Petroleum Engineering Degree in Fishers, IN — Salary & ROI 2026
Petroleum Engineering degree analysis for Fishers, IN. COL-adjusted salary data, local tuition costs, ROI calculator, and job market outlook.
Starting Salary
$50K
COL-adjusted
Mid-Career
$141K
COL-adjusted
ROI Payback
6.3 yrs
in Fishers
Cost of Living
100.5
index (100 = avg)
Petroleum Engineering in Fishers, IN Overview
While Fishers has a smaller college scene with 4 institutions, Petroleum Engineering students benefit from lower tuition costs. Room and board averages $13,412/year, and the car-friendly layout shapes the student experience. 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 Fishers is approximately $50,250, growing to $140,700 by mid-career.
Category
Engineering
Local Colleges
4
Public Tuition
$10,200/yr
Private Tuition
$34,000/yr
Room & Board
$13,412/yr
Avg Fin. Aid
$15,245/yr
Unemployment
3.9%
Graduation Rate
64%
Petroleum Engineering Salary in Fishers (COL-Adjusted)
Salaries adjusted for Fishers's cost of living index of 100.5 (national average = 100).
Note: National average Petroleum Engineering salary: $50,000 starting, $140,000 mid-career, $175,000 senior level.Fishers adjustment factor: 1.00x based on the local cost of living index.
Petroleum Engineering ROI Calculator for Fishers
Estimate your return on investment for a Petroleum Engineering degree using local Fishers tuition and cost of living data.
Public avg: $10,200 | Private avg: $34,000
Fishers avg aid: $15,245/yr
Federal avg: 6.5% | Private: 4-14%
Total Education Cost
$94,448
tuition + room & board - aid
Annual Earnings Premium
$15,075
vs HS diploma in Fishers
ROI Payback Period
6.3 years
to break even
Lifetime Return in Fishers
$1,212,052
Lifetime earnings premium ($1,306,500) minus total education cost ($94,448)
Student Loan Payoff for Petroleum Engineering in Fishers
Standard Plan (10 years)
Aggressive Plan (5 years)
Colleges in Fishers for Petroleum Engineering
Fishers State University
public
$9,242/yr
$36,968 total
Community Colleges (2-Year Transfer)
Fishers Community College
$5,903/yr
Top Employers for Petroleum Engineering in Fishers
Fishers offers opportunities in Engineering firms, Manufacturing, Defense contractors for Petroleum Engineering graduates. National top employers in this field include:
Key Fishers Hiring Sectors for Engineering
Engineering firms
Manufacturing
Defense contractors
Energy companies
Construction firms
Common Petroleum Engineering Job Titles
Petroleum Engineering in Nearby Indiana Cities
Indianapolis, IN
$47K starting · COL 94
25 colleges
Fort Wayne, IN
$52K starting · COL 103
24 colleges
Evansville, IN
$43K starting · COL 86
10 colleges
South Bend, IN
$45K starting · COL 89
9 colleges
Carmel, IN
$53K starting · COL 105.2
4 colleges
Bloomington, IN
$42K starting · COL 83
5 colleges
Hammond, IN
$47K starting · COL 93.1
4 colleges
Lafayette, IN
$42K starting · COL 84.8
3 colleges
Other Engineering Majors in Fishers
Computer Engineering
$50K starting · 3 yr ROI
Chemical Engineering
$82K starting · 3.2 yr ROI
Nuclear Engineering
$50K starting · 3.3 yr ROI
Electrical Engineering
$80K starting · 3.3 yr ROI
Aerospace Engineering
$80K starting · 3.5 yr ROI
Mechanical Engineering
$78K starting · 3.5 yr ROI
Mining Engineering
$50K starting · 3 yr ROI
Materials Science & Engineering
$50K starting · 3.8 yr ROI
Petroleum Engineering Degree in Fishers — 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 Fishers.