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Pharmacy Degree in Evansville, IN — Salary & ROI 2026

Pharmacy degree analysis for Evansville, IN. COL-adjusted salary data, local tuition costs, ROI calculator, and job market outlook.

Starting Salary

$43K

COL-adjusted

Mid-Career

$108K

COL-adjusted

ROI Payback

6.2 yrs

in Evansville

Cost of Living

86

index (100 = avg)

Pharmacy in Evansville, IN Overview

Evansville, Indiana (pop. 117,298) has 10 colleges offering Pharmacy programs. The local cost of living index of 86 keeps student expenses low, with average rent near campus at $974/month. Although national enrollment in Pharmacy has been declining, graduates with skills in Pharmacology and Drug Interactions remain competitive in the job market. The adjusted starting salary in Evansville is approximately $43,000, growing to $107,500 by mid-career.

Category

Healthcare

Local Colleges

10

Public Tuition

$8,448/yr

Private Tuition

$42,316/yr

Room & Board

$11,425/yr

Avg Fin. Aid

$12,482/yr

Unemployment

4.8%

Graduation Rate

57%

Pharmacy Salary in Evansville (COL-Adjusted)

Salaries adjusted for Evansville's cost of living index of 86 (national average = 100).

Entry Level (0-2 yrs)
$43,000($-7,000 vs national)
Mid Career (5-9 yrs)
$107,500($-17,500 vs national)
Senior Level (15+ yrs)
$120,400($-19,600 vs national)

Note: National average Pharmacy salary: $50,000 starting, $125,000 mid-career, $140,000 senior level.Evansville adjustment factor: 0.86x based on the local cost of living index.

Pharmacy ROI Calculator for Evansville

Estimate your return on investment for a Pharmacy degree using local Evansville tuition and cost of living data.

Public avg: $8,448 | Private avg: $42,316

Evansville avg aid: $12,482/yr

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

Total Education Cost

$79,492

tuition + room & board - aid

Annual Earnings Premium

$12,900

vs HS diploma in Evansville

ROI Payback Period

6.2 years

to break even

Lifetime Return in Evansville

$737,508

Lifetime earnings premium ($817,000) minus total education cost ($79,492)

Student Loan Payoff for Pharmacy in Evansville

Standard Plan (10 years)

Loan Amount$79,492
Monthly Payment$903
Total Interest$28,822
% of Monthly Income25%

Aggressive Plan (5 years)

Loan Amount$79,492
Monthly Payment$1,555
Total Interest$13,829
Interest Savings$14,993

Colleges in Evansville for Pharmacy

University of Evansville

private

$42,316/yr

$169,264 total

University of Southern Indiana

public

$8,448/yr

$33,792 total

Community Colleges (2-Year Transfer)

Ivy Tech Community College Evansville

$4,540/yr

Top Employers for Pharmacy in Evansville

Evansville offers opportunities in Hospitals, Medical centers, Private practices for Pharmacy graduates. National top employers in this field include:

CVS HealthWalgreensHospitalsRite AidCostco

Key Evansville Hiring Sectors for Healthcare

Hospitals

Medical centers

Private practices

Health systems

Pharma companies

Common Pharmacy Job Titles

PharmacistClinical PharmacistPharmacy Manager

Pharmacy Degree in Evansville — 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 Pharmacy ROI in other cities, or explore other majors in Evansville.

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