Cobra Lounge Salary

As of August 2026, the average hourly salary for employees at Cobra Lounge in the United States is $51. This translates to an approximate annual wage of $105,659. Salaries at Cobra Lounge typically range from $45 to $58 hourly, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Cobra Lounge

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Is Cobra Lounge’s Pay Competitive? Salary Benchmarking Analysis

How does Cobra Lounge's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
Seaglass Restaurant $48
-4.6%
Typical compensation structure for smaller regional agencies like Seaglass Restaurant.
Pearl Street Grill $45
-11.9%
Pearl Street Grill focuses strategically on recruiting and training entry-level apprentices.
FIX Sports Lounge and Nightclub $49
-3.2%
FIX Sports Lounge and Nightclub likely leverages performance bonuses over the high base salary shown here.
Bimini Bait Shack $44
-13.6%
Bimini Bait Shack operates with a leaner overhead structure, impacting base wage offers.
Hospitality & Leisure Industry $59
+16.0%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

Employee Reviews: Working at Cobra Lounge

Considering a career at Cobra Lounge? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
I’ve had a wonderful experience at this company. Benefits align with industry standards. Benefits like health insurance and paid time off are excellent. Teamwork is strong, and the company values its employees. While there aren’t many standout perks, the job security and predictable scheduling are positives.
Benefits are standard but reliable. Workload is manageable, and coworkers are professional. The benefits package is robust, making it a top choice in the leisure industry. The leadership is visionary, and the benefits package is impressive. Additional career development resources would be beneficial, but overall, it’s a solid employer. The leadership is strong, and employee feedback is taken serio...
The benefits are standard, but reliable. I appreciate how the company adapts to industry trends, making it a forward-thinking workplace. The work-life balance is excellent, and the management understands the importance of employee well-being. It’s a reliable place to work if you’re looking for consistency in the hospitality sector. Employee benefits are excellent, and career growth is encouraged.

Cobra Lounge Overview

Website
www.cobralounge.com
Founded In
1951
Employees
100 - 200 employees
Industry
Hospitality & Leisure
Headquarter Address
235 N Ashland Ave Chicago Illinois IL 60607
Revenue
$50 Million - $200 Million
Phone Number
+1 3122266300
Social Media
About Cobra Lounge
Cobra Lounge is a company that operates in the Restaurants industry. It employs 101-250 people and has $50M-$100M of revenue. The company is headquartered in Chicago, Illinois.

What Benefits Does Cobra Lounge Offer Beyond Salary?

A competitive compensation package is more than just a salary. Cobra Lounge offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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What Is the Cost of Living Near Chicago?

Understanding the cost of living near Chicago is key to truly evaluating a salary offer or your current compensation at Cobra Lounge.
Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). Major US city, housing varies greatly by neighborhood but can be high, extensive CTA transit. When planning your budget based on a salary from Cobra Lounge, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,700 - $2,600+ A significant portion of Cobra Lounge salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $105 (CTA 30-day pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $640 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,225 - $5,025+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Cobra Lounge

1. What is the typical salary range (low to high) for most roles at Cobra Lounge?

The typical salary range for most roles at Cobra Lounge is approximately from $45 to $58 per hour. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills, and location.

2. How much does Cobra Lounge pay compared to Seaglass Restaurant?

The average annual salary at Cobra Lounge is $105,659, or an hourly wage of $51, in comparison to Seaglass Restaurant which pays $100,797 per year or $48 per hour.

3. How does experience level affect salary at Cobra Lounge?

Experience level is a significant factor in determining salary at Cobra Lounge, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.

4. How can I determine if a salary offer from Cobra Lounge in Chicago is fair given the local cost of living?

To determine if a salary offer from Cobra Lounge in Chicago is fair, first compare the gross salary to our data for similar roles at Cobra Lounge and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Chicago" to understand its purchasing power.

5. What are the key factors that influence salary levels at Cobra Lounge?

Several key factors influence salary levels at Cobra Lounge. These primarily include: 1. Job Role & Responsibilities: More complex roles with greater impact typically command higher pay. 2. Experience & Skills: Your years of relevant experience and specific in-demand skills are critical. 3. Performance: Strong performance can lead to higher raises and bonuses. 4. Location: Office location impacts pay due to varying local market rates and cost of living. 5. Industry Benchmarks: Cobra Lounge likely benchmarks its salaries against other companies in the Hospitality & Leisure sector. You can explore how these factors play out in our detailed salary data.