Petroleum Engineering Degree in Virginia Beach, VA — Salary & ROI 2026
Petroleum Engineering degree analysis for Virginia Beach, VA. COL-adjusted salary data, local tuition costs, ROI calculator, and job market outlook.
Starting Salary
$44K
COL-adjusted
Mid-Career
$123K
COL-adjusted
ROI Payback
6.3 yrs
in Virginia Beach
Cost of Living
88
index (100 = avg)
Petroleum Engineering in Virginia Beach, VA Overview
Virginia Beach, Virginia (pop. 459,470) has 13 colleges offering Petroleum Engineering programs. The local cost of living index of 88 keeps student expenses low, with average rent near campus at $975/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 Virginia Beach is approximately $44,000, growing to $123,200 by mid-career.
Category
Engineering
Local Colleges
13
Public Tuition
$11,210/yr
Private Tuition
$28,926/yr
Room & Board
$9,485/yr
Avg Fin. Aid
$12,610/yr
Unemployment
3.2%
Graduation Rate
51%
Petroleum Engineering Salary in Virginia Beach (COL-Adjusted)
Salaries adjusted for Virginia Beach's cost of living index of 88 (national average = 100).
Note: National average Petroleum Engineering salary: $50,000 starting, $140,000 mid-career, $175,000 senior level.Virginia Beach adjustment factor: 0.88x based on the local cost of living index.
Petroleum Engineering ROI Calculator for Virginia Beach
Estimate your return on investment for a Petroleum Engineering degree using local Virginia Beach tuition and cost of living data.
Public avg: $11,210 | Private avg: $28,926
Virginia Beach avg aid: $12,610/yr
Federal avg: 6.5% | Private: 4-14%
Total Education Cost
$82,780
tuition + room & board - aid
Annual Earnings Premium
$13,200
vs HS diploma in Virginia Beach
ROI Payback Period
6.3 years
to break even
Lifetime Return in Virginia Beach
$1,061,220
Lifetime earnings premium ($1,144,000) minus total education cost ($82,780)
Student Loan Payoff for Petroleum Engineering in Virginia Beach
Standard Plan (10 years)
Aggressive Plan (5 years)
Colleges in Virginia Beach for Petroleum Engineering
Regent University
private
$19,100/yr
$76,400 total
Virginia Wesleyan University
private
$38,752/yr
$155,008 total
Old Dominion University
public
$11,210/yr
$44,840 total
Community Colleges (2-Year Transfer)
Tidewater Community College
$5,340/yr
Top Employers for Petroleum Engineering in Virginia Beach
Virginia Beach offers opportunities in Engineering firms, Manufacturing, Defense contractors for Petroleum Engineering graduates. National top employers in this field include:
Key Virginia Beach Hiring Sectors for Engineering
Engineering firms
Manufacturing
Defense contractors
Energy companies
Construction firms
Common Petroleum Engineering Job Titles
Petroleum Engineering in Nearby Virginia Cities
Chesapeake, VA
$46K starting · COL 91
12 colleges
Arlington, VA
$71K starting · COL 142.5
9 colleges
Norfolk, VA
$47K starting · COL 93
16 colleges
Richmond, VA
$50K starting · COL 100
11 colleges
Newport News, VA
$46K starting · COL 92.5
7 colleges
Alexandria, VA
$51K starting · COL 102
8 colleges
Hampton, VA
$49K starting · COL 97
7 colleges
Roanoke, VA
$44K starting · COL 88.5
4 colleges
Other Engineering Majors in Virginia Beach
Computer Engineering
$44K starting · 3 yr ROI
Chemical Engineering
$72K starting · 3.2 yr ROI
Nuclear Engineering
$44K starting · 3.3 yr ROI
Electrical Engineering
$70K starting · 3.3 yr ROI
Aerospace Engineering
$70K starting · 3.5 yr ROI
Mechanical Engineering
$69K starting · 3.5 yr ROI
Mining Engineering
$44K starting · 3 yr ROI
Materials Science & Engineering
$44K starting · 3.8 yr ROI
Petroleum Engineering Degree in Virginia Beach — 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 Virginia Beach.