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Pharmacy Degree in Chicago, IL — Salary & ROI 2026

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

Starting Salary

$55K

COL-adjusted

Mid-Career

$136K

COL-adjusted

ROI Payback

5.9 yrs

in Chicago

Cost of Living

109

index (100 = avg)

Pharmacy 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 Pharmacy has been declining, graduates with skills in Pharmacology and Drug Interactions remain competitive in the job market. The adjusted starting salary in Chicago is approximately $54,500, growing to $136,250 by mid-career.

Category

Healthcare

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%

Pharmacy Salary in Chicago (COL-Adjusted)

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

Entry Level (0-2 yrs)
$54,500(+$4,500 vs national)
Mid Career (5-9 yrs)
$136,250(+$11,250 vs national)
Senior Level (15+ yrs)
$152,600(+$12,600 vs national)

Note: National average Pharmacy salary: $50,000 starting, $125,000 mid-career, $140,000 senior level.Chicago adjustment factor: 1.09x based on the local cost of living index.

Pharmacy ROI Calculator for Chicago

Estimate your return on investment for a Pharmacy 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

$16,350

vs HS diploma in Chicago

ROI Payback Period

5.9 years

to break even

Lifetime Return in Chicago

$939,768

Lifetime earnings premium ($1,035,500) minus total education cost ($95,732)

Student Loan Payoff for Pharmacy in Chicago

Standard Plan (10 years)

Loan Amount$95,732
Monthly Payment$1,087
Total Interest$34,710
% of Monthly Income24%

Aggressive Plan (5 years)

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

Colleges in Chicago for Pharmacy

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 Pharmacy in Chicago

Chicago offers opportunities in Hospitals, Medical centers, Private practices for Pharmacy graduates. National top employers in this field include:

CVS HealthWalgreensHospitalsRite AidCostco

Key Chicago Hiring Sectors for Healthcare

Hospitals

Medical centers

Private practices

Health systems

Pharma companies

Common Pharmacy Job Titles

PharmacistClinical PharmacistPharmacy Manager

Pharmacy 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 Pharmacy ROI in other cities, or explore other majors in Chicago.

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