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

Naperville, IL
$113,327
Pop. 149,540
Aurora, IL
$100,404
Pop. 197,757
Springfield, IL
$90,463
Pop. 114,394
Rockford, IL
$87,481
Pop. 148,655

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.

Find Management Consultant Jobs in Chicago

Browse open management consultant positions in Chicago, IL:

Indeed → LinkedIn → ZipRecruiter → Glassdoor →

Frequently Asked Questions: Management Consultant Salary in Chicago

How much does a Management Consultant make in Chicago, IL? ▼
The median management consultant salary in Chicago, Illinois is $112,333 per year, which is 13.0% above the national median of $99,410. Salaries range from $62,376 (10th percentile) to $202,948 (90th percentile).
How much does a Management Consultant make per hour in Chicago? ▼
Based on the median annual salary of $112,333, a management consultant in Chicago earns approximately $54 per hour assuming a standard 2,080-hour work year.
How does Chicago compare to the Illinois state average for management consultant pay? ▼
Chicago's median management consultant salary of $112,333 is 11.9% above the Illinois state average of $100,404. The local cost of living index is 107% of the national average.
What is the cost of living in Chicago, IL? ▼
Chicago has a cost of living index of 107% compared to the national average. This means a management consultant salary of $112,333 in Chicago has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a management consultant in Chicago? ▼
Most management consultant positions in Chicago require a bachelor's degree. Key skills include Strategic Planning, Data Analysis, Presentation, Change Management. The job market is projected to grow 10% nationally over the next decade.