DegreeCalc

Economics Degree in Columbia, MD — Salary & ROI 2026

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

Starting Salary

$83K

COL-adjusted

Mid-Career

$127K

COL-adjusted

ROI Payback

2.7 yrs

in Columbia

Cost of Living

127.2

index (100 = avg)

Economics in Columbia, MD Overview

While Columbia has a smaller college scene with 4 institutions, Economics students benefit from lower tuition costs. Room and board averages $15,096/year, and the car-friendly layout shapes the student experience. Economics enrollment is stable nationwide, with steady demand for graduates skilled in Econometrics and Statistical Analysis. The adjusted starting salary in Columbia is approximately $82,680, growing to $127,200 by mid-career.

Category

Business

Local Colleges

4

Public Tuition

$10,800/yr

Private Tuition

$42,000/yr

Room & Board

$15,096/yr

Avg Fin. Aid

$11,277/yr

Unemployment

3.6%

Graduation Rate

68%

Economics Salary in Columbia (COL-Adjusted)

Salaries adjusted for Columbia's cost of living index of 127.2 (national average = 100).

Entry Level (0-2 yrs)
$82,680(+$17,680 vs national)
Mid Career (5-9 yrs)
$127,200(+$27,200 vs national)
Senior Level (15+ yrs)
$165,360(+$35,360 vs national)

Note: National average Economics salary: $65,000 starting, $100,000 mid-career, $130,000 senior level.Columbia adjustment factor: 1.27x based on the local cost of living index.

Economics ROI Calculator for Columbia

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

Public avg: $10,800 | Private avg: $42,000

Columbia avg aid: $11,277/yr

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

Total Education Cost

$103,584

tuition + room & board - aid

Annual Earnings Premium

$38,160

vs HS diploma in Columbia

ROI Payback Period

2.7 years

to break even

Lifetime Return in Columbia

$977,616

Lifetime earnings premium ($1,081,200) minus total education cost ($103,584)

Student Loan Payoff for Economics in Columbia

Standard Plan (10 years)

Loan Amount$103,584
Monthly Payment$1,176
Total Interest$37,557
% of Monthly Income17%

Aggressive Plan (5 years)

Loan Amount$103,584
Monthly Payment$2,027
Total Interest$18,020
Interest Savings$19,537

Colleges in Columbia for Economics

Columbia State University

public

$10,473/yr

$41,892 total

University of Columbia

public

$12,187/yr

$48,748 total

Community Colleges (2-Year Transfer)

Columbia Community College

$6,406/yr

Top Employers for Economics in Columbia

Columbia 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 Columbia Hiring Sectors for Business

Financial services

Consulting firms

Fortune 500 companies

Startups

Marketing agencies

Common Economics Job Titles

EconomistPolicy AnalystFinancial Analyst

Economics Degree in Columbia — 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 Columbia.

Frequently Asked Questions

Related Calculators