Petroleum Engineering Degree in Reno, NV — Salary & ROI 2026
Petroleum Engineering degree analysis for Reno, NV. COL-adjusted salary data, local tuition costs, ROI calculator, and job market outlook.
Starting Salary
$58K
COL-adjusted
Mid-Career
$162K
COL-adjusted
ROI Payback
5.1 yrs
in Reno
Cost of Living
116
index (100 = avg)
Petroleum Engineering in Reno, NV Overview
Reno is one of Nevada's top college towns, with 21 institutions and a student population of 20,250. Public tuition averages $8,691/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 Reno is approximately $58,000, growing to $162,400 by mid-career.
Category
Engineering
Local Colleges
21
Public Tuition
$8,691/yr
Private Tuition
$55,136/yr
Room & Board
$13,579/yr
Avg Fin. Aid
$15,613/yr
Unemployment
3.6%
Graduation Rate
64%
Petroleum Engineering Salary in Reno (COL-Adjusted)
Salaries adjusted for Reno's cost of living index of 116 (national average = 100).
Note: National average Petroleum Engineering salary: $50,000 starting, $140,000 mid-career, $175,000 senior level.Reno adjustment factor: 1.16x based on the local cost of living index.
Petroleum Engineering ROI Calculator for Reno
Estimate your return on investment for a Petroleum Engineering degree using local Reno tuition and cost of living data.
Public avg: $8,691 | Private avg: $55,136
Reno avg aid: $15,613/yr
Federal avg: 6.5% | Private: 4-14%
Total Education Cost
$89,080
tuition + room & board - aid
Annual Earnings Premium
$17,400
vs HS diploma in Reno
ROI Payback Period
5.1 years
to break even
Lifetime Return in Reno
$1,418,920
Lifetime earnings premium ($1,508,000) minus total education cost ($89,080)
Student Loan Payoff for Petroleum Engineering in Reno
Standard Plan (10 years)
Aggressive Plan (5 years)
Colleges in Reno for Petroleum Engineering
University of Nevada, Reno
public
$8,691/yr
$34,764 total
Community Colleges (2-Year Transfer)
Truckee Meadows Community College
$3,420/yr
Top Employers for Petroleum Engineering in Reno
Reno offers opportunities in Engineering firms, Manufacturing, Defense contractors for Petroleum Engineering graduates. National top employers in this field include:
Key Reno Hiring Sectors for Engineering
Engineering firms
Manufacturing
Defense contractors
Energy companies
Construction firms
Common Petroleum Engineering Job Titles
Petroleum Engineering in Nearby Nevada Cities
Las Vegas, NV
$58K starting · COL 115
45 colleges
Henderson, NV
$65K starting · COL 129
12 colleges
North Las Vegas, NV
$49K starting · COL 98.5
10 colleges
Spring Valley, NV
$50K starting · COL 100.2
8 colleges
Sunrise Manor, NV
$48K starting · COL 95.8
7 colleges
Paradise, NV
$50K starting · COL 100.5
7 colleges
Enterprise, NV
$52K starting · COL 103.8
7 colleges
Sparks, NV
$53K starting · COL 105.2
5 colleges
Other Engineering Majors in Reno
Computer Engineering
$58K starting · 3 yr ROI
Chemical Engineering
$95K starting · 3.2 yr ROI
Nuclear Engineering
$58K starting · 3.3 yr ROI
Electrical Engineering
$93K starting · 3.3 yr ROI
Aerospace Engineering
$93K starting · 3.5 yr ROI
Mechanical Engineering
$90K starting · 3.5 yr ROI
Mining Engineering
$58K starting · 3 yr ROI
Materials Science & Engineering
$58K starting · 3.8 yr ROI
Petroleum Engineering Degree in Reno — 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 Reno.