DegreeCalc

Materials Science & Engineering Degree in Chicago, IL — Salary & ROI 2026

Materials Science & Engineering degree analysis for Chicago, IL. COL-adjusted salary data, local tuition costs, ROI calculator, and job market outlook.

Starting Salary

$55K

COL-adjusted

Mid-Career

$118K

COL-adjusted

ROI Payback

5.9 yrs

in Chicago

Cost of Living

109

index (100 = avg)

Materials Science & Engineering in Chicago, IL Overview

Chicago is one of Illinois's top college towns, with 98 institutions and a student population of 177,322. Public tuition averages $14,816/year here — near the national average for public universities. Materials Science & Engineering enrollment is stable nationwide, with steady demand for graduates skilled in Metallurgy and Polymer Science. The adjusted starting salary in Chicago is approximately $54,500, growing to $117,720 by mid-career.

Category

Engineering

Local Colleges

98

Public Tuition

$14,816/yr

Private Tuition

$62,666/yr

Room & Board

$9,117/yr

Avg Fin. Aid

$16,009/yr

Unemployment

4%

Graduation Rate

63%

Materials Science & Engineering Salary in Chicago (COL-Adjusted)

Salaries adjusted for Chicago's cost of living index of 109 (national average = 100).

Entry Level (0-2 yrs)
$54,500(+$4,500 vs national)
Mid Career (5-9 yrs)
$117,720(+$9,720 vs national)
Senior Level (15+ yrs)
$147,150(+$12,150 vs national)

Note: National average Materials Science & Engineering salary: $50,000 starting, $108,000 mid-career, $135,000 senior level.Chicago adjustment factor: 1.09x based on the local cost of living index.

Materials Science & Engineering ROI Calculator for Chicago

Estimate your return on investment for a Materials Science & Engineering degree using local Chicago tuition and cost of living data.

Public avg: $14,816 | Private avg: $62,666

Chicago avg aid: $16,009/yr

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

Total Education Cost

$95,732

tuition + room & board - aid

Annual Earnings Premium

$16,350

vs HS diploma in Chicago

ROI Payback Period

5.9 years

to break even

Lifetime Return in Chicago

$885,268

Lifetime earnings premium ($981,000) minus total education cost ($95,732)

Student Loan Payoff for Materials Science & Engineering in Chicago

Standard Plan (10 years)

Loan Amount$95,732
Monthly Payment$1,087
Total Interest$34,710
% of Monthly Income24%

Aggressive Plan (5 years)

Loan Amount$95,732
Monthly Payment$1,873
Total Interest$16,654
Interest Savings$18,056

Colleges in Chicago for Materials Science & Engineering

University of Chicago

private

$62,940/yr

$251,760 total

Northwestern University

private

$62,391/yr

$249,564 total

University of Illinois at Chicago

public

$14,816/yr

$59,264 total

Community Colleges (2-Year Transfer)

City Colleges of Chicago

$3,918/yr

Top Employers for Materials Science & Engineering in Chicago

Chicago offers opportunities in Engineering firms, Manufacturing, Defense contractors for Materials Science & Engineering graduates. National top employers in this field include:

IntelApple3MCorningBoeing

Key Chicago Hiring Sectors for Engineering

Engineering firms

Manufacturing

Defense contractors

Energy companies

Construction firms

Common Materials Science & Engineering Job Titles

Materials EngineerR&D EngineerMetallurgist

Materials Science & Engineering Degree in Chicago — 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 Materials Science & Engineering ROI in other cities, or explore other majors in Chicago.

Frequently Asked Questions

Related Calculators