Management Analysts Salary
The median pay for a management analysts in Illinois is $104,270/year ($50.13/hour), per BLS data. The range runs from $58K at the entry level to $175K for experienced workers. Cost of living is below average (RPP 93.85), which stretches that salary to about $111,103 in buying power. Rent on a 2-bedroom averages $1,407/month, or 21.3% of estimated take-home pay.
Statewide average. Salary and cost of living vary significantly across Illinois. Jump to a metro for precise data:
So what does $104K get you in Illinois?
About management analysts
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What this looks like in Illinois
Management analysts pay in Illinois tracks closely to the national median, $104K locally vs. $102K nationwide, a 2% difference. Housing is manageable: a 2-bedroom at the HUD median costs $1,407/month, 22% of take-home, well inside the 30% guideline. Regional Price Parity sits at 93.85 (national = 100), meaning everyday costs run about 6% cheaper here. Your dollar stretches further than the headline salary suggests. Use the affordability calculator above to model your specific situation.
Compensation breakdown
Annual earnings by percentile, Illinois
Entry-level management analysts (10th percentile) start around $58K. Mid-career wages sit at $104K. Top earners bring in $175K or more, a $118K spread from bottom to top.
Management Analysts salary by metro in Illinois
8 metro areas with BLS data, ranked by median pay
| Metro area | Median salary | vs. state | Employment |
|---|---|---|---|
| Bloomington | $113K | +8% | N/A |
| Chicago-Naperville-Elgin | $105K | +1% | 37,510 |
| Decatur | $104K | -1% | 90 |
| Champaign-Urbana | $98K | -6% | 320 |
| Peoria | $97K | -7% | 670 |
| Rockford | $96K | -8% | 210 |
| Springfield | $92K | -12% | 540 |
| Kankakee | $84K | -20% | N/A |
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BLS updates this data quarterly. We'll email you when Illinois numbers change.
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Frequently asked questions
Can a management analyst afford a 2BR apartment alone in Illinois?
Yes — at the median salary of $104K, rent takes 22% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $1,407/month. That stays under the 30% guideline most financial planners use.
What’s the entry-level salary for management analysts in Illinois?
The 10th-percentile wage — what new management analysts typically earn — is $58K/year. Take-home on that works out to about $3,457/month. At HUD’s $1,407/month FMR, rent would take 41% of that take-home — above the 30% guideline, so a 1-bedroom or shared housing is likely necessary starting out.
Is management analyst a high-paying job in Illinois?
Pay here is roughly in line with the national average — $104K locally vs. $102K nationally, a 2% difference.
How does Illinois compare to the national average for management analysts?
Illinois pays $104K median vs. the U.S. average of $102K — that’s +2%. After adjusting for local cost of living (RPP 93.85), the purchasing-power equivalent is $111K — still ahead of the national median.
How much do management analysts make in Illinois?
The median is $104,270 a year, that works out to about $50 an hour. But the range is wide: entry-level workers start around $57,610, and experienced management analysts can clear $175,360. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $104K enough to live in Illinois?
On that salary, you'd take home roughly $6,382/month after taxes. A 2-bedroom here rents for about $1,407/month, which eats 22% of your paycheck. That's under the 30% guideline most financial planners use, so the numbers work.
How far does a management analysts salary go in Illinois?
Illinois has a Regional Price Parity of 93.85 (100 is the national average). That's below average, your money stretches further here than the raw salary number suggests. After cost-of-living adjustment, the median management analysts salary is worth about $111,103 in national-average purchasing power.
Where do management analysts get paid the most?
The table above ranks every state by median pay for this role. Keep in mind that the highest-paying states tend to have the highest costs of living, so the top salary doesn't always mean the most money in your pocket.