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Biomedical Engineering Degree in Bloomington, IN — Salary & ROI 2026

Biomedical Engineering degree analysis for Bloomington, IN. COL-adjusted salary data, local tuition costs, ROI calculator, and job market outlook.

Starting Salary

$60K

COL-adjusted

Mid-Career

$87K

COL-adjusted

ROI Payback

3.1 yrs

in Bloomington

Cost of Living

83

index (100 = avg)

Biomedical Engineering in Bloomington, IN Overview

While Bloomington has a smaller college scene with 5 institutions, Biomedical Engineering students benefit from lower tuition costs. Room and board averages $12,831/year, and the car-friendly layout shapes the student experience. Biomedical Engineering has seen growing enrollment nationally, reflecting rising employer demand for Medical Device Design and Biomechanics skills. The adjusted starting salary in Bloomington is approximately $59,760.

Category

Engineering

Local Colleges

5

Public Tuition

$10,948/yr

Private Tuition

$35,439/yr

Room & Board

$12,831/yr

Avg Fin. Aid

$13,996/yr

Unemployment

5.2%

Graduation Rate

64%

Biomedical Engineering Salary in Bloomington (COL-Adjusted)

Salaries adjusted for Bloomington's cost of living index of 83 (national average = 100).

Entry Level (0-2 yrs)
$59,760($-12,240 vs national)
Mid Career (5-9 yrs)
$87,150($-17,850 vs national)
Senior Level (15+ yrs)
$112,050($-22,950 vs national)

Note: National average Biomedical Engineering salary: $72,000 starting, $105,000 mid-career, $135,000 senior level.Bloomington adjustment factor: 0.83x based on the local cost of living index.

Biomedical Engineering ROI Calculator for Bloomington

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

Public avg: $10,948 | Private avg: $35,439

Bloomington avg aid: $13,996/yr

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

Total Education Cost

$95,116

tuition + room & board - aid

Annual Earnings Premium

$30,710

vs HS diploma in Bloomington

ROI Payback Period

3.1 years

to break even

Lifetime Return in Bloomington

$610,384

Lifetime earnings premium ($705,500) minus total education cost ($95,116)

Student Loan Payoff for Biomedical Engineering in Bloomington

Standard Plan (10 years)

Loan Amount$95,116
Monthly Payment$1,080
Total Interest$34,487
% of Monthly Income22%

Aggressive Plan (5 years)

Loan Amount$95,116
Monthly Payment$1,861
Total Interest$16,547
Interest Savings$17,940

Colleges in Bloomington for Biomedical Engineering

Indiana University Bloomington

public

$10,948/yr

$43,792 total

Community Colleges (2-Year Transfer)

Ivy Tech Community College Bloomington

$4,540/yr

Top Employers for Biomedical Engineering in Bloomington

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

MedtronicBoston ScientificStrykerAbbottJohnson & Johnson

Key Bloomington Hiring Sectors for Engineering

Engineering firms

Manufacturing

Defense contractors

Energy companies

Construction firms

Common Biomedical Engineering Job Titles

Biomedical EngineerClinical EngineerR&D Engineer

Biomedical Engineering Degree in Bloomington — 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 Biomedical Engineering ROI in other cities, or explore other majors in Bloomington.

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