DegreeCalc

Economics Degree in Providence, RI — Salary & ROI 2026

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

Starting Salary

$92K

COL-adjusted

Mid-Career

$141K

COL-adjusted

ROI Payback

3.1 yrs

in Providence

Cost of Living

141

index (100 = avg)

Economics in Providence, RI Overview

Providence, Rhode Island (pop. 190,934) has 7 colleges offering Economics programs. The local cost of living index of 141 is higher than average, so budget accordingly, with average rent near campus at $1,476/month. Economics enrollment is stable nationwide, with steady demand for graduates skilled in Econometrics and Statistical Analysis. The adjusted starting salary in Providence is approximately $91,650, growing to $141,000 by mid-career.

Category

Business

Local Colleges

7

Public Tuition

$15,259/yr

Private Tuition

$59,540/yr

Room & Board

$17,733/yr

Avg Fin. Aid

$15,708/yr

Unemployment

4.3%

Graduation Rate

54%

Economics Salary in Providence (COL-Adjusted)

Salaries adjusted for Providence's cost of living index of 141 (national average = 100).

Entry Level (0-2 yrs)
$91,650(+$26,650 vs national)
Mid Career (5-9 yrs)
$141,000(+$41,000 vs national)
Senior Level (15+ yrs)
$183,300(+$53,300 vs national)

Note: National average Economics salary: $65,000 starting, $100,000 mid-career, $130,000 senior level.Providence adjustment factor: 1.41x based on the local cost of living index.

Economics ROI Calculator for Providence

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

Public avg: $15,259 | Private avg: $59,540

Providence avg aid: $15,708/yr

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

Total Education Cost

$131,968

tuition + room & board - aid

Annual Earnings Premium

$42,300

vs HS diploma in Providence

ROI Payback Period

3.1 years

to break even

Lifetime Return in Providence

$1,066,532

Lifetime earnings premium ($1,198,500) minus total education cost ($131,968)

Student Loan Payoff for Economics in Providence

Standard Plan (10 years)

Loan Amount$131,968
Monthly Payment$1,498
Total Interest$47,848
% of Monthly Income20%

Aggressive Plan (5 years)

Loan Amount$131,968
Monthly Payment$2,582
Total Interest$22,958
Interest Savings$24,890

Colleges in Providence for Economics

Brown University

private

$62,680/yr

$250,720 total

Providence College

private

$56,400/yr

$225,600 total

Community Colleges (2-Year Transfer)

Community College of Rhode Island

$4,994/yr

Top Employers for Economics in Providence

Providence 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 Providence Hiring Sectors for Business

Financial services

Consulting firms

Fortune 500 companies

Startups

Marketing agencies

Common Economics Job Titles

EconomistPolicy AnalystFinancial Analyst

Economics Degree in Providence — 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 Providence.

Frequently Asked Questions

Related Calculators