Financial Analyst Salary in Chicago, Illinois
The median financial analyst salary in Chicago, IL is $107,440 per year, which is 13.0% above the national median and 11.9% above the Illinois state average.
Financial Analyst Pay in Chicago: What to Expect (2026)
Chicago offers a median financial analyst salary of $107,440, which is $11,409 above the Illinois state average of $96,031. Compared to the national median of $95,080, Chicago pays above average for this role.
Chicago's cost of living is 107% of the national average, meaning salary figures here closely reflect actual purchasing power. This makes direct comparisons to other cities straightforward.
The salary range for financial analysts in Chicago spans from $64,636 at the 10th percentile to $188,258 at the 90th percentile — a $123,622 spread. Entry-level professionals start around $67,800, while senior financial analysts with 8+ years of experience can earn up to $167,240. As a major metro area with a population of 2,693,976, Chicago typically offers more job opportunities and employer competition, which can drive salaries higher.
Financial Analyst Salary in Chicago by Experience
In Chicago, an entry-level financial analyst earns around $67,800, while experienced professionals earn up to $167,240 per year. The local cost of living index is 107% of the national average.
Salary Percentiles in Chicago, IL
| Percentile | Chicago |
|---|---|
| 10th Percentile | $64,636 |
| 25th Percentile | $82,264 |
| Median (50th) | $107,440 |
| 75th Percentile | $141,250 |
| 90th Percentile | $188,258 |
Financial Analyst Salary in Other Illinois Cities
How to Become a Financial Analyst in Chicago
Education
Most financial analyst positions require a bachelor's degree. Chicago and the surrounding Illinois area have institutions offering relevant programs.
Key Skills
Job Outlook
Nationally, financial analyst employment is projected to grow 8% over the next decade (faster than average). Demand in Chicago may vary based on local industry and population growth.
Find Financial Analyst Jobs in Chicago
Browse open financial analyst positions in Chicago, IL: