PricingCustomersResources
Try for FreeRequest a Demo
Open MenuClose Menu icon

salary information

Salary Information for a Hardware Engineer in Chicago, IL

Median salary:

This data reflects Total Cash for a Level 1 Hardware Engineer at a mid-size company. To get more detailed information on total compensation for the role of Hardware Engineer in Chicago, IL, including base pay, total cash, and equity by job level, region and company size, please join OpenComp.

25th percentile
50th percentile
75th percentile

Behind the numbers

What is the adjusted total comp for a Hardware Engineer in Chicago, IL?

Total Comp (TC)
Cost of Living (COL) Index
COL-Adjusted TC
Median Home Price

73

Total Comp (TC)

Cost of Living (COL) Index
73
COL-Adjusted TC

Median Home Price

What are the responsibilities of a Hardware Engineer in Chicago, IL?

Applies the principles of�hardware engineering�to the design, development, maintenance, testing, and evaluation of computer hardware.

What are the characteristics of a level 1 Hardware Engineer?

A level 1 Hardware Engineer in Chicago, IL is a developing professional and technical expertise. They are able to resolve routine issues and problems and have an average of 1 year of work experience.

Hardware Engineer

Benchmark Role

Individual Contributor

Job Type

Hardware Engineering

Job Family

Technology

Job Area

Quality of Life in Chicago, IL on a $110,330 Salary

Chicago, IL, offers a distinct urban experience with its rich culture, diverse neighborhoods, and vibrant economic scene. When earning $110,330 annually in Chicago, it's crucial to consider how this salary measures up against the cost of living, housing market, healthcare, and educational opportunities compared to the broader United States.

Cost of Living

  • General Expenses: Chicago's overall cost of living index is slightly higher than the national average. Groceries, utilities, and transportation can take a sizeable chunk of an individual's income, though they remain relatively comparable to other major U.S. cities.
  • Taxes: Illinois has a flat income tax rate, but property taxes can be high, impacting take-home pay and purchasing power.

Housing Market

  • Median Home Prices: As of recent data, Chicago's median home price is somewhat above the national median, reflecting its position as a major metropolitan area.
  • Rental Market: Renting is a viable option, with a wide range of prices depending on the neighborhood. The rental market remains competitive, but more affordable than cities like New York or San Francisco.
  • Affordability: With a salary of $110,330, purchasing a median-priced home may require careful budgeting but is achievable, especially with a dual-income household.

Quality of Life

  • Work-Life Balance: Chicago offers numerous recreational activities, cultural venues, and a thriving food scene, which contributes positively to the quality of life.
  • Public Transportation: The city boasts an extensive public transportation network, making commuting convenient and reducing the reliance on personal vehicles.

Access to Healthcare

  • Healthcare Facilities: Chicago is home to some highly-rated hospitals and medical centers, providing excellent healthcare services.
  • Health Insurance Costs: These can be significant, but quality employer-provided health insurance can mitigate out-of-pocket expenses.

Quality of K-12 Schools

  • Public Schools: The quality of public schools varies widely across neighborhoods, with some receiving top marks nationally and others struggling due to insufficient resources.
  • Private Schools: There are reputable private and charter schools, though they involve tuition costs that can impact a family's budget.

Overview

Living in Chicago on a $110,330 salary can provide a comfortable lifestyle, though it requires mindful budgeting, especially concerning housing and education. The vibrant cultural scene, good public transportation, and access to top

See salary information for the Hardware Engineer role elsewhere in the United States

Try OpenComp today

Sign-up to search for more detailed compensation information that includes base pay, total cash, and equity by role, city, and job level

What is OpenComp? OpenComp provides innovative solutions for compensation management. Organizations use OpenComp to:

OpenComp aggregates multiple data sources to provide accurate salary data for Chicago, IL, specifically for a Level 1 Hardware Engineer. The primary source is real-time, crowd-sourced salary information collected through direct integrations with hundreds of customer-connected HRIS platforms.

You are in safe hands with us.

Feel confident that your comp data is safe and secure with OpenComp's access controls, data encryption, security certifications and system audits.