Petroleum Engineering Degree in Madison, WI — Salary & ROI 2026
Petroleum Engineering degree analysis for Madison, WI. COL-adjusted salary data, local tuition costs, ROI calculator, and job market outlook.
Starting Salary
$45K
COL-adjusted
Mid-Career
$125K
COL-adjusted
ROI Payback
6.8 yrs
in Madison
Cost of Living
89
index (100 = avg)
Petroleum Engineering in Madison, WI Overview
Madison, Wisconsin (pop. 269,840) has 11 colleges offering Petroleum Engineering programs. The local cost of living index of 89 keeps student expenses low, with average rent near campus at $902/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 Madison is approximately $44,500, growing to $124,600 by mid-career.
Category
Engineering
Local Colleges
11
Public Tuition
$10,725/yr
Private Tuition
$33,350/yr
Room & Board
$11,942/yr
Avg Fin. Aid
$15,815/yr
Unemployment
5.7%
Graduation Rate
73%
Petroleum Engineering Salary in Madison (COL-Adjusted)
Salaries adjusted for Madison's cost of living index of 89 (national average = 100).
Note: National average Petroleum Engineering salary: $50,000 starting, $140,000 mid-career, $175,000 senior level.Madison adjustment factor: 0.89x based on the local cost of living index.
Petroleum Engineering ROI Calculator for Madison
Estimate your return on investment for a Petroleum Engineering degree using local Madison tuition and cost of living data.
Public avg: $10,725 | Private avg: $33,350
Madison avg aid: $15,815/yr
Federal avg: 6.5% | Private: 4-14%
Total Education Cost
$90,668
tuition + room & board - aid
Annual Earnings Premium
$13,350
vs HS diploma in Madison
ROI Payback Period
6.8 years
to break even
Lifetime Return in Madison
$1,066,332
Lifetime earnings premium ($1,157,000) minus total education cost ($90,668)
Student Loan Payoff for Petroleum Engineering in Madison
Standard Plan (10 years)
Aggressive Plan (5 years)
Colleges in Madison for Petroleum Engineering
University of Wisconsin-Madison
public
$10,725/yr
$42,900 total
Edgewood College
private
$33,350/yr
$133,400 total
Community Colleges (2-Year Transfer)
Madison Area Technical College
$4,632/yr
Top Employers for Petroleum Engineering in Madison
Madison offers opportunities in Engineering firms, Manufacturing, Defense contractors for Petroleum Engineering graduates. National top employers in this field include:
Key Madison Hiring Sectors for Engineering
Engineering firms
Manufacturing
Defense contractors
Energy companies
Construction firms
Common Petroleum Engineering Job Titles
Petroleum Engineering in Nearby Wisconsin Cities
Milwaukee, WI
$47K starting · COL 94
33 colleges
Green Bay, WI
$43K starting · COL 86
6 colleges
Kenosha, WI
$53K starting · COL 106
8 colleges
Racine, WI
$43K starting · COL 85.8
4 colleges
Appleton, WI
$40K starting · COL 79
6 colleges
Waukesha, WI
$45K starting · COL 90.5
3 colleges
Eau Claire, WI
$43K starting · COL 86
2 colleges
Oshkosh, WI
$54K starting · COL 107
3 colleges
Other Engineering Majors in Madison
Computer Engineering
$45K starting · 3 yr ROI
Chemical Engineering
$73K starting · 3.2 yr ROI
Nuclear Engineering
$45K starting · 3.3 yr ROI
Electrical Engineering
$71K starting · 3.3 yr ROI
Aerospace Engineering
$71K starting · 3.5 yr ROI
Mechanical Engineering
$69K starting · 3.5 yr ROI
Mining Engineering
$45K starting · 3 yr ROI
Materials Science & Engineering
$45K starting · 3.8 yr ROI
Petroleum Engineering Degree in Madison — 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 Madison.