Can a Chemical Engineer afford to live in Chicago?

Excellent52% of take-home left to save — you can save aggressively here.
Median salary (gross)
Chemical Engineer · Chicago
$113,398
Income tax (~29% effective)
United States
– $33,214
Take-home pay
$6,682/mo
$80,184
Living costs (1 person)
$3,220/mo · derived
– $38,640
Savings potential
$3,462/mo · 52% of take-home
$41,544

Single professional, after-tax. Salary − tax − living costs = what you could save each year.

Full salary breakdown →Is this a good salary in Chicago? →Compare Chicago with another city →

How we calculated this

• Salary: BLS OES median for Chemical Engineer, adjusted for Chicago.

• Tax: United States single-filer effective rate (~29%). Official calculator.

• Living costs: derived from cost-of-living index for a single professional.

Planning estimates, not financial or tax advice. Updated 2026. Your situation will differ.