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

Materials Science & Engineering 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

$85K

COL-adjusted

ROI Payback

6.8 yrs

in Elgin

Cost of Living

79

index (100 = avg)

Materials Science & Engineering in Elgin, IL Overview

Elgin, Illinois (pop. 114,797) has 13 colleges offering Materials Science & Engineering programs. The local cost of living index of 79 keeps student expenses low, with average rent near campus at $1,008/month. Materials Science & Engineering enrollment is stable nationwide, with steady demand for graduates skilled in Metallurgy and Polymer Science. The adjusted starting salary in Elgin is approximately $39,500, growing to $85,320 by mid-career.

Category

Engineering

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%

Materials Science & Engineering 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)
$85,320($-22,680 vs national)
Senior Level (15+ yrs)
$106,650($-28,350 vs national)

Note: National average Materials Science & Engineering salary: $50,000 starting, $108,000 mid-career, $135,000 senior level.Elgin adjustment factor: 0.79x based on the local cost of living index.

Materials Science & Engineering ROI Calculator for Elgin

Estimate your return on investment for a Materials Science & Engineering 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

$631,012

Lifetime earnings premium ($711,000) minus total education cost ($79,988)

Student Loan Payoff for Materials Science & Engineering 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 Materials Science & Engineering

Judson University

private

$30,900/yr

$123,600 total

Community Colleges (2-Year Transfer)

Elgin Community College

$4,980/yr

Top Employers for Materials Science & Engineering in Elgin

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

IntelApple3MCorningBoeing

Key Elgin 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 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 Materials Science & Engineering ROI in other cities, or explore other majors in Elgin.

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