Salary Comparison

Machine Learning 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
$182,538
/ year
+82%
difference
Melbourne
$100,346
/ year
Bottom line: Chicago wins on all three metrics — higher salary, more take-home pay, and greater purchasing power. How is this calculated? →
Metric
Chicago
Melbourne
Median Gross Salary
Annual, before tax
$182,538✓ higher
$100,346
Entry Level
0–2 years experience
$118,046✓ higher
$66,579
Senior Level
8+ years experience
$282,263✓ higher
$151,239
Est. Take-Home Pay
After income tax + FICA
$121,947✓ higher
$68,235
Purchasing Power
Equivalent in median-CoL city
$158,729✓ higher
$80,277
Cost of Living Index
Relative to US median (1.00)
1.15×✓ lower
1.25×
Percentile 10 (Low)
Bottom 10% of earners
$118,046✓ higher
$101,200
Percentile 90 (High)
Top 10% of earners
$282,263✓ higher
$229,883

What if you move from Chicago to Melbourne?

Gross salary change
$82,192
82% decrease
Take-home change
$53,712
per year after tax
Purchasing power change
$78,452
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 1.00×). Full methodology →

Salary Range Comparison

Chicago, IL$182,538
P10: $118,046Median: $182,538P90: $282,263
Melbourne$100,346
P10: $101,200Median: $100,346P90: $229,883

More Machine Learning Engineer salary comparisons

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Frequently Asked Questions

▶Does a Machine Learning Engineer earn more in Chicago or Melbourne?

The median Machine Learning Engineer salary in Chicago, IL is $182,538/yr compared to A$152,526/yr in Melbourne. Chicago pays 82% more in gross terms.

▶Is a Machine Learning 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 $158,729/yr in a median-cost city, vs $80,277/yr for Melbourne. Chicago offers stronger real purchasing power.

▶What is the take-home pay for a Machine Learning Engineer in Chicago vs Melbourne?

After estimated taxes, a Machine Learning Engineer in Chicago, IL takes home approximately $121,947/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.