Psychology Degree in Boston, MA — Salary & ROI 2026
Psychology degree analysis for Boston, MA. COL-adjusted salary data, local tuition costs, ROI calculator, and job market outlook.
Starting Salary
$60K
COL-adjusted
Mid-Career
$89K
COL-adjusted
ROI Payback
9.3 yrs
in Boston
Cost of Living
137
index (100 = avg)
Psychology in Boston, MA Overview
Boston is one of Massachusetts's top college towns, with 24 institutions and a student population of 40,388. Public tuition averages $14,167/year here — near the national average for public universities. Psychology enrollment is stable nationwide, with steady demand for graduates skilled in Research Methods and Statistics. The adjusted starting salary in Boston is approximately $60,280.
Category
Social Sciences
Local Colleges
24
Public Tuition
$14,167/yr
Private Tuition
$60,730/yr
Room & Board
$14,423/yr
Avg Fin. Aid
$10,458/yr
Unemployment
4.5%
Graduation Rate
56%
Psychology Salary in Boston (COL-Adjusted)
Salaries adjusted for Boston's cost of living index of 137 (national average = 100).
Note: National average Psychology salary: $44,000 starting, $65,000 mid-career, $82,000 senior level.Boston adjustment factor: 1.37x based on the local cost of living index.
Psychology ROI Calculator for Boston
Estimate your return on investment for a Psychology degree using local Boston tuition and cost of living data.
Public avg: $14,167 | Private avg: $60,730
Boston avg aid: $10,458/yr
Federal avg: 6.5% | Private: 4-14%
Total Education Cost
$114,360
tuition + room & board - aid
Annual Earnings Premium
$12,330
vs HS diploma in Boston
ROI Payback Period
9.3 years
to break even
Lifetime Return in Boston
$324,040
Lifetime earnings premium ($438,400) minus total education cost ($114,360)
Student Loan Payoff for Psychology in Boston
Standard Plan (10 years)
Aggressive Plan (5 years)
Colleges in Boston for Psychology
Boston University
private
$62,360/yr
$249,440 total
Northeastern University
private
$59,100/yr
$236,400 total
University of Massachusetts Boston
public
$14,167/yr
$56,668 total
Community Colleges (2-Year Transfer)
Bunker Hill Community College
$5,760/yr
Roxbury Community College
$5,280/yr
Top Employers for Psychology in Boston
Boston offers opportunities in Government agencies, Non-profits, Research institutes for Psychology graduates. National top employers in this field include:
Key Boston Hiring Sectors for Social Sciences
Government agencies
Non-profits
Research institutes
Social services
Consulting
Common Psychology Job Titles
Psychology in Nearby Massachusetts Cities
Worcester, MA
$51K starting · COL 117
11 colleges
Springfield, MA
$59K starting · COL 133
6 colleges
Cambridge, MA
$59K starting · COL 133
6 colleges
Lowell, MA
$50K starting · COL 112.5
5 colleges
Brockton, MA
$48K starting · COL 108.5
5 colleges
Quincy, MA
$57K starting · COL 128.5
4 colleges
New Bedford, MA
$45K starting · COL 102.5
4 colleges
Lynn, MA
$52K starting · COL 118.5
4 colleges
Other Social Sciences Majors in Boston
International Relations
$69K starting · 5 yr ROI
Political Science
$66K starting · 5.5 yr ROI
Urban Planning
$69K starting · 5 yr ROI
Geography
$69K starting · 5.5 yr ROI
Forensic Science
$69K starting · 4.8 yr ROI
Sustainability Studies
$69K starting · 5.8 yr ROI
Criminal Justice
$69K starting · 5 yr ROI
Sociology
$60K starting · 6.5 yr ROI
Psychology Degree in Boston — 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 Psychology ROI in other cities, or explore other majors in Boston.