Chicago vs Hoffman Estates: Financial Advisor Salary (2026)
Compare financial advisor salaries between Chicago, IL and Hoffman Estates, IL. All figures are 2026 estimates projected from BLS 2025 data.
Side-by-Side Comparison
| Metric | Chicago, IL | Hoffman Estates, IL |
|---|---|---|
| Median Salary | $116,946▲ | $115,654 |
| Hourly Rate | $56.23▲ | $55.61 |
| Entry Level (P10) | $52,735 | $67,079▲ |
| 25th Percentile | $73,591 | $83,270▲ |
| 75th Percentile | $178,957▲ | $148,037 |
| Top Earner (P90) | $333,081▲ | $179,263 |
| Total Employed | 8,370▲ | 8 |
Verdict
Chicago, IL offers better overall compensation for financial advisors, winning 4 out of 4 metrics compared to Hoffman Estates.
The salary gap between Chicago and Hoffman Estates is $1,292 (1.12%). 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,Hoffman Estates spans $112,184. Chicago has a wider pay range, meaning more potential for high earners but also more variation.
Cost-of-Living Adjusted Comparison
After cost-of-living adjustment, Hoffman Estates ($119,108 effective) pays 5.51% more than Chicago ($112,888 effective).
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 Hoffman Estates if…
- ✓Better purchasing power (CoL-adjusted: $119,108)
- ✓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 0.6% growth in Hoffman Estates over the same period.
Chicago, IL
$114,460 (2019) → $113,210 (2025)
Hoffman Estates, IL
$111,251 (2024) → $111,959 (2025)
View Full Salary Data
Chicago, IL
Hoffman Estates, IL
Frequently Asked Questions
Which city pays financial advisors more: Chicago or Hoffman Estates?
What is the hourly rate difference between Chicago and Hoffman Estates?
Should I relocate from Chicago to Hoffman Estates as a financial advisor?
What do entry-level financial advisors earn in Chicago vs Hoffman Estates?
Related Comparisons
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.
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