MBA Degree in Norfolk, VA — Salary & ROI 2026
MBA degree analysis for Norfolk, VA. COL-adjusted salary data, local tuition costs, ROI calculator, and job market outlook.
Starting Salary
$0
COL-adjusted
Mid-Career
$0
COL-adjusted
ROI Payback
N/A
in Norfolk
Cost of Living
93
index (100 = avg)
MBA in Norfolk, VA Overview
Norfolk, Virginia (pop. 238,005) has 16 colleges offering MBA programs. The local cost of living index of 93 is near the national average, with average rent near campus at $956/month. MBA enrollment is stable nationwide, with steady demand for graduates skilled in . The adjusted starting salary in Norfolk is approximately $0.
Category
Business
Local Colleges
16
Public Tuition
$10,571/yr
Private Tuition
$25,348/yr
Room & Board
$9,443/yr
Avg Fin. Aid
$15,816/yr
Unemployment
4.6%
Graduation Rate
49%
MBA Salary in Norfolk (COL-Adjusted)
Salaries adjusted for Norfolk's cost of living index of 93 (national average = 100).
Note: National average MBA salary: $0 starting, $0 mid-career, $0 senior level.Norfolk adjustment factor: 0.93x based on the local cost of living index.
MBA ROI Calculator for Norfolk
Estimate your return on investment for a MBA degree using local Norfolk tuition and cost of living data.
Public avg: $10,571 | Private avg: $25,348
Norfolk avg aid: $15,816/yr
Federal avg: 6.5% | Private: 4-14%
Total Education Cost
$80,056
tuition + room & board - aid
Annual Earnings Premium
$-32,550
vs HS diploma in Norfolk
ROI Payback Period
N/A
to break even
Lifetime Return in Norfolk
$-80,056
Lifetime earnings premium ($0) minus total education cost ($80,056)
Student Loan Payoff for MBA in Norfolk
Standard Plan (10 years)
Aggressive Plan (5 years)
Colleges in Norfolk for MBA
Old Dominion University
public
$11,210/yr
$44,840 total
Norfolk State University
public
$9,932/yr
$39,728 total
Community Colleges (2-Year Transfer)
Tidewater Community College Norfolk
$5,340/yr
Top Employers for MBA in Norfolk
Norfolk offers opportunities in Financial services, Consulting firms, Fortune 500 companies for MBA graduates. National top employers in this field include:
Key Norfolk Hiring Sectors for Business
Financial services
Consulting firms
Fortune 500 companies
Startups
Marketing agencies
Common MBA Job Titles
MBA in Nearby Virginia Cities
Virginia Beach, VA
$0 starting · COL 88
13 colleges
Chesapeake, VA
$0 starting · COL 91
12 colleges
Arlington, VA
$0 starting · COL 142.5
9 colleges
Richmond, VA
$0 starting · COL 100
11 colleges
Newport News, VA
$0 starting · COL 92.5
7 colleges
Alexandria, VA
$0 starting · COL 102
8 colleges
Hampton, VA
$0 starting · COL 97
7 colleges
Roanoke, VA
$0 starting · COL 88.5
4 colleges
Other Business Majors in Norfolk
Business Analytics
$73K starting · 2 yr ROI
Finance
$65K starting · 3.5 yr ROI
Economics
$60K starting · 4 yr ROI
Information Systems
$47K starting · 3.3 yr ROI
Supply Chain Management
$47K starting · 3.5 yr ROI
Operations Management
$47K starting · 3.8 yr ROI
Accounting
$58K starting · 3.8 yr ROI
Real Estate
$47K starting · 4 yr ROI
MBA Degree in Norfolk — 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 MBA ROI in other cities, or explore other majors in Norfolk.