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

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

Starting Salary

$64K

COL-adjusted

Mid-Career

$180K

COL-adjusted

ROI Payback

6.5 yrs

in Quincy

Cost of Living

128.5

index (100 = avg)

Petroleum Engineering in Quincy, MA Overview

While Quincy has a smaller college scene with 4 institutions, Petroleum Engineering students benefit from the close-knit academic community. Room and board averages $15,174/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 Quincy is approximately $64,250, growing to $179,900 by mid-career.

Category

Engineering

Local Colleges

4

Public Tuition

$16,100/yr

Private Tuition

$48,000/yr

Room & Board

$15,174/yr

Avg Fin. Aid

$14,886/yr

Unemployment

4.1%

Graduation Rate

56%

Petroleum Engineering Salary in Quincy (COL-Adjusted)

Salaries adjusted for Quincy's cost of living index of 128.5 (national average = 100).

Entry Level (0-2 yrs)
$64,250(+$14,250 vs national)
Mid Career (5-9 yrs)
$179,900(+$39,900 vs national)
Senior Level (15+ yrs)
$224,875(+$49,875 vs national)

Note: National average Petroleum Engineering salary: $50,000 starting, $140,000 mid-career, $175,000 senior level.Quincy adjustment factor: 1.28x based on the local cost of living index.

Petroleum Engineering ROI Calculator for Quincy

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

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

Quincy avg aid: $14,886/yr

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

Total Education Cost

$125,096

tuition + room & board - aid

Annual Earnings Premium

$19,275

vs HS diploma in Quincy

ROI Payback Period

6.5 years

to break even

Lifetime Return in Quincy

$1,545,404

Lifetime earnings premium ($1,670,500) minus total education cost ($125,096)

Student Loan Payoff for Petroleum Engineering in Quincy

Standard Plan (10 years)

Loan Amount$125,096
Monthly Payment$1,420
Total Interest$45,357
% of Monthly Income27%

Aggressive Plan (5 years)

Loan Amount$125,096
Monthly Payment$2,448
Total Interest$21,763
Interest Savings$23,594

Colleges in Quincy for Petroleum Engineering

Quincy State University

public

$17,045/yr

$68,180 total

University of Quincy

public

$15,339/yr

$61,356 total

Community Colleges (2-Year Transfer)

Quincy Community College

$5,581/yr

Top Employers for Petroleum Engineering in Quincy

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

ExxonMobilChevronShellSchlumbergerHalliburton

Key Quincy 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 Quincy — 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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