Salaripedia
English

How much does a compensation make in Chicago?

$79,990a year

Median yearly pay for compensations in the Chicago-Naperville-Elgin, IL-IN metro area. That is $38.46 an hour or $6,666 a month.

Hourly
$38.46
Vs. national median
+2%
Rank among cities
46 of 233
Jobs in the area
3,500
Pay range
Lowest 10%: $53,000Median: $79,990Highest 10%: $130,000
PercentileYearlyHourly
10th$53,000$25.48
25th$63,290$30.43
Median$79,990$38.46
75th$102,200$49.15
90th$130,000$62.51

Other cities in Illinois

Median yearly pay for compensations.

Peoria, IL$84,020
St. Louis, MO$77,080
Davenport, IA$73,380
Rockford, IL$73,370
Springfield, IL$71,990
Bloomington, IL$71,110
Compensation salary in Illinois Compensation salary in all states

Related jobs in Chicago

Same field, median yearly pay.

Personal Financial Advisor$113,200
Financial Risk Specialist$105,400
Project Management Specialist$105,300
Management Analyst$105,100
Labor Relations Specialist$103,600
Financial and Investment Analyst$101,800
Insurance Underwriter$99,840
Financial Examiner$98,470
Tax Examiner and Collector$93,590
Credit Analyst$92,900
Salaries for every job in Chicago, IL

Frequently asked questions

How much does a compensation make an hour in Chicago?

The median hourly pay in the Chicago-Naperville-Elgin, IL-IN metro area is $38.46 ($79,990 a year).

Do compensations make more in Chicago than the national average?

Yes: $79,990 against $78,210 nationally, 2% more.

How does Chicago compare with the rest of Illinois?

The median in Illinois is $79,300, so Chicago pays 1% more.

Where does Chicago rank for compensation pay?

46 of 233 metro areas with data.

How much does a compensation make starting out in Chicago?

The lowest-paid 10% make $53,000 or less a year; the top 10% make $130,000 or more.

Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS): pay in May 2025, published by BLS in 2026. Hourly pay is the yearly figure divided by 2,080 hours.