Salary Breakdown for Chicago
The median individual income in Chicago is $41,108 per year, which works out to approximately $3,426/month or $19.76/hour for full-time workers. The median household income is $65,781.
Cost of Living Adjusted Salary
Chicago's cost of living index is 107 (national average = 100). The median salary of $41,108 in Chicago has the purchasing power of approximately $38,419 at the national average cost of living. Chicago is roughly in line with the national average, making it a balanced option for salary vs expenses.
Top Employers in Chicago
- University of Chicago
- Northwestern Medicine
- Abbott Labs
Major Industries in Chicago
- Finance
- Technology
- Manufacturing
How Chicago Compares to Illinois
See the full statewide salary data, tax rates, and more details on our average salary in Illinois page. Thinking about starting a business? Check our LLC guide for Illinois.
Cost of Living in Chicago
See a detailed breakdown of housing, groceries, utilities, and more on our cost of living in Chicago page.
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