In Chicago, IL, Financial Analysts earn a median of $102,450 a year — about 9% below the U.S. median of $112,950. Among the 50 metros tracked here for this role, that ranks #11.
What that pay is worth in Chicago
Local prices run 104 on the BEA cost-of-living index (U.S. = 100), so a $123,000 salary buys less than it looks — about $118,732 in national-average buying power.
Can Financial Analysts afford a home in Chicago?
A typical Chicago home runs about $315,200 — 2.6 times the average Financial Analyst salary, very affordable against the classic 3x rule of thumb. Median rent near $1,380/mo takes roughly 13% of gross pay — within the 30% comfort line.
The Financial Analyst pay ladder in Chicago
Entry-level (10th percentile) Financial Analysts earn about $67,670; the top 10% reach $213,040 — a $145,370 spread, wide for this field. Most of that gap comes down to experience, employer, and how hard you negotiate.
The Financial Analyst job market in Chicago
Chicago employs roughly 14,540 Financial Analysts. It’s a sizable local market to build a career in.
Compare Chicago with other cities
See the full Financial Analyst salary by city ranking to weigh Chicago against the other metros on both pay and cost-adjusted value, or use the cost-of-living calculator to compare any two cities directly.
Frequently asked questions
How much do Financial Analysts make in Chicago?
The average Financial Analyst in Chicago, IL earns about $123,000 per year, 8.9% above the national average of $112,950.
What is the take-home pay for Financial Analysts in Chicago after taxes?
After federal and IL taxes, this $123,000 salary is worth about $89,248 a year - roughly $7,437 a month in take-home pay, an effective tax rate near 27%.
What do the highest-paid Financial Analysts earn in Chicago?
The top 10% of Financial Analysts in Chicago earn about $213,040 a year, versus about $67,670 for the bottom 10%.
Can Financial Analysts afford a home in Chicago?
A typical Chicago home runs about $315,200 - roughly 2.6x this salary, within reach by the classic 3x rule of thumb.