Salary & Cost of Living in Evanston, IL
Evanston, IL: $82,000 median salary, cost of living index 120, $15.00/hr minimum wage. Calculate your take-home pay with our free paycheck calculator.
Median Salary
$82,000
$39/hr
Cost of Living
120
US avg = 100
Minimum Wage
$15.00
per hour
Unemployment
2.5%
rate
Evanston, IL Overview
Population
78,110
Median Salary
$82,000
Average Salary
$92,000
Avg Commute
32 min
Median Home Price
$400,000
Median Rent
$1,800/mo
Job Growth
+2%
Sales Tax
10.25%
Evanston is located in Illinois with a population of 78,110. The median household salary is $82,000 per year ($39/hour), which is $22,616 above the national median of $59,384. The average commute time is 32 minutes, and the city has a job growth rate of +2%.
Evanston Paycheck Calculator
Enter your annual salary to see your estimated take-home pay in Evanston, IL, after federal, state, and local taxes.
Estimated Annual Take-Home Pay
$62,014
$5,167.83/month · $2,385.15/biweekly · Effective Rate: 24.4%
Gross Pay
$82,000
Federal Tax
-$9,654
State Tax
-$4,059
Local Tax
$0
FICA
-$6,273
Net Pay
$62,014
Pay Breakdown
| Item | Monthly | Annual |
|---|---|---|
| Gross Salary | $6,833.33 | $82,000.00 |
| Federal Income Tax | -$804.50 | -$9,654.00 |
| Illinois State Tax (4.95%) | -$338.25 | -$4,059.00 |
| Social Security (6.2%) | -$423.67 | -$5,084.00 |
| Medicare (1.45%) | -$99.08 | -$1,189.00 |
| Net Take-Home Pay | $5,167.83 | $62,014.00 |
Salary Comparison: Evanston vs Other Cities
See how Evanston's median salary and cost of living compare to the national average and similar cities.
| City | Median Salary | COL Index | Adj. Salary |
|---|---|---|---|
| Evanston, IL | $82,000 | 120 | $68,333 |
| National Average | $59,384 | 100 | $59,384 |
| Santa Clarita, CA | $82,000 | 148 | $55,405 |
| Overland Park, KS | $82,000 | 102 | $80,392 |
| Jersey City, NJ | $82,000 | 135 | $60,741 |
| Hillsboro, OR | $82,000 | 125 | $65,600 |
Adjusted salary reflects purchasing power when cost of living is factored in. A higher adjusted salary means your money goes further.
Cost of Living in Evanston
Evanston's cost of living index is 120 (national average = 100). Living in Evanston is 20% more expensive than the national average.
Median Home Price
$400,000
Median Monthly Rent
$1,800
Annual Rent Cost
$21,600
Your Salary's Purchasing Power
Your $62,014 annual take-home pay in Evanston has the purchasing power of approximately $51,678 in an average-cost US area. You would need to earn $98,400 in Evanston to match a $82,000 salary in an average-cost city.
Top Industries in Evanston
Evanston's economy is driven by these key industries. Workers in top industries often earn significantly above the median salary of $82,000.
Salary Tips for Evanston Workers
- Research top industries. Evanston's top industries include Education, Healthcare, Technology. Targeting roles in these sectors can help you earn above the $82,000 median salary.
- Review your W-4 withholding. If you regularly receive large tax refunds, adjust your W-4 to increase your per-paycheck take-home pay instead of giving the government an interest-free loan.
Explore Salaries Across the US
Compare salary data and cost of living for hundreds of US cities. Find out where your paycheck goes the furthest.
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Frequently Asked Questions
What is the median salary in Evanston, IL?
The median salary in Evanston, IL is $82,000 per year, or $39 per hour. The average salary is $92,000. This is $22,616 above the national median of $59,384.
What is the cost of living in Evanston, IL?
Evanston's cost of living index is 120 (national average = 100), meaning it is 20% more expensive compared to the national average. The median home price is $400,000 and the median monthly rent is $1,800.
What are the best industries in Evanston?
The top industries in Evanston, IL include Education, Healthcare, Technology. The city has a job growth rate of 2% and an unemployment rate of 2.5%. Workers in these industries often earn above the city's median salary of $82,000.
How does Evanston's salary compare to other cities?
Evanston's median salary of $82,000 is 38.1% above the national median of $59,384. However, when adjusted for cost of living (index: 120), the real purchasing power is approximately $68,333.
What is the minimum wage in Evanston, IL?
The minimum wage in Evanston, IL is $15.00 per hour. This equals approximately $31,200 per year for a full-time worker (40 hours/week). This is $7.75 above the federal minimum wage of $7.25/hour.