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That cost is much higher at private medical schoolsâ, where the average price for tuition and fees is $52,515, according to the data submitted by 48 private medical schools to U.S. News in an annual survey. The average cost for tuition and fees among the 10 least expensive medical schools for in-state students was $19,355 per year.
Similarly, the cost at a private medical school was $46,456 a year for residents and $48,046 a year for non-residents. Considering that medical school lasts for four years, a medical degree can easily cost $120,000 to more than $200,000 for just tuition, fees and insurance.ccording to the Association of American Medical Colleges, the average cost for a first-year medical student at a public school in 2011-2012 was $28,947 a year for residents and $51,278 a year for non-residents.