SalariesByCity
College Professor · Salary Comparison · 2026

College Professor Salary: Chicago, IL vs Austin, TX

Side-by-side comparison of salary, taxes, cost of living, and take-home pay for College Professors in Chicago, IL and Austin, TX, based on BLS OEWS 2026 data.

1Which City Pays More After Tax?

Higher Gross Salary
Austin, TX
$70,000 vs $77,000
Better Purchasing Power
Chicago, IL
$65,421 vs $62,097
Best Take-Home (COL-Adj)
Chicago, IL
$57,456 vs $57,377
2

Detailed Comparison

MetricChicago, ILAustin, TXDiff
Median Annual Salary$70,000$77,000-$7,000
25th Percentile$53,900$59,290-$5,390
75th Percentile$89,600$98,560-$8,960
90th Percentile$112,000$123,200-$11,200
Cost of Living Index107124-17
State Income Tax4.95%0%+4.95%
COL-Adjusted Median$65,421$62,097+$3,324
Est. Annual Take-Home$61,478$71,148-$9,670
COL-Adj. Take-Home$57,456$57,377+$79
Total Employment52,50057,000-4,500
▲ = Higher value wins for this metric. Diff = Chicago, IL minus Austin, TX.

3Summary Analysis

On paper, Austin, TX pays $7,000 more (median: $70,000 vs $77,000). However, after adjusting for cost of living (index 107 vs 124), Chicago, IL provides better purchasing power ($65,421 vs $62,097 equivalent). Austin, TX has no state income tax, which is a significant advantage.

Data: U.S. Bureau of Labor Statistics OEWS · 2026 · Cost-of-living indices from composite metro area data. Take-home estimates approximate only — consult a tax professional for accurate figures.