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Electrical Engineering Degree in South Bend, IN — Salary & ROI 2026

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

Starting Salary

$71K

COL-adjusted

Mid-Career

$102K

COL-adjusted

ROI Payback

2.1 yrs

in South Bend

Cost of Living

89

index (100 = avg)

Electrical Engineering in South Bend, IN Overview

South Bend, Indiana (pop. 103,453) has 9 colleges offering Electrical Engineering programs. The local cost of living index of 89 keeps student expenses low, with average rent near campus at $1,010/month. Electrical Engineering enrollment is stable nationwide, with steady demand for graduates skilled in Circuit Design and Signal Processing. The adjusted starting salary in South Bend is approximately $71,200.

Category

Engineering

Local Colleges

9

Public Tuition

$9,463/yr

Private Tuition

$60,301/yr

Room & Board

$11,568/yr

Avg Fin. Aid

$8,347/yr

Unemployment

5.2%

Graduation Rate

62%

Electrical Engineering Salary in South Bend (COL-Adjusted)

Salaries adjusted for South Bend's cost of living index of 89 (national average = 100).

Entry Level (0-2 yrs)
$71,200($-8,800 vs national)
Mid Career (5-9 yrs)
$102,350($-12,650 vs national)
Senior Level (15+ yrs)
$126,380($-15,620 vs national)

Note: National average Electrical Engineering salary: $80,000 starting, $115,000 mid-career, $142,000 senior level.South Bend adjustment factor: 0.89x based on the local cost of living index.

Electrical Engineering ROI Calculator for South Bend

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

Public avg: $9,463 | Private avg: $60,301

South Bend avg aid: $8,347/yr

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

Total Education Cost

$84,124

tuition + room & board - aid

Annual Earnings Premium

$40,050

vs HS diploma in South Bend

ROI Payback Period

2.1 years

to break even

Lifetime Return in South Bend

$805,876

Lifetime earnings premium ($890,000) minus total education cost ($84,124)

Student Loan Payoff for Electrical Engineering in South Bend

Standard Plan (10 years)

Loan Amount$84,124
Monthly Payment$955
Total Interest$30,501
% of Monthly Income16%

Aggressive Plan (5 years)

Loan Amount$84,124
Monthly Payment$1,646
Total Interest$14,635
Interest Savings$15,866

Colleges in South Bend for Electrical Engineering

University of Notre Dame

private

$60,301/yr

$241,204 total

Community Colleges (2-Year Transfer)

Ivy Tech Community College South Bend

$4,540/yr

Top Employers for Electrical Engineering in South Bend

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

IntelTexas InstrumentsQualcommAppleTesla

Key South Bend 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 South Bend — 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 South Bend.

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