Tax Manager · Salary Comparison · 2026
Tax Manager Salary: Chicago, IL vs Boston, MA
Side-by-side comparison of salary, taxes, cost of living, and take-home pay for Tax Managers in Chicago, IL and Boston, MA, based on BLS OEWS 2026 data.
1Which City Pays More After Tax?
Higher Gross Salary
✓ Boston, MA
$102,000 vs $124,000
Better Purchasing Power
✓ Chicago, IL
$95,327 vs $76,543
Best Take-Home (COL-Adj)
✓ Chicago, IL
$83,722 vs $67,190
2
Detailed Comparison
| Metric | Chicago, IL | Boston, MA | Diff |
|---|---|---|---|
| Median Annual Salary | $102,000 | $124,000▲ | -$22,000 |
| 25th Percentile | $78,540 | $95,480▲ | -$16,940 |
| 75th Percentile | $130,560 | $158,720▲ | -$28,160 |
| 90th Percentile | $163,200 | $198,400▲ | -$35,200 |
| Cost of Living Index | 107 | 162 | -55 |
| State Income Tax | 4.95%▲ | 5% | -0.04999999999999982% |
| COL-Adjusted Median | $95,327▲ | $76,543 | +$18,784 |
| Est. Annual Take-Home | $89,583 | $108,847▲ | -$19,264 |
| COL-Adj. Take-Home | $83,722▲ | $67,190 | +$16,532 |
| Total Employment | 28,000 | 33,600 | -5,600 |
▲ = Higher value wins for this metric. Diff = Chicago, IL minus Boston, MA.
3Summary Analysis
On paper, Boston, MA pays $22,000 more (median: $102,000 vs $124,000). However, after adjusting for cost of living (index 107 vs 162), Chicago, IL provides better purchasing power ($95,327 vs $76,543 equivalent). Chicago, IL has the lower state tax rate (4.95% vs 5%).
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.