Physician / Doctor Salary in Chicago, IL
How much do Physician / Doctors earn in Chicago, IL? See local salary data, cost-of-living adjustments, and percentile breakdowns.
Local Median
$238,472
National Median
$229,300
vs National
+4%
CoL Adjusted
$222,248
| Percentile | Chicago, IL | National | Difference |
|---|---|---|---|
| 10th | $68,120 | $65,500 | +4% |
| 25th | $141,440 | $136,000 | +4% |
| 50th (Median) | $238,472 | $229,300 | +4% |
| 75th | $322,400 | $310,000 | +4% |
| 90th | $364,000 | $350,000 | +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 Physician / Doctor's median salary of $238,472 in Chicago, IL has the purchasing power of approximately $222,248 at national-average prices.
Explore Chicago, IL Cost of LivingAnnual
$163,215
Monthly
$13,601
Biweekly
$6,278
| Tax Item | Amount |
|---|---|
| Gross Salary | $238,472 |
| Federal Income Tax | -$49,326 |
| State Tax (Illinois) | -$11,674 |
| Social Security | -$10,453 |
| Medicare | -$3,804 |
| Total Tax | -$75,257 |
| Take-Home Pay | $163,215 |
Based on single filer with standard deduction. Illinois has a flat 4.95% state income tax.
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Physician / Doctor Salary in Chicago, IL: What to Expect in 2025
Physician / Doctors in Chicago, IL earn a median salary of $238,472, which is 4% higher the national median of $229,300. The cost of living in Chicago, IL is close to the national average, so the salary roughly matches its purchasing power.