Financial Analyst Salary in Chicago
2026 compensation data for Financial Analyst positions in Chicago, IL. Ranges from $61,000 (entry-level) to $184,000 (senior). Median: $103,000.
Median (Mid)
$103,000
$49.52/hr
vs National
+3%
US: $100,000
COL Index
115
vs US avg = 100
Senior Max
$184,000
Top of band
Salary Ranges by Experience Level
Detailed Compensation Breakdown
| Level | Annual Min | Annual Median | Annual Max | Hourly (Median) |
|---|---|---|---|---|
| Entry-Level (0–2 yrs) | $61,000 | $71,000 | $86,000 | $34.13/hr |
| Mid-Level (3–5 yrs) | $84,000 | $103,000 | $126,000 | $49.52/hr |
| Senior (6+ yrs) | $121,000 | $149,000 | $184,000 | $71.63/hr |
What Your Salary Is Really Worth in Chicago
A mid-level financial analyst earning $103,000 in Chicago has the same buying power as $90,000 in an average US city, after adjusting for the local cost of living (COL index 115).
Cost of living comparisons use a base of 100 (US national average). Higher index = higher housing, transport, and consumer prices.
About Financial Analyst Salaries in Chicago
The median financial analyst salary in Chicago, IL is $103,000 for mid-level professionals, which is 3% above the national median. With a cost of living index of 115 (national average = 100), Chicago offers a moderate cost of living with competitive salaries.
Entry-level financial analysts in Chicago can expect to earn between $61,000 and $86,000 (about $34.13/hour), while senior professionals with 6+ years of experience earn up to $184,000 ($184K annually, or about $88.46/hour).
These figures represent base salary only and do not include bonuses, equity, or benefits, which can add 20–50% to total compensation — especially at technology companies and in competitive markets like Chicago.
Frequently Asked Questions: Financial Analyst Salary in Chicago
What is the average Financial Analyst salary in Chicago?+
The average Financial Analyst salary in Chicago is $103,000 for a mid-level professional (3–5 years of experience). Entry-level pay starts around $71,000 and senior-level pay reaches $149,000.
How much does an entry-level financial analyst make in Chicago?+
Entry-level financial analysts in Chicago earn between $61,000 and $86,000, with a median of $71,000 per year (about $34.13/hour).
What is the hourly rate for a Financial Analyst in Chicago?+
Based on a 2,080-hour work year, a Financial Analyst in Chicago earns roughly $34.13/hour at entry-level, $49.52/hour at mid-level, and $71.63/hour at senior-level.
Is the Financial Analyst salary in Chicago higher than the US average?+
Yes — Financial Analyst salaries in Chicago are about 3% higher than the US national median of $100,000.
Does this include bonuses or equity?+
No — these figures are base salary only. Total compensation (base + bonus + equity + benefits) is typically 20–50% higher, and can be 2–3x at top technology and finance employers.
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