Principal Financial Analyst Salary in Chicago, IL

How much does a Principal Financial Analyst make in Chicago, IL?

As of April 01, 2025, the average annual salary for a Principal Financial Analyst in Chicago, IL is $262,398. Salary.com reports that pay typically ranges from $234,875 to $297,599, with most professionals earning between $209,816 and $329,648.

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Salary range for a Principal Financial Analyst

$234,875 to $297,599

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Principal Financial Analyst

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Job Openings for Principal Financial Analyst in Chicago, IL

What does a Principal Financial Analyst do?

Common responsibilities of a Principal Financial Analyst

Lead and drive portfolio prioritization for the domain in accordance with established enterprise and IT guidelines and in alignment with technical delivery priorities for the domain, Develops, builds and support prioritization and decision-making frameworks for leadership delivery trade off decisions based on portfolio priorities and teams' capacity constraints.

November 21, 2022

Develops relationships and influence across with business partners up to Executive level to gain avenues for solution research, resulting in improved solutions.

November 23, 2022

Demonstrate concise verbal and written communication that is targeted and appropriate to the needs of the audience.

February 14, 2023

Prepares budgets and schedules for contract work and performs and/or assists in financial analyses such as funding profiles, sales outlook, cash forecasting, and variance analysis.

March 12, 2023

Support driving the company-wide planning process to define financial targets and key business assumptions while developing thoughtful methodologies and applying financial rigor throughout the process, and benchmarking planning to key performance indicators.

April 30, 2023

Provides critical leadership within project team/working groups to facilitate understanding between multiple business areas and recognize upstream/downstream impacts of decisions, deliverables and results.

May 13, 2023

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Principal Financial Analyst Salary By Experience Levels in Chicago, IL

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RELEVANT JOB EXPERIENCE

Length of experience is a pay differentiator. Those with greater experience may have an advantage in negotiating salary. For those with less experience, other factors such as education or special skills could impact your pay. Please visit Professional Salary Report for more details.

Principal Financial Analyst Salary By Level of Education in Chicago, IL

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LEVEL OF EDUCATION

Depending on the job, educational levels may have a significant impact on pay levels. Be informed and understand how things like education and certifications can help to increase potential earnings for the career you are interested in. Please visit Professional Salary Report for more details.

Average Salary Range for Principal Financial Analyst in Chicago, IL

Average Base Salary

Core compensation

234875

297599

262398

Average Total Cash Compensation

Includes base and annual incentives

277621

394298

326867

What is the average salary for Principal Financial Analyst in 2025?

These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Principal Financial Analyst in Chicago, IL. The base salary for Principal Financial Analyst ranges from $234,875 to $297,599 with the average base salary of $262,398. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $277,621 to $394,298 with the average total cash compensation of $326,867.

View Average Salary for Principal Financial Analyst as table

	Average Salary	Average Salary Range
Base Salary	$262,398	$234,875 - $297,599
Bonus	$64,470	$42,747 - $96,699
Total Pay	$326,867	$277,621 - $394,298

* Base Salary represents gross income before taxes and deductions. It does not include additional pay such as benefits, bonuses, profit sharing or commissions.

* Total Pay combines base salary, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job.

Principal Financial Analyst Salary Near Chicago, IL

CITY, STATE	AVERAGE SALARY RANGE	COMPARE TO Chicago, IL
CITY, STATE Cicero, IL	AVERAGE SALARY RANGE $234,875 - $297,599	COMPARE TO Chicago, IL 0%
CITY, STATE Oak Park, IL	AVERAGE SALARY RANGE $234,875 - $297,599	COMPARE TO Chicago, IL 0%
CITY, STATE Oak Lawn, IL	AVERAGE SALARY RANGE $234,602 - $297,254	COMPARE TO Chicago, IL
CITY, STATE Evanston, IL	AVERAGE SALARY RANGE $234,784 - $297,484	COMPARE TO Chicago, IL
CITY, STATE Skokie, IL	AVERAGE SALARY RANGE $234,784 - $297,484	COMPARE TO Chicago, IL
CITY, STATE Arlington Heights, IL	AVERAGE SALARY RANGE $229,965 - $291,379	COMPARE TO Chicago, IL

See salaries for Principal Financial Analyst in locations close to Chicago, IL. Pay for the same job may vary based on the location and on the location and on other factors such as the size of company, the industry, and other local conditions.

About Chicago, Illinois

Chicago (/ʃɪˈkɑːɡoʊ/ (listen), locally also /-ˈkɔː-/), officially the City of Chicago, is the most populous city in Illinois, as well as the third most populous city in the United States. With an estimated population of 2,716,450 (2017), it is the most populous city in the Midwest. Chicago is the principal city of the Chicago metropolitan area, often referred to as Chicagoland, and the county seat of Cook County, the second most populous county in the United States. The metropolitan area, at nearly 10 million people, is the third-largest in the United States, and the fourth largest in North A...

Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia

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The Principal Financial Analyst job could be listed using titles that are not exactly the same, but actually are for the same or very similar job. Here are some job titles in Chicago, IL that might be a good fit for the type of job and salary you are looking for.

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234875

297599

About Chicago, Illinois Chicago (/ʃɪˈkɑːɡoʊ/ (listen), locally also /-ˈkɔː-/), officially the City of Chicago, is the most populous city in Illinois, as well as the third mos....More

Chicago, Illinois area prices were up 0.8% from a year ago

Principal Financial Analyst Salary in popular cities: Aurora, Rockford, Joliet

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