Petroleum Engineering Degree in Austin, TX — Salary & ROI 2026
Petroleum Engineering degree analysis for Austin, TX. COL-adjusted salary data, local tuition costs, ROI calculator, and job market outlook.
Starting Salary
$54K
COL-adjusted
Mid-Career
$150K
COL-adjusted
ROI Payback
6 yrs
in Austin
Cost of Living
107
index (100 = avg)
Petroleum Engineering in Austin, TX Overview
Austin is one of Texas's top college towns, with 30 institutions and a student population of 206,177. Public tuition averages $11,448/year here — well below the national average, making it a cost-effective choice. 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 Austin is approximately $53,500, growing to $149,800 by mid-career.
Category
Engineering
Local Colleges
30
Public Tuition
$11,448/yr
Private Tuition
$31,126/yr
Room & Board
$12,563/yr
Avg Fin. Aid
$11,991/yr
Unemployment
5.8%
Graduation Rate
58%
Petroleum Engineering Salary in Austin (COL-Adjusted)
Salaries adjusted for Austin's cost of living index of 107 (national average = 100).
Note: National average Petroleum Engineering salary: $50,000 starting, $140,000 mid-career, $175,000 senior level.Austin adjustment factor: 1.07x based on the local cost of living index.
Petroleum Engineering ROI Calculator for Austin
Estimate your return on investment for a Petroleum Engineering degree using local Austin tuition and cost of living data.
Public avg: $11,448 | Private avg: $31,126
Austin avg aid: $11,991/yr
Federal avg: 6.5% | Private: 4-14%
Total Education Cost
$96,044
tuition + room & board - aid
Annual Earnings Premium
$16,050
vs HS diploma in Austin
ROI Payback Period
6 years
to break even
Lifetime Return in Austin
$1,294,956
Lifetime earnings premium ($1,391,000) minus total education cost ($96,044)
Student Loan Payoff for Petroleum Engineering in Austin
Standard Plan (10 years)
Aggressive Plan (5 years)
Colleges in Austin for Petroleum Engineering
University of Texas at Austin
public
$11,448/yr
$45,792 total
St. Edward's University
private
$46,872/yr
$187,488 total
Huston-Tillotson University
private
$15,380/yr
$61,520 total
Community Colleges (2-Year Transfer)
Austin Community College
$2,640/yr
Top Employers for Petroleum Engineering in Austin
Austin offers opportunities in Engineering firms, Manufacturing, Defense contractors for Petroleum Engineering graduates. National top employers in this field include:
Key Austin Hiring Sectors for Engineering
Engineering firms
Manufacturing
Defense contractors
Energy companies
Construction firms
Common Petroleum Engineering Job Titles
Petroleum Engineering in Nearby Texas Cities
Houston, TX
$58K starting · COL 115
90 colleges
San Antonio, TX
$60K starting · COL 120
58 colleges
Dallas, TX
$52K starting · COL 104
82 colleges
Fort Worth, TX
$51K starting · COL 101
19 colleges
El Paso, TX
$47K starting · COL 93
38 colleges
Arlington, TX
$47K starting · COL 93.5
14 colleges
Corpus Christi, TX
$41K starting · COL 82
22 colleges
Plano, TX
$43K starting · COL 85
9 colleges
Other Engineering Majors in Austin
Computer Engineering
$54K starting · 3 yr ROI
Chemical Engineering
$88K starting · 3.2 yr ROI
Nuclear Engineering
$54K starting · 3.3 yr ROI
Electrical Engineering
$86K starting · 3.3 yr ROI
Aerospace Engineering
$86K starting · 3.5 yr ROI
Mechanical Engineering
$83K starting · 3.5 yr ROI
Mining Engineering
$54K starting · 3 yr ROI
Materials Science & Engineering
$54K starting · 3.8 yr ROI
Petroleum Engineering Degree in Austin — 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 Austin.