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Petroleum Engineer Salary in Missoula, MT

How much does a petroleum engineer make in Missoula? Explore median, entry-level, and senior salaries adjusted for Missoula's cost of living.

Median Salary
$101,177
per year in Missoula
Entry Level
$61,655
Starting salary
Senior Level
$138,329
Experienced professionals
Cost of Living
114
14% above national avg

Salary Breakdown by Experience Level

See how petroleum engineer salaries break down across different pay periods in Missoula.

PeriodEntry LevelMedianSenior
Annual$61,655$101,177$138,329
Monthly$5,138$8,431$11,527
Biweekly$2,371$3,891$5,320
Weekly$1,186$1,946$2,660
Hourly$30$49$67

Missoula vs National Average

How Missoula's petroleum engineer salaries compare to national figures.

Missoula Salary
$101,177
COL Index: 114
National Average
$103,200
COL Index: 100
Difference
-$2,023
Lower in Missoula

Cost of Living in Missoula

1-Bedroom Rent
$1,700
per month
Median Income
$56,234
per year
Population
74,962
residents
Rent % of Income
36.3%
median household
Cost of Living Index: 114 — A score of 100 represents the U.S. average. Salaries in Missoula have been adjusted to account for local cost differences.

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

Reservoir EngineeringDrillingProduction SystemsCost Analysis

Growth Rate

Expected job growth: +15% over the next decade

Compare Cities: Petroleum Engineer Salary

See Petroleum Engineer salaries in other top cities.

New York, NY
$241,230
+138%
Los Angeles, CA
$161,320
+59%
Chicago, IL
$121,363
+20%
Houston, TX
$159,990
+58%
Phoenix, AZ
$102,942
+2%

Financial Tools to Explore

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Petroleum Engineer Salary in Missoula, MT — Complete Guide

Median Salary Overview

The median salary for a petroleum engineer in Missoula, MT is $101,177 per year, adjusted for the local cost of living index of 114. This figure reflects typical earnings for experienced professionals in this role, considering Missoula's unique economic conditions.

Salary Range and Experience Levels

Entry-level petroleum engineer professionals in Missoula can expect to earn around $61,655 annually. As professionals gain experience, salaries typically increase, with senior-level petroleum engineers earning approximately $138,329 per year. This represents a 124% increase from entry to senior level.

Cost of Living Adjustment

Missoula's cost of living index of 114 significantly impacts salary comparisons. As a higher cost-of-living city, salaries in Missoula 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 Missoula typically goes toward housing. With a 1-bedroom apartment averaging $1,700 per month, housing represents about 20.2% 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 Missoula, this translates to increasing opportunities and potential for salary growth as demand for experienced professionals continues to rise.

Data source: Salary estimates on this page are based on Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) program, adjusted for regional cost of living differences. Figures are approximate and intended for informational purposes only. Actual salaries may vary based on employer, experience, education, certifications, and local market conditions. This page does not constitute financial or career advice. For the most current wage data, visit bls.gov.