Electrical Engineering Degree in Peoria, IL — Salary & ROI 2026
Electrical Engineering degree analysis for Peoria, IL. 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
1.6 yrs
in Peoria
Cost of Living
104
index (100 = avg)
Electrical Engineering in Peoria, IL Overview
While Peoria has a smaller college scene with 5 institutions, Electrical Engineering students benefit from lower tuition costs. Room and board averages $10,566/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 Peoria is approximately $83,200.
Category
Engineering
Local Colleges
5
Public Tuition
$8,032/yr
Private Tuition
$38,400/yr
Room & Board
$10,566/yr
Avg Fin. Aid
$9,588/yr
Unemployment
5.6%
Graduation Rate
47%
Electrical Engineering Salary in Peoria (COL-Adjusted)
Salaries adjusted for Peoria's cost of living index of 104 (national average = 100).
Note: National average Electrical Engineering salary: $80,000 starting, $115,000 mid-career, $142,000 senior level.Peoria adjustment factor: 1.04x based on the local cost of living index.
Electrical Engineering ROI Calculator for Peoria
Estimate your return on investment for a Electrical Engineering degree using local Peoria tuition and cost of living data.
Public avg: $8,032 | Private avg: $38,400
Peoria avg aid: $9,588/yr
Federal avg: 6.5% | Private: 4-14%
Total Education Cost
$74,392
tuition + room & board - aid
Annual Earnings Premium
$46,800
vs HS diploma in Peoria
ROI Payback Period
1.6 years
to break even
Lifetime Return in Peoria
$965,608
Lifetime earnings premium ($1,040,000) minus total education cost ($74,392)
Student Loan Payoff for Electrical Engineering in Peoria
Standard Plan (10 years)
Aggressive Plan (5 years)
Colleges in Peoria for Electrical Engineering
Bradley University
private
$38,400/yr
$153,600 total
Community Colleges (2-Year Transfer)
Illinois Central College
$4,980/yr
Top Employers for Electrical Engineering in Peoria
Peoria offers opportunities in Engineering firms, Manufacturing, Defense contractors for Electrical Engineering graduates. National top employers in this field include:
Key Peoria Hiring Sectors for Engineering
Engineering firms
Manufacturing
Defense contractors
Energy companies
Construction firms
Common Electrical Engineering Job Titles
Electrical Engineering in Nearby Illinois Cities
Chicago, IL
$87K starting · COL 109
98 colleges
Aurora, IL
$74K starting · COL 92.8
7 colleges
Joliet, IL
$86K starting · COL 108
12 colleges
Naperville, IL
$82K starting · COL 102
13 colleges
Rockford, IL
$72K starting · COL 90
8 colleges
Elgin, IL
$63K starting · COL 79
13 colleges
Springfield, IL
$74K starting · COL 92
9 colleges
Waukegan, IL
$72K starting · COL 90.3
4 colleges
Other Engineering Majors in Peoria
Petroleum Engineering
$52K starting · 2.5 yr ROI
Computer Engineering
$52K starting · 3 yr ROI
Chemical Engineering
$85K starting · 3.2 yr ROI
Nuclear Engineering
$52K starting · 3.3 yr ROI
Aerospace Engineering
$83K starting · 3.5 yr ROI
Mechanical Engineering
$81K starting · 3.5 yr ROI
Mining Engineering
$52K starting · 3 yr ROI
Materials Science & Engineering
$52K starting · 3.8 yr ROI
Electrical Engineering Degree in Peoria — 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 Peoria.