Aerospace Engineering Degree in Providence, RI — Salary & ROI 2026
Aerospace Engineering degree analysis for Providence, RI. COL-adjusted salary data, local tuition costs, ROI calculator, and job market outlook.
Starting Salary
$113K
COL-adjusted
Mid-Career
$162K
COL-adjusted
ROI Payback
2.1 yrs
in Providence
Cost of Living
141
index (100 = avg)
Aerospace Engineering in Providence, RI Overview
Providence, Rhode Island (pop. 190,934) has 7 colleges offering Aerospace Engineering programs. The local cost of living index of 141 is higher than average, so budget accordingly, with average rent near campus at $1,476/month. Aerospace Engineering has seen growing enrollment nationally, reflecting rising employer demand for Aerodynamics and Propulsion skills. The adjusted starting salary in Providence is approximately $112,800.
Category
Engineering
Local Colleges
7
Public Tuition
$15,259/yr
Private Tuition
$59,540/yr
Room & Board
$17,733/yr
Avg Fin. Aid
$15,708/yr
Unemployment
4.3%
Graduation Rate
54%
Aerospace Engineering Salary in Providence (COL-Adjusted)
Salaries adjusted for Providence's cost of living index of 141 (national average = 100).
Note: National average Aerospace Engineering salary: $80,000 starting, $115,000 mid-career, $145,000 senior level.Providence adjustment factor: 1.41x based on the local cost of living index.
Aerospace Engineering ROI Calculator for Providence
Estimate your return on investment for a Aerospace Engineering degree using local Providence tuition and cost of living data.
Public avg: $15,259 | Private avg: $59,540
Providence avg aid: $15,708/yr
Federal avg: 6.5% | Private: 4-14%
Total Education Cost
$131,968
tuition + room & board - aid
Annual Earnings Premium
$63,450
vs HS diploma in Providence
ROI Payback Period
2.1 years
to break even
Lifetime Return in Providence
$1,249,832
Lifetime earnings premium ($1,381,800) minus total education cost ($131,968)
Student Loan Payoff for Aerospace Engineering in Providence
Standard Plan (10 years)
Aggressive Plan (5 years)
Colleges in Providence for Aerospace Engineering
Brown University
private
$62,680/yr
$250,720 total
Providence College
private
$56,400/yr
$225,600 total
Community Colleges (2-Year Transfer)
Community College of Rhode Island
$4,994/yr
Top Employers for Aerospace Engineering in Providence
Providence offers opportunities in Engineering firms, Manufacturing, Defense contractors for Aerospace Engineering graduates. National top employers in this field include:
Key Providence Hiring Sectors for Engineering
Engineering firms
Manufacturing
Defense contractors
Energy companies
Construction firms
Common Aerospace Engineering Job Titles
Aerospace Engineering in Nearby Rhode Island Cities
Other Engineering Majors in Providence
Petroleum Engineering
$71K starting · 2.5 yr ROI
Computer Engineering
$71K starting · 3 yr ROI
Chemical Engineering
$116K starting · 3.2 yr ROI
Nuclear Engineering
$71K starting · 3.3 yr ROI
Electrical Engineering
$113K starting · 3.3 yr ROI
Mechanical Engineering
$110K starting · 3.5 yr ROI
Mining Engineering
$71K starting · 3 yr ROI
Architectural Engineering
$110K starting · 2.5 yr ROI
Aerospace Engineering Degree in Providence — 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.
Explore More
Compare Aerospace Engineering ROI in other cities, or explore other majors in Providence.