DegreeCalc

Petroleum Engineering Degree in Rockford, IL — Salary & ROI 2026

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

Starting Salary

$45K

COL-adjusted

Mid-Career

$126K

COL-adjusted

ROI Payback

5.4 yrs

in Rockford

Cost of Living

90

index (100 = avg)

Petroleum Engineering in Rockford, IL Overview

Rockford, Illinois (pop. 148,655) has 8 colleges offering Petroleum Engineering programs. The local cost of living index of 90 is near the national average, with average rent near campus at $1,026/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 Rockford is approximately $45,000, growing to $126,000 by mid-career.

Category

Engineering

Local Colleges

8

Public Tuition

$9,764/yr

Private Tuition

$34,200/yr

Room & Board

$8,562/yr

Avg Fin. Aid

$14,234/yr

Unemployment

5.9%

Graduation Rate

48%

Petroleum Engineering Salary in Rockford (COL-Adjusted)

Salaries adjusted for Rockford's cost of living index of 90 (national average = 100).

Entry Level (0-2 yrs)
$45,000($-5,000 vs national)
Mid Career (5-9 yrs)
$126,000($-14,000 vs national)
Senior Level (15+ yrs)
$157,500($-17,500 vs national)

Note: National average Petroleum Engineering salary: $50,000 starting, $140,000 mid-career, $175,000 senior level.Rockford adjustment factor: 0.90x based on the local cost of living index.

Petroleum Engineering ROI Calculator for Rockford

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

Public avg: $9,764 | Private avg: $34,200

Rockford avg aid: $14,234/yr

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

Total Education Cost

$73,304

tuition + room & board - aid

Annual Earnings Premium

$13,500

vs HS diploma in Rockford

ROI Payback Period

5.4 years

to break even

Lifetime Return in Rockford

$1,096,696

Lifetime earnings premium ($1,170,000) minus total education cost ($73,304)

Student Loan Payoff for Petroleum Engineering in Rockford

Standard Plan (10 years)

Loan Amount$73,304
Monthly Payment$832
Total Interest$26,578
% of Monthly Income22%

Aggressive Plan (5 years)

Loan Amount$73,304
Monthly Payment$1,434
Total Interest$12,753
Interest Savings$13,826

Colleges in Rockford for Petroleum Engineering

Rockford University

private

$34,200/yr

$136,800 total

Community Colleges (2-Year Transfer)

Rock Valley College

$4,980/yr

Top Employers for Petroleum Engineering in Rockford

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

ExxonMobilChevronShellSchlumbergerHalliburton

Key Rockford 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 Rockford — 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 Rockford.

Frequently Asked Questions

Related Calculators