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College Cost Planning in Mineral Wells, TX 2026

Estimate tuition, housing, financial aid, and payback using local planning benchmarks for Mineral Wells, Texas. Use the calculator to stress-test your net cost before borrowing.

Local Planning Model, Not a School Directory

DegreeCalc treats Mineral Wells as an education-cost market for tuition, rent, aid, and payback planning. We do not publish synthetic or unverified institution names on this page. Before applying, verify specific schools with NCES College Navigator, College Scorecard, official catalogs, and each school's net price calculator.

Avg Public Tuition

$10,900

per year

Avg Private Tuition

$36,000

per year

Avg Rent Near Campus

$714

per month

Local Cost Market

2

benchmark points

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)

Tuition$43,600
Room & Board$53,416

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

Education Cost Benchmarks in Mineral Wells

These are city-level planning estimates for tuition, housing, aid, and student costs. Use them for budgeting, then verify specific schools with NCES College Navigator, College Scorecard, and the institution's own net price calculator.

Institution count

2

Public tuition

$10,900

Private tuition

$36,000

Community college

$5,305

Cost of Living in Mineral Wells vs. National Average

CategoryMineral WellsNational AvgDifference
Public Tuition (In-State)$10,900$10,940-$40
Monthly Rent Near Campus$714$1,050-$336
Cost of Living Index87.3100-12.700000000000003

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

44

Walk Score

Car-Dependent

19

Transit Score

Minimal Transit

14.3%

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

~26.2 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 the average high school graduate salary of $35,000. At the modeled net cost, the salary premium would take about 26.2 years to cover the investment. With average financial aid of $13,606 per student per year, the net cost can change materially by school and program.

Other Cities in Texas

Methodology & Education Data Sources for Mineral Wells

How we compile Mineral Wells college data: Our institution profiles, tuition figures, and outcome data combine multiple federal datasets — primarily IPEDS (Integrated Postsecondary Education Data System), which all Title IV-eligible US colleges report to annually, and College Scorecard from the US Department of Education. Cost-of-attendance figures include published tuition, fees, room/board, books, and transportation per institutional reporting.

  1. Tuition data reflects published in-state and out-of-state rates per IPEDS for Mineral Wells institutions, updated annually.
  2. Acceptance rates sourced from College Scorecard (most recent reporting cycle), reflecting first-year first-time freshman admissions.
  3. Earnings outcomes tracked 6-10 years post-enrollment per College Scorecard, comparing earnings to high school graduates ($30,200 baseline).
  4. Default rates: Cohort Default Rate (CDR) from US Dept of Education tracks 3-year repayment outcomes after entering repayment.
  5. Local context: Mineral Wells's walk score, transit options, and cost of living affect total college expenses beyond tuition.

Authoritative US education data sources:

Education Disclaimer: College data reflects most recent IPEDS/Scorecard reporting (typically 1-2 year lag). Tuition can change annually. Always verify current figures with the institution's financial aid office. Use the FAFSA Estimator for personalized aid eligibility.

Reviewed by Brazora Monk · Last updated 2026 · IPEDS data current as of latest annual release

Frequently Asked Questions

How much does college cost in Mineral Wells, TX?

Average annual in-state public university tuition in Mineral Wells is $10,900. Private university tuition averages $36,000, and community college tuition averages $5,305. When room and board ($13,354/year) is included, the total annual cost at a public university is approximately $24,254.

How many local cost benchmarks are used for Mineral Wells, TX?

Mineral Wells uses approximately 2 local education-market benchmark points for tuition, housing, and student-cost planning. The city has an estimated student population of approximately 2,223, which represents 14.3% of the total population.

What is the average rent near campus in Mineral Wells?

The average rent near college campuses in Mineral Wells is approximately $714 per month. The city has a cost of living index of 87.3 (national average is 100), a walk score of 44, and a public transit score of 19. Students can save on housing by sharing apartments or living further from campus.

What is the average starting salary after college in Mineral Wells?

College graduates in Mineral Wells earn a median starting salary of $38,701. The local unemployment rate is 3.5%. With an average financial aid package of $13,606 per student and a 55% graduation rate, students should carefully plan their college journey to maximize their return on investment.

Is it worth going to college in Mineral Wells, TX?

With a median starting salary of $38,701 and an average 4-year public university cost of $97,016 (including room and board), the modeled salary premium can recoup the net investment in about 26.2 years. The 55% graduation rate underscores the importance of choosing the right program and staying on track academically.

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