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Electrical Engineering Degree in Bloomington, IN — Salary & ROI 2026

Electrical Engineering degree analysis for Bloomington, IN. COL-adjusted salary data, local tuition costs, ROI calculator, and job market outlook.

Starting Salary

$66K

COL-adjusted

Mid-Career

$95K

COL-adjusted

ROI Payback

2.5 yrs

in Bloomington

Cost of Living

83

index (100 = avg)

Electrical Engineering in Bloomington, IN Overview

While Bloomington has a smaller college scene with 5 institutions, Electrical Engineering students benefit from lower tuition costs. Room and board averages $12,831/year, and the car-friendly layout shapes the student experience. Electrical Engineering enrollment is stable nationwide, with steady demand for graduates skilled in Circuit Design and Signal Processing. The adjusted starting salary in Bloomington is approximately $66,400.

Category

Engineering

Local Colleges

5

Public Tuition

$10,948/yr

Private Tuition

$35,439/yr

Room & Board

$12,831/yr

Avg Fin. Aid

$13,996/yr

Unemployment

5.2%

Graduation Rate

64%

Electrical Engineering Salary in Bloomington (COL-Adjusted)

Salaries adjusted for Bloomington's cost of living index of 83 (national average = 100).

Entry Level (0-2 yrs)
$66,400($-13,600 vs national)
Mid Career (5-9 yrs)
$95,450($-19,550 vs national)
Senior Level (15+ yrs)
$117,860($-24,140 vs national)

Note: National average Electrical Engineering salary: $80,000 starting, $115,000 mid-career, $142,000 senior level.Bloomington adjustment factor: 0.83x based on the local cost of living index.

Electrical Engineering ROI Calculator for Bloomington

Estimate your return on investment for a Electrical Engineering degree using local Bloomington tuition and cost of living data.

Public avg: $10,948 | Private avg: $35,439

Bloomington avg aid: $13,996/yr

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

Total Education Cost

$95,116

tuition + room & board - aid

Annual Earnings Premium

$37,350

vs HS diploma in Bloomington

ROI Payback Period

2.5 years

to break even

Lifetime Return in Bloomington

$734,884

Lifetime earnings premium ($830,000) minus total education cost ($95,116)

Student Loan Payoff for Electrical Engineering in Bloomington

Standard Plan (10 years)

Loan Amount$95,116
Monthly Payment$1,080
Total Interest$34,487
% of Monthly Income20%

Aggressive Plan (5 years)

Loan Amount$95,116
Monthly Payment$1,861
Total Interest$16,547
Interest Savings$17,940

Colleges in Bloomington for Electrical Engineering

Indiana University Bloomington

public

$10,948/yr

$43,792 total

Community Colleges (2-Year Transfer)

Ivy Tech Community College Bloomington

$4,540/yr

Top Employers for Electrical Engineering in Bloomington

Bloomington offers opportunities in Engineering firms, Manufacturing, Defense contractors for Electrical Engineering graduates. National top employers in this field include:

IntelTexas InstrumentsQualcommAppleTesla

Key Bloomington Hiring Sectors for Engineering

Engineering firms

Manufacturing

Defense contractors

Energy companies

Construction firms

Common Electrical Engineering Job Titles

Electrical EngineerHardware EngineerControls Engineer

Electrical Engineering Degree in Bloomington — 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 Electrical Engineering ROI in other cities, or explore other majors in Bloomington.

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