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Salary Data

Product Manager Salary in Chicago

2026 compensation data based on aggregated market sources, adjusted for Chicago cost of living and Technology industry rates.

P25 (Low)$132,825
Median$163,013
P75 (High)$193,200
+5.1% YoY for Product Manager+2.1% YoY in Chicago

Salary by Experience Level

Entry Level0-2 years
$108,675
$90,563$130,410
Mid Level3-6 years
$163,013
$132,825$193,200
Senior Level7+ years
$223,388
$187,163$271,688

Key Insights

  • The median Product Manager in Chicago earns $163,013 per year in the Technology industry at mid-level experience.
  • Salaries range from $90,563 (entry-level, P25) to $271,688 (senior-level, P75).
  • Chicago has a 1.05x location multiplier, meaning salaries are 5% above the national baseline.
  • Product Manager compensation is trending up at 5.1% year-over-year.

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