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Psychology Degree in St. Paul, MN — Salary & ROI 2026

Psychology degree analysis for St. Paul, MN. COL-adjusted salary data, local tuition costs, ROI calculator, and job market outlook.

Starting Salary

$48K

COL-adjusted

Mid-Career

$70K

COL-adjusted

ROI Payback

9.8 yrs

in St. Paul

Cost of Living

108

index (100 = avg)

Psychology in St. Paul, MN Overview

St. Paul, Minnesota (pop. 308,096) has 20 colleges offering Psychology programs. The local cost of living index of 108 is near the national average, with average rent near campus at $843/month. Psychology enrollment is stable nationwide, with steady demand for graduates skilled in Research Methods and Statistics. The adjusted starting salary in St. Paul is approximately $47,520.

Category

Social Sciences

Local Colleges

20

Public Tuition

$10,448/yr

Private Tuition

$52,990/yr

Room & Board

$13,408/yr

Avg Fin. Aid

$15,005/yr

Unemployment

4.7%

Graduation Rate

70%

Psychology Salary in St. Paul (COL-Adjusted)

Salaries adjusted for St. Paul's cost of living index of 108 (national average = 100).

Entry Level (0-2 yrs)
$47,520(+$3,520 vs national)
Mid Career (5-9 yrs)
$70,200(+$5,200 vs national)
Senior Level (15+ yrs)
$88,560(+$6,560 vs national)

Note: National average Psychology salary: $44,000 starting, $65,000 mid-career, $82,000 senior level.St. Paul adjustment factor: 1.08x based on the local cost of living index.

Psychology ROI Calculator for St. Paul

Estimate your return on investment for a Psychology degree using local St. Paul tuition and cost of living data.

Public avg: $10,448 | Private avg: $52,990

St. Paul avg aid: $15,005/yr

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

Total Education Cost

$95,424

tuition + room & board - aid

Annual Earnings Premium

$9,720

vs HS diploma in St. Paul

ROI Payback Period

9.8 years

to break even

Lifetime Return in St. Paul

$250,176

Lifetime earnings premium ($345,600) minus total education cost ($95,424)

Student Loan Payoff for Psychology in St. Paul

Standard Plan (10 years)

Loan Amount$95,424
Monthly Payment$1,084
Total Interest$34,598
% of Monthly Income27%

Aggressive Plan (5 years)

Loan Amount$95,424
Monthly Payment$1,867
Total Interest$16,601
Interest Savings$17,998

Colleges in St. Paul for Psychology

Hamline University

private

$45,776/yr

$183,104 total

Macalester College

private

$60,204/yr

$240,816 total

Community Colleges (2-Year Transfer)

Saint Paul College

$5,772/yr

Top Employers for Psychology in St. Paul

St. Paul offers opportunities in Government agencies, Non-profits, Research institutes for Psychology graduates. National top employers in this field include:

HospitalsSchoolsGovernmentPrivate PracticeNon-Profits

Key St. Paul Hiring Sectors for Social Sciences

Government agencies

Non-profits

Research institutes

Social services

Consulting

Common Psychology Job Titles

PsychologistCounselorResearch AssociateHR Specialist

Psychology Degree in St. Paul — 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 St. Paul.

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