DegreeCalc

Nursing Degree in Waukegan, IL — Salary & ROI 2026

Nursing degree analysis for Waukegan, IL. COL-adjusted salary data, local tuition costs, ROI calculator, and job market outlook.

Starting Salary

$61K

COL-adjusted

Mid-Career

$74K

COL-adjusted

ROI Payback

3.9 yrs

in Waukegan

Cost of Living

90.3

index (100 = avg)

Nursing in Waukegan, IL Overview

While Waukegan has a smaller college scene with 4 institutions, Nursing students benefit from the close-knit academic community. Room and board averages $13,641/year, and the car-friendly layout shapes the student experience. Nursing has seen growing enrollment nationally, reflecting rising employer demand for Patient Care and Clinical Assessment skills. The adjusted starting salary in Waukegan is approximately $61,404.

Category

Healthcare

Local Colleges

4

Public Tuition

$15,400/yr

Private Tuition

$38,000/yr

Room & Board

$13,641/yr

Avg Fin. Aid

$13,734/yr

Unemployment

5.1%

Graduation Rate

74%

Nursing Salary in Waukegan (COL-Adjusted)

Salaries adjusted for Waukegan's cost of living index of 90.3 (national average = 100).

Entry Level (0-2 yrs)
$61,404($-6,596 vs national)
Mid Career (5-9 yrs)
$74,046($-7,954 vs national)
Senior Level (15+ yrs)
$85,785($-9,215 vs national)

Note: National average Nursing salary: $68,000 starting, $82,000 mid-career, $95,000 senior level.Waukegan adjustment factor: 0.90x based on the local cost of living index.

Nursing ROI Calculator for Waukegan

Estimate your return on investment for a Nursing degree using local Waukegan tuition and cost of living data.

Public avg: $15,400 | Private avg: $38,000

Waukegan avg aid: $13,734/yr

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

Total Education Cost

$116,164

tuition + room & board - aid

Annual Earnings Premium

$29,799

vs HS diploma in Waukegan

ROI Payback Period

3.9 years

to break even

Lifetime Return in Waukegan

$515,936

Lifetime earnings premium ($632,100) minus total education cost ($116,164)

Student Loan Payoff for Nursing in Waukegan

Standard Plan (10 years)

Loan Amount$116,164
Monthly Payment$1,319
Total Interest$42,118
% of Monthly Income26%

Aggressive Plan (5 years)

Loan Amount$116,164
Monthly Payment$2,273
Total Interest$20,209
Interest Savings$21,909

Colleges in Waukegan for Nursing

Waukegan State University

public

$15,619/yr

$62,476 total

Community Colleges (2-Year Transfer)

Waukegan Community College

$4,848/yr

Top Employers for Nursing in Waukegan

Waukegan offers opportunities in Hospitals, Medical centers, Private practices for Nursing graduates. National top employers in this field include:

HCA HealthcareKaiser PermanenteMayo ClinicCleveland ClinicVA Hospitals

Key Waukegan Hiring Sectors for Healthcare

Hospitals

Medical centers

Private practices

Health systems

Pharma companies

Common Nursing Job Titles

Registered NurseNurse PractitionerClinical Nurse Specialist

Nursing Degree in Waukegan — 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 Nursing ROI in other cities, or explore other majors in Waukegan.

Frequently Asked Questions

Related Calculators