Financial Analyst Salary in Chicago, IL
How much do Financial Analysts earn in Chicago, IL? See local salary data, cost-of-living adjustments, and percentile breakdowns.
Local Median
$103,886
National Median
$99,890
vs National
+4%
CoL Adjusted
$96,818
| Percentile | Chicago, IL | National | Difference |
|---|---|---|---|
| 10th | $59,935 | $57,630 | +4% |
| 25th | $76,149 | $73,220 | +4% |
| 50th (Median) | $103,886 | $99,890 | +4% |
| 75th | $136,594 | $131,340 | +4% |
| 90th | $176,738 | $169,940 | +4% |
Chicago, IL has a cost of living index of 107.3 (national average = 100). This means living in Chicago, IL is 7% more expensive than the national average.
After adjusting for cost of living, a Financial Analyst's median salary of $103,886 in Chicago, IL has the purchasing power of approximately $96,818 at national-average prices.
Explore Chicago, IL Cost of LivingAnnual
$76,231
Monthly
$6,353
Biweekly
$2,932
| Tax Item | Amount |
|---|---|
| Gross Salary | $103,886 |
| Federal Income Tax | -$14,696 |
| State Tax (Illinois) | -$5,012 |
| Social Security | -$6,441 |
| Medicare | -$1,506 |
| Total Tax | -$27,655 |
| Take-Home Pay | $76,231 |
Based on single filer with standard deduction. Illinois has a flat 4.95% state income tax.
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Financial Analyst Salary in Chicago, IL: What to Expect in 2025
Financial Analysts in Chicago, IL earn a median salary of $103,886, which is 4% higher the national median of $99,890. The cost of living in Chicago, IL is close to the national average, so the salary roughly matches its purchasing power.