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Economics Degree in South Bend, IN — Salary & ROI 2026

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

Starting Salary

$58K

COL-adjusted

Mid-Career

$89K

COL-adjusted

ROI Payback

3.2 yrs

in South Bend

Cost of Living

89

index (100 = avg)

Economics in South Bend, IN Overview

South Bend, Indiana (pop. 103,453) has 9 colleges offering Economics programs. The local cost of living index of 89 keeps student expenses low, with average rent near campus at $1,010/month. Economics enrollment is stable nationwide, with steady demand for graduates skilled in Econometrics and Statistical Analysis. The adjusted starting salary in South Bend is approximately $57,850, growing to $89,000 by mid-career.

Category

Business

Local Colleges

9

Public Tuition

$9,463/yr

Private Tuition

$60,301/yr

Room & Board

$11,568/yr

Avg Fin. Aid

$8,347/yr

Unemployment

5.2%

Graduation Rate

62%

Economics Salary in South Bend (COL-Adjusted)

Salaries adjusted for South Bend's cost of living index of 89 (national average = 100).

Entry Level (0-2 yrs)
$57,850($-7,150 vs national)
Mid Career (5-9 yrs)
$89,000($-11,000 vs national)
Senior Level (15+ yrs)
$115,700($-14,300 vs national)

Note: National average Economics salary: $65,000 starting, $100,000 mid-career, $130,000 senior level.South Bend adjustment factor: 0.89x based on the local cost of living index.

Economics ROI Calculator for South Bend

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

Public avg: $9,463 | Private avg: $60,301

South Bend avg aid: $8,347/yr

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

Total Education Cost

$84,124

tuition + room & board - aid

Annual Earnings Premium

$26,700

vs HS diploma in South Bend

ROI Payback Period

3.2 years

to break even

Lifetime Return in South Bend

$672,376

Lifetime earnings premium ($756,500) minus total education cost ($84,124)

Student Loan Payoff for Economics in South Bend

Standard Plan (10 years)

Loan Amount$84,124
Monthly Payment$955
Total Interest$30,501
% of Monthly Income20%

Aggressive Plan (5 years)

Loan Amount$84,124
Monthly Payment$1,646
Total Interest$14,635
Interest Savings$15,866

Colleges in South Bend for Economics

University of Notre Dame

private

$60,301/yr

$241,204 total

Community Colleges (2-Year Transfer)

Ivy Tech Community College South Bend

$4,540/yr

Top Employers for Economics in South Bend

South Bend 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 South Bend Hiring Sectors for Business

Financial services

Consulting firms

Fortune 500 companies

Startups

Marketing agencies

Common Economics Job Titles

EconomistPolicy AnalystFinancial Analyst

Economics Degree in South Bend — 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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Compare Economics ROI in other cities, or explore other majors in South Bend.

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