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1 A master's degree in occupational therapy typically costs $15,000-$70,000. 2  For example, Milligan College, a private college in Tennessee, offers the 79-credit master's degree in occupational therapy for $49,000. There are only a handful of accredited doctorate programs in occupational therapy, costing $43,000-$108,000 and typically taking 3-5 years to complete.
Between 1996 and 2006, the average cost of obtaining a masterâs degree rose from $9,272 to $14,825, a 60% increase.The cost of a Ph.D. has risen at a similar rate, from $13,423 to $20,903. The actual cost of a masterâs degree will vary depending on the school you attend, and the type of field you choose to pursue.owever, the actual figure depends largely on your field of study. The average masterâs degree holder will make an additional $180,010. For individuals with a masterâs in business or engineering, this number shoots up to around $375,000.