Economics Degree in Chesapeake, VA — Salary & ROI 2026
Economics degree analysis for Chesapeake, VA. COL-adjusted salary data, local tuition costs, ROI calculator, and job market outlook.
Starting Salary
$59K
COL-adjusted
Mid-Career
$91K
COL-adjusted
ROI Payback
3.1 yrs
in Chesapeake
Cost of Living
91
index (100 = avg)
Economics in Chesapeake, VA Overview
Chesapeake, Virginia (pop. 249,422) has 12 colleges offering Economics programs. The local cost of living index of 91 is near the national average, with average rent near campus at $850/month. Economics enrollment is stable nationwide, with steady demand for graduates skilled in Econometrics and Statistical Analysis. The adjusted starting salary in Chesapeake is approximately $59,150, growing to $91,000 by mid-career.
Category
Business
Local Colleges
12
Public Tuition
$11,558/yr
Private Tuition
$19,500/yr
Room & Board
$9,787/yr
Avg Fin. Aid
$9,853/yr
Unemployment
3.8%
Graduation Rate
67%
Economics Salary in Chesapeake (COL-Adjusted)
Salaries adjusted for Chesapeake's cost of living index of 91 (national average = 100).
Note: National average Economics salary: $65,000 starting, $100,000 mid-career, $130,000 senior level.Chesapeake adjustment factor: 0.91x based on the local cost of living index.
Economics ROI Calculator for Chesapeake
Estimate your return on investment for a Economics degree using local Chesapeake tuition and cost of living data.
Public avg: $11,558 | Private avg: $19,500
Chesapeake avg aid: $9,853/yr
Federal avg: 6.5% | Private: 4-14%
Total Education Cost
$85,380
tuition + room & board - aid
Annual Earnings Premium
$27,300
vs HS diploma in Chesapeake
ROI Payback Period
3.1 years
to break even
Lifetime Return in Chesapeake
$688,120
Lifetime earnings premium ($773,500) minus total education cost ($85,380)
Student Loan Payoff for Economics in Chesapeake
Standard Plan (10 years)
Aggressive Plan (5 years)
Colleges in Chesapeake for Economics
South University Virginia Beach
private
$19,500/yr
$78,000 total
Community Colleges (2-Year Transfer)
Tidewater Community College Chesapeake
$5,340/yr
Top Employers for Economics in Chesapeake
Chesapeake offers opportunities in Financial services, Consulting firms, Fortune 500 companies for Economics graduates. National top employers in this field include:
Key Chesapeake Hiring Sectors for Business
Financial services
Consulting firms
Fortune 500 companies
Startups
Marketing agencies
Common Economics Job Titles
Economics in Nearby Virginia Cities
Virginia Beach, VA
$57K starting · COL 88
13 colleges
Arlington, VA
$93K starting · COL 142.5
9 colleges
Norfolk, VA
$60K starting · COL 93
16 colleges
Richmond, VA
$65K starting · COL 100
11 colleges
Newport News, VA
$60K starting · COL 92.5
7 colleges
Alexandria, VA
$66K starting · COL 102
8 colleges
Hampton, VA
$63K starting · COL 97
7 colleges
Roanoke, VA
$58K starting · COL 88.5
4 colleges
Other Business Majors in Chesapeake
Business Analytics
$71K starting · 2 yr ROI
Finance
$64K starting · 3.5 yr ROI
Information Systems
$46K starting · 3.3 yr ROI
Supply Chain Management
$46K starting · 3.5 yr ROI
Operations Management
$46K starting · 3.8 yr ROI
Accounting
$56K starting · 3.8 yr ROI
Real Estate
$46K starting · 4 yr ROI
Business Administration
$53K starting · 4.2 yr ROI
Economics Degree in Chesapeake — 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 Economics ROI in other cities, or explore other majors in Chesapeake.