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Electrical Engineering Degree in New Bedford, MA — Salary & ROI 2026

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

Starting Salary

$82K

COL-adjusted

Mid-Career

$118K

COL-adjusted

ROI Payback

2.7 yrs

in New Bedford

Cost of Living

102.5

index (100 = avg)

Electrical Engineering in New Bedford, MA Overview

While New Bedford has a smaller college scene with 4 institutions, Electrical Engineering students benefit from the close-knit academic community. Room and board averages $14,635/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 New Bedford is approximately $82,000.

Category

Engineering

Local Colleges

4

Public Tuition

$16,100/yr

Private Tuition

$48,000/yr

Room & Board

$14,635/yr

Avg Fin. Aid

$9,843/yr

Unemployment

4.2%

Graduation Rate

63%

Electrical Engineering Salary in New Bedford (COL-Adjusted)

Salaries adjusted for New Bedford's cost of living index of 102.5 (national average = 100).

Entry Level (0-2 yrs)
$82,000(+$2,000 vs national)
Mid Career (5-9 yrs)
$117,875(+$2,875 vs national)
Senior Level (15+ yrs)
$145,550(+$3,550 vs national)

Note: National average Electrical Engineering salary: $80,000 starting, $115,000 mid-career, $142,000 senior level.New Bedford adjustment factor: 1.02x based on the local cost of living index.

Electrical Engineering ROI Calculator for New Bedford

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

Public avg: $16,100 | Private avg: $48,000

New Bedford avg aid: $9,843/yr

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

Total Education Cost

$122,940

tuition + room & board - aid

Annual Earnings Premium

$46,125

vs HS diploma in New Bedford

ROI Payback Period

2.7 years

to break even

Lifetime Return in New Bedford

$902,060

Lifetime earnings premium ($1,025,000) minus total education cost ($122,940)

Student Loan Payoff for Electrical Engineering in New Bedford

Standard Plan (10 years)

Loan Amount$122,940
Monthly Payment$1,396
Total Interest$44,575
% of Monthly Income20%

Aggressive Plan (5 years)

Loan Amount$122,940
Monthly Payment$2,405
Total Interest$21,388
Interest Savings$23,187

Colleges in New Bedford for Electrical Engineering

New Bedford State University

public

$15,984/yr

$63,936 total

University of New Bedford

public

$18,237/yr

$72,948 total

Community Colleges (2-Year Transfer)

New Bedford Community College

$5,720/yr

Top Employers for Electrical Engineering in New Bedford

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

IntelTexas InstrumentsQualcommAppleTesla

Key New Bedford 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 New Bedford — 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 New Bedford.

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