Economist salary in Chicago, IL

Based on 96 certified H-1B filings in the Chicago-Naperville-Elgin, IL-IN metro area, FY2025–FY2026. Includes Evanston, Mettawa.

Also listed as: Research Economist, Associate Economist

Median salary$150,000
Middle 50%$101.3k–$203.3k
vs. national median+7%comparison median $140,000
Filings96FY2025–FY2026 · latest two fiscal years

Salary range

Box: middle 50% of filings. Whiskers: 10th–90th percentile. 99% of filings are between $68,045 and $352,500.
PercentileSalary
10th$84,183
25th$101,253
50th (median)$150,000
75th$203,250
90th$250,000

Salary by year

Median salary

$70k $125k $180k FY2020: median $90,730 (55 filings) FY2021: median $87,464 (73 filings) FY2022: median $92,248 (70 filings) FY2023: median $114,996 (49 filings) FY2024: median $115,502 (47 filings) FY2025: median $123,000 (63 filings) FY2026: median $165,797 (33 filings) FY20 FY21 FY22 FY23 FY24 FY25 FY26

Filings per year

FY2020: 55 filings FY20 FY2021: 73 filings FY21 FY2022: 70 filings FY22 FY2023: 49 filings FY23 FY2024: 47 filings FY24 FY2025: 63 filings FY25 FY2026: 33 filings FY26 73
Shaded: FY2025–FY2026, the years behind the figures above. Median shown for years with at least 10 filings. FY2026 covers Q1–Q3 only.
Show as table
Fiscal yearMedianP25P75Filings
FY2020$90,730$73,154$125,88255
FY2021$87,464$67,122$128,14973
FY2022$92,248$82,150$138,75070
FY2023$114,996$89,000$175,00049
FY2024$115,502$94,750$193,56647
FY2025$123,000$93,750$191,25063
FY2026$165,797$125,000$235,00033

Cost of living

Chicago's median Economist salary of $150,000 is worth about $144,800 at national average prices.

Source: BEA Regional Price Parities, 2024 (U.S. = 100; Chicago = 103.6).

Top employers filing

EmployerMedianFilings
Cornerstone Research$230,00013
The Brattle Group$103,16412
Analysis Group$110,00011
Compass Lexecontoo few8
CRA Internationaltoo few8
Econic Partnerstoo few7
The University of Chicagotoo few7
Federal Reserve Bank of Chicagotoo few4
Northwestern Universitytoo few3
AECOM Technical Servicestoo few2

Employers with at least 2 filings here. Median shown at 10+ filings.

By experience level

Wage levelMedianFilings
Entry-level · Level I $93,750 34
Mid-level · Level II $160,000 36
Senior · Level III $163,473 12
Expert · Level IV $245,000 14

Median shown when a level has at least 10 filings.

Minimum H-1B salary by level

Wage levelPrevailing wage (most common)Median offered salaryFilings
Entry-level · Level I$62,296$93,75034
Mid-level · Level II$105,165$160,00036
Senior · Level III$123,115$163,47312
Expert · Level IV$165,797$245,00014

The prevailing wage is the minimum an employer must pay for this job and area. Amounts vary by county within a metro and by wage source.