Software Engineering Degree in Evansville, IN — Salary & ROI 2026
Software Engineering degree analysis for Evansville, IN. COL-adjusted salary data, local tuition costs, ROI calculator, and job market outlook.
Starting Salary
$76K
COL-adjusted
Mid-Career
$110K
COL-adjusted
ROI Payback
1.7 yrs
in Evansville
Cost of Living
86
index (100 = avg)
Software Engineering in Evansville, IN Overview
Evansville, Indiana (pop. 117,298) has 10 colleges offering Software Engineering programs. The local cost of living index of 86 keeps student expenses low, with average rent near campus at $974/month. Software Engineering has seen growing enrollment nationally, reflecting rising employer demand for Software Design and Testing skills. The adjusted starting salary in Evansville is approximately $75,680.
Category
STEM
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%
Software Engineering Salary in Evansville (COL-Adjusted)
Salaries adjusted for Evansville's cost of living index of 86 (national average = 100).
Note: National average Software Engineering salary: $88,000 starting, $128,000 mid-career, $160,000 senior level.Evansville adjustment factor: 0.86x based on the local cost of living index.
Software Engineering ROI Calculator for Evansville
Estimate your return on investment for a Software Engineering 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
$45,580
vs HS diploma in Evansville
ROI Payback Period
1.7 years
to break even
Lifetime Return in Evansville
$935,308
Lifetime earnings premium ($1,014,800) minus total education cost ($79,492)
Student Loan Payoff for Software Engineering in Evansville
Standard Plan (10 years)
Aggressive Plan (5 years)
Colleges in Evansville for Software Engineering
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 Software Engineering in Evansville
Evansville offers opportunities in Tech companies, Research labs, Government agencies for Software Engineering graduates. National top employers in this field include:
Key Evansville Hiring Sectors for STEM
Tech companies
Research labs
Government agencies
Startups
Consulting firms
Common Software Engineering Job Titles
Software Engineering in Nearby Indiana Cities
Indianapolis, IN
$83K starting · COL 94
25 colleges
Fort Wayne, IN
$91K starting · COL 103
24 colleges
South Bend, IN
$78K starting · COL 89
9 colleges
Carmel, IN
$93K starting · COL 105.2
4 colleges
Fishers, IN
$88K starting · COL 100.5
4 colleges
Bloomington, IN
$73K starting · COL 83
5 colleges
Hammond, IN
$82K starting · COL 93.1
4 colleges
Lafayette, IN
$75K starting · COL 84.8
3 colleges
Other STEM Majors in Evansville
Prompt Engineering
$43K starting · 1.5 yr ROI
Computational Linguistics
$82K starting · 2 yr ROI
Computer Science
$73K starting · 2.8 yr ROI
Data Science
$71K starting · 3 yr ROI
Actuarial Science
$43K starting · 3 yr ROI
Cybersecurity
$69K starting · 3 yr ROI
Robotics Engineering
$43K starting · 3 yr ROI
Applied Mathematics
$43K starting · 3.5 yr ROI
Software Engineering 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 Software Engineering ROI in other cities, or explore other majors in Evansville.