Product Manager Salary in Chicago, IL
Product Manager salaries in Chicago range from $96,000 to $276,000 in 2026. The mid-level median is $168,000, which is 20% above the national average.
Junior (0-2 yrs)
$96,000 – $132,000
Median: $114,000 · per year
Mid-Level (3-5 yrs)
$144,000 – $192,000
Median: $168,000 · per year
Senior (6+ yrs)
$198,000 – $276,000
Median: $237,000 · per year
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5 years
Entry level20+ years
Estimated Product Manager Salary in Chicago, IL
3 sources$171,000–$234,000/year
Median: $202,500 per year (adjusted for Chicago cost of living)
Junior
$114,000
0-2 yrs
Mid-Level
$168,000
3-5 yrs
Senior
$237,000
6+ yrs
Cost of Living in Chicago
Cost of Living Levelhigh
Population2.7M
Top IndustriesFinance & Trading, Technology, Manufacturing
vs National Average+20%
Top Employers in Chicago
BoeingUnited AirlinesAbbott LaboratoriesSalesforceMcDonald's Corporation
How Chicago Compares
| City | Mid-Level Median | Cost of Living |
|---|---|---|
| Chicago, IL | $168,000 | high |
| New York, NY | $203,000 | very high |
| Los Angeles, CA | $203,000 | very high |
| Houston, TX | $140,000 | moderate |
| Phoenix, AZ | $140,000 | moderate |
| Philadelphia, PA | $168,000 | high |