Software Engineering Degree in Providence, RI — Salary & ROI 2026
Software Engineering degree analysis for Providence, RI. COL-adjusted salary data, local tuition costs, ROI calculator, and job market outlook.
Starting Salary
$124K
COL-adjusted
Mid-Career
$180K
COL-adjusted
ROI Payback
1.8 yrs
in Providence
Cost of Living
141
index (100 = avg)
Software Engineering in Providence, RI Overview
Providence, Rhode Island (pop. 190,934) has 7 colleges offering Software Engineering programs. The local cost of living index of 141 is higher than average, so budget accordingly, with average rent near campus at $1,476/month. Software Engineering has seen growing enrollment nationally, reflecting rising employer demand for Software Design and Testing skills. The adjusted starting salary in Providence is approximately $124,080.
Category
STEM
Local Colleges
7
Public Tuition
$15,259/yr
Private Tuition
$59,540/yr
Room & Board
$17,733/yr
Avg Fin. Aid
$15,708/yr
Unemployment
4.3%
Graduation Rate
54%
Software Engineering Salary in Providence (COL-Adjusted)
Salaries adjusted for Providence's cost of living index of 141 (national average = 100).
Note: National average Software Engineering salary: $88,000 starting, $128,000 mid-career, $160,000 senior level.Providence adjustment factor: 1.41x based on the local cost of living index.
Software Engineering ROI Calculator for Providence
Estimate your return on investment for a Software Engineering degree using local Providence tuition and cost of living data.
Public avg: $15,259 | Private avg: $59,540
Providence avg aid: $15,708/yr
Federal avg: 6.5% | Private: 4-14%
Total Education Cost
$131,968
tuition + room & board - aid
Annual Earnings Premium
$74,730
vs HS diploma in Providence
ROI Payback Period
1.8 years
to break even
Lifetime Return in Providence
$1,531,832
Lifetime earnings premium ($1,663,800) minus total education cost ($131,968)
Student Loan Payoff for Software Engineering in Providence
Standard Plan (10 years)
Aggressive Plan (5 years)
Colleges in Providence for Software Engineering
Brown University
private
$62,680/yr
$250,720 total
Providence College
private
$56,400/yr
$225,600 total
Community Colleges (2-Year Transfer)
Community College of Rhode Island
$4,994/yr
Top Employers for Software Engineering in Providence
Providence offers opportunities in Tech companies, Research labs, Government agencies for Software Engineering graduates. National top employers in this field include:
Key Providence Hiring Sectors for STEM
Tech companies
Research labs
Government agencies
Startups
Consulting firms
Common Software Engineering Job Titles
Software Engineering in Nearby Rhode Island Cities
Other STEM Majors in Providence
Prompt Engineering
$71K starting · 1.5 yr ROI
Computational Linguistics
$134K starting · 2 yr ROI
Computer Science
$120K starting · 2.8 yr ROI
Data Science
$116K starting · 3 yr ROI
Astrophysics
$120K starting · 3 yr ROI
Actuarial Science
$71K starting · 3 yr ROI
Cybersecurity
$113K starting · 3 yr ROI
Robotics Engineering
$71K starting · 3 yr ROI
Software Engineering Degree in Providence — 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 Providence.