Chemistry Degree in Chicago, IL — Salary & ROI 2026
Chemistry degree analysis for Chicago, IL. COL-adjusted salary data, local tuition costs, ROI calculator, and job market outlook.
Starting Salary
$60K
COL-adjusted
Mid-Career
$93K
COL-adjusted
ROI Payback
4.4 yrs
in Chicago
Cost of Living
109
index (100 = avg)
Chemistry in Chicago, IL Overview
Chicago is one of Illinois's top college towns, with 98 institutions and a student population of 177,322. Public tuition averages $14,816/year here — near the national average for public universities. Although national enrollment in Chemistry has been declining, graduates with skills in Organic Chemistry and Analytical Chemistry remain competitive in the job market. The adjusted starting salary in Chicago is approximately $59,950, growing to $92,650 by mid-career.
Category
STEM
Local Colleges
98
Public Tuition
$14,816/yr
Private Tuition
$62,666/yr
Room & Board
$9,117/yr
Avg Fin. Aid
$16,009/yr
Unemployment
4%
Graduation Rate
63%
Chemistry Salary in Chicago (COL-Adjusted)
Salaries adjusted for Chicago's cost of living index of 109 (national average = 100).
Note: National average Chemistry salary: $55,000 starting, $85,000 mid-career, $110,000 senior level.Chicago adjustment factor: 1.09x based on the local cost of living index.
Chemistry ROI Calculator for Chicago
Estimate your return on investment for a Chemistry degree using local Chicago tuition and cost of living data.
Public avg: $14,816 | Private avg: $62,666
Chicago avg aid: $16,009/yr
Federal avg: 6.5% | Private: 4-14%
Total Education Cost
$95,732
tuition + room & board - aid
Annual Earnings Premium
$21,800
vs HS diploma in Chicago
ROI Payback Period
4.4 years
to break even
Lifetime Return in Chicago
$503,768
Lifetime earnings premium ($599,500) minus total education cost ($95,732)
Student Loan Payoff for Chemistry in Chicago
Standard Plan (10 years)
Aggressive Plan (5 years)
Colleges in Chicago for Chemistry
University of Chicago
private
$62,940/yr
$251,760 total
Northwestern University
private
$62,391/yr
$249,564 total
University of Illinois at Chicago
public
$14,816/yr
$59,264 total
Community Colleges (2-Year Transfer)
City Colleges of Chicago
$3,918/yr
Top Employers for Chemistry in Chicago
Chicago offers opportunities in Tech companies, Research labs, Government agencies for Chemistry graduates. National top employers in this field include:
Key Chicago Hiring Sectors for STEM
Tech companies
Research labs
Government agencies
Startups
Consulting firms
Common Chemistry Job Titles
Chemistry in Nearby Illinois Cities
Aurora, IL
$51K starting · COL 92.8
7 colleges
Joliet, IL
$59K starting · COL 108
12 colleges
Naperville, IL
$56K starting · COL 102
13 colleges
Rockford, IL
$50K starting · COL 90
8 colleges
Elgin, IL
$43K starting · COL 79
13 colleges
Springfield, IL
$51K starting · COL 92
9 colleges
Peoria, IL
$57K starting · COL 104
5 colleges
Waukegan, IL
$50K starting · COL 90.3
4 colleges
Other STEM Majors in Chicago
Prompt Engineering
$55K starting · 1.5 yr ROI
Computational Linguistics
$104K starting · 2 yr ROI
Computer Science
$93K starting · 2.8 yr ROI
Software Engineering
$96K starting · 2.7 yr ROI
Data Science
$89K starting · 3 yr ROI
Astrophysics
$93K starting · 3 yr ROI
Actuarial Science
$55K starting · 3 yr ROI
Cybersecurity
$87K starting · 3 yr ROI
Methodology & Education Data Sources
How we calculate Chemistry degree outcomes in Chicago, IL: Our salary projections, ROI estimates, and tuition data combine multiple federal datasets to provide a localized view of education economics. We use a 10-year career-trajectory model standard in higher education research.
- Tuition data sourced from IPEDS (Integrated Postsecondary Education Data System), the federal education statistics database operated by NCES. Average tuition for Chemistry programs reflects 4-year public/private weighted averages for Illinois.
- Career salary projections based on BLS Occupational Employment and Wage Statistics, with cost-of-living adjustments for Chicago using regional CPI data.
- 10-year ROI calculates: (Total Career Earnings With Degree) − (Total Career Earnings Without Degree) − (Total Education Cost Including Interest on Loans).
- Job market outlook for Chemistry graduates uses BLS Occupational Outlook Handbook 10-year projections (2024-2034 base period).
- Default rates and loan data sourced from College Scorecard (US Department of Education), which tracks repayment outcomes by institution.
Authoritative US education data sources:
- IPEDS — Integrated Postsecondary Education Data — official federal college data
- College Scorecard (US Dept of Education) — earnings, debt, completion rates
- BLS Occupational Outlook Handbook — Chemistry career projections
- Federal Student Aid (FAFSA) — official US student loan and grant info
- NCES Digest of Education Statistics — comprehensive education data
- BLS Occupational Employment and Wages — entry-level salary data for Chemistry grads
Education Disclaimer: Salary and ROI estimates are projections based on national and state-level averages. Individual outcomes depend on institution prestige, GPA, internships, location, network, and economic conditions. Always verify current tuition with the institution directly, and consult a financial aid counselor before taking on student loans. Use the Federal Loan Simulator to model repayment scenarios.
Reviewed by Brazora Monk · Last updated 2026 · IPEDS & BLS data current as of latest annual release
Financial Aid Resources for Chicago Students
Beyond federal aid (FAFSA), Illinois students have access to state-specific grants, scholarships, and tuition assistance programs. The 2026-27 FAFSA also added a new Low Earnings Indicator (Dec 2025) flagging programs where graduates earn less than non-college peers — check your target school's status:
Pell Grant up to $7,395/yr (2026-27). Subsidized loans at 6.53% (academic year 25-26):
State-specific grants stack with federal aid:
- • USA.gov — Illinois programs
- • NASFAA — State Aid Programs
- • Search "illinois higher education commission grants"
Verify earnings + debt before enrolling:
- • College Scorecard — earnings, debt, completion
- • NCES College Navigator
- • IPEDS Net Price Calculator Center
Free, official, scam-free scholarship databases:
2026-27 FAFSA tip: The new Low Earnings Indicator flags programs where graduates earn less than non-graduates. Check this before enrolling. Speak with a NASFAA-credentialed financial aid counselor at your target school.
Chemistry Degree in Chicago — FAQ
Data Sources: Salary data from BLS Occupational Outlook Handbook. Cost of living from BLS Regional Data. College data from NCES/IPEDS. Updated March 2026.
Explore More
Compare Chemistry ROI in other cities, or explore other majors in Chicago.