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Petroleum Engineering Degree in Rochester, MN — Salary & ROI 2026

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

Starting Salary

$53K

COL-adjusted

Mid-Career

$147K

COL-adjusted

ROI Payback

5.5 yrs

in Rochester

Cost of Living

105

index (100 = avg)

Petroleum Engineering in Rochester, MN Overview

Rochester, Minnesota (pop. 121,395) has 8 colleges offering Petroleum Engineering programs. The local cost of living index of 105 is near the national average, with average rent near campus at $933/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 Rochester is approximately $52,500, growing to $147,000 by mid-career.

Category

Engineering

Local Colleges

8

Public Tuition

$8,930/yr

Private Tuition

$42,000/yr

Room & Board

$12,715/yr

Avg Fin. Aid

$11,803/yr

Unemployment

4.1%

Graduation Rate

63%

Petroleum Engineering Salary in Rochester (COL-Adjusted)

Salaries adjusted for Rochester's cost of living index of 105 (national average = 100).

Entry Level (0-2 yrs)
$52,500(+$2,500 vs national)
Mid Career (5-9 yrs)
$147,000(+$7,000 vs national)
Senior Level (15+ yrs)
$183,750(+$8,750 vs national)

Note: National average Petroleum Engineering salary: $50,000 starting, $140,000 mid-career, $175,000 senior level.Rochester adjustment factor: 1.05x based on the local cost of living index.

Petroleum Engineering ROI Calculator for Rochester

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

Public avg: $8,930 | Private avg: $42,000

Rochester avg aid: $11,803/yr

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

Total Education Cost

$86,580

tuition + room & board - aid

Annual Earnings Premium

$15,750

vs HS diploma in Rochester

ROI Payback Period

5.5 years

to break even

Lifetime Return in Rochester

$1,278,420

Lifetime earnings premium ($1,365,000) minus total education cost ($86,580)

Student Loan Payoff for Petroleum Engineering in Rochester

Standard Plan (10 years)

Loan Amount$86,580
Monthly Payment$983
Total Interest$31,392
% of Monthly Income22%

Aggressive Plan (5 years)

Loan Amount$86,580
Monthly Payment$1,694
Total Interest$15,062
Interest Savings$16,330

Colleges in Rochester for Petroleum Engineering

Mayo Clinic School of Health Sciences

private

$42,000/yr

$168,000 total

Community Colleges (2-Year Transfer)

Rochester Community and Technical College

$5,772/yr

Top Employers for Petroleum Engineering in Rochester

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

ExxonMobilChevronShellSchlumbergerHalliburton

Key Rochester 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 Rochester — 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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