What is the starting salary for Petroleum Engineering graduates in Alexandria?

The estimated starting salary for Petroleum Engineering graduates in Alexandria, VA is $51,000 per year, adjusted for the local cost of living index of 102. The national average starting salary for this major is $50,000. Salaries in Alexandria are 2% higher than the national average due to cost of living differences.

Is a Petroleum Engineering degree worth it in Alexandria?

A Petroleum Engineering degree in Alexandria has an estimated ROI payback period of 6.3 years, with a projected lifetime return of $1,230,016 after subtracting education costs. With 8 colleges in the area and average public tuition of $14,726/year, Alexandria offers affordable options for this degree. The local unemployment rate of 4.5% and the major's national unemployment rate of 4.5% should also factor into your decision.

How much does it cost to study Petroleum Engineering in Alexandria?

The average annual public university tuition in Alexandria is $14,726, while private universities average $40,924/year. Including room and board ($9,270/year), total 4-year costs range from $95,984 at a public school to $200,776 at a private institution. Average financial aid per student in Alexandria is $8,142/year.

What jobs can Petroleum Engineering graduates get in Alexandria?

Petroleum Engineering graduates in Alexandria can pursue careers as Petroleum Engineer, Reservoir Engineer, Drilling Engineer. Key skills valued by local employers include Reservoir Engineering, Drilling, Production Optimization, Geomechanics. The Alexandria job market features Engineering firms, Manufacturing, Defense contractors among the top hiring sectors for this field. National top employers include ExxonMobil, Chevron, Shell.

How long to pay off student loans for Petroleum Engineering in Alexandria?

With a standard 10-year repayment plan at 6.5% interest, Petroleum Engineering graduates in Alexandria would pay $1,090/month on an estimated $95,984 in loans, with $34,801 in total interest. An aggressive 5-year plan would require $1,878/month but save $18,103 in interest. With a COL-adjusted starting salary of $51,000, monthly payments would represent 26% of gross monthly income.

Petroleum Engineering Degree in Alexandria, VA — Salary & ROI 2026

Petroleum Engineering degree analysis for Alexandria, VA. COL-adjusted salary data, local tuition costs, ROI calculator, and job market outlook.

Starting Salary

$51K

COL-adjusted

Mid-Career

$143K

COL-adjusted

ROI Payback

6.3 yrs

in Alexandria

Cost of Living

102

index (100 = avg)

Petroleum Engineering in Alexandria, VA Overview

Alexandria, Virginia (pop. 159,467) has 8 colleges offering Petroleum Engineering programs. The local cost of living index of 102 is near the national average, with average rent near campus at $930/month. Although national enrollment in Petroleum Engineering has been declining, graduates with skills in Reservoir Engineering and Drilling remain competitive in the job market. The adjusted starting salary in Alexandria is approximately $51,000, growing to $142,800 by mid-career.

Petroleum Engineering Salary in Alexandria (COL-Adjusted)

Salaries adjusted for Alexandria's cost of living index of 102 (national average = 100).

Entry Level (0-2 yrs)

$51,000(+$1,000 vs national)

Mid Career (5-9 yrs)

$142,800(+$2,800 vs national)

Senior Level (15+ yrs)

$178,500(+$3,500 vs national)

Note: National average Petroleum Engineering salary: $50,000 starting, $140,000 mid-career, $175,000 senior level.Alexandria adjustment factor: 1.02x based on the local cost of living index.

Petroleum Engineering ROI Calculator for Alexandria

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

Annual Tuition ($)

Public avg: $14,726 | Private avg: $40,924

Years of Study

Annual Financial Aid ($)

Alexandria avg aid: $8,142/yr

Student Loan Rate (%)

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

Total Education Cost

$95,984

tuition + room & board - aid

Annual Earnings Premium

$15,300

vs HS diploma in Alexandria

ROI Payback Period

6.3 years

to break even

Lifetime Return in Alexandria

$1,230,016

Lifetime earnings premium ($1,326,000) minus total education cost ($95,984)

Student Loan Payoff for Petroleum Engineering in Alexandria

Standard Plan (10 years)

Loan Amount$95,984

Monthly Payment$1,090

Total Interest$34,801

% of Monthly Income26%

Aggressive Plan (5 years)

Loan Amount$95,984

Monthly Payment$1,878

Total Interest$16,698

Interest Savings$18,103

Colleges in Alexandria for Petroleum Engineering

Virginia Tech Northern Virginia

public

$14,726/yr

$58,904 total

Community Colleges (2-Year Transfer)

Northern Virginia Community College

$5,340/yr

Top Employers for Petroleum Engineering in Alexandria

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

ExxonMobilChevronShellSchlumbergerHalliburton

Key Alexandria Hiring Sectors for Engineering

Engineering firms

Manufacturing

Defense contractors

Energy companies

Construction firms

Common Petroleum Engineering Job Titles

Petroleum EngineerReservoir EngineerDrilling Engineer

Petroleum Engineering in Nearby Virginia Cities

Virginia Beach, VA

$44K starting · COL 88

13 colleges

Chesapeake, VA

$46K starting · COL 91

12 colleges

Arlington, VA

$71K starting · COL 142.5

9 colleges

Norfolk, VA

$47K starting · COL 93

16 colleges

Richmond, VA

$50K starting · COL 100

11 colleges

Newport News, VA

$46K starting · COL 92.5

7 colleges

Hampton, VA

$49K starting · COL 97

7 colleges

Roanoke, VA

$44K starting · COL 88.5

4 colleges

Other Engineering Majors in Alexandria

Computer Engineering

$51K starting · 3 yr ROI

Chemical Engineering

$84K starting · 3.2 yr ROI

Nuclear Engineering

$51K starting · 3.3 yr ROI

Electrical Engineering

$82K starting · 3.3 yr ROI

Aerospace Engineering

$82K starting · 3.5 yr ROI

Mechanical Engineering

$80K starting · 3.5 yr ROI

Mining Engineering

$51K starting · 3 yr ROI

Architectural Engineering

$80K starting · 2.5 yr ROI

Methodology & Education Data Sources

How we calculate Petroleum Engineering degree outcomes in Alexandria, VA: Our salary projections, ROI estimates, and tuition data combine multiple federal datasets to provide a localized view of education economics. We use a 10-year career-trajectory model standard in higher education research.

Tuition data sourced from IPEDS (Integrated Postsecondary Education Data System), the federal education statistics database operated by NCES. Average tuition for Petroleum Engineering programs reflects 4-year public/private weighted averages for Virginia.
Career salary projections based on BLS Occupational Employment and Wage Statistics, with cost-of-living adjustments for Alexandria using regional CPI data.
10-year ROI calculates: (Total Career Earnings With Degree) − (Total Career Earnings Without Degree) − (Total Education Cost Including Interest on Loans).
Job market outlook for Petroleum Engineering graduates uses BLS Occupational Outlook Handbook 10-year projections (2024-2034 base period).
Default rates and loan data sourced from College Scorecard (US Department of Education), which tracks repayment outcomes by institution.

Authoritative US education data sources:

IPEDS — Integrated Postsecondary Education Data — official federal college data
College Scorecard (US Dept of Education) — earnings, debt, completion rates
BLS Occupational Outlook Handbook — Petroleum Engineering career projections
Federal Student Aid (FAFSA) — official US student loan and grant info
NCES Digest of Education Statistics — comprehensive education data
BLS Occupational Employment and Wages — entry-level salary data for Petroleum Engineering grads

Education Disclaimer: Salary and ROI estimates are projections based on national and state-level averages. Individual outcomes depend on institution prestige, GPA, internships, location, network, and economic conditions. Always verify current tuition with the institution directly, and consult a financial aid counselor before taking on student loans. Use the Federal Loan Simulator to model repayment scenarios.

Reviewed by Brazora Monk · Last updated 2026 · IPEDS & BLS data current as of latest annual release

Financial Aid Resources for Alexandria Students

Beyond federal aid (FAFSA), Virginia students have access to state-specific grants, scholarships, and tuition assistance programs. The 2026-27 FAFSA also added a new Low Earnings Indicator (Dec 2025) flagging programs where graduates earn less than non-college peers — check your target school's status:

📋 Federal Aid (FAFSA)

Pell Grant up to $7,395/yr (2026-27). Subsidized loans at 6.53% (academic year 25-26):

🏛️ State Grants (Virginia)

State-specific grants stack with federal aid:

• USA.gov — Virginia programs
• NASFAA — State Aid Programs
• Search "virginia higher education commission grants"

🎓 College Outcomes Data

Verify earnings + debt before enrolling:

• College Scorecard — earnings, debt, completion
• NCES College Navigator
• IPEDS Net Price Calculator Center

💰 Scholarship Search

Free, official, scam-free scholarship databases:

2026-27 FAFSA tip: The new Low Earnings Indicator flags programs where graduates earn less than non-graduates. Check this before enrolling. Speak with a NASFAA-credentialed financial aid counselor at your target school.

Petroleum Engineering Degree in Alexandria — 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 Petroleum Engineering ROI in other cities, or explore other majors in Alexandria.

Petroleum Engineering Overview Colleges in Alexandria All Majors