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

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

Starting Salary

$69K

COL-adjusted

Mid-Career

$192K

COL-adjusted

ROI Payback

6.7 yrs

in Syracuse

Cost of Living

137

index (100 = avg)

Petroleum Engineering in Syracuse, NY Overview

Syracuse, New York (pop. 148,620) has 10 colleges offering Petroleum Engineering programs. The local cost of living index of 137 is higher than average, so budget accordingly, with average rent near campus at $1,093/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 Syracuse is approximately $68,500, growing to $191,800 by mid-career.

Category

Engineering

Local Colleges

10

Public Tuition

$14,304/yr

Private Tuition

$57,750/yr

Room & Board

$19,896/yr

Avg Fin. Aid

$16,141/yr

Unemployment

4%

Graduation Rate

62%

Petroleum Engineering Salary in Syracuse (COL-Adjusted)

Salaries adjusted for Syracuse's cost of living index of 137 (national average = 100).

Entry Level (0-2 yrs)
$68,500(+$18,500 vs national)
Mid Career (5-9 yrs)
$191,800(+$51,800 vs national)
Senior Level (15+ yrs)
$239,750(+$64,750 vs national)

Note: National average Petroleum Engineering salary: $50,000 starting, $140,000 mid-career, $175,000 senior level.Syracuse adjustment factor: 1.37x based on the local cost of living index.

Petroleum Engineering ROI Calculator for Syracuse

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

Public avg: $14,304 | Private avg: $57,750

Syracuse avg aid: $16,141/yr

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

Total Education Cost

$136,800

tuition + room & board - aid

Annual Earnings Premium

$20,550

vs HS diploma in Syracuse

ROI Payback Period

6.7 years

to break even

Lifetime Return in Syracuse

$1,644,200

Lifetime earnings premium ($1,781,000) minus total education cost ($136,800)

Student Loan Payoff for Petroleum Engineering in Syracuse

Standard Plan (10 years)

Loan Amount$136,800
Monthly Payment$1,553
Total Interest$49,600
% of Monthly Income27%

Aggressive Plan (5 years)

Loan Amount$136,800
Monthly Payment$2,677
Total Interest$23,799
Interest Savings$25,801

Colleges in Syracuse for Petroleum Engineering

Syracuse University

private

$57,750/yr

$231,000 total

Community Colleges (2-Year Transfer)

Onondaga Community College

$5,504/yr

Top Employers for Petroleum Engineering in Syracuse

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

ExxonMobilChevronShellSchlumbergerHalliburton

Key Syracuse 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 Syracuse — 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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