Petroleum Engineering Degree in Babylon, NY — Salary & ROI 2026
Petroleum Engineering degree analysis for Babylon, NY. COL-adjusted salary data, local tuition costs, ROI calculator, and job market outlook.
Starting Salary
$76K
COL-adjusted
Mid-Career
$213K
COL-adjusted
ROI Payback
4.5 yrs
in Babylon
Cost of Living
152.3
index (100 = avg)
Petroleum Engineering in Babylon, NY Overview
Babylon, New York (pop. 213,234) has 8 colleges offering Petroleum Engineering programs. The local cost of living index of 152.3 is higher than average, so budget accordingly, with average rent near campus at $1,422/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 Babylon is approximately $76,150, growing to $213,220 by mid-career.
Category
Engineering
Local Colleges
8
Public Tuition
$10,200/yr
Private Tuition
$42,000/yr
Room & Board
$15,785/yr
Avg Fin. Aid
$9,651/yr
Unemployment
4.3%
Graduation Rate
45%
Petroleum Engineering Salary in Babylon (COL-Adjusted)
Salaries adjusted for Babylon's cost of living index of 152.3 (national average = 100).
Note: National average Petroleum Engineering salary: $50,000 starting, $140,000 mid-career, $175,000 senior level.Babylon adjustment factor: 1.52x based on the local cost of living index.
Petroleum Engineering ROI Calculator for Babylon
Estimate your return on investment for a Petroleum Engineering degree using local Babylon tuition and cost of living data.
Public avg: $10,200 | Private avg: $42,000
Babylon avg aid: $9,651/yr
Federal avg: 6.5% | Private: 4-14%
Total Education Cost
$103,940
tuition + room & board - aid
Annual Earnings Premium
$22,845
vs HS diploma in Babylon
ROI Payback Period
4.5 years
to break even
Lifetime Return in Babylon
$1,875,960
Lifetime earnings premium ($1,979,900) minus total education cost ($103,940)
Student Loan Payoff for Petroleum Engineering in Babylon
Standard Plan (10 years)
Aggressive Plan (5 years)
Colleges in Babylon for Petroleum Engineering
Babylon State University
public
$10,397/yr
$41,588 total
University of Babylon
public
$9,997/yr
$39,988 total
Community Colleges (2-Year Transfer)
Babylon Community College
$6,772/yr
New York Technical College - Babylon
$7,061/yr
Top Employers for Petroleum Engineering in Babylon
Babylon offers opportunities in Engineering firms, Manufacturing, Defense contractors for Petroleum Engineering graduates. National top employers in this field include:
Key Babylon Hiring Sectors for Engineering
Engineering firms
Manufacturing
Defense contractors
Energy companies
Construction firms
Common Petroleum Engineering Job Titles
Petroleum Engineering in Nearby New York Cities
New York City, NY
$83K starting · COL 166
49 colleges
New York, NY
$94K starting · COL 187.2
279 colleges
Oyster Bay, NY
$73K starting · COL 145
11 colleges
Buffalo, NY
$61K starting · COL 122
10 colleges
North Hempstead, NY
$71K starting · COL 141.3
9 colleges
Yonkers, NY
$73K starting · COL 145.3
8 colleges
Rochester, NY
$70K starting · COL 140
13 colleges
Huntington, NY
$68K starting · COL 135.6
8 colleges
Other Engineering Majors in Babylon
Computer Engineering
$76K starting · 3 yr ROI
Chemical Engineering
$125K starting · 3.2 yr ROI
Nuclear Engineering
$76K starting · 3.3 yr ROI
Electrical Engineering
$122K starting · 3.3 yr ROI
Aerospace Engineering
$122K starting · 3.5 yr ROI
Mechanical Engineering
$119K starting · 3.5 yr ROI
Mining Engineering
$76K starting · 3 yr ROI
Materials Science & Engineering
$76K starting · 3.8 yr ROI
Petroleum Engineering Degree in Babylon — 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.
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Compare Petroleum Engineering ROI in other cities, or explore other majors in Babylon.