How much does a CFO make in IL?
As of March 01, 2025, the average annual salary for a CFO in Illinois is $469,600. Salary.com reports that pay typically ranges from $360,100 to $601,200, with most professionals earning between $260,406 and $721,015.
CFO Salary in Illinois
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CFO Salary in Illinois
CFO Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $587,676 | $48,973 | $11,301 | $283 |
| Average | $459,027 | $38,252 | $8,827 | $221 |
| 25th Percentile | $351,936 | $29,328 | $6,768 | $169 |
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How Does Experience Level Affect a CFO's Salary?
An entry-level CFO with under 1 year experience makes about $387,738. With less than 2 years of experience, a mid-level CFO makes around $397,706. After 2-4 years, the CFO pay rises to about $410,996. Those senior CFO with 5-8 years of experience earn roughly $430,930, and those CFO having 8 years or more experience are expected to earn about $455,849 on average.
| Levels | Salary |
|---|---|
| Entry Level CFO | $387,738 |
| Intermediate Level CFO | $397,706 |
| Senior Level CFO | $410,996 |
| Specialist Level CFO | $430,930 |
| Expert Level CFO | $455,849 |
$387,738
0 yr
$397,706
< 2 yrs
$410,996
2-4 yrs
$430,930
5-8 yrs
$455,849
> 8 yrs
Last Updated on March 01, 2025
| Entry Level | 16% |
| Mid Level | 13% |
| Senior Level | 10% |
| Top Level | 6% |
| Experienced | 1% |
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Last Updated on March 01, 2025
View CFO Salary by States
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What are the Highest Paying Cities in Illinois for CFO
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Job Openings of CFO
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Cost of Living In Illinois
Cost of Living in Illinois is
2.3% Higher
than the National Average
Use Salary.com's Cost of Living Calculator to find out what income you need to maintain your standard of living in a different city and how much more or less money you need to budget for basic expenses.
View CFO Pay Difference by Location
CFO salary varies from city to city. Compared with national average salary of CFO, the highest CFO salary is in San Francisco, CA, where the CFO salary is 25.0% above. The lowest CFO salary is in Miami, FL, where the CFO salary is 3.5% lower than national average salary.
| City, State | Price | Compared to national average |
|---|---|---|
| San Francisco, CA | $573,800 |
25.0%
|
| Washington, DC | $510,900 |
11.3%
|
| Miami, FL | $443,000 |
|
| Chicago, IL | $481,600 |
4.9%
|
| Boston, MA | $514,600 |
12.1%
|
| New York, NY | $536,200 |
16.8%
|
About Our Data
Salary.com salary estimates, histograms, trends, and comparisons are derived from both employer job postings and third-party data sources.
We also provide multiple percentiles of salary information for your reference, click here to know Why the Salary Midpoint Formula Is Crucial to Getting Pay Equity Right.
With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
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The average salary for a CFO is $469,600 per year in Illinois, updated at March 01, 2025.
