College Factual  by our College Data Analytics Team
       Unbiased Factual Guarantee

Is Carnegie Mellon a Good School for the Money?

Below Average National Value
Unknown In-State Value
$241,369 Avg Total Cost

Carnegie Mellon University Value Report

What is a Carnegie Mellon degree worth? College Factual's value analysis compares Carnegie Mellon with other schools of similar quality to see if it's priced fairly.

Below Average Value Nationwide

Below Average National Value
Top 1% National Quality
Expensive Price

Carnegie Mellon University is ranked #2,080 out of 2,223 for value nationwide.

Based on our analysis of other colleges at similar price points, we believe Carnegie Mellon University is overpriced for the quality education it provides. (This takes into account average financial aid and may not apply to you if you have further scholarships, grant or aid provided to you.)

National Value Ranking  2080 out of 2223
Great Value
National Value Score  7.18 out of 100
Great Value

Prices of Institutions with Similar Quality Scores

SchoolTotal PriceValue Grade

*Total price is determined by multiplying average annual cost by time to graduate.

We're Looking at a Total Cost of $241,369 for a Carnegie Mellon Degree

The Carnegie Mellon time to graduate is about 4.19 years and will cost an estimated $57,606 per year. This brings the total cost to 241,369.

Average Yearly Cost$57,606
Average Years to Graduate4.19
Estimated Avg Total Cost of Degree$241,369

Many Factors Affect Net Price

There are many ways you can lower the cost of a college education. Consider taking advantage of in-state tuition, or shortening the length of your degree by taking summer classes. Learn more about Carnegie Mellon cost for other factors that may affect net price such as the financial aid you qualify for that is largely based on your family's income.

Does This School Make Financial Sense To You?

$165,572 In-State With Aid
$320,263 Avg Cost No Aid
4.19 Years to Graduate

Net price can vary based on your unique situation.

Look at the table below to get a sense of how Carnegie Mellon value for your educational dollar might vary.

Nationwide Value by Aid GroupAvg Degree CostValue RankValue Grade
Students with no Aid$320,263#0F
All Students$241,369#2,080F
Only Students Receiving Aid$165,572#1,099C
In-State Value by Aid GroupAvg Degree CostValue RankValue Grade
Students with no Aid$320,263#F
All Students$241,369#F
Only Students Receiving Aid$165,572#F

Note: the Value Grade for in-state students is calculated by looking only at other schools in the state of Pennsylvania.

About 60% of Carnegie Mellon students receive financial aid. Get more details on what Carnegie Mellon financial aid you may qualify for.

How to Finance The Gap

How to Calculate Value

College Factual calculates average total cost by multiplying net price by time to graduation. We then compare the average total cost to other schools of a similar quality to determine value. If the school is priced fairly based on the educational quality it receives a fair ranking. If it is underpriced it receives a good or excellent value.

Read the full Best for the Money Ranking Methodology.


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