DegreeCalc

Electrical Engineering Degree in Philadelphia, PA — Salary & ROI 2026

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

Starting Salary

$120K

COL-adjusted

Mid-Career

$173K

COL-adjusted

ROI Payback

2.3 yrs

in Philadelphia

Cost of Living

150

index (100 = avg)

Electrical Engineering in Philadelphia, PA Overview

Philadelphia is one of Pennsylvania's top college towns, with 42 institutions and a student population of 116,806. Public tuition averages $18,526/year here — near the national average for public universities. Electrical Engineering enrollment is stable nationwide, with steady demand for graduates skilled in Circuit Design and Signal Processing. The adjusted starting salary in Philadelphia is approximately $120,000.

Category

Engineering

Local Colleges

42

Public Tuition

$18,526/yr

Private Tuition

$59,845/yr

Room & Board

$19,639/yr

Avg Fin. Aid

$10,866/yr

Unemployment

4.5%

Graduation Rate

52%

Electrical Engineering Salary in Philadelphia (COL-Adjusted)

Salaries adjusted for Philadelphia's cost of living index of 150 (national average = 100).

Entry Level (0-2 yrs)
$120,000(+$40,000 vs national)
Mid Career (5-9 yrs)
$172,500(+$57,500 vs national)
Senior Level (15+ yrs)
$213,000(+$71,000 vs national)

Note: National average Electrical Engineering salary: $80,000 starting, $115,000 mid-career, $142,000 senior level.Philadelphia adjustment factor: 1.50x based on the local cost of living index.

Electrical Engineering ROI Calculator for Philadelphia

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

Public avg: $18,526 | Private avg: $59,845

Philadelphia avg aid: $10,866/yr

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

Total Education Cost

$152,660

tuition + room & board - aid

Annual Earnings Premium

$67,500

vs HS diploma in Philadelphia

ROI Payback Period

2.3 years

to break even

Lifetime Return in Philadelphia

$1,347,340

Lifetime earnings premium ($1,500,000) minus total education cost ($152,660)

Student Loan Payoff for Electrical Engineering in Philadelphia

Standard Plan (10 years)

Loan Amount$152,660
Monthly Payment$1,733
Total Interest$55,351
% of Monthly Income17%

Aggressive Plan (5 years)

Loan Amount$152,660
Monthly Payment$2,987
Total Interest$26,558
Interest Savings$28,793

Colleges in Philadelphia for Electrical Engineering

University of Pennsylvania

private

$63,452/yr

$253,808 total

Temple University

public

$18,526/yr

$74,104 total

Drexel University

private

$56,238/yr

$224,952 total

Community Colleges (2-Year Transfer)

Community College of Philadelphia

$6,378/yr

Top Employers for Electrical Engineering in Philadelphia

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

IntelTexas InstrumentsQualcommAppleTesla

Key Philadelphia Hiring Sectors for Engineering

Engineering firms

Manufacturing

Defense contractors

Energy companies

Construction firms

Common Electrical Engineering Job Titles

Electrical EngineerHardware EngineerControls Engineer

Methodology & Education Data Sources

How we calculate Electrical Engineering degree outcomes in Philadelphia, PA: Our salary projections, ROI estimates, and tuition data combine multiple federal datasets to provide a localized view of education economics. We use a 10-year career-trajectory model standard in higher education research.

  1. Tuition data sourced from IPEDS (Integrated Postsecondary Education Data System), the federal education statistics database operated by NCES. Average tuition for Electrical Engineering programs reflects 4-year public/private weighted averages for Pennsylvania.
  2. Career salary projections based on BLS Occupational Employment and Wage Statistics, with cost-of-living adjustments for Philadelphia using regional CPI data.
  3. 10-year ROI calculates: (Total Career Earnings With Degree) − (Total Career Earnings Without Degree) − (Total Education Cost Including Interest on Loans).
  4. Job market outlook for Electrical Engineering graduates uses BLS Occupational Outlook Handbook 10-year projections (2024-2034 base period).
  5. Default rates and loan data sourced from College Scorecard (US Department of Education), which tracks repayment outcomes by institution.

Authoritative US education data sources:

Education Disclaimer: Salary and ROI estimates are projections based on national and state-level averages. Individual outcomes depend on institution prestige, GPA, internships, location, network, and economic conditions. Always verify current tuition with the institution directly, and consult a financial aid counselor before taking on student loans. Use the Federal Loan Simulator to model repayment scenarios.

Reviewed by Brazora Monk · Last updated 2026 · IPEDS & BLS data current as of latest annual release

Financial Aid Resources for Philadelphia Students

Beyond federal aid (FAFSA), Pennsylvania students have access to state-specific grants, scholarships, and tuition assistance programs. The 2026-27 FAFSA also added a new Low Earnings Indicator (Dec 2025) flagging programs where graduates earn less than non-college peers — check your target school's status:

📋 Federal Aid (FAFSA)

Pell Grant up to $7,395/yr (2026-27). Subsidized loans at 6.53% (academic year 25-26):

🏛️ State Grants (Pennsylvania)

State-specific grants stack with federal aid:

🎓 College Outcomes Data

Verify earnings + debt before enrolling:

💰 Scholarship Search

Free, official, scam-free scholarship databases:

2026-27 FAFSA tip: The new Low Earnings Indicator flags programs where graduates earn less than non-graduates. Check this before enrolling. Speak with a NASFAA-credentialed financial aid counselor at your target school.

Electrical Engineering Degree in Philadelphia — 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 Philadelphia.

Frequently Asked Questions

Related Calculators