What is a good hourly wage in Chicago?

Hourly Rate Salary in Chicago, IL

Annual Salary Hourly Wage
Top Earners $75,517 $36
75th Percentile $51,372 $25
Average $50,956 $24
25th Percentile $29,795 $14

What is a decent salary in Chicago?

A good salary in Chicago, IL is anything over $50,000. That’s because the median income in Chicago is $50,000, which means if you earn more than that you’re earning more than 50% of the people living in Chicago. The average salary in Chicago is $60,132. A good hourly wage in Chicago is $24.04 per hour.

What is the minimum salary in Chicago?

Effective July 1, 2020: The minimum wage for large employers (21 or more employees) will increase to $14.00 per hour. The minimum wage for tipped workers of large employers will be $8.40 per hour. The minimum wage for small employers (4 to 20 employees) will increase to $13.50 per hour.

What is a livable salary in Illinois?

Living Wage Calculation for Cook County, Illinois

1 ADULT 2 ADULTS (BOTH WORKING)
0 Children 2 Children
Living Wage $19.29 $25.37
Poverty Wage $6.19 $6.37
Minimum Wage $12.00 $12.00

What is a comfortable wage in Chicago?

As of May 28, 2022, the average annual pay for the Comfortable jobs category in Chicago is $46,841 a year. Just in case you need a simple salary calculator, that works out to be approximately $22.52 an hour. This is the equivalent of $901/week or $3,903/month.

What is the poverty level in Chicago?

‘” Approximately 22 percent of Chicagoans fall below the Federal Poverty Level, which is an annual income of $26,200 for a family of four, according to federal guidelines.

What is minimum wage in Cook County?

CHICAGO (CBS) – In just a month, minimum wage in Cook County will increase from $13 an hour to $13.35 an hour for non-tipped workers. Tipped employees will increase from $7.20 an hour to $7.40 an hour. The state minimum wage is currently $12 an hour.

What is a comfortable salary in Chicago?

How much does a Comfortable make in Chicago, Illinois? As of May 31, 2022, the average annual pay for the Comfortable jobs category in Chicago is $48,416 a year.

Is rent expensive in Chicago?

As of June 2019, Chicago ranks 11th in terms of average rental prices in large American cities. This means Chicagoans pay relatively low rents for a major city (especially compared to San Francisco, where the average rent is a staggering $3,700).