Electrical Engineering Degree in Cape Coral, FL — Salary & ROI 2026
Electrical Engineering degree analysis for Cape Coral, FL. COL-adjusted salary data, local tuition costs, ROI calculator, and job market outlook.
Starting Salary
$78K
COL-adjusted
Mid-Career
$112K
COL-adjusted
ROI Payback
1.9 yrs
in Cape Coral
Cost of Living
97.8
index (100 = avg)
Electrical Engineering in Cape Coral, FL Overview
Cape Coral, Florida (pop. 194,016) has 7 colleges offering Electrical Engineering programs. The local cost of living index of 97.8 is near the national average, with average rent near campus at $1,035/month. Electrical Engineering enrollment is stable nationwide, with steady demand for graduates skilled in Circuit Design and Signal Processing. The adjusted starting salary in Cape Coral is approximately $78,240.
Category
Engineering
Local Colleges
7
Public Tuition
$6,400/yr
Private Tuition
$30,000/yr
Room & Board
$14,023/yr
Avg Fin. Aid
$13,184/yr
Unemployment
2.7%
Graduation Rate
52%
Electrical Engineering Salary in Cape Coral (COL-Adjusted)
Salaries adjusted for Cape Coral's cost of living index of 97.8 (national average = 100).
Note: National average Electrical Engineering salary: $80,000 starting, $115,000 mid-career, $142,000 senior level.Cape Coral adjustment factor: 0.98x based on the local cost of living index.
Electrical Engineering ROI Calculator for Cape Coral
Estimate your return on investment for a Electrical Engineering degree using local Cape Coral tuition and cost of living data.
Public avg: $6,400 | Private avg: $30,000
Cape Coral avg aid: $13,184/yr
Federal avg: 6.5% | Private: 4-14%
Total Education Cost
$81,692
tuition + room & board - aid
Annual Earnings Premium
$44,010
vs HS diploma in Cape Coral
ROI Payback Period
1.9 years
to break even
Lifetime Return in Cape Coral
$896,308
Lifetime earnings premium ($978,000) minus total education cost ($81,692)
Student Loan Payoff for Electrical Engineering in Cape Coral
Standard Plan (10 years)
Aggressive Plan (5 years)
Colleges in Cape Coral for Electrical Engineering
Cape Coral State University
public
$6,313/yr
$25,252 total
University of Cape Coral
public
$6,340/yr
$25,360 total
Community Colleges (2-Year Transfer)
Cape Coral Community College
$5,542/yr
Top Employers for Electrical Engineering in Cape Coral
Cape Coral offers opportunities in Engineering firms, Manufacturing, Defense contractors for Electrical Engineering graduates. National top employers in this field include:
Key Cape Coral Hiring Sectors for Engineering
Engineering firms
Manufacturing
Defense contractors
Energy companies
Construction firms
Common Electrical Engineering Job Titles
Electrical Engineering in Nearby Florida Cities
Jacksonville, FL
$94K starting · COL 117
35 colleges
Miami, FL
$78K starting · COL 98
12 colleges
Tampa, FL
$81K starting · COL 101
26 colleges
Orlando, FL
$77K starting · COL 96
16 colleges
St. Petersburg, FL
$78K starting · COL 97
22 colleges
Hialeah, FL
$62K starting · COL 78
22 colleges
Port St. Lucie, FL
$79K starting · COL 98.5
8 colleges
Tallahassee, FL
$71K starting · COL 89
11 colleges
Other Engineering Majors in Cape Coral
Petroleum Engineering
$49K starting · 2.5 yr ROI
Computer Engineering
$49K starting · 3 yr ROI
Chemical Engineering
$80K starting · 3.2 yr ROI
Nuclear Engineering
$49K starting · 3.3 yr ROI
Aerospace Engineering
$78K starting · 3.5 yr ROI
Mechanical Engineering
$76K starting · 3.5 yr ROI
Mining Engineering
$49K starting · 3 yr ROI
Materials Science & Engineering
$49K starting · 3.8 yr ROI
Electrical Engineering Degree in Cape Coral — 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 Cape Coral.