WagePeek

Machine Learning Engineer Salary: Chicago vs New York

Annual median salary comparison (2024). All figures include local currency, USD equivalent, and PPP-adjusted purchasing power.

πŸ‡ΊπŸ‡Έ Chicago
United States
$182K USD
$182K USD
$182K PPP
VS
USD Difference
-13%
Chicago vs New York
πŸ‡ΊπŸ‡Έ New York
United States
$208K USD
$208K USD
$208K PPP
Higher Purchasing Power

Detailed Comparison

MetricChicagoNew YorkDifference
Local Currency Salary$182K USD$208K USDβ€”
USD Equivalent$182K$208K-13%
PPP-Adjusted SalaryWINNER$182K$208K πŸ†-13%
25th Percentile$146K USD$166K USDβ€”
Median$182K USD$208K USDβ€”
75th Percentile$228K USD$260K USDβ€”
Annual Mean$197K USD$225K USDβ€”

What Does This Mean?

Chicago offers a Machine Learning Engineer salary of $182K USD, while New York offers $208K USD β€” a difference of -13% in raw terms.

After adjusting for purchasing power parity (PPP), Chicago's salary is worth $182K in US purchasing power terms, versus $208K for New York. This means New York offers better real purchasing power for this role.

PPP adjustment accounts for differences in local prices β€” for example, housing costs 3x more in San Francisco than in Warsaw, so a San Francisco salary needs to be much higher to provide an equivalent standard of living.

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