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Information Technology Degree in Chicago, IL — Salary & ROI 2026

Information Technology degree analysis for Chicago, IL. COL-adjusted salary data, local tuition costs, ROI calculator, and job market outlook.

Starting Salary

$76K

COL-adjusted

Mid-Career

$109K

COL-adjusted

ROI Payback

2.5 yrs

in Chicago

Cost of Living

109

index (100 = avg)

Information Technology 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. Information Technology has seen growing enrollment nationally, reflecting rising employer demand for Networking and Cloud Computing skills. The adjusted starting salary in Chicago is approximately $76,300.

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%

Information Technology Salary in Chicago (COL-Adjusted)

Salaries adjusted for Chicago's cost of living index of 109 (national average = 100).

Entry Level (0-2 yrs)
$76,300(+$6,300 vs national)
Mid Career (5-9 yrs)
$109,000(+$9,000 vs national)
Senior Level (15+ yrs)
$136,250(+$11,250 vs national)

Note: National average Information Technology salary: $70,000 starting, $100,000 mid-career, $125,000 senior level.Chicago adjustment factor: 1.09x based on the local cost of living index.

Information Technology ROI Calculator for Chicago

Estimate your return on investment for a Information Technology 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

$38,150

vs HS diploma in Chicago

ROI Payback Period

2.5 years

to break even

Lifetime Return in Chicago

$830,768

Lifetime earnings premium ($926,500) minus total education cost ($95,732)

Student Loan Payoff for Information Technology in Chicago

Standard Plan (10 years)

Loan Amount$95,732
Monthly Payment$1,087
Total Interest$34,710
% of Monthly Income17%

Aggressive Plan (5 years)

Loan Amount$95,732
Monthly Payment$1,873
Total Interest$16,654
Interest Savings$18,056

Colleges in Chicago for Information Technology

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 Information Technology in Chicago

Chicago offers opportunities in Tech companies, Research labs, Government agencies for Information Technology graduates. National top employers in this field include:

AmazonMicrosoftIBMCiscoAccenture

Key Chicago Hiring Sectors for STEM

Tech companies

Research labs

Government agencies

Startups

Consulting firms

Common Information Technology Job Titles

IT ManagerSystems AdministratorNetwork Engineer

Information Technology 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 Information Technology ROI in other cities, or explore other majors in Chicago.

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