Engineering Albuquerque, NM Pop. 564,559

Petroleum Engineer Salary in Albuquerque, New Mexico

The median petroleum engineer salary in Albuquerque, NM is $125,210 per year, which is 5% below the national median and 2.2% above the New Mexico state average.

City Median
$125,210
vs State Avg
+$2,636
vs National
$-6,590
Cost of Living
95%

Petroleum Engineer Salary in Albuquerque by Experience

In Albuquerque, an entry-level petroleum engineer earns around $79,800, while experienced professionals earn up to $185,250 per year. The local cost of living index is 95% of the national average.

Entry Level (0-2 yrs)
$79,800
$-4,200 vs national
Mid Level (3-7 yrs)
$127,300
$-6,700 vs national
Senior Level (8+ yrs)
$185,250
$-9,750 vs national

Salary Percentiles in Albuquerque, NM

Percentile Albuquerque
10th Percentile $76,000
25th Percentile $96,900
Median (50th) $125,210
75th Percentile $159,600
90th Percentile $191,900

Petroleum Engineer Salary in Other New Mexico Cities

How to Become a Petroleum Engineer in Albuquerque

Education

Most petroleum engineer positions require a bachelor's degree. Albuquerque and the surrounding New Mexico area have institutions offering relevant programs.

Key Skills

Reservoir EngineeringDrillingGeologySimulation SoftwareProject ManagementData Analysis

Job Outlook

Nationally, petroleum engineer employment is projected to grow 8% over the next decade (faster than average). Demand in Albuquerque may vary based on local industry and population growth.