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Petroleum Engineering Degree in Ramapo, NY — Salary & ROI 2026

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

Starting Salary

$73K

COL-adjusted

Mid-Career

$205K

COL-adjusted

ROI Payback

4.8 yrs

in Ramapo

Cost of Living

146.3

index (100 = avg)

Petroleum Engineering in Ramapo, NY Overview

Ramapo, New York (pop. 142,368) has 6 colleges offering Petroleum Engineering programs. The local cost of living index of 146.3 is higher than average, so budget accordingly, with average rent near campus at $1,530/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 Ramapo is approximately $73,150, growing to $204,820 by mid-career.

Category

Engineering

Local Colleges

6

Public Tuition

$10,200/yr

Private Tuition

$42,000/yr

Room & Board

$16,057/yr

Avg Fin. Aid

$14,470/yr

Unemployment

3.9%

Graduation Rate

60%

Petroleum Engineering Salary in Ramapo (COL-Adjusted)

Salaries adjusted for Ramapo's cost of living index of 146.3 (national average = 100).

Entry Level (0-2 yrs)
$73,150(+$23,150 vs national)
Mid Career (5-9 yrs)
$204,820(+$64,820 vs national)
Senior Level (15+ yrs)
$256,025(+$81,025 vs national)

Note: National average Petroleum Engineering salary: $50,000 starting, $140,000 mid-career, $175,000 senior level.Ramapo adjustment factor: 1.46x based on the local cost of living index.

Petroleum Engineering ROI Calculator for Ramapo

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

Public avg: $10,200 | Private avg: $42,000

Ramapo avg aid: $14,470/yr

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

Total Education Cost

$105,028

tuition + room & board - aid

Annual Earnings Premium

$21,945

vs HS diploma in Ramapo

ROI Payback Period

4.8 years

to break even

Lifetime Return in Ramapo

$1,796,872

Lifetime earnings premium ($1,901,900) minus total education cost ($105,028)

Student Loan Payoff for Petroleum Engineering in Ramapo

Standard Plan (10 years)

Loan Amount$105,028
Monthly Payment$1,193
Total Interest$38,081
% of Monthly Income20%

Aggressive Plan (5 years)

Loan Amount$105,028
Monthly Payment$2,055
Total Interest$18,272
Interest Savings$19,809

Colleges in Ramapo for Petroleum Engineering

Ramapo State University

public

$10,809/yr

$43,236 total

University of Ramapo

public

$11,407/yr

$45,628 total

Community Colleges (2-Year Transfer)

Ramapo Community College

$6,408/yr

Top Employers for Petroleum Engineering in Ramapo

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

ExxonMobilChevronShellSchlumbergerHalliburton

Key Ramapo 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 Ramapo — 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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