| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| Ernie Loberg Construction Inc | $47 |
-3.5%
|
Ernie Loberg Construction Inc may offer non-monetary perks in lieu of competitive base salaries. |
| D W Wilburn Inc | $43 |
-11.2%
|
Typical compensation structure for smaller regional agencies like D W Wilburn Inc. |
| Eilerson Development Corp | $44 |
-7.9%
|
Eilerson Development Corp focuses strategically on recruiting and training entry-level apprentices. |
| Downey Contracting LLC | $41 |
-14.4%
|
Normalized for lower cost-of-living zones where Downey Contracting LLC primarily operates. |
| Construction Industry | $58 |
+19.4%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
$47 / hour
Salary Range: $41 - $53
Palatine, IL
$43 / hour
Salary Range: $38 - $48
Lexington, KY
$44 / hour
Salary Range: $39 - $50
Midlothian, VA
$41 / hour
Salary Range: $36 - $47
Oklahoma City, OK
$45 / hour
Salary Range: $40 - $51
Englewood, CO
$50 / hour
Salary Range: $44 - $57
San Clemente, CA
$46 / hour
Salary Range: $41 - $52
Houston, TX
$46 / hour
Salary Range: $40 - $52
Lansing, IL
$44 / hour
Salary Range: $39 - $50
Dekalb, IL
Get an estimated calculation of how much you should be earning and insight into your career options.
| Expense Category | Estimated Monthly Cost | Key Considerations / Notes |
|---|---|---|
| Housing (1-BR Apt Rent) | $1,700 - $2,600+ | A significant portion of Magnum CI 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. |
The typical salary range for most roles at Magnum CI is approximately from $42 to $54 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.
The average annual salary at Magnum CI is $100,333, or an hourly wage of $48, in comparison to Ernie Loberg Construction Inc which pays $96,831 per year or $47 per hour.
Experience level is a significant factor in determining salary at Magnum CI, 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.
To determine if a salary offer from Magnum CI in Chicago is fair, first compare the gross salary to our data for similar roles at Magnum CI and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Chicago" to understand its purchasing power.
Several key factors influence salary levels at Magnum CI. 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: Magnum CI likely benchmarks its salaries against other companies in the Construction sector. You can explore how these factors play out in our detailed salary data.
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