Petroleum Engineers Salary
The median pay for a petroleum engineers in Odessa, TX is $135,620/year ($65.2/hour), per BLS data. The range runs from $79K at the entry level to $218K for experienced workers. Cost of living is below average (RPP 93.9), which stretches that salary to about $144,430 in buying power. Rent on a 2-bedroom averages $1,595/month, or 18.2% of estimated take-home pay.
So what does $136K get you in Odessa?
Groceries, utilities, transportation, and healthcare scaled from national averages by Odessa’s Regional Price Parity (93.9). Rent from HUD Fair Market Rents. Taxes estimated for single filer, standard deduction. * Healthcare is the employee-paid share only (premiums + out-of-pocket). Actual costs vary by coverage type: employer-sponsored, ACA marketplace, or uninsured.
About petroleum engineers
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What this looks like in Odessa
Petroleum engineers pay in Odessa tracks closely to the national median, $136K locally vs. $145K nationwide, a 6% difference. Housing is manageable: a 2-bedroom at the HUD median costs $1,595/month, 18.5% of take-home, well inside the 30% guideline. Regional Price Parity sits at 93.9 (national = 100), meaning everyday costs run about 6% cheaper here. Your dollar stretches further than the headline salary suggests. Use the affordability calculator above to model your specific situation.
Compared to nearby metros
Median pay for petroleum engineers in metros near Odessa, adjusted for local cost of living.
| Metro | Median pay | COL-adjusted |
|---|---|---|
| Houston-Pasadena-The Woodlands | $170K | $172K |
| Midland | $172K | $180K |
| Dallas-Fort Worth-Arlington | $169K | $164K |
| San Antonio-New Braunfels | $120K | $127K |
COL-adjusted = median salary ÷ (BEA Regional Price Parity ÷ 100). Expresses purchasing power in national-average dollars.
Compensation breakdown
Annual earnings by percentile, Odessa, TX
Entry-level petroleum engineers (10th percentile) start around $79K. Mid-career wages sit at $136K. Top earners bring in $218K or more, a $139K spread from bottom to top.
Petroleum Engineers pay across states
Median income ranked highest to lowest, compared to the national figure
View Petroleum Engineers salary in all states
| State | Median salary | vs. national | Employment |
|---|---|---|---|
| Alaska | $206K | +42% | 280 |
| Utah | $173K | +19% | 280 |
| Colorado | $172K | +19% | 1,390 |
| Texas | $165K | +14% | 9,140 |
| Oklahoma | $153K | +6% | 1,450 |
| California | $144K | -1% | 1,060 |
| Louisiana | $140K | -4% | 710 |
| Washington | $135K | -7% | 190 |
| North Dakota | $132K | -9% | 130 |
| Kansas | $116K | -20% | 110 |
| Montana | $104K | -28% | N/A |
| Pennsylvania | $102K | -30% | 600 |
| Nebraska | $101K | -30% | 150 |
| New Mexico | $100K | -31% | 260 |
| Ohio | $99K | -32% | 200 |
| West Virginia | $93K | -36% | 380 |
Showing 1–10 of 16 states with published data
BLS does not publish data for every state when sample sizes are too small
Track petroleum engineers salary changes
BLS updates this data quarterly. We'll email you when Odessa numbers change.
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Frequently asked questions
Can a petroleum engineer afford a 2BR apartment alone in Odessa?
Yes — at the median salary of $136K, rent takes 18.5% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $1,595/month. That stays under the 30% guideline most financial planners use.
What’s the entry-level salary for petroleum engineers in Odessa?
The 10th-percentile wage — what new petroleum engineers typically earn — is $79K/year. Take-home on that works out to about $4,739/month. At HUD’s $1,595/month FMR, rent would take 34% of that take-home — above the 30% guideline, so a 1-bedroom or shared housing is likely necessary starting out.
Is petroleum engineer a high-paying job in Odessa?
Pay here is roughly in line with the national average — $136K locally vs. $145K nationally, a 6% difference.
How does Odessa compare to the national average for petroleum engineers?
Odessa pays $136K median vs. the U.S. average of $145K — that’s -6%. After adjusting for local cost of living (RPP 93.9), the purchasing-power equivalent is $144K — below the national median.
How much do petroleum engineers make in Odessa, TX?
The median is $135,620 a year, that works out to about $65 an hour. But the range is wide: entry-level workers start around $78,980, and experienced petroleum engineers can clear $218,320. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $136K enough to live in Odessa?
On that salary, you'd take home roughly $8,621/month after taxes. A 2-bedroom here rents for about $1,595/month, which eats 18.5% of your paycheck. That's under the 30% guideline most financial planners use, so the numbers work.
How far does a petroleum engineers salary go in Odessa?
Odessa has a Regional Price Parity of 93.9 (100 is the national average). That's below average, your money stretches further here than the raw salary number suggests. After cost-of-living adjustment, the median petroleum engineers salary is worth about $144,430 in national-average purchasing power.
Where do petroleum engineers get paid the most?
The table above ranks every state by median pay for this role. Keep in mind that the highest-paying states tend to have the highest costs of living, so the top salary doesn't always mean the most money in your pocket.