Petroleum Engineering Degree in Portland, OR — Salary & ROI 2026
Petroleum Engineering degree analysis for Portland, OR. COL-adjusted salary data, local tuition costs, ROI calculator, and job market outlook.
Starting Salary
$56K
COL-adjusted
Mid-Career
$157K
COL-adjusted
ROI Payback
6.6 yrs
in Portland
Cost of Living
112
index (100 = avg)
Petroleum Engineering in Portland, OR Overview
Portland is one of Oregon's top college towns, with 24 institutions and a student population of 19,612. Public tuition averages $9,585/year here — well below the national average, making it a cost-effective choice. 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 Portland is approximately $56,000, growing to $156,800 by mid-career.
Category
Engineering
Local Colleges
24
Public Tuition
$9,585/yr
Private Tuition
$53,947/yr
Room & Board
$18,112/yr
Avg Fin. Aid
$15,300/yr
Unemployment
5.1%
Graduation Rate
51%
Petroleum Engineering Salary in Portland (COL-Adjusted)
Salaries adjusted for Portland's cost of living index of 112 (national average = 100).
Note: National average Petroleum Engineering salary: $50,000 starting, $140,000 mid-career, $175,000 senior level.Portland adjustment factor: 1.12x based on the local cost of living index.
Petroleum Engineering ROI Calculator for Portland
Estimate your return on investment for a Petroleum Engineering degree using local Portland tuition and cost of living data.
Public avg: $9,585 | Private avg: $53,947
Portland avg aid: $15,300/yr
Federal avg: 6.5% | Private: 4-14%
Total Education Cost
$110,788
tuition + room & board - aid
Annual Earnings Premium
$16,800
vs HS diploma in Portland
ROI Payback Period
6.6 years
to break even
Lifetime Return in Portland
$1,345,212
Lifetime earnings premium ($1,456,000) minus total education cost ($110,788)
Student Loan Payoff for Petroleum Engineering in Portland
Standard Plan (10 years)
Aggressive Plan (5 years)
Colleges in Portland for Petroleum Engineering
Portland State University
public
$9,585/yr
$38,340 total
University of Portland
private
$51,414/yr
$205,656 total
Lewis & Clark College
private
$56,480/yr
$225,920 total
Community Colleges (2-Year Transfer)
Portland Community College
$4,536/yr
Top Employers for Petroleum Engineering in Portland
Portland offers opportunities in Engineering firms, Manufacturing, Defense contractors for Petroleum Engineering graduates. National top employers in this field include:
Key Portland Hiring Sectors for Engineering
Engineering firms
Manufacturing
Defense contractors
Energy companies
Construction firms
Common Petroleum Engineering Job Titles
Petroleum Engineering in Nearby Oregon Cities
Eugene, OR
$65K starting · COL 130
14 colleges
Salem, OR
$60K starting · COL 120
14 colleges
Gresham, OR
$55K starting · COL 110.2
5 colleges
Hillsboro, OR
$58K starting · COL 115.5
5 colleges
Bend, OR
$54K starting · COL 107
2 colleges
Beaverton, OR
$53K starting · COL 105.9
4 colleges
Medford, OR
$56K starting · COL 111
4 colleges
Springfield, OR
$60K starting · COL 120.3
3 colleges
Other Engineering Majors in Portland
Computer Engineering
$56K starting · 3 yr ROI
Chemical Engineering
$92K starting · 3.2 yr ROI
Nuclear Engineering
$56K starting · 3.3 yr ROI
Electrical Engineering
$90K starting · 3.3 yr ROI
Aerospace Engineering
$90K starting · 3.5 yr ROI
Mechanical Engineering
$87K starting · 3.5 yr ROI
Mining Engineering
$56K starting · 3 yr ROI
Materials Science & Engineering
$56K starting · 3.8 yr ROI
Petroleum Engineering Degree in Portland — 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 Portland.