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Petroleum Engineering Degree in Lansing, MI — Salary & ROI 2026

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

Starting Salary

$43K

COL-adjusted

Mid-Career

$119K

COL-adjusted

ROI Payback

7.4 yrs

in Lansing

Cost of Living

85

index (100 = avg)

Petroleum Engineering in Lansing, MI Overview

Lansing, Michigan (pop. 112,644) has 6 colleges offering Petroleum Engineering programs. The local cost of living index of 85 keeps student expenses low, with average rent near campus at $733/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 Lansing is approximately $42,500, growing to $119,000 by mid-career.

Category

Engineering

Local Colleges

6

Public Tuition

$14,460/yr

Private Tuition

$35,667/yr

Room & Board

$9,189/yr

Avg Fin. Aid

$12,827/yr

Unemployment

6.1%

Graduation Rate

59%

Petroleum Engineering Salary in Lansing (COL-Adjusted)

Salaries adjusted for Lansing's cost of living index of 85 (national average = 100).

Entry Level (0-2 yrs)
$42,500($-7,500 vs national)
Mid Career (5-9 yrs)
$119,000($-21,000 vs national)
Senior Level (15+ yrs)
$148,750($-26,250 vs national)

Note: National average Petroleum Engineering salary: $50,000 starting, $140,000 mid-career, $175,000 senior level.Lansing adjustment factor: 0.85x based on the local cost of living index.

Petroleum Engineering ROI Calculator for Lansing

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

Public avg: $14,460 | Private avg: $35,667

Lansing avg aid: $12,827/yr

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

Total Education Cost

$94,596

tuition + room & board - aid

Annual Earnings Premium

$12,750

vs HS diploma in Lansing

ROI Payback Period

7.4 years

to break even

Lifetime Return in Lansing

$1,010,404

Lifetime earnings premium ($1,105,000) minus total education cost ($94,596)

Student Loan Payoff for Petroleum Engineering in Lansing

Standard Plan (10 years)

Loan Amount$94,596
Monthly Payment$1,074
Total Interest$34,298
% of Monthly Income30%

Aggressive Plan (5 years)

Loan Amount$94,596
Monthly Payment$1,851
Total Interest$16,457
Interest Savings$17,841

Colleges in Lansing for Petroleum Engineering

Michigan State University

public

$14,460/yr

$57,840 total

Community Colleges (2-Year Transfer)

Lansing Community College

$4,296/yr

Top Employers for Petroleum Engineering in Lansing

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

ExxonMobilChevronShellSchlumbergerHalliburton

Key Lansing 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 Lansing — 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 Lansing.

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