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Mining Engineering Degree in Chicago, IL — Salary & ROI 2026

Mining 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

$120K

COL-adjusted

ROI Payback

5.9 yrs

in Chicago

Cost of Living

109

index (100 = avg)

Mining 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. Mining Engineering enrollment is stable nationwide, with steady demand for graduates skilled in Mine Design and Explosives. The adjusted starting salary in Chicago is approximately $54,500, growing to $119,900 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%

Mining 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)
$119,900(+$9,900 vs national)
Senior Level (15+ yrs)
$147,150(+$12,150 vs national)

Note: National average Mining Engineering salary: $50,000 starting, $110,000 mid-career, $135,000 senior level.Chicago adjustment factor: 1.09x based on the local cost of living index.

Mining Engineering ROI Calculator for Chicago

Estimate your return on investment for a Mining 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

$863,468

Lifetime earnings premium ($959,200) minus total education cost ($95,732)

Student Loan Payoff for Mining 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 Mining 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 Mining Engineering in Chicago

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

Freeport-McMoRanRio TintoBHPNewmontCaterpillar

Key Chicago Hiring Sectors for Engineering

Engineering firms

Manufacturing

Defense contractors

Energy companies

Construction firms

Common Mining Engineering Job Titles

Mining EngineerMine ManagerGeological Engineer

Mining 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 Mining Engineering ROI in other cities, or explore other majors in Chicago.

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