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Petroleum Engineering Degree in Hollywood, FL — Salary & ROI 2026

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

Starting Salary

$54K

COL-adjusted

Mid-Career

$151K

COL-adjusted

ROI Payback

4.9 yrs

in Hollywood

Cost of Living

108.2

index (100 = avg)

Petroleum Engineering in Hollywood, FL Overview

Hollywood, Florida (pop. 153,067) has 6 colleges offering Petroleum Engineering programs. The local cost of living index of 108.2 is near the national average, with average rent near campus at $1,155/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 Hollywood is approximately $54,100, growing to $151,480 by mid-career.

Category

Engineering

Local Colleges

6

Public Tuition

$6,400/yr

Private Tuition

$30,000/yr

Room & Board

$13,426/yr

Avg Fin. Aid

$8,678/yr

Unemployment

3.4%

Graduation Rate

64%

Petroleum Engineering Salary in Hollywood (COL-Adjusted)

Salaries adjusted for Hollywood's cost of living index of 108.2 (national average = 100).

Entry Level (0-2 yrs)
$54,100(+$4,100 vs national)
Mid Career (5-9 yrs)
$151,480(+$11,480 vs national)
Senior Level (15+ yrs)
$189,350(+$14,350 vs national)

Note: National average Petroleum Engineering salary: $50,000 starting, $140,000 mid-career, $175,000 senior level.Hollywood adjustment factor: 1.08x based on the local cost of living index.

Petroleum Engineering ROI Calculator for Hollywood

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

Public avg: $6,400 | Private avg: $30,000

Hollywood avg aid: $8,678/yr

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

Total Education Cost

$79,304

tuition + room & board - aid

Annual Earnings Premium

$16,230

vs HS diploma in Hollywood

ROI Payback Period

4.9 years

to break even

Lifetime Return in Hollywood

$1,327,296

Lifetime earnings premium ($1,406,600) minus total education cost ($79,304)

Student Loan Payoff for Petroleum Engineering in Hollywood

Standard Plan (10 years)

Loan Amount$79,304
Monthly Payment$900
Total Interest$28,754
% of Monthly Income20%

Aggressive Plan (5 years)

Loan Amount$79,304
Monthly Payment$1,552
Total Interest$13,796
Interest Savings$14,957

Colleges in Hollywood for Petroleum Engineering

Hollywood State University

public

$6,892/yr

$27,568 total

University of Hollywood

public

$6,460/yr

$25,840 total

Community Colleges (2-Year Transfer)

Hollywood Community College

$5,695/yr

Top Employers for Petroleum Engineering in Hollywood

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

ExxonMobilChevronShellSchlumbergerHalliburton

Key Hollywood Hiring Sectors for Engineering

Engineering firms

Manufacturing

Defense contractors

Energy companies

Construction firms

Common Petroleum Engineering Job Titles

Petroleum EngineerReservoir EngineerDrilling Engineer

Petroleum Engineering Degree in Hollywood — 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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