Average Cost of Medical School

Report Highlights. The cost of a medical school education has risen by about 2.5% each year since 2014.

  • The average total cost of medical school is $235,827.
  • The average yearly cost of medical school is $58,968.
  • Total costs vary by institution type and location, ranging from $161,972 (in-state, public school) to $264,704 (out-of-state, private school).

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

Medical School Degree

After obtaining an undergraduate education and a bachelor’s degree, a medical school degree typically takes 4 years to complete. A medical school student studies for one of two degrees, either a Medical Doctor (M.D.) or a Doctor of Osteopathic Medicine (D.O.). After medical school, a graduate will enter a paid residency period to obtain their license. Residency typically lasts between 3 to 7 years.

  • The average cost of a medical school degree is $218,792.
  • Every year, the average cost of medical school rises by $1,158.
  • Subsequently, the cost of the average 4-year degree rises by $4,632.
  • The average cost of a public school education is $209,932.
  • The average cost of private school education is $261,812.
  • On average, an in-state resident pays $210,444 for medical school.
  • On average, an out-of-state resident pays $261,300 for medical school.

Average medical school cost 1129 on Education Data Initiative

Cost Per Year

The average cost of medical school per year – as with most forms of higher education- is cheaper in-state and at a public university than at an out-of-state, private college. Since 2013 however, the average annual price of an out-of-state education has dropped. In contrast, annual in-state costs for public schools have risen by more than 10%.

  • The average cost of medical school is $58,968 per year.
  • Per year, the average cost of a public medical school is $52,483.
  • Per year, the average cost of a private medical school is $65,453.
  • An in-state resident pays  $52,611 a year for medical school.
  • An out-of-state resident pays $65,325 a year for medical school.

 

Average medical school cost 1129 on Education Data Initiative

Cost by School

There are 193 accredited medical school programs in the United States. 38 of these programs award a Doctor of Osteopathic Medicine Degree (D.O). 154 of these programs award a Doctor of Medicine Degree (M.D.).

  • New York University Grossman School of Medicine and New York University Long Island School of Medicine are tied as the cheapest schools per year at $4,150 for both in-state and out-of-state residents.
  • Hackensack Meridian School of Medicine is the most expensive school per year at $80,203 for in-state residents.
  • The University of Washington School of Medicine is the most expensive school per year at $96,489 for out-of-state residents.

Name

*Some schools have multiple campuses and/or multiple programs*

Resident – Tuition, Fees, & Health Insurance Cost Nonresident – Tuition, Fees & Health Insurance Cost
Albany Medical College

$63,369

$63,369

Albert Einstein College of Medicine

$69,673

$69,673

Baylor College of Medicine

$28,465

$41,565

Annee Burnett Marion School of Medicine at TCU

$69,292

$69,292

Boston University School of Medicine

$75,514

$75,514

Brody School of Medicine at East Carolina University

$27,999

N/A

California Northstate University College of Medicine

$75,091

$75,091

California University of Science and Medicine – School of Medicine

$72,012

$72,012

Carle Illinois College of Medicine

$56,836

$69,823

Case Western Reserve University School of Medicine

$75,238

$75,238

Central Michigan University College of Medicine

$44,127

$64,237

Charles E. Schmidt College of Medicine at Florida Atlantic University

$34,186

$70,328

Chicago Medical School at Rosalind Franklin University of Medicine & Science

$68,924

$68,924

Columbia University Vagelos College of Physicians and Surgeons

$78,052

$78,052

Cooper Medical School of Rowan University

$46,998

$73,196

Creighton University School of Medicine

$70,738

$70,738

CUNY School of Medicine

$41,912

$69,572

Donald and Barbara Zucker School of Medicine at Hofstra/Northwell

$64,215

$64,215

Drexel University College of Medicine

$70,795

$70,795

Duke University School of Medicine

$73,629

$73,629

East Tennessee State University James H. Quillen College of Medicine

$41,754

$52,698

Eastern Virginia Medical School

$42,558

$64,937

Emory University School of Medicine

$60,076

$60,076

Florida International University Herbert Wertheim College of Medicine

$41,412

$72,912

Florida State University College of Medicine

$32,309

$71,941

Frank H. Netter MD School of Medicine at Quinnipiac University

$67,935

$67,935

Frederick P. Whiddon College of Medicine at the University of Southern Alabama

$38,413

$72,620

Geisel School of Medicine at Dartmouth

$73,951

$73,951

Geisinger Commonwealth School of Medicine

$69,142

$75,826

George Washington University School of Medicine and Health Sciences

$71,256

$71,256

Georgetown University School of Medicine

$75,698

$75,698

Hackensack Meridian School of Medicine

$80,203

$80,203

Harvard Medical School

$75,425

$75,425

Howard University College of Medicine

$59,623

$59,623

Icahn School of Medicine at Mount Sinai

$72,614

$72,614

Indiana University School of Medicine

$43,140

$69,287

Jacobs School of Medicine and Biomedical Sciences at the University at Buffalo

$51,141

$73,271

Johns Hopkins University School of Medicine

$67,894

$67,894

Kaiser Permanente Bernard J. Tyson School of Medicine

N/A

N/A

Keck School of Medicine of the University of Southern California

$75,245

$75,245

Kirk Kerkorian School of Medicine at University of Nevada, Las Vegas

$39,201

$70,890

Lewis Katz School of Medicine at Temple University

$63,119

$66,581

Loma Linda University School of Medicine

$67,056

$67,056

Louisiana State University School of Medicine in New Orleans

$39,400

$67,578

Louisiana State University School of Medicine in Shreveport

$33,551

$65,373

Loyola University Chicago Stritch School of Medicine

$66,902

$66,902

Marshall University Joan C. Edwards School of Medicine

$24,988

$59,150

Mayo Clinic Alix School of Medicine

$65,800

$65,800

McGovern Medical School at the University of Texas Health Science Center at Houston

$27,648

$34,288

Medical College of Georgia at Augusta University

$33,677

$62,601

Medical College of Wisconsin

$65,674

$69,214

Medical University of South Carolina College of Medicine

$30,642

$50,208

Meharry Medical College

$64,004

$64,004

Mercer University School of Medicine

$46,708

N/A

Michigan State University College of Human Medicine

$34,300

$61,054

Morehouse School of Medicine

$54,188

$54,188

New York Medical College

$70,454

$70,454

New York University Grossman School of Medicine

$3,950

$3,950

New York University Long Island School of Medicine

$4,350

$4,350

Northeast Ohio Medical University

$52,468

$96,031

Northwestern University The Feinberg School of Medicine

$77,088

$77,088

Nova Southeastern University Dr. Kiran C. Patel College of Allopathic Medicine

$73,079

$73,079

Oakland University William Beaumont School of Medicine

$59,096

$59,096

Ohio State University College of Medicine

$34,673

$59,593

Oregon Health & Science University School of Medicine

$57,045

$82,329

Pennsylvania State University College of Medicine

$61,850

$61,850

Perelman School of Medicine at the University of Pennsylvania

$76,035

$76,035

Ponce Health Sciences University School of Medicine

$49,832

$74,321

Renaissance School of Medicine at Stony Brook University

$54,744

$76,874

Robert Larner, M.D., College of Medicine at the University of Vermont

$42,874

$69,974

Rush Medical College of Rush University Medical Center

$63,596

$63,596

Rutgers New Jersey Medical School

$50,246

$77,090

Rutgers, Robert Wood Johnson Medical School

$49,490

$76,334

Saint Louis University School of Medicine

$67,294

$67,294

San Juan Bautista School of Medicine

$39,202

$49,202

Sidney Kimmel Medical College at Thomas Jefferson University

$70,181

$70,181

Southern Illinois University School of Medicine

$41,719

N/A

Spencer Fox Eccles School of Medicine at the University of Utah

$48,382

$88,319

Stanford University School of Medicine

$73,628

$73,628

State University of New York Downstate Medical Center College of Medicine

$50,114

$71,604

State University of New York Upstate Medical University

$50,105

$72,235

Texas A&M Health Science Center College of Medicine

$21,760

$34,860

Texas Tech University Health Sciences Center Paul L. Foster School of Medicine

$24,730

$39,681

Texas Tech University Health Sciences Center School of Medicine

$24,576

$36,676

The University of Texas Health Science Center at San Antonio Joe R. and Teresa Lozano Long School of Medicine

$25,730

$43,442

The University of Toledo College of Medicine and Life Sciences

$40,723

$74,009

The Warren Alpert Medical School of Brown University

$75,665

$75,665

Tufts University School of Medicine

$78,066

$78,066

Tulane University School of Medicine

$77,552

$77,552

Uniformed Services University of the Health Sciences F. Edward Hebert School of Medicine

N/A

N/A

Universidad Central del Caribe School of Medicine

$41,828

$49,833

University of Alabama School of Medicine

$38,443

$69,023

University of Arizona College of Medicine

$42,224

$60,396

University of Arizona College of Medicine-Phoenix

$41,379

$59,551

University of Arkansas for Medical Sciences College of Medicine

$39,898

$72,068

University of California, Davis, School of Medicine

$50,368

$62,613

University of California, Irvine, School of Medicine

$46,714

$58,959

University of California, Los Angeles David Geffen School of Medicine

$43,843

$56,088

University of California, Riverside School of Medicine

$44,924

$57,169

University of California, San Diego School of Medicine

$47,662

$59,907

University of California, San Francisco, School of Medicine

$47,315

$59,560

University of Central Florida College of Medicine

$33,000

$59,874

University of Chicago Division of the Biological Sciences The Pritzker School of Medicine

$66,402

$66,402

University of Cincinnati College of Medicine

$38,456

$57,314

University of Colorado School of Medicine

$49,420

$75,375

University of Connecticut School of Medicine

$50,516

$80,217

University of Florida College of Medicine

$39,751

$52,007

University of Hawaii, John A. Burns School of Medicine

$42,771

$77,427

University of Houston College of Medicine

$27,585

$40,684

University of Illinois College of Medicine

$52,804

$86,704

University of Iowa Roy J. and Lucille A. Carver College of Medicine

$38,122

$58,897

University of Kansas School of Medicine

$40,679

$71,334

University of Kentucky College of Medicine

$41,662

$76,066

University of Louisville School of Medicine

$49,322

$72,404

University of Maryland School of Medicine

$47,685

$77,137

University of Massachusetts Medical School

$47,347

$75,685

University of Miami Leonard M. Miller School of Medicine

$57,302

$57,302

University of Michigan Medical School

$56,802

$75,828

University of Minnesota Medical School

$43,713

$63,326

University of Mississippi School of Medicine

$39,793

N/A

University of Missouri-Columbia School of Medicine

$45,175

$88,296

University of Missouri-Kansas City School of Medicine

$43,914

$83,775

University of Nebraska College of Medicine

$42,966

$56,046

University of Nevada, Reno School of Medicine

$38,338

$65,588

University of New Mexico School of Medicine

$23,791

$52,027

University of North Carolina at Chapel Hill School of Medicine

$37,491

$65,451

University of North Dakota School of Medicine and Health Sciences

$38,574

$68,812

University of Oklahoma College of Medicine

$34,707

$70,003

University of Pittsburgh School of Medicine

$63,334

$71,800

University of Puerto Rico School of Medicine

$19,586

$37,086

University of Rochester School of Medicine and Dentistry

$75,289

$75,289

University of South Carolina School of Medicine Columbia

$47,579

$91,841

University of South Carolina School of Medicine Greenville

$47,623

$91,885

University of South Dakota, Sanford School of Medicine

$36,554

$81,384

University of Tennessee Health Science Center College of Medicine

$40,436

$57,978

University of Texas at Austin Dell Medical School

$24,525

$38,844

University of Texas Medical Branch School of Medicine

$29,486

$44,196

University of Texas Rio Grande Valley School of Medicine

$24,049

$37,149

University of Texas Southwestern Medical School

$25,928

$39,543

University of Virginia School of Medicine

$55,928

$68,084

University of Washington School of Medicine

$54,684

$96,489

University of Wisconsin School of Medicine and Public Health

$42,234

$59,484

USF Health Morsani College of Medicine

$33,726

$54,916

Vanderbilt University School of Medicine

$72,265

$72,265

Virginia Commonwealth University School of Medicine

$42,366

$67,038

Virginia Tech Carilion School of Medicine

$64,057

$64,057

Wake Forest School of Medicine of Wake Forest Baptist Medical Center

$68,501

$68,501

Washington State University Elson S. Floyd College of Medicine

$42,305

N/A

Washington University in St. Louis School of Medicine

$71,544

$71,544

Wayne State University School of Medicine

$44,208

$72,321

Weill Cornell Medicine

$78,709

$78,709

West Virginia University School of Medicine

$36,934

$70,738

Western Michigan University Homer Stryker M.D. School of Medicine

$67,000

$67,000

Wright State University Boonshoft School of Medicine

$46,903

$68,053

Yale School of Medicine

$74,549

$74,549

Schools With Waived Costs

Certain schools and programs offer tuition-free education. However, administrative costs and living expenses are still the responsibility of the student. Other schools offer partial tuition waivers based on financial need or academic merit.

  • New York University Grossman School of Medicine covers full tuition at $61,811.
  • Cleveland Clinic Lerner College of Medicine (CCLCM) covers full tuition and administrative fees.
  • The CCLCM covers full tuition for the first 5 cohorts of the program at $71,708.
  • Columbia University Irving Medical Center: Vagelos College of Physicians and Surgeons offers the Vagelos Scholarship Program which meets 100% of a student’s demonstrated financial need.
  • Cornell University: Weill Cornell Medicine offers debt-free need-based financial aid under a financial program that offers full-ride grants instead of loans.

Cost by Race & Gender

From a 2013 study of medical school debt by race, it was discovered that more than 62% of surveyed medical students anticipated having debt greater than $150,000. Black students were the most likely to have this level of debt than the other 3 races in the survey. Asians were the least likely to reach this level of debt. Men and Women were roughly equal in their response to anticipating high levels of debt.

  • 50.2% of Asians reported anticipating debt over $150,000.
  • 57.2% of Hispanics expected debt of over $150,000.
  • 65.1% of Whites anticipated having a debt over $150,000.
  • 77.3% of Blacks expected debt of over $150,000.
  • 63.2% of students in the Other category expected debt of over $150,000.
  • 61.6% of Males anticipated having over $150,000 in debt.
  • 62.5% of Females anticipated having over $150,000 in debt.

Average medical school cost 1129 2 1 on Education Data Initiative

Additional Costs

The average medical student applicant applies to 18 schools within a given year. Since there is a fee to apply to one school and subsequent fees to apply to other schools, an applicant should be aware of how the costs add up. Many other additional costs are associated with exam fees, equipment fees, and living fees while attending medical school.

  • The initial Medical College Admission Test (MCAT) needed to apply for medical school costs $335 per test.
  • The initial application fee is $175 through the AAMC.
  • Each additional application costs $45.
  • The average applicant spends $985 sending out applications.
  • There may also be deposit fees to hold an initial applicant’s spot in the program, these may range anywhere from $500 to $3,000.
  • Interview and travel costs on average $1,000 for clothes, hotel accommodations, flight costs, and food.
  • The United States Medical Licensing Examination (USMLE) during the 2nd and 4th years of medical school cost $660 for both Step 1 and Step 2 CK.
  • Books and medical instruments can cost an additional $100 to $2000 depending on the program. 

Sources

  1. Association of American Medical Colleges: Tuition and Student Fees Reports
  2. The Color of Debt: Racial Disparities in Anticipated Medical Student Debt in the United States
  3. 10 Costs to Expect When Applying to Medical School
  4. Cost of Attendance | NYU Grossman School of Medicine
  5. Tuition: Cost of Attendance | Cleveland Clinic Lerner College of Medicine
  6. Vagelos Scholarship Program
  7. Costs & Aid | Weil Cornell Medical College
  8. AAMC: US MD-Granting Medical School Applications and Matriculants by School, State of Legal Residence
  9. MCAT® Scheduling Fees | Students & Residents
  10. The Cost of Applying to Medical School | Students & Residents
  11. NBME: Taking the USMLE Licensing Exam 
  12. UMich: Medical School Budget 
  13. Tuition & Financial Aid | Cleveland Clinic Lerner College of Medicine