Financial Advisor Pay

Chicago vs Crystal Lake: Financial Advisor Salary (2026)

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

Chicago, IL
$116,946
$56.23/hr
Crystal Lake, IL
$110,542
$53.15/hr

Side-by-Side Comparison

MetricChicago, ILCrystal Lake, IL
Median Salary$116,946$110,542
Hourly Rate$56.23$53.15
Entry Level (P10)$52,735$64,114
25th Percentile$73,591$79,591
75th Percentile$178,957$141,494
Top Earner (P90)$333,081$171,341
Total Employed8,3709
Side-by-side bar chart comparing Chicago ($116,946) and Crystal Lake ($110,542) financial advisor salaries.ChicagoCrystal LakeMedian Salary$116,946$110,542Entry Level (P10)$52,735$64,114Top Earner (P90)$333,081$171,341US Median $108,537

Verdict

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

The salary gap between Chicago and Crystal Lake is $6,404 (5.79%). 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,Crystal Lake spans $107,227. 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
Crystal Lake
P10 (Entry)$64,114
P25$79,591
Median$110,542
P75$141,494
P90 (Top)$171,341

Cost-of-Living Adjusted Comparison

After cost-of-living adjustment, Crystal Lake ($113,843 effective) pays 0.85% more than Chicago ($112,888 effective).

Chicago
Nominal: $116,946
CoL Index: 103.595
Adjusted: $112,888
Crystal Lake
Nominal: $110,542
CoL Index: 97.1
Adjusted: $113,843

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 Crystal Lake if…

  • Better purchasing power (CoL-adjusted: $113,843)
  • 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 Crystal Lake over the same period.

Chicago, IL

+-1.1%

$114,460 (2019) → $113,210 (2025)

Crystal Lake, IL

+0.6%

$106,335 (2024) → $107,011 (2025)

View Full Salary Data

Frequently Asked Questions

Which city pays financial advisors more: Chicago or Crystal Lake?

Chicago has a higher median financial advisor salary at $116,946/year, compared to Crystal Lake at $110,542/year — a difference of $6,404 (5.79%).

What is the hourly rate difference between Chicago and Crystal Lake?

Chicago financial advisors earn $56.23/hr while Crystal Lake hygienists earn $53.15/hr (2026 est.).

Should I relocate from Chicago to Crystal Lake as a financial advisor?

Consider more than just salary when comparing Chicago and Crystal Lake. Factor in cost of living (CoL-adjusted: Chicago = $112,888, Crystal Lake = $113,843), job availability (8,370 vs 9 employed), commute, and career growth potential.

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

Entry-level (10th percentile) financial advisors earn $52,735 in Chicago and $64,114 in Crystal Lake. The Crystal Lake 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