Biomedical Engineering Degree in Chicago, IL — Salary & ROI 2026
Biomedical Engineering degree analysis for Chicago, IL. COL-adjusted salary data, local tuition costs, ROI calculator, and job market outlook.
Starting Salary
$78K
COL-adjusted
Mid-Career
$114K
COL-adjusted
ROI Payback
2.4 yrs
in Chicago
Cost of Living
109
index (100 = avg)
Biomedical Engineering in Chicago, IL Overview
Chicago is one of Illinois's top college towns, with 98 institutions and a student population of 177,322. Public tuition averages $14,816/year here — near the national average for public universities. Biomedical Engineering has seen growing enrollment nationally, reflecting rising employer demand for Medical Device Design and Biomechanics skills. The adjusted starting salary in Chicago is approximately $78,480.
Category
Engineering
Local Colleges
98
Public Tuition
$14,816/yr
Private Tuition
$62,666/yr
Room & Board
$9,117/yr
Avg Fin. Aid
$16,009/yr
Unemployment
4%
Graduation Rate
63%
Biomedical Engineering Salary in Chicago (COL-Adjusted)
Salaries adjusted for Chicago's cost of living index of 109 (national average = 100).
Note: National average Biomedical Engineering salary: $72,000 starting, $105,000 mid-career, $135,000 senior level.Chicago adjustment factor: 1.09x based on the local cost of living index.
Biomedical Engineering ROI Calculator for Chicago
Estimate your return on investment for a Biomedical Engineering degree using local Chicago tuition and cost of living data.
Public avg: $14,816 | Private avg: $62,666
Chicago avg aid: $16,009/yr
Federal avg: 6.5% | Private: 4-14%
Total Education Cost
$95,732
tuition + room & board - aid
Annual Earnings Premium
$40,330
vs HS diploma in Chicago
ROI Payback Period
2.4 years
to break even
Lifetime Return in Chicago
$830,768
Lifetime earnings premium ($926,500) minus total education cost ($95,732)
Student Loan Payoff for Biomedical Engineering in Chicago
Standard Plan (10 years)
Aggressive Plan (5 years)
Colleges in Chicago for Biomedical Engineering
University of Chicago
private
$62,940/yr
$251,760 total
Northwestern University
private
$62,391/yr
$249,564 total
University of Illinois at Chicago
public
$14,816/yr
$59,264 total
Community Colleges (2-Year Transfer)
City Colleges of Chicago
$3,918/yr
Top Employers for Biomedical Engineering in Chicago
Chicago offers opportunities in Engineering firms, Manufacturing, Defense contractors for Biomedical Engineering graduates. National top employers in this field include:
Key Chicago Hiring Sectors for Engineering
Engineering firms
Manufacturing
Defense contractors
Energy companies
Construction firms
Common Biomedical Engineering Job Titles
Biomedical Engineering in Nearby Illinois Cities
Aurora, IL
$67K starting · COL 92.8
7 colleges
Joliet, IL
$78K starting · COL 108
12 colleges
Naperville, IL
$73K starting · COL 102
13 colleges
Rockford, IL
$65K starting · COL 90
8 colleges
Elgin, IL
$57K starting · COL 79
13 colleges
Springfield, IL
$66K starting · COL 92
9 colleges
Peoria, IL
$75K starting · COL 104
5 colleges
Waukegan, IL
$65K starting · COL 90.3
4 colleges
Other Engineering Majors in Chicago
Petroleum Engineering
$55K starting · 2.5 yr ROI
Computer Engineering
$55K starting · 3 yr ROI
Chemical Engineering
$89K starting · 3.2 yr ROI
Nuclear Engineering
$55K starting · 3.3 yr ROI
Electrical Engineering
$87K starting · 3.3 yr ROI
Aerospace Engineering
$87K starting · 3.5 yr ROI
Mechanical Engineering
$85K starting · 3.5 yr ROI
Mining Engineering
$55K starting · 3 yr ROI
Biomedical Engineering Degree in Chicago — 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 Chicago.