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Marketing Manager Salary in Chicago, IL

How much does a marketing manager make in Chicago? Explore median, entry-level, and senior salaries adjusted for Chicago's cost of living.

Median Salary
$158,800
per year in Chicago
Entry Level
$93,767
Starting salary
Senior Level
$219,295
Experienced professionals
Cost of Living
112
12% above national avg

Salary Breakdown by Experience Level

See how marketing manager salaries break down across different pay periods in Chicago.

PeriodEntry LevelMedianSenior
Annual$93,767$158,800$219,295
Monthly$7,814$13,233$18,275
Biweekly$3,606$6,108$8,434
Weekly$1,803$3,054$4,217
Hourly$45$76$105

Chicago vs National Average

How Chicago's marketing manager salaries compare to national figures.

Chicago Salary
$158,800
COL Index: 112
National Average
$113,170
COL Index: 100
Difference
+$45,630
Higher in Chicago

Cost of Living in Chicago

1-Bedroom Rent
$1,700
per month
Median Income
$58,984
per year
Population
2,693,976
residents
Rent % of Income
34.6%
median household
Cost of Living Index: 112 — A score of 100 represents the U.S. average. Salaries in Chicago have been adjusted to account for local cost differences.

About Marketing Manager

Overview

Develop and execute marketing strategies to promote products and services.

Education

Bachelor's degree in Marketing or related field

Key Skills

Marketing StrategyCampaign ManagementMarket ResearchLeadership

Growth Rate

Expected job growth: +21% over the next decade

Compare Cities: Marketing Manager Salary

See Marketing Manager salaries in other top cities.

New York, NY
$175,560
+11%
Los Angeles, CA
$163,100
+3%
Houston, TX
$144,420
-9%
Phoenix, AZ
$137,370
-13%
Philadelphia, PA
$161,340
+2%

Financial Tools to Explore

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Marketing Manager Salary in Chicago, IL — Complete Guide

Median Salary Overview

The median salary for a marketing manager in Chicago, IL is $158,800 per year, adjusted for the local cost of living index of 112. This figure reflects typical earnings for experienced professionals in this role, considering Chicago's unique economic conditions.

Salary Range and Experience Levels

Entry-level marketing manager professionals in Chicago can expect to earn around $93,767 annually. As professionals gain experience, salaries typically increase, with senior-level marketing managers earning approximately $219,295 per year. This represents a 134% increase from entry to senior level.

Cost of Living Adjustment

Chicago's cost of living index of 112 significantly impacts salary comparisons. As a higher cost-of-living city, salaries in Chicago are adjusted accordingly. This means that while the nominal salary may appear higher or lower than the national average of $113,170, the actual purchasing power must be considered in context.

Housing and Affordability

A significant portion of a marketing manager's salary in Chicago typically goes toward housing. With a 1-bedroom apartment averaging $1,700 per month, housing represents about 12.8% of median salary. Financial experts generally recommend keeping housing expenses below 30% of gross income.

Career Growth and Opportunities

Marketing Managers are in growing demand across the United States, with an expected job growth of 21% over the next decade. In Chicago, this translates to increasing opportunities and potential for salary growth as demand for experienced professionals continues to rise.

Source: BLS OEWS May 2024Metro-level wage data for this occupation and area
Data source: Salary data on this page are sourced from Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) program May 2024 estimates. Figures are approximate and intended for informational purposes only. Actual salaries may vary based on employer, experience, education, certifications, and local market conditions. This page does not constitute financial or career advice. For the most current wage data, visit bls.gov.