Average Cost of Medical School

Report Highlights. American medical schools have increased costs by an average of $1,452 every year since 2005.

  • The class of 2025 paid* $234,792 to attend the average U.S. medical school.
  • The average cost of medical school in the 2025-26 academic year (AY) was $61,110, up 2.33% year-over-year (YoY).
  • Including the average tuition and fees to earn a Bachelor of Health Sciences, a typical new med school graduate paid $380,415 to obtain their degree.
  • The class of 2030 can expect to pay $419,300 to obtain their medical degree, including undergrad tuition and fees.
  • Among the 206 U.S. medical schools, the most expensive (Northeast Ohio Medical University) charged nonresidents $102,657 in AY 2025-26.

*Including health insurance, average tuition and fees among public and private medical schools for resident and nonresident students. This report excludes additional costs of attendance, such as room and board, except where otherwise noted.

2024-25 Average Medical School Tuition, Fees, and Insurance
Institution Type Residence Status Average Cost
Public Resident $43,016
Private Resident $68,342
Public Nonresident $68,032
Private Nonresident $69,789

Related reports include Average Cost of Law School | Average Cost of a Master’s Degree | Average Cost of a Doctorate Degree | Average Cost of College| Average Cost of Community College

Average Cost of Medical School

Public medical schools are less expensive than private schools, and residents generally pay less than nonresidents.

  • The average public medical school charged $43,016 to residents in the 2025-26 academic year (AY).
  • Nonresidents paid $68,032 to attend the average public medical school in AY 2025-26.
  • The average private medical school charged $68,342 to residents in the AY 2025-26.
  • Nonresidents paid $68,789 to attend the average private medical school in AY 2025-26.

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Historic Cost of Medical School

Graduates of medical school usually earn the credential of Medical Doctor (M.D.) or Doctor of Osteopathic Medicine (D.O.).

  • Over the past 20 years, the average annual cost of medical school increased at a compound annual growth rate (CAGR) of 3.36%.
  • Between AY 2005-06 and AY 2025-26, medical school tuition increased 89.6%, up from an average $32,237. 
  • Medical school tuition and fees increased 76.4% between AY 1995-96 and AY 2005-06, up from an average $18,278.

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Average Cost of a Medical Degree

A medical school degree typically takes 4 years to complete (excluding undergraduate study).

  • Graduates in 2026 paid $165,134 for a medical degree from an in-state public institution.
  • Nonresidents in the class of 2026 paid $264,666 for a medical degree from the average public institution.
  • 2026 resident graduates from the average private school paid $262,786 for their medical degree.
  • Nonresidents of the class of 2026 paid $266,408 for a degree from the average private medical school.
Annual Cost of Medical School Tuition, Fees, and Insurance
Academic Year Average Cost Annual Cost Inflation
2025-26 $61,110 2.33%
2024-25 $59,720 3.52%
2023-24 $57,687 2.51%
2022-23 $56,275 1.81%
2021-22 $55,277 4.10%
2020-21 $53,101 -0.96%
2019-20 $53,618 1.58%
2018-19 $52,783 1.88%
2017-18 $51,811 2.73%
2016-17 $50,433 2.09%
2015-16 $49,403 3.45%
2014-15 $47,755 3.18%
2013-14 $46,285 3.92%
2012-13 $44,540 4.22%
2011-12 $42,736 5.70%
2010-11 $40,432 5.41%
2009-10 $38,357 5.73%
2008-09 $36,277 3.56%
2007-08 $35,030 4.83%
2006-07 $33,417 3.66%
2005-06 $32,237 5.26%
2004-05 $30,628 9.45%
2003-04 $27,984 7.36%
2002-03 $26,065 7.16%
2001-02 $24,324 6.10%
2000-01 $22,926 4.43%
1999-2000 $21,954 4.07%
1998-99 $21,096 4.24%
1997-98 $20,239 4.77%
1996-97 $19,317 5.69%
1995-96 $18,278 NA

Historic Cost of a Medical Degree

The class of 2026 paid over twice as much for medical school than the class of 2006 did.

  • The largest annual increase in the 21st century was 9.45%, occurring between AYs 2003-04 and 2004-05.
  • Ultimately, 2026 medical school graduates paid 100.8% more in tuition and fees over four (4) years than the class of 2006, which paid an average of $116,913.
  • Over the past 20 years, the average total cost of a medical degree increased at a CAGR of 3.73%.
  • Between AY 2005-06 and AY 2025-26, the average total medical school cost increased by 100.8%, up from an average of $116,913. 
  • Between the class of 1999 and the class of 2026, the average cost of a medical degree increased by 197.5%, up from an average of $78,930.

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Medical School Cost Projections

If current trends continue, students can expect tuition costs to increase at an average annual rate of $1,511.

  • By AY 2029-30, medical students will pay $66,527 at the average med school.
  • The average cost of medical school has a projected CAGR of 2.18% between AYs 2025-26 and 2029-30.
  • Medical school alone will cost the class of 2030 an estimated $257,808, excluding the cost of an undergraduate degree.

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Cost by School

Among the accredited medical school programs in the U.S., 162 are allopathic (M.D.) and 44 are osteopathic (D.O.).

  • Alice L. Walton School of Medicine offers the lowest** annual cost of attendance at $2,390 for residents and nonresidents alike.
  • Hackensack Meridian School of Medicine has the most expensive in-state tuition at $84,425.
  • At Northeast Ohio Medical University,the annual cost of attendance for out-of-state students is $46,528 more than for in-state students, who pay $56,129.

**Some schools, such as the Kaiser Permanente Bernard J. Tyson School of Medicine, offer full or partial tuition waivers.

Medical School Cost to Students AY 2025-26
Name Residents Nonresidents
Albany Medical College $65,689 $65,689
Albert Einstein College of Medicine $82,697 $82,697
Alice L. Walton School of Medicine $2,390 $2,390
Anne Burnett Marion School of Medicine at TCU $75,119 $75,119
Baylor College of Medicine $29,697 $42,793
Boston University Aram V. Chobanian & Edward Avedisian School of Medicine $77,607 $77,607
Brody School of Medicine at East Carolina University $28,225 $59,665
California Northstate University College of Medicine $81,901 $81,901
California University of Science and Medicine-School of Medicine $79,982 $79,982
Carle Illinois College of Medicine $57,713 $70,831
Case Western Reserve University School of Medicine $78,526 $78,526
Central Michigan University College of Medicine $47,710 $70,968
Charles E. Schmidt College of Medicine at Florida Atlantic University $34,186 $70,328
Charles R. Drew University of Medicine and Science College of Medicine $76,682 $76,682
Chicago Medical School at Rosalind Franklin University of Medicine & Science $78,543 $78,543
Columbia University Vagelos College of Physicians and Surgeons $82,962 $82,962
Cooper Medical School of Rowan University $50,830 $76,932
Creighton University School of Medicine $74,628 $74,628
CUNY School of Medicine $41,911 $69,571
Donald and Barbara Zucker School of Medicine at Hofstra/Northwell $68,648 $68,648
Drexel University College of Medicine $79,275 $79,275
Duke University School of Medicine $78,442 $78,442
East Tennessee State University James H. Quillen College of Medicine $42,858 $53,802
Eastern Virginia Medical School at Old Dominion University $43,506 $65,832
Emory University School of Medicine $65,838 $65,838
Florida International University Herbert Wertheim College of Medicine $41,816 $76,314
Florida State University College of Medicine $30,271 $68,278
Frank H. Netter MD School of Medicine at Quinnipiac University $70,599 $70,599
Frederick P. Whiddon College of Medicine at the University of South Alabama $39,655 $74,888
Geisel School of Medicine at Dartmouth $79,424 $79,424
Geisinger Commonwealth School of Medicine $70,494 $77,448
George Washington University School of Medicine & Health Sciences $77,080 $77,080
Georgetown University School of Medicine $81,130 $81,130
Hackensack Meridian School of Medicine $84,425 $84,425
Harvard Medical School $80,729 $80,729
Howard University College of Medicine $62,924 $62,924
Icahn School of Medicine at Mount Sinai $83,157 NA
Indiana University School of Medicine $45,907 $73,448
Jacobs School of Medicine and Biomedical Sciences at the University at Buffalo $49,846 $74,566
Johns Hopkins University School of Medicine $72,448 $72,448
Keck School of Medicine of the University of Southern California $79,713 $79,713
Kirk Kerkorian School of Medicine at UNLV $42,364 $75,983
Lewis Katz School of Medicine at Temple University $60,560 $64,136
Loma Linda University School of Medicine $71,832 $71,832
Louisiana State University School of Medicine in New Orleans $40,375 $68,553
Louisiana State University School of Medicine in Shreveport $33,146 $66,560
Loyola University Chicago Stritch School of Medicine $76,528 $76,528
Marshall University Joan C. Edwards School of Medicine $27,662 $62,246
Mayo Clinic Alix School of Medicine $70,084 $70,084
McGovern Medical School at the University of Texas Health Science Center at Houston $29,603 $37,258
Medical College of Georgia at Augusta University $35,191 $67,497
Medical College of Wisconsin $73,607 $77,077
Medical University of South Carolina College of Medicine $44,989 $74,104
Meharry Medical College $64,987 $64,987
Mercer University School of Medicine $48,895 NA
Michigan State University College of Human Medicine $36,864 $64,688
Morehouse School of Medicine $65,114 $65,114
New York Medical College $77,683 $77,683
Northeast Ohio Medical University $56,129 $102,657
Northwestern University The Feinberg School of Medicine $82,304 $82,304
Nova Southeastern University Dr. Kiran C. Patel College of Allopathic Medicine $78,260 $78,260
NYU Grossman Long Island School of Medicine $4,350 $4,350
NYU Grossman School of Medicine $4,350 $4,350
Oakland University William Beaumont School of Medicine $61,484 $61,484
Ohio State University College of Medicine $36,120 $61,040
Oregon Health & Science University School of Medicine $59,642 $85,950
Pennsylvania State University College of Medicine $65,771 $72,975
Perelman School of Medicine at the University of Pennsylvania $82,153 $82,153
Ponce Health Sciences University School of Medicine $53,780 $80,142
Renaissance School of Medicine at Stony Brook University $56,659 $79,309
Robert Larner, M.D., College of Medicine at the University of Vermont $44,802 $75,468
Roseman University College of Medicine $73,067 $73,067
Rush Medical College of Rush University Medical Center $66,238 $66,238
Rutgers New Jersey Medical School $52,650 $81,126
Rutgers, Robert Wood Johnson Medical School $52,458 $80,934
Saint Louis University School of Medicine $72,240 $72,240
San Juan Bautista School of Medicine $39,606 $49,606
Sidney Kimmel Medical College at Thomas Jefferson University $76,368 $76,368
Southern Illinois University School of Medicine $43,901 NA
Spencer Fox Eccles School of Medicine at the University of Utah $52,257 $94,987
Stanford University School of Medicine $79,147 $79,147
State University of New York Upstate Medical University Alan and Marlene Norton College of Medicine $55,404 $80,124
SUNY Downstate Health Sciences University College of Medicine $54,852 $79,572
Texas A&M University Naresh K. Vashisht College of Medicine $22,998 $36,098
Texas Tech University Health Sciences Center Paul L. Foster School of Medicine $26,526 $41,647
Texas Tech University Health Sciences Center School of Medicine $26,924 $40,024
The University of Texas at Tyler School of Medicine $25,880 $41,820
The University of Texas Health Science Center at San Antonio Joe R. and Teresa Lozano Long School of Medicine $30,236 $45,652
The University of Toledo College of Medicine and Life Sciences $43,498 $79,327
The Warren Alpert Medical School of Brown University $80,037 $80,037
Thomas F. Frist, Jr. College of Medicine at Belmont University $72,877 $72,877
Tufts University School of Medicine $78,738 $78,738
Tulane University School of Medicine $82,790 $82,790
Universidad Central del Caribe School of Medicine $44,683 $56,720
University of Alabama at Birmingham Marnix E. Heersink School of Medicine $40,844 $71,348
University of Arizona College of Medicine $43,790 $63,443
University of Arizona College of Medicine – Phoenix $44,131 $63,462
University of Arkansas for Medical Sciences College of Medicine $42,162 $76,226
University of California, Davis, School of Medicine $56,275 $68,520
University of California, Irvine, School of Medicine $50,778 $63,023
University of California, Los Angeles David Geffen School of Medicine $52,763 $65,008
University of California, Riverside School of Medicine $47,876 $60,121
University of California, San Diego School of Medicine $51,776 $64,021
University of California, San Francisco, School of Medicine $53,441 $65,686
University of Central Florida College of Medicine $33,236 $60,110
University of Chicago Division of the Biological Sciences The Pritzker School of Medicine $72,082 $72,082
University of Cincinnati College of Medicine $38,469 $57,327
University of Colorado School of Medicine $52,056 $78,011
University of Connecticut School of Medicine $52,922 $81,107
University of Florida College of Medicine $39,689 $51,945
University of Hawaii, John A. Burns School of Medicine $43,177 $77,833
University of Houston Tilman J. Fertitta Family College of Medicine $27,726 $40,826
University of Illinois College of Medicine $54,545 $88,445
University of Iowa Roy J. and Lucille A. Carver College of Medicine $39,313 $60,712
University of Kansas School of Medicine $43,314 $73,806
University of Kentucky College of Medicine $42,542 $77,638
University of Louisville School of Medicine $52,631 $77,939
University of Maryland School of Medicine $50,582 $82,906
University of Massachusetts T.H. Chan School of Medicine $52,752 $83,178
University of Miami Leonard M. Miller School of Medicine $61,817 $61,817
University of Michigan Medical School $62,934 $83,772
University of Minnesota Medical School $48,973 $71,644
University of Mississippi School of Medicine $42,336 NA
University of Missouri-Columbia School of Medicine $49,786 $97,328
University of Missouri-Kansas City School of Medicine $48,756 $92,705
University of Nebraska College of Medicine $47,153 $61,629
University of Nevada, Reno School of Medicine $43,933 $72,636
University of New Mexico School of Medicine $24,095 $52,331
University of North Carolina at Chapel Hill School of Medicine $38,646 $66,971
University of North Dakota School of Medicine and Health Sciences $40,346 $70,939
University of Oklahoma College of Medicine $39,484 $74,780
University of Pittsburgh School of Medicine $72,250 $77,526
University of Puerto Rico School of Medicine $19,686 $37,186
University of Rochester School of Medicine and Dentistry $80,570 $80,570
University of South Carolina School of Medicine Columbia $48,612 $92,874
University of South Carolina School of Medicine Greenville $48,692 $92,954
University of South Dakota, Sanford School of Medicine $37,526 $83,656
University of Tennessee Health Science Center College of Medicine $43,106 $62,602
University of Texas at Austin Dell Medical School $26,106 $41,170
University of Texas Medical Branch John Sealy School of Medicine $30,431 $45,597
University of Texas Rio Grande Valley School of Medicine $24,970 $38,070
University of Texas Southwestern Medical School $28,560 $41,660
University of Virginia School of Medicine $59,154 $73,102
University of Washington School of Medicine $57,968 $102,319
University of Wisconsin School of Medicine and Public Health $44,392 $62,514
USF Health Morsani College of Medicine $33,726 $57,036
Vanderbilt University School of Medicine $76,877 $76,877
Virginia Commonwealth University School of Medicine $45,072 $70,730
Virginia Tech Carilion School of Medicine $67,597 $67,597
Wake Forest University School of Medicine $71,924 $71,924
Washington State University Elson S. Floyd College of Medicine $45,012 NA
Washington University in St. Louis School of Medicine $74,693 $74,693
Wayne State University School of Medicine $50,468 $78,717
Weill Cornell Medicine $84,386 $84,386
West Virginia University School of Medicine $40,121 $77,057
Western Michigan University Homer Stryker M.D. School of Medicine $69,800 $69,800
Wright State University Boonshoft School of Medicine $52,034 $79,196
Yale School of Medicine $79,346 $79,346

Excludes costs that are effectively zero thanks to general scholarships or tuition waivers.

Some schools have multiple campuses and/or multiple programs.

Schools With Waived Costs

Certain medical school programs are tuition-free or offer tuition waivers. In such cases, the student’s financial responsibilities usually include administrative costs and living expenses.

  • New York University Grossman School of Medicine offers a scholarship and subsidy that covers the full cost of their tuition and health insurance ($74,825 for AY 2026-27).
  • A former professor at the Albert Einstein College of Medicine donated $1 billion to effectively eliminate tuition for all students beginning in fall 2024.
  • Students whose family incomes fall below $300,000 receive free tuition at Johns Hopkins University Medical School thanks to a $1 billion donation.
  • Other medical schools that offer generous financial aid packages include (but are not limited to):
    • Kaiser Permanente Bernard J. Tyson School of Medicine has granted students full tuition waivers since opening in 2020.
    • Cornell University’s Weill Cornell Medicine offers debt-free need based financial aid that includes full-ride grants.
    • Uniformed Services University of the Health Sciences F. Edward Hebert School of Medicine is always tuition-free.

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Additional Costs

Including the cost of living while in medical school, there are additional costs such as entrance exams and applications for aspiring students, as well as licensing and residency interviews for upcoming and new graduates. Most medical students leave school with some educational debt.

  • Registration for the Medical College Admission Test (MCAT), which is a medical school application requirement, costs $355 for 2026 testing dates.
  • Most schools use the American Medical College Application Service® (AMCAS®), which costs $180 for the first school and $48 for each additional school in 2027.
  • Aspiring medical students applied to an average of 19.5 schools for the 2025-26 academic year.
  • Federal origination loan fees for AY 2026-27 are 4.228% for Graduate PLUS Loans and 1.057% for Stafford loans.
  • The United States Medical Licensing Examination (USMLE), which medical school students take in their 2nd and 4th years, costs $695 per exam in 2026.

Sources

  1. Association of American Medical Colleges (AAMC), Data & Reports
  2. Med School Insiders, How Many Medical Schools Are in the United States?
  3. National Bureau of Economic Research, The Costs of and Net Returns to College Major
  4. National Center for Education Data Statistics, Digest of Education Statistics
  5. New York University Grossman School of Medicine, Cost of Attendance
  6. Georgetown University Office of Advancement, The Feed
  7. Cornell University, Debt Free Medical Education
  8. Uniformed Services University F. Edward Hébert School of Medicine, MD FAQ
  9. Federal Student Aid, Interest Rates and Fees
  10. National Board of Medical Examiners, Taking The United States Medical Licensing Examination®
  11. Kaiser Permanente Bernard J. Tyson School of Medicine, Full Tuition Support