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Electrical Engineering Degree in Cary, NC — Salary & ROI 2026

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

Starting Salary

$87K

COL-adjusted

Mid-Career

$125K

COL-adjusted

ROI Payback

2 yrs

in Cary

Cost of Living

108.5

index (100 = avg)

Electrical Engineering in Cary, NC Overview

Cary, North Carolina (pop. 174,721) has 7 colleges offering Electrical Engineering programs. The local cost of living index of 108.5 is near the national average, with average rent near campus at $1,335/month. Electrical Engineering enrollment is stable nationwide, with steady demand for graduates skilled in Circuit Design and Signal Processing. The adjusted starting salary in Cary is approximately $86,800.

Category

Engineering

Local Colleges

7

Public Tuition

$9,200/yr

Private Tuition

$34,000/yr

Room & Board

$15,364/yr

Avg Fin. Aid

$8,896/yr

Unemployment

4.1%

Graduation Rate

53%

Electrical Engineering Salary in Cary (COL-Adjusted)

Salaries adjusted for Cary's cost of living index of 108.5 (national average = 100).

Entry Level (0-2 yrs)
$86,800(+$6,800 vs national)
Mid Career (5-9 yrs)
$124,775(+$9,775 vs national)
Senior Level (15+ yrs)
$154,070(+$12,070 vs national)

Note: National average Electrical Engineering salary: $80,000 starting, $115,000 mid-career, $142,000 senior level.Cary adjustment factor: 1.08x based on the local cost of living index.

Electrical Engineering ROI Calculator for Cary

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

Public avg: $9,200 | Private avg: $34,000

Cary avg aid: $8,896/yr

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

Total Education Cost

$98,256

tuition + room & board - aid

Annual Earnings Premium

$48,825

vs HS diploma in Cary

ROI Payback Period

2 years

to break even

Lifetime Return in Cary

$986,744

Lifetime earnings premium ($1,085,000) minus total education cost ($98,256)

Student Loan Payoff for Electrical Engineering in Cary

Standard Plan (10 years)

Loan Amount$98,256
Monthly Payment$1,116
Total Interest$35,625
% of Monthly Income15%

Aggressive Plan (5 years)

Loan Amount$98,256
Monthly Payment$1,922
Total Interest$17,093
Interest Savings$18,532

Colleges in Cary for Electrical Engineering

Cary State University

public

$8,460/yr

$33,840 total

University of Cary

public

$9,070/yr

$36,280 total

Community Colleges (2-Year Transfer)

Cary Community College

$5,719/yr

Top Employers for Electrical Engineering in Cary

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

IntelTexas InstrumentsQualcommAppleTesla

Key Cary 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 Cary — 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 Cary.

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