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Economics Degree in Aurora, IL — Salary & ROI 2026

Economics degree analysis for Aurora, IL. COL-adjusted salary data, local tuition costs, ROI calculator, and job market outlook.

Starting Salary

$60K

COL-adjusted

Mid-Career

$93K

COL-adjusted

ROI Payback

4.2 yrs

in Aurora

Cost of Living

92.8

index (100 = avg)

Economics in Aurora, IL Overview

Aurora, Illinois (pop. 180,542) has 7 colleges offering Economics programs. The local cost of living index of 92.8 is near the national average, with average rent near campus at $780/month. Economics enrollment is stable nationwide, with steady demand for graduates skilled in Econometrics and Statistical Analysis. The adjusted starting salary in Aurora is approximately $60,320, growing to $92,800 by mid-career.

Category

Business

Local Colleges

7

Public Tuition

$15,400/yr

Private Tuition

$38,000/yr

Room & Board

$13,856/yr

Avg Fin. Aid

$14,682/yr

Unemployment

4.6%

Graduation Rate

65%

Economics Salary in Aurora (COL-Adjusted)

Salaries adjusted for Aurora's cost of living index of 92.8 (national average = 100).

Entry Level (0-2 yrs)
$60,320($-4,680 vs national)
Mid Career (5-9 yrs)
$92,800($-7,200 vs national)
Senior Level (15+ yrs)
$120,640($-9,360 vs national)

Note: National average Economics salary: $65,000 starting, $100,000 mid-career, $130,000 senior level.Aurora adjustment factor: 0.93x based on the local cost of living index.

Economics ROI Calculator for Aurora

Estimate your return on investment for a Economics degree using local Aurora tuition and cost of living data.

Public avg: $15,400 | Private avg: $38,000

Aurora avg aid: $14,682/yr

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

Total Education Cost

$117,024

tuition + room & board - aid

Annual Earnings Premium

$27,840

vs HS diploma in Aurora

ROI Payback Period

4.2 years

to break even

Lifetime Return in Aurora

$671,776

Lifetime earnings premium ($788,800) minus total education cost ($117,024)

Student Loan Payoff for Economics in Aurora

Standard Plan (10 years)

Loan Amount$117,024
Monthly Payment$1,329
Total Interest$42,430
% of Monthly Income26%

Aggressive Plan (5 years)

Loan Amount$117,024
Monthly Payment$2,290
Total Interest$20,359
Interest Savings$22,072

Colleges in Aurora for Economics

Aurora State University

public

$14,742/yr

$58,968 total

University of Aurora

public

$15,345/yr

$61,380 total

Community Colleges (2-Year Transfer)

Aurora Community College

$5,489/yr

Top Employers for Economics in Aurora

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

Federal ReserveWorld BankMcKinseyGoldman SachsIMF

Key Aurora Hiring Sectors for Business

Financial services

Consulting firms

Fortune 500 companies

Startups

Marketing agencies

Common Economics Job Titles

EconomistPolicy AnalystFinancial Analyst

Economics Degree in Aurora — 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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