DegreeCalc

Fine Arts Degree in Elgin, IL — Salary & ROI 2026

Fine Arts degree analysis for Elgin, IL. COL-adjusted salary data, local tuition costs, ROI calculator, and job market outlook.

Starting Salary

$40K

COL-adjusted

Mid-Career

$41K

COL-adjusted

ROI Payback

6.8 yrs

in Elgin

Cost of Living

79

index (100 = avg)

Fine Arts in Elgin, IL Overview

Elgin, Illinois (pop. 114,797) has 13 colleges offering Fine Arts programs. The local cost of living index of 79 keeps student expenses low, with average rent near campus at $1,008/month. Although national enrollment in Fine Arts has been declining, graduates with skills in Drawing and Painting remain competitive in the job market. The adjusted starting salary in Elgin is approximately $39,500.

Category

Arts & Design

Local Colleges

13

Public Tuition

$10,014/yr

Private Tuition

$30,900/yr

Room & Board

$9,983/yr

Avg Fin. Aid

$15,897/yr

Unemployment

4.7%

Graduation Rate

47%

Fine Arts Salary in Elgin (COL-Adjusted)

Salaries adjusted for Elgin's cost of living index of 79 (national average = 100).

Entry Level (0-2 yrs)
$39,500($-10,500 vs national)
Mid Career (5-9 yrs)
$41,080($-10,920 vs national)
Senior Level (15+ yrs)
$51,350($-13,650 vs national)

Note: National average Fine Arts salary: $50,000 starting, $52,000 mid-career, $65,000 senior level.Elgin adjustment factor: 0.79x based on the local cost of living index.

Fine Arts ROI Calculator for Elgin

Estimate your return on investment for a Fine Arts degree using local Elgin tuition and cost of living data.

Public avg: $10,014 | Private avg: $30,900

Elgin avg aid: $15,897/yr

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

Total Education Cost

$79,988

tuition + room & board - aid

Annual Earnings Premium

$11,850

vs HS diploma in Elgin

ROI Payback Period

6.8 years

to break even

Lifetime Return in Elgin

$-988

Lifetime earnings premium ($79,000) minus total education cost ($79,988)

Student Loan Payoff for Fine Arts in Elgin

Standard Plan (10 years)

Loan Amount$79,988
Monthly Payment$908
Total Interest$29,002
% of Monthly Income28%

Aggressive Plan (5 years)

Loan Amount$79,988
Monthly Payment$1,565
Total Interest$13,915
Interest Savings$15,086

Colleges in Elgin for Fine Arts

Judson University

private

$30,900/yr

$123,600 total

Community Colleges (2-Year Transfer)

Elgin Community College

$4,980/yr

Top Employers for Fine Arts in Elgin

Elgin offers opportunities in Design agencies, Studios, Tech companies for Fine Arts graduates. National top employers in this field include:

GalleriesMuseumsSelf-EmployedSchoolsDesign Firms

Key Elgin Hiring Sectors for Arts & Design

Design agencies

Studios

Tech companies

Advertising firms

Media companies

Common Fine Arts Job Titles

ArtistArt TeacherGallery ManagerArt Therapist

Fine Arts Degree in Elgin — 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 Fine Arts ROI in other cities, or explore other majors in Elgin.

Frequently Asked Questions

Related Calculators