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Electrical Engineering Degree in Lafayette, LA — Salary & ROI 2026

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

Starting Salary

$83K

COL-adjusted

Mid-Career

$120K

COL-adjusted

ROI Payback

1.9 yrs

in Lafayette

Cost of Living

104

index (100 = avg)

Electrical Engineering in Lafayette, LA Overview

While Lafayette has a smaller college scene with 5 institutions, Electrical Engineering students benefit from lower tuition costs. Room and board averages $11,349/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 Lafayette is approximately $83,200.

Category

Engineering

Local Colleges

5

Public Tuition

$10,374/yr

Private Tuition

$38,796/yr

Room & Board

$11,349/yr

Avg Fin. Aid

$7,367/yr

Unemployment

4.8%

Graduation Rate

66%

Electrical Engineering Salary in Lafayette (COL-Adjusted)

Salaries adjusted for Lafayette's cost of living index of 104 (national average = 100).

Entry Level (0-2 yrs)
$83,200(+$3,200 vs national)
Mid Career (5-9 yrs)
$119,600(+$4,600 vs national)
Senior Level (15+ yrs)
$147,680(+$5,680 vs national)

Note: National average Electrical Engineering salary: $80,000 starting, $115,000 mid-career, $142,000 senior level.Lafayette adjustment factor: 1.04x based on the local cost of living index.

Electrical Engineering ROI Calculator for Lafayette

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

Public avg: $10,374 | Private avg: $38,796

Lafayette avg aid: $7,367/yr

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

Total Education Cost

$86,892

tuition + room & board - aid

Annual Earnings Premium

$46,800

vs HS diploma in Lafayette

ROI Payback Period

1.9 years

to break even

Lifetime Return in Lafayette

$953,108

Lifetime earnings premium ($1,040,000) minus total education cost ($86,892)

Student Loan Payoff for Electrical Engineering in Lafayette

Standard Plan (10 years)

Loan Amount$86,892
Monthly Payment$987
Total Interest$31,505
% of Monthly Income14%

Aggressive Plan (5 years)

Loan Amount$86,892
Monthly Payment$1,700
Total Interest$15,117
Interest Savings$16,388

Colleges in Lafayette for Electrical Engineering

University of Louisiana at Lafayette

public

$10,374/yr

$41,496 total

Community Colleges (2-Year Transfer)

South Louisiana Community College

$4,236/yr

Top Employers for Electrical Engineering in Lafayette

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

IntelTexas InstrumentsQualcommAppleTesla

Key Lafayette 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 Lafayette — 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 Lafayette.

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