| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| Bashian PC | $100,828 |
+15.5%
|
Driven by niche technical certifications required for Bashian PC's specialized projects. |
| Baysinger Partners Architecture PC | $92,116 |
+5.6%
|
Supported by Baysinger Partners Architecture PC's high-margin contracts allowing higher overhead. |
| Slattery & Associates Inc | $87,327 |
+0.1%
|
Reflects stabilized pricing equilibrium for commercial construction roles in this region. |
| Skillman Group PLC | $89,204 |
+2.2%
|
Aligns perfectly with prevailing regional benchmarks for this specific job family. |
| Business Services Industry | $120,931 |
+38.6%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
$100,828 / year
Salary Range: $88,621 - $114,074
White Plains, NY
$92,116 / year
Salary Range: $80,960 - $104,221
Portland, OR
$87,327 / year
Salary Range: $76,754 - $98,795
Boca Raton, FL
$89,204 / year
Salary Range: $78,403 - $100,917
Troy, MI
$93,002 / year
Salary Range: $81,739 - $105,221
Elmhurst, IL
$93,550 / year
Salary Range: $82,224 - $105,843
Morton Grove, IL
$87,907 / year
Salary Range: $77,267 - $99,453
Pecatonica, IL
$91,736 / year
Salary Range: $80,621 - $103,782
Lake Zurich, IL
$95,217 / year
Salary Range: $83,691 - $107,733
Seattle, WA
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 V8 Speed 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 annual salary range for most roles at V8 Speed is approximately from $76,699 to $98,722. 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 V8 Speed is $87,264, or an hourly wage of $42, in comparison to Bashian PC which pays $100,828 per year or $48 per hour.
Experience level is a significant factor in determining salary at V8 Speed, 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 V8 Speed in Chicago is fair, first compare the gross salary to our data for similar roles at V8 Speed 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 V8 Speed. 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: V8 Speed likely benchmarks its salaries against other companies in the Business Services sector. You can explore how these factors play out in our detailed salary data.
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