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Mechanical Engineering Degree in Raleigh, NC — Salary & ROI 2026

Mechanical Engineering degree analysis for Raleigh, NC. COL-adjusted salary data, local tuition costs, ROI calculator, and job market outlook.

Starting Salary

$65K

COL-adjusted

Mid-Career

$91K

COL-adjusted

ROI Payback

2.2 yrs

in Raleigh

Cost of Living

83

index (100 = avg)

Mechanical Engineering in Raleigh, NC Overview

Raleigh is one of North Carolina's top college towns, with 21 institutions and a student population of 113,809. Public tuition averages $9,101/year here — well below the national average, making it a cost-effective choice. Mechanical Engineering enrollment is stable nationwide, with steady demand for graduates skilled in CAD and Thermodynamics. The adjusted starting salary in Raleigh is approximately $64,740.

Category

Engineering

Local Colleges

21

Public Tuition

$9,101/yr

Private Tuition

$30,399/yr

Room & Board

$10,389/yr

Avg Fin. Aid

$7,262/yr

Unemployment

3.4%

Graduation Rate

62%

Mechanical Engineering Salary in Raleigh (COL-Adjusted)

Salaries adjusted for Raleigh's cost of living index of 83 (national average = 100).

Entry Level (0-2 yrs)
$64,740($-13,260 vs national)
Mid Career (5-9 yrs)
$91,300($-18,700 vs national)
Senior Level (15+ yrs)
$114,540($-23,460 vs national)

Note: National average Mechanical Engineering salary: $78,000 starting, $110,000 mid-career, $138,000 senior level.Raleigh adjustment factor: 0.83x based on the local cost of living index.

Mechanical Engineering ROI Calculator for Raleigh

Estimate your return on investment for a Mechanical Engineering degree using local Raleigh tuition and cost of living data.

Public avg: $9,101 | Private avg: $30,399

Raleigh avg aid: $7,262/yr

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

Total Education Cost

$77,960

tuition + room & board - aid

Annual Earnings Premium

$35,690

vs HS diploma in Raleigh

ROI Payback Period

2.2 years

to break even

Lifetime Return in Raleigh

$710,540

Lifetime earnings premium ($788,500) minus total education cost ($77,960)

Student Loan Payoff for Mechanical Engineering in Raleigh

Standard Plan (10 years)

Loan Amount$77,960
Monthly Payment$885
Total Interest$28,266
% of Monthly Income16%

Aggressive Plan (5 years)

Loan Amount$77,960
Monthly Payment$1,525
Total Interest$13,563
Interest Savings$14,704

Colleges in Raleigh for Mechanical Engineering

North Carolina State University

public

$9,101/yr

$36,404 total

Meredith College

private

$42,074/yr

$168,296 total

Shaw University

private

$18,724/yr

$74,896 total

Community Colleges (2-Year Transfer)

Wake Technical Community College

$2,864/yr

Top Employers for Mechanical Engineering in Raleigh

Raleigh offers opportunities in Engineering firms, Manufacturing, Defense contractors for Mechanical Engineering graduates. National top employers in this field include:

BoeingLockheed MartinTeslaGESpaceX

Key Raleigh Hiring Sectors for Engineering

Engineering firms

Manufacturing

Defense contractors

Energy companies

Construction firms

Common Mechanical Engineering Job Titles

Mechanical EngineerDesign EngineerManufacturing Engineer

Mechanical Engineering Degree in Raleigh — 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 Mechanical Engineering ROI in other cities, or explore other majors in Raleigh.

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