Marine Engineer Salary in Lexington, MA
How much does a marine engineer make in Lexington? Explore median, entry-level, and senior salaries adjusted for Lexington's cost of living.
Salary Breakdown by Experience Level
See how marine engineer salaries break down across different pay periods in Lexington.
| Period | Entry Level | Median | Senior |
|---|---|---|---|
| Annual | $134,113 | $221,980 | $305,224 |
| Monthly | $11,176 | $18,498 | $25,435 |
| Biweekly | $5,158 | $8,538 | $11,739 |
| Weekly | $2,579 | $4,269 | $5,870 |
| Hourly | $64 | $107 | $147 |
Lexington vs National Average
How Lexington's marine engineer salaries compare to national figures.
Cost of Living in Lexington
About Marine Engineer
Overview
Design and maintain marine vessels and offshore structures.
Education
Bachelor's degree in Marine or Naval Engineering
Key Skills
Growth Rate
Expected job growth: +17% over the next decade
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Marine Engineer Salary in Lexington, MA — Complete Guide
Median Salary Overview
The median salary for a marine engineer in Lexington, MA is $221,980 per year, adjusted for the local cost of living index of 148. This figure reflects typical earnings for experienced professionals in this role, considering Lexington's unique economic conditions.
Salary Range and Experience Levels
Entry-level marine engineer professionals in Lexington can expect to earn around $134,113 annually. As professionals gain experience, salaries typically increase, with senior-level marine engineers earning approximately $305,224 per year. This represents a 128% increase from entry to senior level.
Cost of Living Adjustment
Lexington's cost of living index of 148 significantly impacts salary comparisons. As a higher cost-of-living city, salaries in Lexington are adjusted accordingly. This means that while the nominal salary may appear higher or lower than the national average of $122,940, the actual purchasing power must be considered in context.
Housing and Affordability
A significant portion of a marine engineer's salary in Lexington typically goes toward housing. With a 1-bedroom apartment averaging $2,100 per month, housing represents about 11.4% of median salary. Financial experts generally recommend keeping housing expenses below 30% of gross income.
Career Growth and Opportunities
Marine Engineers are in growing demand across the United States, with an expected job growth of 17% over the next decade. In Lexington, this translates to increasing opportunities and potential for salary growth as demand for experienced professionals continues to rise.