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Petroleum Engineering Degree in Lynn, MA — Salary & ROI 2026

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

Starting Salary

$59K

COL-adjusted

Mid-Career

$166K

COL-adjusted

ROI Payback

7 yrs

in Lynn

Cost of Living

118.5

index (100 = avg)

Petroleum Engineering in Lynn, MA Overview

While Lynn has a smaller college scene with 4 institutions, Petroleum Engineering students benefit from the close-knit academic community. Room and board averages $14,795/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 Lynn is approximately $59,250, growing to $165,900 by mid-career.

Category

Engineering

Local Colleges

4

Public Tuition

$16,100/yr

Private Tuition

$48,000/yr

Room & Board

$14,795/yr

Avg Fin. Aid

$14,554/yr

Unemployment

3.6%

Graduation Rate

69%

Petroleum Engineering Salary in Lynn (COL-Adjusted)

Salaries adjusted for Lynn's cost of living index of 118.5 (national average = 100).

Entry Level (0-2 yrs)
$59,250(+$9,250 vs national)
Mid Career (5-9 yrs)
$165,900(+$25,900 vs national)
Senior Level (15+ yrs)
$207,375(+$32,375 vs national)

Note: National average Petroleum Engineering salary: $50,000 starting, $140,000 mid-career, $175,000 senior level.Lynn adjustment factor: 1.19x based on the local cost of living index.

Petroleum Engineering ROI Calculator for Lynn

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

Public avg: $16,100 | Private avg: $48,000

Lynn avg aid: $14,554/yr

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

Total Education Cost

$123,580

tuition + room & board - aid

Annual Earnings Premium

$17,775

vs HS diploma in Lynn

ROI Payback Period

7 years

to break even

Lifetime Return in Lynn

$1,416,920

Lifetime earnings premium ($1,540,500) minus total education cost ($123,580)

Student Loan Payoff for Petroleum Engineering in Lynn

Standard Plan (10 years)

Loan Amount$123,580
Monthly Payment$1,403
Total Interest$44,807
% of Monthly Income28%

Aggressive Plan (5 years)

Loan Amount$123,580
Monthly Payment$2,418
Total Interest$21,499
Interest Savings$23,308

Colleges in Lynn for Petroleum Engineering

Lynn State University

public

$16,020/yr

$64,080 total

Community Colleges (2-Year Transfer)

Lynn Community College

$6,180/yr

Top Employers for Petroleum Engineering in Lynn

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

ExxonMobilChevronShellSchlumbergerHalliburton

Key Lynn 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 Lynn — 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 Lynn.

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