Business & Finance Chicago, IL Pop. 2,693,976

Management Consultant Salary in Chicago, Illinois

The median management consultant salary in Chicago, IL is $112,333 per year, which is 13.0% above the national median and 11.9% above the Illinois state average.

City Median
$112,333
vs State Avg
+$11,929
vs National
+$12,923
Cost of Living
107%

Management Consultant Salary in Chicago by Experience

In Chicago, an entry-level management consultant earns around $67,800, while experienced professionals earn up to $186,450 per year. The local cost of living index is 107% of the national average.

Entry Level (0-2 yrs)
$67,800
+$7,800 vs national
Mid Level (3-7 yrs)
$113,000
+$13,000 vs national
Senior Level (8+ yrs)
$186,450
+$21,450 vs national

Salary Percentiles in Chicago, IL

Percentile Chicago
10th Percentile $62,376
25th Percentile $82,264
Median (50th) $112,333
75th Percentile $154,810
90th Percentile $202,948

Management Consultant Salary in Other Illinois Cities

How to Become a Management Consultant in Chicago

Education

Most management consultant positions require a bachelor's degree. Chicago and the surrounding Illinois area have institutions offering relevant programs.

Key Skills

Strategic PlanningData AnalysisPresentationChange ManagementProcess ImprovementClient Management

Job Outlook

Nationally, management consultant employment is projected to grow 10% over the next decade (faster than average). Demand in Chicago may vary based on local industry and population growth.