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Economics Degree in Rochester, NY — Salary & ROI 2026

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

Starting Salary

$91K

COL-adjusted

Mid-Career

$140K

COL-adjusted

ROI Payback

3.4 yrs

in Rochester

Cost of Living

140

index (100 = avg)

Economics in Rochester, NY Overview

Rochester, New York (pop. 211,328) has 13 colleges offering Economics programs. The local cost of living index of 140 is higher than average, so budget accordingly, with average rent near campus at $1,592/month. Economics enrollment is stable nationwide, with steady demand for graduates skilled in Econometrics and Statistical Analysis. The adjusted starting salary in Rochester is approximately $91,000, growing to $140,000 by mid-career.

Category

Business

Local Colleges

13

Public Tuition

$13,886/yr

Private Tuition

$56,653/yr

Room & Board

$21,356/yr

Avg Fin. Aid

$10,325/yr

Unemployment

5.8%

Graduation Rate

46%

Economics Salary in Rochester (COL-Adjusted)

Salaries adjusted for Rochester's cost of living index of 140 (national average = 100).

Entry Level (0-2 yrs)
$91,000(+$26,000 vs national)
Mid Career (5-9 yrs)
$140,000(+$40,000 vs national)
Senior Level (15+ yrs)
$182,000(+$52,000 vs national)

Note: National average Economics salary: $65,000 starting, $100,000 mid-career, $130,000 senior level.Rochester adjustment factor: 1.40x based on the local cost of living index.

Economics ROI Calculator for Rochester

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

Public avg: $13,886 | Private avg: $56,653

Rochester avg aid: $10,325/yr

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

Total Education Cost

$140,968

tuition + room & board - aid

Annual Earnings Premium

$42,000

vs HS diploma in Rochester

ROI Payback Period

3.4 years

to break even

Lifetime Return in Rochester

$1,049,032

Lifetime earnings premium ($1,190,000) minus total education cost ($140,968)

Student Loan Payoff for Economics in Rochester

Standard Plan (10 years)

Loan Amount$140,968
Monthly Payment$1,601
Total Interest$51,112
% of Monthly Income21%

Aggressive Plan (5 years)

Loan Amount$140,968
Monthly Payment$2,758
Total Interest$24,524
Interest Savings$26,588

Colleges in Rochester for Economics

University of Rochester

private

$60,550/yr

$242,200 total

Rochester Institute of Technology

private

$52,756/yr

$211,024 total

Community Colleges (2-Year Transfer)

Monroe Community College

$5,504/yr

Top Employers for Economics in Rochester

Rochester 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 Rochester Hiring Sectors for Business

Financial services

Consulting firms

Fortune 500 companies

Startups

Marketing agencies

Common Economics Job Titles

EconomistPolicy AnalystFinancial Analyst

Economics Degree in Rochester — 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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