Can a Electrical Engineer afford to live in Chicago?

Excellent49% of take-home left to save โ€” you can save aggressively here.
Median salary (gross)
Electrical Engineer ยท Chicago
$105,085
Income tax (~28% effective)
United States
โ€“ $29,906
Take-home pay
$6,265/mo
$75,179
Living costs (1 person)
$3,220/mo ยท derived
โ€“ $38,640
Savings potential
$3,045/mo ยท 49% of take-home
$36,539

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

How we calculated this

โ€ข Salary: BLS OES median for Electrical Engineer, adjusted for Chicago.

โ€ข Tax: United States single-filer effective rate (~28%). Official calculator.

โ€ข 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.