welding, waterjet, plasma cutting, stamping, and more — with 3DFX automatic feature recognition for perimeter, cutout, and bend detection.

service image
Should Cost Analysis and Quoting

OEMs and procurement teams use Costimator® to calculate what a part should cost to manufacture — giving buyers an independent cost baseline to benchmark supplier quotes, identify overpricing, and negotiate with confidence. Costimator® has helped organizations achieve supply chain cost savings of 20–50%.

service image
Why Choose Costimator

Costimator® is advanced cost estimating and quoting software purpose-built for manufacturers. Whether you’re quoting CNC machining, sheet metal, assembly, or fabrication, Costimator delivers fast, accurate, and consistent estimates with or without a 3D CAD model.

service image

Trusted by Manufacturers Worldwide

client logo
client logo
client logo
client logo
client logo
client logo
client logo
feature based
feature based 2

40+

Year Of Experience

Estimating Features

Feature-based Machining
and Fabrication Estimating

Costimator® provides fast, consistent quote turnaround through feature-based cost estimating — breaking each part down into its individual machining or fabrication operations and calculating the cycle time for each using industry-validated formulas.

Cost models in Costimator® use real-world parameters: material speeds and feeds, machine-specific capabilities, tool change times, setup times, and overhead rates. This produces estimates that reflect how a part will actually be made on your shop floor — not generic averages or rough rules of thumb.

icon
Real-world Parameters

Material speeds and feeds, machine-specific capabilities, tool change times, setup times, and overhead rates.

icon
3D CAD files 3DFX add-on

3DFX add-on automatically reads solid models and maps their features.

For shops that receive 3D CAD files, the optional 3DFX add-on automatically reads solid models and maps their features directly to Costimator® cost models with a single click — increasing detailed estimating speed by up to 90%.

Cost Models

Sample Costimator® Cost Models

Costimator® ships pre-loaded with over 330 cost models. Here are three examples:

icon
MIG Welding Cost Model

Calculates weld time and cost based on joint type, weld length, material thickness, and wire feed rate. Used by fabricators to accurately price structural and light-gauge welded assemblies.

icon
Laser Cutting Cost Model

Calculates laser cutting cycle time based on material type, thickness, cut perimeter, and pierce count — accounting for machine-specific cutting speeds and assist gas parameters.

icon
Machined Slot Cost Model

Calculates slot milling cycle time based on slot dimensions, material machinability, cutter selection, and machine feed rate.

View all cost models

Case Studies

Costimator Case Studies

map
Free Demo & Consultation

See how Costimator® can reduce your estimating time and improve quote accuracy.

Whether you run a machine shop, a sheet metal fabrication operation, or a procurement team that needs to benchmark supplier costs — Costimator® is built for your workflow. Request a free demo to see the software in action with your own part types and processes.

Location

1111 Elm Street, Suite 6, West Springfield, MA 01089 USA

Social

Send Us message

Our client’s

Costimator Reviews

4.9

Based on 150 reviews

Success stories

Learn what manufacturers are saying about this cost estimating and quoting software.

  • avatar
  • avatar
  • avatar
  • avatar

450+ reviews

"3DFX is the most valuable feature of this software, followed by the visualization of many reports such as estimated prices, manufacturing routes and more."

Roberto Martinez
Manufacturing Manager

"Instead of taking six months to train estimators on the ins and outs of our business, all necessary tribal knowledge is built into the database and cost models."

Shane Goerzen, Sr.
Design & Tech Supervisor

3DFX is the most valuable feature of this software, followed by the visualization of many reports such as estimated prices, manufacturing routes and more.

Luis Gerardo Carmona Cruz
Central Negotiations

"We now use this should cost estimating software to estimate and quote the costs of our service parts and compare them to the quotes we get from our suppliers."

Roberto Martinez
Manager

"There are over 330 cost models that are shipped with the software system, and our estimating team can adjust them to more closely fit our needs. "

Thomas Kasyan
Estimator

Still unsure?

Contact us — we’re happy to help.

Frequently Asked Questions

Get the answers to questions of how Costimator will help your company save time, money and win new bids.

Costimator® is manufacturing cost estimating and quoting software developed by MTI Systems, Inc. It enables machine shops and sheet metal fabricators to calculate accurate labor times, cycle times, and part costs using industry-validated cost models — with or without a CAD model.

What types of manufacturers use Costimator®?

Costimator® is used by machine shops, sheet metal fabricators, job shops, contract manufacturers, and OEM suppliers that need to estimate and quote the cost of machined parts, fabricated parts, and assemblies. It is also used by procurement teams for should-cost analysis.

Costimator® can generate cost estimates with or without a 3D CAD model. This makes it suitable for early-stage quoting, design-for-cost analysis, and shops that receive 2D drawings or part descriptions rather than CAD files.

Costimator® integrates with Epicor, JobBoss, E2 Shop System, and ProfitKey via XML export, allowing manufacturers to transfer estimate data into their ERP environment without manual re-entry.

Costimator® comes pre-loaded with over 330 industry-validated cycle time cost models covering machining, sheet metal fabrication, welding, laser cutting, and more. Estimators can also customize cost models to match their specific shop's equipment, processes, and overhead rates.

Pricing is available upon request. MTI Systems offers a free demo so manufacturers can evaluate the software before committing to a purchase. Request pricing here or contact MTI Systems directly at info@mtisystems.com or 413-733-1972.

News & Insights

Read our latest blog