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Economics Degree in Springfield, MO — Salary & ROI 2026

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

Starting Salary

$52K

COL-adjusted

Mid-Career

$80K

COL-adjusted

ROI Payback

3.6 yrs

in Springfield

Cost of Living

80

index (100 = avg)

Economics in Springfield, MO Overview

While Springfield has a smaller college scene with 5 institutions, Economics students benefit from lower tuition costs. Room and board averages $13,383/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 Springfield is approximately $52,000, growing to $80,000 by mid-career.

Category

Business

Local Colleges

5

Public Tuition

$8,210/yr

Private Tuition

$33,330/yr

Room & Board

$13,383/yr

Avg Fin. Aid

$13,942/yr

Unemployment

3.2%

Graduation Rate

52%

Economics Salary in Springfield (COL-Adjusted)

Salaries adjusted for Springfield's cost of living index of 80 (national average = 100).

Entry Level (0-2 yrs)
$52,000($-13,000 vs national)
Mid Career (5-9 yrs)
$80,000($-20,000 vs national)
Senior Level (15+ yrs)
$104,000($-26,000 vs national)

Note: National average Economics salary: $65,000 starting, $100,000 mid-career, $130,000 senior level.Springfield adjustment factor: 0.80x based on the local cost of living index.

Economics ROI Calculator for Springfield

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

Public avg: $8,210 | Private avg: $33,330

Springfield avg aid: $13,942/yr

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

Total Education Cost

$86,372

tuition + room & board - aid

Annual Earnings Premium

$24,000

vs HS diploma in Springfield

ROI Payback Period

3.6 years

to break even

Lifetime Return in Springfield

$593,628

Lifetime earnings premium ($680,000) minus total education cost ($86,372)

Student Loan Payoff for Economics in Springfield

Standard Plan (10 years)

Loan Amount$86,372
Monthly Payment$981
Total Interest$31,316
% of Monthly Income23%

Aggressive Plan (5 years)

Loan Amount$86,372
Monthly Payment$1,690
Total Interest$15,026
Interest Savings$16,290

Colleges in Springfield for Economics

Missouri State University

public

$8,210/yr

$32,840 total

Drury University

private

$33,330/yr

$133,320 total

Community Colleges (2-Year Transfer)

Ozarks Technical Community College

$3,900/yr

Top Employers for Economics in Springfield

Springfield 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 Springfield Hiring Sectors for Business

Financial services

Consulting firms

Fortune 500 companies

Startups

Marketing agencies

Common Economics Job Titles

EconomistPolicy AnalystFinancial Analyst

Economics Degree in Springfield — 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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