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Petroleum Engineering Degree in Ontario, CA — Salary & ROI 2026

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

Starting Salary

$60K

COL-adjusted

Mid-Career

$168K

COL-adjusted

ROI Payback

6.4 yrs

in Ontario

Cost of Living

120.3

index (100 = avg)

Petroleum Engineering in Ontario, CA Overview

Ontario, California (pop. 175,265) has 7 colleges offering Petroleum Engineering programs. The local cost of living index of 120.3 is higher than average, so budget accordingly, with average rent near campus at $1,500/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 Ontario is approximately $60,150, growing to $168,420 by mid-career.

Category

Engineering

Local Colleges

7

Public Tuition

$14,500/yr

Private Tuition

$42,000/yr

Room & Board

$14,501/yr

Avg Fin. Aid

$11,507/yr

Unemployment

4.3%

Graduation Rate

62%

Petroleum Engineering Salary in Ontario (COL-Adjusted)

Salaries adjusted for Ontario's cost of living index of 120.3 (national average = 100).

Entry Level (0-2 yrs)
$60,150(+$10,150 vs national)
Mid Career (5-9 yrs)
$168,420(+$28,420 vs national)
Senior Level (15+ yrs)
$210,525(+$35,525 vs national)

Note: National average Petroleum Engineering salary: $50,000 starting, $140,000 mid-career, $175,000 senior level.Ontario adjustment factor: 1.20x based on the local cost of living index.

Petroleum Engineering ROI Calculator for Ontario

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

Public avg: $14,500 | Private avg: $42,000

Ontario avg aid: $11,507/yr

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

Total Education Cost

$116,004

tuition + room & board - aid

Annual Earnings Premium

$18,045

vs HS diploma in Ontario

ROI Payback Period

6.4 years

to break even

Lifetime Return in Ontario

$1,447,896

Lifetime earnings premium ($1,563,900) minus total education cost ($116,004)

Student Loan Payoff for Petroleum Engineering in Ontario

Standard Plan (10 years)

Loan Amount$116,004
Monthly Payment$1,317
Total Interest$42,060
% of Monthly Income26%

Aggressive Plan (5 years)

Loan Amount$116,004
Monthly Payment$2,270
Total Interest$20,181
Interest Savings$21,879

Colleges in Ontario for Petroleum Engineering

Ontario State University

public

$15,124/yr

$60,496 total

University of Ontario

public

$13,870/yr

$55,480 total

Community Colleges (2-Year Transfer)

Ontario Community College

$6,160/yr

Top Employers for Petroleum Engineering in Ontario

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

ExxonMobilChevronShellSchlumbergerHalliburton

Key Ontario 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 Ontario — 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 Ontario.

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