Petroleum Engineering Degree in Lexington, KY — Salary & ROI 2026
Petroleum Engineering degree analysis for Lexington, KY. 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
5.7 yrs
in Lexington
Cost of Living
107
index (100 = avg)
Petroleum Engineering in Lexington, KY Overview
Lexington, Kentucky (pop. 322,570) has 14 colleges offering Petroleum Engineering programs. The local cost of living index of 107 is near the national average, with average rent near campus at $1,265/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 Lexington is approximately $53,500, growing to $149,800 by mid-career.
Category
Engineering
Local Colleges
14
Public Tuition
$12,360/yr
Private Tuition
$42,200/yr
Room & Board
$10,700/yr
Avg Fin. Aid
$8,397/yr
Unemployment
6.4%
Graduation Rate
65%
Petroleum Engineering Salary in Lexington (COL-Adjusted)
Salaries adjusted for Lexington'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.Lexington adjustment factor: 1.07x based on the local cost of living index.
Petroleum Engineering ROI Calculator for Lexington
Estimate your return on investment for a Petroleum Engineering degree using local Lexington tuition and cost of living data.
Public avg: $12,360 | Private avg: $42,200
Lexington avg aid: $8,397/yr
Federal avg: 6.5% | Private: 4-14%
Total Education Cost
$92,240
tuition + room & board - aid
Annual Earnings Premium
$16,050
vs HS diploma in Lexington
ROI Payback Period
5.7 years
to break even
Lifetime Return in Lexington
$1,298,760
Lifetime earnings premium ($1,391,000) minus total education cost ($92,240)
Student Loan Payoff for Petroleum Engineering in Lexington
Standard Plan (10 years)
Aggressive Plan (5 years)
Colleges in Lexington for Petroleum Engineering
University of Kentucky
public
$12,360/yr
$49,440 total
Transylvania University
private
$42,200/yr
$168,800 total
Community Colleges (2-Year Transfer)
Bluegrass Community and Technical College
$4,680/yr
Top Employers for Petroleum Engineering in Lexington
Lexington offers opportunities in Engineering firms, Manufacturing, Defense contractors for Petroleum Engineering graduates. National top employers in this field include:
Key Lexington Hiring Sectors for Engineering
Engineering firms
Manufacturing
Defense contractors
Energy companies
Construction firms
Common Petroleum Engineering Job Titles
Petroleum Engineering in Nearby Kentucky Cities
Other Engineering Majors in Lexington
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 Lexington — 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 Lexington.