diff --git a/qiskit_ibm_provider/job/ibm_circuit_job.py b/qiskit_ibm_provider/job/ibm_circuit_job.py
index 6c445e630..225516199 100644
--- a/qiskit_ibm_provider/job/ibm_circuit_job.py
+++ b/qiskit_ibm_provider/job/ibm_circuit_job.py
@@ -168,6 +168,7 @@ def __init__(
             self._status = api_status_to_job_status(status)
         self._client_version = self._extract_client_version(client_info)
         self._set_result(result)
+        self._usage_estimation: Dict[str, Any] = {}
 
         # Properties used for caching.
         self._cancelled = False
@@ -513,6 +514,20 @@ def client_version(self) -> Dict[str, str]:
             self.refresh()
         return self._client_version
 
+    @property
+    def usage_estimation(self) -> Dict[str, Any]:
+        """Return usage estimation information for this job.
+
+        Returns:
+            ``quantum_seconds`` which is the estimated quantum time
+            of the job in seconds. Quantum time represents the time that
+            the QPU complex is occupied exclusively by the job.
+        """
+        if not self._usage_estimation:
+            self.refresh()
+
+        return self._usage_estimation
+
     def refresh(self) -> None:
         """Obtain the latest job information from the server.
 
@@ -536,6 +551,9 @@ def refresh(self) -> None:
             raise IBMJobApiError(
                 "Unexpected return value received " "from the server: {}".format(err)
             ) from err
+        self._usage_estimation = {
+            "quantum_seconds": api_response.pop("estimated_running_time_seconds", None),
+        }
         self._time_per_step = api_metadata.get("timestamps", None)
         self._tags = api_response.pop("tags", [])
         self._status = api_status_to_job_status(self._api_status)
diff --git a/releasenotes/notes/job-cost-estimation-9d1b7bd37dd102c7.yaml b/releasenotes/notes/job-cost-estimation-9d1b7bd37dd102c7.yaml
new file mode 100644
index 000000000..b4551ee5f
--- /dev/null
+++ b/releasenotes/notes/job-cost-estimation-9d1b7bd37dd102c7.yaml
@@ -0,0 +1,6 @@
+---
+features:
+  - |
+    Added a new property, :meth:`~qiskit_ibm_provider.job.IBMCircuitJob.usage_estimation` 
+    that returns the estimated running time, ``quantum_seconds``. Quantum time 
+    represents the time that the QPU complex is occupied exclusively by the job.
diff --git a/test/integration/test_ibm_job_attributes.py b/test/integration/test_ibm_job_attributes.py
index f333471db..402524115 100644
--- a/test/integration/test_ibm_job_attributes.py
+++ b/test/integration/test_ibm_job_attributes.py
@@ -355,6 +355,11 @@ def test_invalid_job_tags(self):
             job_tags=[1, 2, 3],
         )
 
+    def test_cost_estimation(self):
+        """Test cost estimation is returned correctly."""
+        self.assertTrue(self.sim_job.usage_estimation)
+        self.assertIn("quantum_seconds", self.sim_job.usage_estimation)
+
     @skip("TODO refactor fake client")
     def test_missing_required_fields(self):
         """Test response data is missing required fields."""