DOL Median (Chicago, IL)
$125,176
vs National
-8.4%
National: $136,674BLS Median (area)
N/A
COL-Adjusted
$135,619
Purchasing power equiv.Salary Comparison
This Location (DOL)
$125,176
-8.4% vs national
National Average (DOL)
$136,674
Baseline
BLS Estimate (This Area)
N/A
No comparison
Purchasing Power Analysis
A Financial Managers in Chicago, IL earns $125,176 in nominal terms, which is 8.4% below the national average of $136,674. After adjusting for the local cost of living (index 92.3 vs national 100), this is equivalent to $135,619 in national-average purchasing power.
Tax differences are not included. Only cost-of-living index adjustments are applied.
Top Employers in Chicago, IL
| Employer | Median Salary | Filings |
|---|---|---|
| Citadel Americas LLC | $500,000 | 6 |
| BDT Capital Partners, LLC | $450,000 | 6 |
| Quantitative Risk Management, Inc | $365,000 | 2 |
| BofA Securities, Inc. | $350,000 | 18 |
| IFM Investors (US) LLC | $300,000 | 40 |
| ARYZTA LLC | $300,000 | 2 |
| BofAML Securities, Inc. | $300,000 | 14 |
| Coeur Mining, Inc | $280,000 | 4 |
| Trustwave Holdings Inc. | $265,696 | 2 |
| PricewaterhouseCoopers Advisory Services LLC | $250,000 | 14 |
| MERRILL LYNCH | $240,000 | 67 |
| Flat Tech Inc. | $225,000 | 1 |
| PWP Employer LP | $225,000 | 11 |
| BMO Capital Markets Corp | $225,000 | 16 |
| The University of Chicago | $224,700 | 2 |
| TULLETT PREBON AMERICAS HOLDINGS LLC | $220,000 | 3 |
| CITADEL LLC | $215,000 | 7 |
| Goldman Sachs & Co. LLC | $210,000 | 234 |
| Huron Consulting Services LLC | $210,000 | 4 |
| ERNST YOUNG U.S. LLP | $208,000 | 9 |
Explore More
Top-Paying Metros for Financial Managers
Rye, NE · $485,000Independence, OH · $445,000Concord, MA · $416,000Wilkes-Barre, PA · $380,000Beachwood, OH · $375,653Top-Paying Roles in Chicago, IL
Cardiologists · $300,000General Internal Medicine Physicians · $230,000Physicians, All Other · $230,000Chief Executives · $200,000Real Estate Brokers · $143,728Frequently Asked Questions
How much does a Financial Managers make in Chicago, IL?
The median Financial Managers salary in Chicago, IL is $125,176 based on 287 DOL filings.
Is Chicago, IL a good place to work as a Financial Managers?
A Financial Managers in Chicago, IL earns 8.4% less than the national median of $136,674, or $135,619 after adjusting for the local cost of living.
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Source: US Department of Labor, Office of Foreign Labor Certification (OFLC) public disclosure files (PERM Form ETA-9089 and LCA Form ETA-9035), and US Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS). Salary figures represent employer filings and government survey estimates, not individual worker pay.