Petroleum Engineering Degree in Toledo, OH — Salary & ROI 2026
Petroleum Engineering degree analysis for Toledo, OH. COL-adjusted salary data, local tuition costs, ROI calculator, and job market outlook.
Starting Salary
$54K
COL-adjusted
Mid-Career
$151K
COL-adjusted
ROI Payback
4.9 yrs
in Toledo
Cost of Living
108
index (100 = avg)
Petroleum Engineering in Toledo, OH Overview
Toledo, Ohio (pop. 270,871) has 16 colleges offering Petroleum Engineering programs. The local cost of living index of 108 is near the national average, with average rent near campus at $1,025/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 Toledo is approximately $54,000, growing to $151,200 by mid-career.
Category
Engineering
Local Colleges
16
Public Tuition
$10,630/yr
Private Tuition
$40,789/yr
Room & Board
$9,344/yr
Avg Fin. Aid
$8,457/yr
Unemployment
4.8%
Graduation Rate
66%
Petroleum Engineering Salary in Toledo (COL-Adjusted)
Salaries adjusted for Toledo's cost of living index of 108 (national average = 100).
Note: National average Petroleum Engineering salary: $50,000 starting, $140,000 mid-career, $175,000 senior level.Toledo adjustment factor: 1.08x based on the local cost of living index.
Petroleum Engineering ROI Calculator for Toledo
Estimate your return on investment for a Petroleum Engineering degree using local Toledo tuition and cost of living data.
Public avg: $10,630 | Private avg: $40,789
Toledo avg aid: $8,457/yr
Federal avg: 6.5% | Private: 4-14%
Total Education Cost
$79,896
tuition + room & board - aid
Annual Earnings Premium
$16,200
vs HS diploma in Toledo
ROI Payback Period
4.9 years
to break even
Lifetime Return in Toledo
$1,324,104
Lifetime earnings premium ($1,404,000) minus total education cost ($79,896)
Student Loan Payoff for Petroleum Engineering in Toledo
Standard Plan (10 years)
Aggressive Plan (5 years)
Colleges in Toledo for Petroleum Engineering
University of Toledo
public
$10,630/yr
$42,520 total
Community Colleges (2-Year Transfer)
Owens Community College
$4,344/yr
Top Employers for Petroleum Engineering in Toledo
Toledo offers opportunities in Engineering firms, Manufacturing, Defense contractors for Petroleum Engineering graduates. National top employers in this field include:
Key Toledo Hiring Sectors for Engineering
Engineering firms
Manufacturing
Defense contractors
Energy companies
Construction firms
Common Petroleum Engineering Job Titles
Petroleum Engineering in Nearby Ohio Cities
Columbus, OH
$52K starting · COL 103
31 colleges
Cleveland, OH
$48K starting · COL 96
20 colleges
Cincinnati, OH
$51K starting · COL 102
28 colleges
Akron, OH
$53K starting · COL 105
5 colleges
Dayton, OH
$52K starting · COL 104
9 colleges
Parma, OH
$45K starting · COL 90
4 colleges
Canton, OH
$42K starting · COL 84
4 colleges
Lorain, OH
$43K starting · COL 85.2
3 colleges
Other Engineering Majors in Toledo
Computer Engineering
$54K starting · 3 yr ROI
Chemical Engineering
$89K starting · 3.2 yr ROI
Nuclear Engineering
$54K starting · 3.3 yr ROI
Electrical Engineering
$86K starting · 3.3 yr ROI
Aerospace Engineering
$86K starting · 3.5 yr ROI
Mechanical Engineering
$84K starting · 3.5 yr ROI
Mining Engineering
$54K starting · 3 yr ROI
Materials Science & Engineering
$54K starting · 3.8 yr ROI
Petroleum Engineering Degree in Toledo — 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 Toledo.