Chicago, IL

Chief Financial Officer Salary in Chicago

Median salary for a Chief Financial Officer in Chicago is $340k per year. Hire remotely via KiteHR and save 45% — or $153k annually.

Local Median

$340k

Remote Median

$187k

You Save

45%

Annual Savings

$153k

Local vs. Remote Salary Comparison

Local (In-person)$340k
$250kmedian$450k
Remote (via KiteHR)$187k
$170kmedian$204k

Salary Percentile Breakdown

PercentileLocal (Chicago)Remote
P25 — Entry level$250k$170k
P50 — Median$340k$187k
P75 — Senior / Lead$450k$204k

Total Employer Cost

Salary + estimated benefits, payroll taxes, and overhead (30% local / 15% remote).

In-person in Chicago

$442k

/year total cost

Remote via KiteHR

$215k

/year total cost

Total employer savings$227k/yr

Frequently Asked Questions

What is the average Chief Financial Officer salary in Chicago?

The median Chief Financial Officer salary in Chicago is $340k per year. Entry-level roles start around $250k, while senior or lead-level Chief Financial Officers can earn up to $450k. Data reflects 2025 market rates sourced from BLS OES, DOL H-1B LCA disclosures, and KiteHR market research.

How much can I save hiring a remote Chief Financial Officer?

Hiring a remote Chief Financial Officer vs. a Chicago-based hire saves approximately 45% — or $153k per year. Remote Finance professionals typically earn $187k median, compared to the local Chicago rate of $340k.

Is it common to hire a remote Chief Financial Officer?

Yes — Finance roles like Chief Financial Officer have a high degree of remote compatibility. Latin America, Eastern Europe, and Southeast Asia have deep talent pools for this category. KiteHR can help you post the role, screen candidates, and manage the hiring pipeline entirely online.

What is the total employer cost for a Chief Financial Officer in Chicago?

The total employer cost — including salary, payroll taxes, health benefits, and overhead — for a Chief Financial Officer in Chicago is approximately $442k per year. Hiring remote reduces this to roughly $215k, saving $227k annually.

Savings Calculator

How many Chief Financial Officers are you hiring in Chicago?

Headcount3
11020

Annual savings with remote team

$459k

$153k per role × 3 hires

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Role Insights

Demand in Chicago
low
Category
Finance
Data year
2025
Currency
USD

Data sourced from BLS OES, DOL H-1B LCA disclosures, and KiteHR market research. Figures are estimates and may vary by company, seniority, and experience level.

Save 45% on every Chief Financial Officer hire

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