Mining Engineering Degree in Albuquerque, NM — Salary & ROI 2026
Mining Engineering degree analysis for Albuquerque, NM. COL-adjusted salary data, local tuition costs, ROI calculator, and job market outlook.
Starting Salary
$56K
COL-adjusted
Mid-Career
$122K
COL-adjusted
ROI Payback
4.5 yrs
in Albuquerque
Cost of Living
111
index (100 = avg)
Mining Engineering in Albuquerque, NM Overview
Albuquerque is one of New Mexico's top college towns, with 40 institutions and a student population of 37,837. Public tuition averages $4,872/year here — well below the national average, making it a cost-effective choice. Mining Engineering enrollment is stable nationwide, with steady demand for graduates skilled in Mine Design and Explosives. The adjusted starting salary in Albuquerque is approximately $55,500, growing to $122,100 by mid-career.
Category
Engineering
Local Colleges
40
Public Tuition
$4,872/yr
Private Tuition
$14,580/yr
Room & Board
$13,830/yr
Avg Fin. Aid
$13,246/yr
Unemployment
4.4%
Graduation Rate
70%
Mining Engineering Salary in Albuquerque (COL-Adjusted)
Salaries adjusted for Albuquerque's cost of living index of 111 (national average = 100).
Note: National average Mining Engineering salary: $50,000 starting, $110,000 mid-career, $135,000 senior level.Albuquerque adjustment factor: 1.11x based on the local cost of living index.
Mining Engineering ROI Calculator for Albuquerque
Estimate your return on investment for a Mining Engineering degree using local Albuquerque tuition and cost of living data.
Public avg: $4,872 | Private avg: $14,580
Albuquerque avg aid: $13,246/yr
Federal avg: 6.5% | Private: 4-14%
Total Education Cost
$74,808
tuition + room & board - aid
Annual Earnings Premium
$16,650
vs HS diploma in Albuquerque
ROI Payback Period
4.5 years
to break even
Lifetime Return in Albuquerque
$901,992
Lifetime earnings premium ($976,800) minus total education cost ($74,808)
Student Loan Payoff for Mining Engineering in Albuquerque
Standard Plan (10 years)
Aggressive Plan (5 years)
Colleges in Albuquerque for Mining Engineering
University of New Mexico
public
$8,064/yr
$32,256 total
National American University
private
$14,580/yr
$58,320 total
Southwestern Indian Polytechnic Institute
public
$1,680/yr
$6,720 total
Community Colleges (2-Year Transfer)
Central New Mexico Community College
$1,848/yr
Top Employers for Mining Engineering in Albuquerque
Albuquerque offers opportunities in Engineering firms, Manufacturing, Defense contractors for Mining Engineering graduates. National top employers in this field include:
Key Albuquerque Hiring Sectors for Engineering
Engineering firms
Manufacturing
Defense contractors
Energy companies
Construction firms
Common Mining Engineering Job Titles
Mining Engineering in Nearby New Mexico Cities
Other Engineering Majors in Albuquerque
Petroleum Engineering
$56K starting · 2.5 yr ROI
Computer Engineering
$56K starting · 3 yr ROI
Chemical Engineering
$91K starting · 3.2 yr ROI
Nuclear Engineering
$56K starting · 3.3 yr ROI
Electrical Engineering
$89K starting · 3.3 yr ROI
Aerospace Engineering
$89K starting · 3.5 yr ROI
Mechanical Engineering
$87K starting · 3.5 yr ROI
Materials Science & Engineering
$56K starting · 3.8 yr ROI
Mining Engineering Degree in Albuquerque — 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 Mining Engineering ROI in other cities, or explore other majors in Albuquerque.