Skip to main content

Project Manager Salary in Chicago, IL — 2026 Guide

Estimated salaries are adjusted for Chicago's cost of living (index: 114). National data from BLS OEWS 2024; city adjustments reflect local market conditions.

Project Manager Salary in Chicago — Key Numbers

$112,381
Median Salary
$83,858
25th Percentile
$150,719
75th Percentile
$191,520
90th Percentile
National median (Project Manager)$98,580
vs. National median+14.0%
Chicago median household income$70,100
vs. City household income+60.3%

Cost of Living in Chicago

Cost of Living Index
114(100 = avg)
Median Monthly Rent$2,288/mo
Rent-to-Income Ratio24.4%
Annual rent cost$27,456
Median Home Price$315,000
Home Price / Salary2.8×
20% Down Payment$63,000
Years to save (20% rate)2.8 yrs

Rent-to-income below 28% is considered affordable; above 35% is cost-burdened. Home price multiple below 3× is affordable; above 5× is expensive by traditional guidelines.

Job Market in Chicago

4.6%
Unemployment Rate
9,560,000
Metro Population
31 min
Avg Commute
36.7
Median Age

Chicago has a metro population of 9,560,000, offering a large, diverse job market with many employers across all industries. The 4.6% unemployment rate is near the national average.

Financial Calculators for Chicago

💰
Take-Home Pay Calculator
See your net pay on $112,381/yr
⏱️
Salary to Hourly
Convert $112,381/yr to hourly rate
🏙️
Cost of Living — Chicago
Compare Chicago to other cities
🏠
Rent vs. Buy in Chicago
Is buying worth it on your salary?
📊
Budget Planner
Plan your budget in Chicago
🗺️
Project Manager Salary in Illinois
Statewide salary breakdown

Other Professions in Chicago

Physician$261,402Chief Executive Officer$239,400Dentist$200,081IT Manager$193,241Marketing Manager$179,687Lawyer$166,166

Project Manager Salary — Other Illinois Cities

Rockford, IL$81,821Peoria, IL$82,807

Frequently Asked Questions

How much does a Project Manager make in Chicago, IL?

The estimated median salary for a Project Manager in Chicago is $112,381 per year (2026). This is derived from the national BLS median of $98,580 adjusted by Chicago's cost of living index (114). The typical salary range runs from $83,858 (25th percentile) to $150,719 (75th percentile), with top earners reaching $191,520.

Is Chicago affordable for a Project Manager?

On a $112,381 annual salary, a Project Manager in Chicago would spend approximately 24.4% of gross monthly income on median rent ($2,288/month). This is well within the 28% affordability threshold, making Chicago relatively affordable for this profession. The median home price of $315,000 is 2.8× the annual salary.

How does a Project Manager's salary compare to Chicago's overall income?

Chicago's median household income is $70,100. A Project Manager earning the city-adjusted median of $112,381 earns 60.3% more than the typical Chicago household — placing them solidly in the middle-to-upper income tier for the city.

Explore More Salary Data

Project Manager — NationalProject Manager in IllinoisAll Salary Guides

Salary data from U.S. Bureau of Labor Statistics (BLS) OEWS, 2024 release. City salary estimates adjusted by cost of living index. City data from Census Bureau, BLS, Zillow, and ApartmentAdvisor (2024–2025). Last updated: March 2026.