Salary Comparison

AI Engineer Salary:
Chicago, IL vs Melbourne

Side-by-side gross salary, after-tax take-home pay, and purchasing power comparison. Updated June 2026.

Chicago, IL
$193,908
/ year
+93%
difference
Melbourne
$100,346
/ year
Bottom line: Chicago wins on all three metrics โ€” higher salary, more take-home pay, and greater purchasing power. How is this calculated? โ†’
Metric
Chicago
Melbourne
Median Gross Salary
Annual, before tax
$193,908โœ“ higher
$100,346
Entry Level
0โ€“2 years experience
$125,399โœ“ higher
$66,579
Senior Level
8+ years experience
$299,844โœ“ higher
$151,239
Est. Take-Home Pay
After income tax + FICA
$129,679โœ“ higher
$68,235
Purchasing Power
Equivalent in median-CoL city
$168,616โœ“ higher
$80,277
Cost of Living Index
Relative to US median (1.00)
1.15ร—โœ“ lower
1.25ร—
Percentile 10 (Low)
Bottom 10% of earners
$125,399โœ“ higher
$101,200
Percentile 90 (High)
Top 10% of earners
$299,844โœ“ higher
$229,883

What if you move from Chicago to Melbourne?

Gross salary change
$93,562
93% decrease
Take-home change
$61,444
per year after tax
Purchasing power change
$88,339
equivalent real income

Take-home pay is estimated using 2024 US federal tax brackets (single filer) + 7.65% FICA, or a blended international effective rate. Purchasing power converts gross salary to an equivalent in a US median cost-of-living city (index 1.00ร—). Full methodology โ†’

Salary Range Comparison

Chicago, IL$193,908
P10: $125,399Median: $193,908P90: $299,844
Melbourne$100,346
P10: $101,200Median: $100,346P90: $229,883

Frequently Asked Questions

โ–ถDoes a AI Engineer earn more in Chicago or Melbourne?

The median AI Engineer salary in Chicago, IL is $193,908/yr compared to A$152,526/yr in Melbourne. Chicago pays 93% more in gross terms.

โ–ถIs a AI Engineer salary worth more in Chicago or Melbourne after cost of living?

After adjusting for local cost of living, your Chicago salary has the purchasing power of $168,616/yr in a median-cost city, vs $80,277/yr for Melbourne. Chicago offers stronger real purchasing power.

โ–ถWhat is the take-home pay for a AI Engineer in Chicago vs Melbourne?

After estimated taxes, a AI Engineer in Chicago, IL takes home approximately $129,679/yr, vs $68,235/yr in Melbourne. These are estimates based on standard federal tax rates and do not account for state/local taxes or deductions.