Entry-level Risk Analyst salary in Chicago, IL
Based on 23 certified H-1B filings at DOL wage level I in the Chicago-Naperville-Elgin, IL-IN metro area, FY2025–FY2026. Includes Schaumburg, Naperville, Aurora, Chicaco, Deerfield.
Also listed as: Financial Risk Specialist
Salary range
| Percentile | Salary |
|---|---|
| 10th | $64,717 |
| 25th | $69,450 |
| 50th (median) | $80,000 |
| 75th | $85,660 |
| 90th | $91,595 |
Cost of living
Chicago's median entry-level Risk Analyst salary of $80,000 is worth about $77,200 at national average prices.
Source: BEA Regional Price Parities, 2024 (U.S. = 100; Chicago = 103.6).
Compared with all workers here
All Financial Risk Specialists in the Chicago, IL area earned a median of $105,370 in May 2025 (2,360 employed). The H-1B median here is $80,000, 24% lower.
Source: U.S. Bureau of Labor Statistics, OEWS metropolitan area estimates. BLS wages include some incentive pay; H-1B figures are base salary.
Employers filing at this level
| Employer | Median | Filings |
|---|---|---|
| EY | too few | 6 |
| Goldman Sachs | too few | 4 |
| DePaul University | too few | 2 |
| Federal Home Loan Bank Chicago | too few | 2 |
Employers with at least 2 filings here. Median shown at 10+ filings.
By experience level
| Wage level | Median | Filings |
|---|---|---|
| Entry-level · Level I | $80,000 | 23 |
| Mid-level · Level II | $111,600 | 61 |
| Senior · Level III | $142,605 | 28 |
| Expert · Level IV | $155,000 | 33 |
Median shown when a level has at least 10 filings.
Minimum H-1B salary by level
| Wage level | Prevailing wage (most common) | Median offered salary | Filings |
|---|---|---|---|
| Entry-level · Level I | $64,584 | $80,000 | 23 |
| Mid-level · Level II | $89,710 | $111,600 | 61 |
| Senior · Level III | $113,942 | $142,605 | 28 |
| Expert · Level IV | $138,632 | $155,000 | 33 |
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.
