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Mining Engineering Degree in Toledo, OH — Salary & ROI 2026

Mining Engineering degree analysis for Toledo, OH. COL-adjusted salary data, local tuition costs, ROI calculator, and job market outlook.

Starting Salary

$54K

COL-adjusted

Mid-Career

$119K

COL-adjusted

ROI Payback

4.9 yrs

in Toledo

Cost of Living

108

index (100 = avg)

Mining Engineering in Toledo, OH Overview

Toledo, Ohio (pop. 270,871) has 16 colleges offering Mining Engineering programs. The local cost of living index of 108 is near the national average, with average rent near campus at $1,025/month. Mining Engineering enrollment is stable nationwide, with steady demand for graduates skilled in Mine Design and Explosives. The adjusted starting salary in Toledo is approximately $54,000, growing to $118,800 by mid-career.

Category

Engineering

Local Colleges

16

Public Tuition

$10,630/yr

Private Tuition

$40,789/yr

Room & Board

$9,344/yr

Avg Fin. Aid

$8,457/yr

Unemployment

4.8%

Graduation Rate

66%

Mining Engineering Salary in Toledo (COL-Adjusted)

Salaries adjusted for Toledo's cost of living index of 108 (national average = 100).

Entry Level (0-2 yrs)
$54,000(+$4,000 vs national)
Mid Career (5-9 yrs)
$118,800(+$8,800 vs national)
Senior Level (15+ yrs)
$145,800(+$10,800 vs national)

Note: National average Mining Engineering salary: $50,000 starting, $110,000 mid-career, $135,000 senior level.Toledo adjustment factor: 1.08x based on the local cost of living index.

Mining Engineering ROI Calculator for Toledo

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

Public avg: $10,630 | Private avg: $40,789

Toledo avg aid: $8,457/yr

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

Total Education Cost

$79,896

tuition + room & board - aid

Annual Earnings Premium

$16,200

vs HS diploma in Toledo

ROI Payback Period

4.9 years

to break even

Lifetime Return in Toledo

$870,504

Lifetime earnings premium ($950,400) minus total education cost ($79,896)

Student Loan Payoff for Mining Engineering in Toledo

Standard Plan (10 years)

Loan Amount$79,896
Monthly Payment$907
Total Interest$28,968
% of Monthly Income20%

Aggressive Plan (5 years)

Loan Amount$79,896
Monthly Payment$1,563
Total Interest$13,899
Interest Savings$15,069

Colleges in Toledo for Mining Engineering

University of Toledo

public

$10,630/yr

$42,520 total

Community Colleges (2-Year Transfer)

Owens Community College

$4,344/yr

Top Employers for Mining Engineering in Toledo

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

Freeport-McMoRanRio TintoBHPNewmontCaterpillar

Key Toledo 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 Toledo — 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 Toledo.

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