Petroleum Engineers Salary in Arizona: Cost of Living Adjusted (2024)

What does a Petroleum Engineers salary really buy you in Arizona?

Arizona is near the US average cost of living

Data: BLS OEWS 2024 + BEA Regional Price Parities 2022 • Updated 2026-04-02

Nominal Salary
$143,520
Median annual (2024)
+0.1%
Real Purchasing Power
$143,663
COL-adjusted (RPP=99.9)

Arizona Cost of Living Index

Arizona's Regional Price Parity (RPP) is 99.9, meaning prices are 0.1% lower the national average. A Petroleum Engineers earning $143,520 in Arizona has the equivalent purchasing power of $143,663 in an average-cost US state.

AZ: 99.9
Cheapest (~85) US Avg (100) Priciest (~115)

Salary Breakdown: Nominal vs. COL-Adjusted

Every dollar goes further in low-cost states. Here is how each salary percentile compares after adjusting for Arizona's cost of living.

Percentile Nominal Salary COL-Adjusted Difference
10th Percentile (P10) $105,920 $106,026 +$106
25th Percentile (P25) $127,260 $127,387 +$127
Median (P50) $143,520 $143,663 +$143
75th Percentile (P75) $143,520 $143,663 +$143
90th Percentile (P90) $147,110 $147,257 +$147
Key Insight

Arizona's cost of living is close to the national average, so $143,520 keeps most of its value at $143,663 in real terms. Location choice here is more about career opportunities than cost arbitrage.

Best States for Petroleum Engineers (After Cost of Living)

Where does Petroleum Engineers salary stretch the furthest? Top 10 states ranked by COL-adjusted median salary.

$195,064
RPP 108.8
$166,187
RPP 102.3
$164,196
RPP 97.7
4. Texas
$151,630
RPP 97.5
$151,158
RPP 90.6
6. Florida
$150,372
RPP 102.1
$149,054
RPP 88.8
$147,981
RPP 88.7
9. Arizona
$143,663
RPP 99.9
$140,736
RPP 91.0

Arizona ranks #9 out of 26 states for Petroleum Engineers after cost-of-living adjustment.

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How much do you actually take home? See Petroleum Engineers take-home pay in Arizona after taxes →

Frequently Asked Questions

What is the real salary for a Petroleum Engineers in Arizona after cost of living?

A Petroleum Engineers in Arizona earns a median salary of $143,520 per year. After adjusting for Arizona's cost of living (RPP=99.9), the real purchasing power is $143,663 — a +0.1% difference.

Is Arizona expensive to live in?

Arizona's cost of living is 0.1% lower than the national average according to the BEA Regional Price Parities (2022). The RPP index for Arizona is 99.9 (US average = 100).

What are Regional Price Parities (RPP)?

Regional Price Parities (RPPs) are price indexes published by the U.S. Bureau of Economic Analysis (BEA) that measure differences in price levels across states. They are expressed as a percentage of the national average (US = 100). Higher RPP means higher cost of living.

How is the cost-of-living adjusted salary calculated?

The adjusted salary is calculated as: Nominal Salary x (100 / RPP). For a Petroleum Engineers in Arizona: $143,520 x (100 / 99.9) = $143,663. This represents what the salary would be worth in a state with average living costs.

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