College Costs in Peabody, MA 2026
Compare tuition, housing, and financial aid across 3 colleges in Peabody, Massachusetts. Use our free calculator to estimate your total cost.
Avg Public Tuition
$16,100
per year
Avg Private Tuition
$48,000
per year
Avg Rent Near Campus
$1,890
per month
Colleges & Universities
3
institutions
Peabody Overview
Population
54,251
Student Population
3,081 (5.7%)
Cost of Living Index
140.5 (avg: 100)
Walk Score
55/100
Transit Score
28/100
Unemployment Rate
3%
College Cost Calculator for Peabody
Cost Inputs
Total Cost (4 Years, Public In-State)
$125,076
Total After Financial Aid
$125,076
Annual Cost
$31,269
Annual After Aid
$31,269
Cost Breakdown (4 Years)
If Financed (10-Year Loan at 6.5%)
| Loan Amount | $125,076 |
| Monthly Payment | $1,420 |
| Total Interest | $45,350 |
| Total Loan Cost | $170,426 |
Universities in Peabody
| University | Type | Annual Tuition |
|---|---|---|
| Peabody State University | Public | $16,170 |
| Peabody Community College | Community | $5,988 |
Peabody has 3 total colleges and universities. Tuition figures are approximate annual in-state rates for the 2025-2026 academic year.
Cost of Living in Peabody vs. National Average
| Category | Peabody | National Avg | Difference |
|---|---|---|---|
| Public Tuition (In-State) | $16,100 | $10,940 | +$5,160 |
| Monthly Rent Near Campus | $1,890 | $1,050 | +$840 |
| Cost of Living Index | 140.5 | 100 | +40.5 |
Peabody's cost of living is above the national average. Students should budget accordingly and consider off-campus housing options to reduce expenses.
Student Life in Peabody
Walk Score
Somewhat Walkable
Transit Score
Minimal Transit
Student Population
3,081 students
Peabody has a total population of 54,251, with approximately 3,081 college students (5.7% of the population). While not primarily a college town, Peabody offers students access to urban amenities, diverse employment opportunities, and a wide range of cultural experiences.
Post-Graduation Outlook in Peabody
$58,324
Starting Salary
3%
Unemployment Rate
55%
Graduation Rate
~5 yrs
ROI Payback Period
Return on Investment Analysis
Graduates from colleges in Peabody earn a median starting salary of $58,324, which is $23,324 more per year than the average high school graduate salary of $35,000. At a 4-year public university cost of $125,076 (including room and board), it would take approximately 5 years of the salary premium to recoup the investment. With average financial aid of $12,838 per student per year, the net cost and payback period can be significantly reduced.
Other Cities in Massachusetts
Boston
24 colleges · Avg tuition $14,167
Worcester
11 colleges · Avg tuition $16,670
Springfield
6 colleges · Avg tuition $11,943
Cambridge
6 colleges · Avg tuition $13,207
Amherst
3 colleges · Avg tuition $16,952
Northampton
2 colleges · Avg tuition $16,211
Williamstown
4 colleges · Avg tuition $17,065
Stockbridge
2 colleges · Avg tuition $17,108
Lowell
5 colleges · Avg tuition $16,100
Brockton
5 colleges · Avg tuition $16,100
Quincy
4 colleges · Avg tuition $16,100
New Bedford
4 colleges · Avg tuition $16,100
Frequently Asked Questions
Related Calculators
Explore 350+ Cities Across the U.S.
Compare college costs, housing, and student life in every major U.S. city.
Browse All Cities