Coding Bootcamp ROI Calculator
Calculate the return on investment for a coding bootcamp. Compare tuition cost, income share agreements, salary increase, and break-even timeline.
Formula & Reference
| Variable | Formula | Units |
|---|---|---|
| Coding Bootcamp ROI Calculator | Bootcamp ROI = Salary Increase x Years / Total Cost | ROI % |
Step-by-Step Examples
$15K tuition, $45K pre, $90K post, 12 weeks.
- Lost income: $45K x 12/52 = $10,385
- Total: $25,385
- Annual gain: $45K
- Break-even: 6.7 months!
- 5-yr ROI: 787%
$20K tuition, $55K pre, $95K post, 16 weeks.
- Lost income: $16,923 | Total: $36,923
- Annual gain: $40K | Break-even: 11 months
$12K tuition, working during bootcamp ($0 lost), $45K pre, $80K post.
- Total: $12K | Annual gain: $35K
- Break-even: 4.1 months
Real-World Applications
Common Mistakes to Avoid
Bootcamp reported job placement rates can be inflated. Ask: what % of graduates in coding roles within 6 months? Many inflate by including non-coding jobs or excluding job seekers.
Income Share Agreements can total 2-3x tuition if you get a high salary. Calculate: $15K tuition ISA at 15% for 24 months on $90K salary = 15% x $90K/12 x 24 = $27K - more than upfront tuition.
Entry-level developer salaries: $60K-$90K in most markets. The $90K-$120K median salaries bootcamps advertise often require 1-2 years of experience. Plan for entry-level salary initially.