Updated 2026

Product Manager Salary in Chicago 2026

Average Base
$131,000
+4.2% from 2025
Typical Range
$90,000$190,000
10th - 90th percentile
Total Comp
~$157,200
Includes Equity/Bonus

Explore Product Manager roles in Chicago, IL with companies that are actively scaling their product design teams. Hybrid and remote-friendly options are common, giving designers flexibility while staying connected to local teams. Experience with Figma, prototyping, and usability testing remains a core expectation. Chicago, IL teams often prioritize collaboration across product, engineering, and go-to-market partners.

Median pay for Product Manager roles in Chicago, IL tends to track the local cost of living while rewarding specialized skills. Companies value designers who can translate insights into measurable product outcomes. Salaries vary by seniority and company stage, but top performers can earn well above the local median. Use this page to compare roles, explore salary benchmarks, and connect with companies hiring in Chicago, IL. Use the filters below to compare roles by seniority, work type, and compensation range.

Salary Distribution

Cost of Living Analysis

Chicago has a cost of living index of 112, which can influence take-home value even when salaries appear higher. Consider housing, transportation, and tax differences when evaluating offers.

CityMedian
New York$163,000
San Francisco$169,000
Seattle$156,000
Boston$150,000
Los Angeles$150,000

Frequently Asked Questions

How competitive is the Product Manager job market in Chicago, IL?
Competition varies by specialization. Candidates with strong case studies and measurable outcomes stand out quickly in the hiring process.
What skills do Product Managers in Chicago, IL need most?
Hiring teams look for UX fundamentals, strong communication, and the ability to ship iterative improvements based on user feedback.
What is the average Product Manager salary in Chicago, IL?
The median salary depends on seniority and company stage, but most teams pay a competitive market rate for proven UX impact. Use the salary section on this page for up-to-date benchmarks and percentile ranges.