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Aerospace Engineering Degree in Cambridge, MA — Salary & ROI 2026

Aerospace Engineering degree analysis for Cambridge, MA. COL-adjusted salary data, local tuition costs, ROI calculator, and job market outlook.

Starting Salary

$106K

COL-adjusted

Mid-Career

$153K

COL-adjusted

ROI Payback

2 yrs

in Cambridge

Cost of Living

133

index (100 = avg)

Aerospace Engineering in Cambridge, MA Overview

Cambridge, Massachusetts (pop. 118,403) has 6 colleges offering Aerospace Engineering programs. The local cost of living index of 133 is higher than average, so budget accordingly, with average rent near campus at $1,322/month. Aerospace Engineering has seen growing enrollment nationally, reflecting rising employer demand for Aerodynamics and Propulsion skills. The adjusted starting salary in Cambridge is approximately $106,400.

Category

Engineering

Local Colleges

6

Public Tuition

$13,207/yr

Private Tuition

$57,624/yr

Room & Board

$17,447/yr

Avg Fin. Aid

$14,677/yr

Unemployment

3.7%

Graduation Rate

75%

Aerospace Engineering Salary in Cambridge (COL-Adjusted)

Salaries adjusted for Cambridge's cost of living index of 133 (national average = 100).

Entry Level (0-2 yrs)
$106,400(+$26,400 vs national)
Mid Career (5-9 yrs)
$152,950(+$37,950 vs national)
Senior Level (15+ yrs)
$192,850(+$47,850 vs national)

Note: National average Aerospace Engineering salary: $80,000 starting, $115,000 mid-career, $145,000 senior level.Cambridge adjustment factor: 1.33x based on the local cost of living index.

Aerospace Engineering ROI Calculator for Cambridge

Estimate your return on investment for a Aerospace Engineering degree using local Cambridge tuition and cost of living data.

Public avg: $13,207 | Private avg: $57,624

Cambridge avg aid: $14,677/yr

Federal avg: 6.5% | Private: 4-14%

Total Education Cost

$122,616

tuition + room & board - aid

Annual Earnings Premium

$59,850

vs HS diploma in Cambridge

ROI Payback Period

2 years

to break even

Lifetime Return in Cambridge

$1,180,784

Lifetime earnings premium ($1,303,400) minus total education cost ($122,616)

Student Loan Payoff for Aerospace Engineering in Cambridge

Standard Plan (10 years)

Loan Amount$122,616
Monthly Payment$1,392
Total Interest$44,458
% of Monthly Income16%

Aggressive Plan (5 years)

Loan Amount$122,616
Monthly Payment$2,399
Total Interest$21,331
Interest Savings$23,126

Colleges in Cambridge for Aerospace Engineering

Harvard University

private

$57,261/yr

$229,044 total

MIT

private

$57,986/yr

$231,944 total

Community Colleges (2-Year Transfer)

Bunker Hill Community College

$5,760/yr

Top Employers for Aerospace Engineering in Cambridge

Cambridge offers opportunities in Engineering firms, Manufacturing, Defense contractors for Aerospace Engineering graduates. National top employers in this field include:

BoeingLockheed MartinSpaceXNorthrop GrummanNASA

Key Cambridge Hiring Sectors for Engineering

Engineering firms

Manufacturing

Defense contractors

Energy companies

Construction firms

Common Aerospace Engineering Job Titles

Aerospace EngineerFlight Test EngineerSystems Engineer

Aerospace Engineering Degree in Cambridge — FAQ

Data Sources: Salary data from BLS Occupational Outlook Handbook. Cost of living from BLS Regional Data. College data from NCES/IPEDS. Updated March 2026.

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Compare Aerospace Engineering ROI in other cities, or explore other majors in Cambridge.

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