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Computer Engineering Degree in Minneapolis, MN — Salary & ROI 2026

Computer Engineering degree analysis for Minneapolis, MN. COL-adjusted salary data, local tuition costs, ROI calculator, and job market outlook.

Starting Salary

$49K

COL-adjusted

Mid-Career

$121K

COL-adjusted

ROI Payback

7.6 yrs

in Minneapolis

Cost of Living

97

index (100 = avg)

Computer Engineering in Minneapolis, MN Overview

Minneapolis, Minnesota (pop. 429,954) has 15 colleges offering Computer Engineering programs. The local cost of living index of 97 is near the national average, with average rent near campus at $805/month. Computer Engineering has seen growing enrollment nationally, reflecting rising employer demand for VLSI Design and Embedded Systems skills. The adjusted starting salary in Minneapolis is approximately $48,500, growing to $121,250 by mid-career.

Category

Engineering

Local Colleges

15

Public Tuition

$15,142/yr

Private Tuition

$45,823/yr

Room & Board

$12,394/yr

Avg Fin. Aid

$14,033/yr

Unemployment

4.4%

Graduation Rate

61%

Computer Engineering Salary in Minneapolis (COL-Adjusted)

Salaries adjusted for Minneapolis's cost of living index of 97 (national average = 100).

Entry Level (0-2 yrs)
$48,500($-1,500 vs national)
Mid Career (5-9 yrs)
$121,250($-3,750 vs national)
Senior Level (15+ yrs)
$150,350($-4,650 vs national)

Note: National average Computer Engineering salary: $50,000 starting, $125,000 mid-career, $155,000 senior level.Minneapolis adjustment factor: 0.97x based on the local cost of living index.

Computer Engineering ROI Calculator for Minneapolis

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

Public avg: $15,142 | Private avg: $45,823

Minneapolis avg aid: $14,033/yr

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

Total Education Cost

$110,144

tuition + room & board - aid

Annual Earnings Premium

$14,550

vs HS diploma in Minneapolis

ROI Payback Period

7.6 years

to break even

Lifetime Return in Minneapolis

$956,856

Lifetime earnings premium ($1,067,000) minus total education cost ($110,144)

Student Loan Payoff for Computer Engineering in Minneapolis

Standard Plan (10 years)

Loan Amount$110,144
Monthly Payment$1,251
Total Interest$39,936
% of Monthly Income31%

Aggressive Plan (5 years)

Loan Amount$110,144
Monthly Payment$2,155
Total Interest$19,162
Interest Savings$20,774

Colleges in Minneapolis for Computer Engineering

University of Minnesota

public

$15,142/yr

$60,568 total

University of St. Thomas

private

$49,716/yr

$198,864 total

Augsburg University

private

$41,930/yr

$167,720 total

Community Colleges (2-Year Transfer)

Minneapolis College

$5,772/yr

Top Employers for Computer Engineering in Minneapolis

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

IntelAppleNvidiaQualcommAMD

Key Minneapolis Hiring Sectors for Engineering

Engineering firms

Manufacturing

Defense contractors

Energy companies

Construction firms

Common Computer Engineering Job Titles

Hardware EngineerFirmware EngineerSystems Architect

Computer Engineering Degree in Minneapolis — 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 Computer Engineering ROI in other cities, or explore other majors in Minneapolis.

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