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Salary · CEO · BLS OEWS May 2025 · metropolitan area

CEO salary in Chicago, IL: $344,960 median.

BLS reports occupational wages for the Chicago-Naperville-Elgin, IL-IN metropolitan statistical area (CBSA 16980), which includes Chicago, Naperville and Elgin and surrounding communities. Figures describe that whole area, not Chicago city limits. It spans Illinois and Indiana.

Updated Nov 2, 2026 · Data: BLS OEWS May 2025 · metropolitan statistical area
Annual wage range · Chicago-Naperville-Elgin, IL-IN · BLS May 2025
$344,960median ($165.85/hr)

Quick answer

CEOs in the Chicago-Naperville-Elgin, IL-IN metropolitan area earned a median annual wage of $344,960 in May 2025, according to BLS (OEWS, SOC 11-1011); the OEWS mean annual wage was $357,220. That median is 61% above the U.S. median of $213,990. BLS estimates about 3,610 people work in this occupation across the metro.

Data Among the 48 metro areas whose estimate for this occupation meets TryHired's reliability rule, this metro ranks 3 by median wage.

Data Separately, BEA puts 2024 price levels across the Chicago-Naperville-Elgin, IL-IN metropolitan area at 103.6 (U.S. = 100): prices for the average consumer are about 4% above the national level. That is context, not an adjusted salary. Cost of living in Chicago, IL.

Geography

What area these numbers cover

Data The BLS geography behind every figure on this page.

Search label
Chicago, IL
BLS source geography
Chicago-Naperville-Elgin, IL-IN
Geography type
Metropolitan Statistical Area
CBSA code
16980
States
Illinois, Indiana
Delineation
OMB Bulletin 23-01, as used by BLS OEWS May 2025
Comparison

Local, state and national pay

Data Same occupation (SOC 11-1011), same BLS release (May 2025). This metro spans more than one state; each state is shown.

Local, state and national pay
GeographyMedian annual wageMean annual wageEmployment
Chicago-Naperville-Elgin, IL-IN (metro, CBSA 16980)$344,960$357,2203,610
Illinois (state)$331,920$347,5504,620
Indiana (state)$254,180$284,9101,820
United States$213,990$269,630204,350

National CEO salary · Careers in Chicago, IL.

Data Nationally, BLS projects employment in this occupation to change +3.2% from 2025 to 2035. BLS does not publish metro projections in this dataset, so that is national context, not a local forecast.

In Illinois

Reliable metro medians in Illinois

Data Metro areas that include part of this state and pass the reliability rule.

  1. Chicago, IL$344,960
  2. St. Louis, MO$202,840
In Indiana

Reliable metro medians in Indiana

Data Metro areas that include part of this state and pass the reliability rule.

  1. Chicago, IL$344,960
  2. Indianapolis, IN$256,320
  3. Louisville/Jefferson County, KY$213,920
  4. Cincinnati, OH$207,170
Negotiation script builder

Use the local number

Advice Uses only what you type. A local, sourced median is easier to agree to than a national one.

Method

How this page is built

BLS OEWS May 2025 estimates for the Chicago-Naperville-Elgin, IL-IN metropolitan statistical area (CBSA 16980) and SOC 11-1011 (Chief Executives). Chicago, IL is the search label for that area; BLS does not publish city-limit wages. Employment is the number of people working in the occupation (excluding the self-employed), not job openings. Ranks use only metro estimates that pass the reliability rule (500+ jobs, employment PRSE ≤ 20%, mean-wage PRSE ≤ 10%, non-degenerate distribution); suppressed values are never imputed. Searches this page answers include “ceo salary chicago” (Ahrefs, U.S.).

What this page can't tell you
  • Cost of living: wages are not adjusted for local prices.
  • Pay at a specific employer, in one city's limits, or for self-employed workers.
  • Local outlook: BLS projections here are national.
Sources
  1. U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025 metropolitan-area estimates (2018 SOC; metropolitan statistical areas per OMB Bulletin 23-01), public domain.
  2. U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025 estimates (public domain).
  3. U.S. Bureau of Labor Statistics, Employment Projections program, national occupational projections 2025–35 (no metro projections are published in this dataset).
  4. U.S. Bureau of Economic Analysis, Regional Price Parities, 2024 (released February 19, 2026).
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