Petroleum Engineer Salary in Commerce City, CO
How much does a petroleum engineer make in Commerce City? Explore median, entry-level, and senior salaries adjusted for Commerce City's cost of living.
Salary Breakdown by Experience Level
See how petroleum engineer salaries break down across different pay periods in Commerce City.
| Period | Entry Level | Median | Senior |
|---|---|---|---|
| Annual | $67,995 | $111,580 | $152,551 |
| Monthly | $5,666 | $9,298 | $12,713 |
| Biweekly | $2,615 | $4,292 | $5,867 |
| Weekly | $1,308 | $2,146 | $2,934 |
| Hourly | $33 | $54 | $73 |
Commerce City vs National Average
How Commerce City's petroleum engineer salaries compare to national figures.
Cost of Living in Commerce City
About Petroleum Engineer
Overview
Design and develop oil and gas extraction and processing systems.
Education
Bachelor's degree in Petroleum Engineering; PE license recommended
Key Skills
Growth Rate
Expected job growth: +15% over the next decade
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Financial Tools to Explore
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Petroleum Engineer Salary in Commerce City, CO — Complete Guide
Median Salary Overview
The median salary for a petroleum engineer in Commerce City, CO is $111,580 per year, adjusted for the local cost of living index of 106. This figure reflects typical earnings for experienced professionals in this role, considering Commerce City's unique economic conditions.
Salary Range and Experience Levels
Entry-level petroleum engineer professionals in Commerce City can expect to earn around $67,995 annually. As professionals gain experience, salaries typically increase, with senior-level petroleum engineers earning approximately $152,551 per year. This represents a 124% increase from entry to senior level.
Cost of Living Adjustment
Commerce City's cost of living index of 106 significantly impacts salary comparisons. As a higher cost-of-living city, salaries in Commerce City are adjusted accordingly. This means that while the nominal salary may appear higher or lower than the national average of $103,200, the actual purchasing power must be considered in context.
Housing and Affordability
A significant portion of a petroleum engineer's salary in Commerce City typically goes toward housing. With a 1-bedroom apartment averaging $1,250 per month, housing represents about 13.4% of median salary. Financial experts generally recommend keeping housing expenses below 30% of gross income.
Career Growth and Opportunities
Petroleum Engineers are in growing demand across the United States, with an expected job growth of 15% over the next decade. In Commerce City, this translates to increasing opportunities and potential for salary growth as demand for experienced professionals continues to rise.