Petroleum Engineers Salary in Montana
Official Bureau of Labor Statistics Data - May 2024 - MT
Median Annual Salary in Montana
$115,984
$55.76 / hour
▼ 12.0% below national avg
National Median
$131,800
$63.37 / hour nationally
COL-Adjusted Purchasing Power
$106,898
Missouri equivalent (COL: 108.5)
Petroleum Engineers Salary in Montana
| Percentile | Annual Salary |
|---|---|
| 10th (Entry Level) | $61,472 |
| 25th Percentile | $83,508 |
| 50th (Median) | $115,984 |
| 75th Percentile | $160,058 |
| 90th (Top Earners) | $199,492 |
| Source: U.S. Bureau of Labor Statistics OEWS, May 2024 | |
Free: Top 50 Highest Paying Jobs by State
Printable guide - see which jobs pay the most in your state
Check your email! Your free resource is on its way. (Check spam if you don't see it.)
Cost of Living Adjusted Salary
The Montana median salary of $115,984 for Petroleum Engineers has the purchasing power of approximately $106,898 in Missouri (the COL baseline state with index 100).
Montana's higher cost of living (COL index: 108.5) reduces the real purchasing power of wages compared to lower-cost states.
COL data: MERIC 2024 State Cost of Living Index. Missouri = 100 baseline.
Frequently Asked Questions
How much do Petroleum Engineers make in Montana?
Petroleum Engineers in Montana earn a median annual salary of $115,984 per year ($55.76/hr) according to BLS OEWS data (May 2024). This is below the national median of $131,800.
Is Montana a good state for Petroleum Engineers?
Montana pays slightly below the national average for petroleum engineers. Cost of living in Montana is higher average (COL index: 108.5).
What is the cost-of-living adjusted salary for Petroleum Engineers in Montana?
After adjusting for cost of living (COL index: 108.5 vs. Missouri baseline of 100), the $115,984 salary in Montana has the purchasing power of approximately $106,898 in Missouri. Higher living costs in Montana reduce real purchasing power.
How does Montana compare to neighboring states for Petroleum Engineers salaries?
For detailed comparison across all states, see the full Petroleum Engineers salary page at the national level, which includes a complete 50-state salary table.
Top Paying Jobs in Montana
| # | Job Title | Median Annual |
|---|---|---|
| 1 | Anesthesiologists | $292,336 |
| 2 | Radiologists | $272,730 |
| 3 | Orthopedic Surgeons, Except Pediatric | $269,474 |
| 4 | Neurologists | $260,128 |
| 5 | Surgeons, All Other | $259,178 |
| 6 | Ophthalmologists, Except Pediatric | $239,254 |
| 7 | Psychiatrists | $219,822 |
| 8 | Physicians, Pathologists | $214,650 |
| Source: BLS OEWS May 2024 | ||
About Petroleum Engineers in Montana
Petroleum Engineers work in their specialized field applying expertise and skills to deliver value in their organization. This occupation is part of the technology sector of the U.S. economy.
Education Required: Bachelor's degree