College Costs in Mineral Wells, TX 2026
Compare tuition, housing, and financial aid across 2 colleges in Mineral Wells, Texas. Use our free calculator to estimate your total cost.
Avg Public Tuition
$10,900
per year
Avg Private Tuition
$36,000
per year
Avg Rent Near Campus
$714
per month
Colleges & Universities
2
institutions
Mineral Wells Overview
Population
15,596
Student Population
2,223 (14.3%)
Cost of Living Index
87.3 (avg: 100)
Walk Score
44/100
Transit Score
19/100
Unemployment Rate
3.5%
College Cost Calculator for Mineral Wells
Cost Inputs
Total Cost (4 Years, Public In-State)
$97,016
Total After Financial Aid
$97,016
Annual Cost
$24,254
Annual After Aid
$24,254
Cost Breakdown (4 Years)
If Financed (10-Year Loan at 6.5%)
| Loan Amount | $97,016 |
| Monthly Payment | $1,102 |
| Total Interest | $35,176 |
| Total Loan Cost | $132,192 |
Universities in Mineral Wells
| University | Type | Annual Tuition |
|---|---|---|
| Mineral Wells State University | Public | $11,247 |
| Mineral Wells Community College | Community | $5,305 |
Mineral Wells has 2 total colleges and universities. Tuition figures are approximate annual in-state rates for the 2025-2026 academic year.
Cost of Living in Mineral Wells vs. National Average
| Category | Mineral Wells | National Avg | Difference |
|---|---|---|---|
| Public Tuition (In-State) | $10,900 | $10,940 | -$40 |
| Monthly Rent Near Campus | $714 | $1,050 | -$336 |
| Cost of Living Index | 87.3 | 100 | -12.700000000000003 |
Mineral Wells's cost of living is below the national average. This makes it a more affordable city for students compared to many other college towns.
Student Life in Mineral Wells
Walk Score
Car-Dependent
Transit Score
Minimal Transit
Student Population
2,223 students
Mineral Wells has a total population of 15,596, with approximately 2,223 college students (14.3% of the population). Mineral Wells has a significant student presence that contributes to a diverse cultural scene with restaurants, entertainment, and networking opportunities.
Post-Graduation Outlook in Mineral Wells
$38,701
Starting Salary
3.5%
Unemployment Rate
55%
Graduation Rate
~26 yrs
ROI Payback Period
Return on Investment Analysis
Graduates from colleges in Mineral Wells earn a median starting salary of $38,701, which is $3,701 more per year than the average high school graduate salary of $35,000. At a 4-year public university cost of $97,016 (including room and board), it would take approximately 26 years of the salary premium to recoup the investment. With average financial aid of $13,606 per student per year, the net cost and payback period can be significantly reduced.
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