It is vital, in this competitive global market, that a product be well designed with ease of assembly as well as low product cost and yet meet its functionality objectives. It is therefore essential that a tool be developed to estimate the manufacturing cost of the product during its conceptual design phase. In this paper, the development of cost models for electrical interconnect design is discussed. The cost models can be used by designers in estimating the manufacturing cost of their designs and selecting the design that is economical to produce and functionally, meets the required specifications.