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Economics Degree in Boston, MA — Salary & ROI 2026

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

Starting Salary

$89K

COL-adjusted

Mid-Career

$137K

COL-adjusted

ROI Payback

2.8 yrs

in Boston

Cost of Living

137

index (100 = avg)

Economics in Boston, MA Overview

Boston is one of Massachusetts's top college towns, with 24 institutions and a student population of 40,388. Public tuition averages $14,167/year here — near the national average for public universities. Economics enrollment is stable nationwide, with steady demand for graduates skilled in Econometrics and Statistical Analysis. The adjusted starting salary in Boston is approximately $89,050, growing to $137,000 by mid-career.

Category

Business

Local Colleges

24

Public Tuition

$14,167/yr

Private Tuition

$60,730/yr

Room & Board

$14,423/yr

Avg Fin. Aid

$10,458/yr

Unemployment

4.5%

Graduation Rate

56%

Economics Salary in Boston (COL-Adjusted)

Salaries adjusted for Boston's cost of living index of 137 (national average = 100).

Entry Level (0-2 yrs)
$89,050(+$24,050 vs national)
Mid Career (5-9 yrs)
$137,000(+$37,000 vs national)
Senior Level (15+ yrs)
$178,100(+$48,100 vs national)

Note: National average Economics salary: $65,000 starting, $100,000 mid-career, $130,000 senior level.Boston adjustment factor: 1.37x based on the local cost of living index.

Economics ROI Calculator for Boston

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

Public avg: $14,167 | Private avg: $60,730

Boston avg aid: $10,458/yr

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

Total Education Cost

$114,360

tuition + room & board - aid

Annual Earnings Premium

$41,100

vs HS diploma in Boston

ROI Payback Period

2.8 years

to break even

Lifetime Return in Boston

$1,050,140

Lifetime earnings premium ($1,164,500) minus total education cost ($114,360)

Student Loan Payoff for Economics in Boston

Standard Plan (10 years)

Loan Amount$114,360
Monthly Payment$1,299
Total Interest$41,464
% of Monthly Income17%

Aggressive Plan (5 years)

Loan Amount$114,360
Monthly Payment$2,238
Total Interest$19,895
Interest Savings$21,569

Colleges in Boston for Economics

Boston University

private

$62,360/yr

$249,440 total

Northeastern University

private

$59,100/yr

$236,400 total

University of Massachusetts Boston

public

$14,167/yr

$56,668 total

Community Colleges (2-Year Transfer)

Bunker Hill Community College

$5,760/yr

Roxbury Community College

$5,280/yr

Top Employers for Economics in Boston

Boston 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 Boston Hiring Sectors for Business

Financial services

Consulting firms

Fortune 500 companies

Startups

Marketing agencies

Common Economics Job Titles

EconomistPolicy AnalystFinancial Analyst

Economics Degree in Boston — 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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