Financial Advisor Pay

Chicago vs Champaign: Financial Advisor Salary (2026)

Compare financial advisor salaries between Chicago, IL and Champaign, IL. All figures are 2026 estimates projected from BLS 2025 data.

Chicago, IL
$116,946
$56.23/hr
Champaign, IL
$115,221
$55.40/hr

Side-by-Side Comparison

MetricChicago, ILChampaign, IL
Median Salary$116,946$115,221
Hourly Rate$56.23$55.40
Entry Level (P10)$52,735$56,185
25th Percentile$73,591$74,355
75th Percentile$178,957$159,051
Top Earner (P90)$333,081$233,344
Total Employed8,37080
Side-by-side bar chart comparing Chicago ($116,946) and Champaign ($115,221) financial advisor salaries.ChicagoChampaignMedian Salary$116,946$115,221Entry Level (P10)$52,735$56,185Top Earner (P90)$333,081$233,344US Median $108,537

Verdict

Chicago, IL offers better overall compensation for financial advisors, winning 4 out of 4 metrics compared to Champaign.

The salary gap between Chicago and Champaign is $1,725 (1.50%). Chicago's median is +7.75% compared to the US national median of $108,537.

Salary Range Comparison

The full salary range (10th to 90th percentile) in Chicago spans $280,346,Champaign spans $177,159. Chicago has a wider pay range, meaning more potential for high earners but also more variation.

Chicago
P10 (Entry)$52,735
P25$73,591
Median$116,946
P75$178,957
P90 (Top)$333,081
Champaign
P10 (Entry)$56,185
P25$74,355
Median$115,221
P75$159,051
P90 (Top)$233,344

Cost-of-Living Adjusted Comparison

After cost-of-living adjustment, Champaign ($124,289 effective) pays 10.10% more than Chicago ($112,888 effective).

Chicago
Nominal: $116,946
CoL Index: 103.595
Adjusted: $112,888
Champaign
Nominal: $115,221
CoL Index: 92.704
Adjusted: $124,289

Cost-of-living adjustment: salary × (100 / CoL index). Index of 100 = national average.

Which City Is Right for You?

Choose Chicago if…

  • Higher median salary ($116,946/year)
  • Better top-earner potential ($333,081)
  • Larger job market (8,370 employed)
  • You prefer the Illinois area and lifestyle

Choose Champaign if…

  • Better purchasing power (CoL-adjusted: $124,289)
  • You prefer the Illinois area and lifestyle

Historical Salary Growth Comparison

Based on BLS OEWS metropolitan area data, financial advisor salaries in Chicago grew -1.1% from 2019 to 2025, compared to 46.1% growth in Champaign over the same period.

Chicago, IL

+-1.1%

$114,460 (2019) → $113,210 (2025)

Champaign, IL

+46.1%

$76,370 (2019) → $111,540 (2025)

View Full Salary Data

Frequently Asked Questions

Which city pays financial advisors more: Chicago or Champaign?

Chicago has a higher median financial advisor salary at $116,946/year, compared to Champaign at $115,221/year — a difference of $1,725 (1.50%).

What is the hourly rate difference between Chicago and Champaign?

Chicago financial advisors earn $56.23/hr while Champaign hygienists earn $55.40/hr (2026 est.).

Should I relocate from Chicago to Champaign as a financial advisor?

Consider more than just salary when comparing Chicago and Champaign. Factor in cost of living (CoL-adjusted: Chicago = $112,888, Champaign = $124,289), job availability (8,370 vs 80 employed), commute, and career growth potential.

What do entry-level financial advisors earn in Chicago vs Champaign?

Entry-level (10th percentile) financial advisors earn $52,735 in Chicago and $56,185 in Champaign. The Champaign area offers higher starting salaries.

Related Comparisons

JL

Written by Jordan Lee, CFP

Career Analyst

Jordan has over 10 years of experience in financial planning. They specialize in retirement planning for individuals. They work at a financial services firm in New York City.

Clinically reviewed by Sophia Martinez, CFAData verified by Ethan Wang, ChFC

Methodology & Data Source

All salary figures are 2026 projections based on BLS OEWS May 2025 data. A 3.30% CAGR (derived from 6-year national BLS trends) was applied to estimate current compensation. Cost-of-living adjustments use BEA Regional Price Parity data. Actual salaries vary by employer, certifications, and experience.

Data Sources & Methodology

Source: BLS, OEWS , released .

Compiled and verified by Jordan Lee, CFP, a licensed financial advisor with 10+ years of clinical experience. · View source data at BLS.gov