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Economics Degree in Oyster Bay, NY — Salary & ROI 2026

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

Starting Salary

$94K

COL-adjusted

Mid-Career

$145K

COL-adjusted

ROI Payback

2.4 yrs

in Oyster Bay

Cost of Living

145

index (100 = avg)

Economics in Oyster Bay, NY Overview

Oyster Bay, New York (pop. 293,214) has 11 colleges offering Economics programs. The local cost of living index of 145 is higher than average, so budget accordingly, with average rent near campus at $1,620/month. Economics enrollment is stable nationwide, with steady demand for graduates skilled in Econometrics and Statistical Analysis. The adjusted starting salary in Oyster Bay is approximately $94,250, growing to $145,000 by mid-career.

Category

Business

Local Colleges

11

Public Tuition

$10,200/yr

Private Tuition

$42,000/yr

Room & Board

$15,477/yr

Avg Fin. Aid

$8,000/yr

Unemployment

3.9%

Graduation Rate

57%

Economics Salary in Oyster Bay (COL-Adjusted)

Salaries adjusted for Oyster Bay's cost of living index of 145 (national average = 100).

Entry Level (0-2 yrs)
$94,250(+$29,250 vs national)
Mid Career (5-9 yrs)
$145,000(+$45,000 vs national)
Senior Level (15+ yrs)
$188,500(+$58,500 vs national)

Note: National average Economics salary: $65,000 starting, $100,000 mid-career, $130,000 senior level.Oyster Bay adjustment factor: 1.45x based on the local cost of living index.

Economics ROI Calculator for Oyster Bay

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

Public avg: $10,200 | Private avg: $42,000

Oyster Bay avg aid: $8,000/yr

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

Total Education Cost

$102,708

tuition + room & board - aid

Annual Earnings Premium

$43,500

vs HS diploma in Oyster Bay

ROI Payback Period

2.4 years

to break even

Lifetime Return in Oyster Bay

$1,129,792

Lifetime earnings premium ($1,232,500) minus total education cost ($102,708)

Student Loan Payoff for Economics in Oyster Bay

Standard Plan (10 years)

Loan Amount$102,708
Monthly Payment$1,166
Total Interest$37,239
% of Monthly Income15%

Aggressive Plan (5 years)

Loan Amount$102,708
Monthly Payment$2,010
Total Interest$17,868
Interest Savings$19,371

Colleges in Oyster Bay for Economics

Oyster Bay State University

public

$10,019/yr

$40,076 total

University of Oyster Bay

public

$9,448/yr

$37,792 total

Community Colleges (2-Year Transfer)

Oyster Bay Community College

$5,924/yr

New York Technical College - Oyster Bay

$6,048/yr

Top Employers for Economics in Oyster Bay

Oyster Bay 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 Oyster Bay Hiring Sectors for Business

Financial services

Consulting firms

Fortune 500 companies

Startups

Marketing agencies

Common Economics Job Titles

EconomistPolicy AnalystFinancial Analyst

Economics Degree in Oyster Bay — 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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