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2023 Economics Cost

There are about 110,055 students enrolled in Economics in the USA.

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Compared to national avg.

Median degree cost


Vs. National Avg.


cost Rank



Economics is the 15th most expensive major in the nation, with a median cost of $54,253 among the top 50 programs (just ahead of #16, English Language and Literature, with a median cost of $54,150).

New England has the most expensive colleges with top 50 economics programs led by Amherst College with an annual cost of $57,640. The most expensive state for economics is Vermont led by Middlebury College and Saint Michael's College.

Public schools with good programs typically charge 77.06% less than private schools for in-state students. However, when looking at out-of-state tuition, the median top 50 Public school charges 46.76% less than your average private school. So, if you're applying to a state school, make sure you're eligible for in-state tuition as soon as possible.

The most expensive top 25 college for economics is Columbia University in the City of New York, which is the 3rd most expensive college in the nation. The most affordable option in the top 100 is CUNY Queens College. It costs just $14,880 per year but is its economics program is ranked #76. If you’re looking for the least expensive option in the top 25, University of Wisconsin-Madison  might be a good fit for you, ranked #14 with an in-state cost of just $9,273. Another more affordable option would be #7, University of California-Berkeley in Alameda County, CA with a cost of $11,442 for in-state students and $41,196 for out-of-state students.

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