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Business Administration Degree in Cleveland, OH — Salary & ROI 2026

Business Administration degree analysis for Cleveland, OH. COL-adjusted salary data, local tuition costs, ROI calculator, and job market outlook.

Starting Salary

$56K

COL-adjusted

Mid-Career

$84K

COL-adjusted

ROI Payback

3.9 yrs

in Cleveland

Cost of Living

96

index (100 = avg)

Business Administration in Cleveland, OH Overview

Cleveland, Ohio (pop. 372,624) has 20 colleges offering Business Administration programs. The local cost of living index of 96 is near the national average, with average rent near campus at $1,156/month. Business Administration enrollment is stable nationwide, with steady demand for graduates skilled in Leadership and Strategic Planning. The adjusted starting salary in Cleveland is approximately $55,680, growing to $84,480 by mid-career.

Category

Business

Local Colleges

20

Public Tuition

$11,270/yr

Private Tuition

$49,395/yr

Room & Board

$10,394/yr

Avg Fin. Aid

$7,310/yr

Unemployment

6%

Graduation Rate

69%

Business Administration Salary in Cleveland (COL-Adjusted)

Salaries adjusted for Cleveland's cost of living index of 96 (national average = 100).

Entry Level (0-2 yrs)
$55,680($-2,320 vs national)
Mid Career (5-9 yrs)
$84,480($-3,520 vs national)
Senior Level (15+ yrs)
$110,400($-4,600 vs national)

Note: National average Business Administration salary: $58,000 starting, $88,000 mid-career, $115,000 senior level.Cleveland adjustment factor: 0.96x based on the local cost of living index.

Business Administration ROI Calculator for Cleveland

Estimate your return on investment for a Business Administration degree using local Cleveland tuition and cost of living data.

Public avg: $11,270 | Private avg: $49,395

Cleveland avg aid: $7,310/yr

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

Total Education Cost

$86,656

tuition + room & board - aid

Annual Earnings Premium

$22,080

vs HS diploma in Cleveland

ROI Payback Period

3.9 years

to break even

Lifetime Return in Cleveland

$537,344

Lifetime earnings premium ($624,000) minus total education cost ($86,656)

Student Loan Payoff for Business Administration in Cleveland

Standard Plan (10 years)

Loan Amount$86,656
Monthly Payment$984
Total Interest$31,419
% of Monthly Income21%

Aggressive Plan (5 years)

Loan Amount$86,656
Monthly Payment$1,696
Total Interest$15,075
Interest Savings$16,344

Colleges in Cleveland for Business Administration

Case Western Reserve University

private

$56,480/yr

$225,920 total

Cleveland State University

public

$11,270/yr

$45,080 total

John Carroll University

private

$42,310/yr

$169,240 total

Community Colleges (2-Year Transfer)

Cuyahoga Community College

$4,344/yr

Top Employers for Business Administration in Cleveland

Cleveland offers opportunities in Financial services, Consulting firms, Fortune 500 companies for Business Administration graduates. National top employers in this field include:

AmazonJPMorganDeloitteProcter & GambleMcKinsey

Key Cleveland Hiring Sectors for Business

Financial services

Consulting firms

Fortune 500 companies

Startups

Marketing agencies

Common Business Administration Job Titles

Business AnalystOperations ManagerManagement Consultant

Business Administration Degree in Cleveland — 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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