Financial Analyst Salary in Chicago, IL
2024 BLS OEWS Data · Finance · COL Index: 107.3
$102,790
Median Salary
$117,210
Mean Salary
$95,797
COL-Adjusted
14,970
Employment
Salary Distribution
Percentile Breakdown
| Percentile | Salary | COL-Adjusted |
|---|---|---|
| 10th Percentile (Entry Level) | $64,070 | $59,711 |
| 25th Percentile | $78,550 | $73,206 |
| 50th Percentile (Median) | $102,790 | $95,797 |
| 75th Percentile | $133,030 | $123,979 |
| 90th Percentile (Top Earners) | $202,050 | $188,304 |
What Drives the Range
The $137,980 spread between the 10th and 90th percentiles for Financial Analyst positions in Chicago, IL reflects several factors. Entry-level professionals and those in smaller organizations typically fall in the lower quartiles, while senior specialists, those with in-demand certifications, and employees at large enterprises command salaries in the upper percentiles.
Chicago, IL's cost-of-living index of 107.3 means that a $102,790 median salary here has the same purchasing power as $95,797 in an average-cost U.S. city. The relatively moderate cost of living makes this a competitive market for purchasing power.