๐Ÿ’ฐ COL Index: 103 โ€” Near Avg Cost

Salaries in Schaumburg, IL

What every job actually pays โ€” cost-of-living adjusted

Updated: February 2026 ยท 40 occupations ยท BLS + Census data

Avg. Salary
$54,807
across 40 roles
COL-Adjusted Avg
$53,418
real purchasing power
Top Paying Role
Software Developer
$128,252
1BR Rent
$1,231
median monthly

Schaumburg is a rare beast in 2026: a major job hub where the median home price is still surprisingly sane. Youโ€™d think a village of 76,000 people, nestled between Oโ€™Hare and the tech sprawl of the Northwest suburbs, would have housing costs that have completely detached from reality. They havenโ€™t.

Hereโ€™s the real purchasing power story. With a cost of living index of 102.6โ€”just a hair above the national averageโ€”a $54,800 average salary goes further here than in Chicago proper or, god forbid, San Francisco. The median household income of $87,202 means a single person with a decent accounting or nursing gig can comfortably afford that $1,231 one-bedroom rent without sweating the grocery bill. Itโ€™s not a bargain basement, but itโ€™s not a gouge either. Youโ€™re paying a slight premium for the privilege of living in a well-run, safe suburb, not a crushing one.

Who actually thrives here? The economy is a classic suburban mix, anchored by the giant Woodfield Mall complex and a dense corridor of corporate offices. Companies like Motorola Solutions and Zurich North America have major footprints, which is why software developers are pulling down a local high of $128,000. The healthcare system is robust, keeping nurses paid well, and the trades are always in demand. A 35.5% bachelorโ€™s degree rate is solid for a suburb, fueling that professional class.

But hereโ€™s the catch I find honest: wages arenโ€™t exploding. The 4.5% unemployment rate is healthy, but it doesnโ€™t scream a desperate war for talent. The adjusted average salary of $53,418 doesnโ€™t keep pace with the hot national tech market. This city is a fantastic fit if youโ€™re in healthcare, accounting, or a skilled trade and you value stability and space over a startup lottery ticket. Itโ€™s less ideal for someone chasing the absolute top of the salary curve.

The data below breaks it down by role, showing what you can actually expect to earnโ€”and spendโ€”right here in Schaumburg.

๐Ÿ† Top 5 Highest-Paying Jobs in Schaumburg

Ranked by raw salary. See COL-adjusted figures in the full table below.

๐Ÿฅ‡ +1% vs national

Software Developer

$128,252
๐Ÿ’ก COL-Adjusted $125,002
โฑ Hourly $61.66/hr
๐Ÿ“ˆ Job Growth +17.0%
๐Ÿฅˆ +1% vs national

Accountant

$86,751
๐Ÿ’ก COL-Adjusted $84,553
โฑ Hourly $41.71/hr
๐Ÿ“ˆ Job Growth +3.0%
๐Ÿฅ‰ +1% vs national

Registered Nurse

$86,741
๐Ÿ’ก COL-Adjusted $84,543
โฑ Hourly $41.70/hr
๐Ÿ“ˆ Job Growth +6.0%
4๏ธโƒฃ +1% vs national

Elementary School Teacher

$64,166
๐Ÿ’ก COL-Adjusted $62,540
โฑ Hourly $30.85/hr
๐Ÿ“ˆ Job Growth +3.0%
5๏ธโƒฃ +1% vs national

Electrician

$62,030
๐Ÿ’ก COL-Adjusted $60,458
โฑ Hourly $29.82/hr
๐Ÿ“ˆ Job Growth +3.0%

๐Ÿ“‹ Complete Salary Guide โ€” All 40 Occupations in Schaumburg

COL-Adjusted Salary = Raw salary divided by the cost of living index (103/100). Higher = more real purchasing power. This city's COL is above the US average.

# Occupation โ†• Raw Salary โ†•
1 Software Developer $128,252
2 Accountant $86,751
3 Registered Nurse $86,741
4 Elementary School Teacher $64,166
5 Electrician $62,030
6 Real Estate Agent $61,959
7 Heavy Truck Driver $53,504
8 Personal Trainer $50,390
9 Cosmetologist $50,390
10 Welder $50,390
11 Nail Technician $50,390
12 Chef/Head Cook $50,390
13 Auto Mechanic $50,390
14 Social Worker $50,390
15 Veterinary Technician $50,390
16 Dental Assistant $50,390
17 Pharmacy Technician $50,390
18 Licensed Practical Nurse (LPN) $50,390
19 Firefighter $50,390
20 Project Manager $50,390
21 Graphic Designer $50,390
22 Plumber $50,390
23 Data Analyst $50,390
24 Loan Officer $50,390
25 Insurance Agent $50,390
26 Physical Therapist $50,390
27 Human Resources Specialist $50,390
28 Carpenter $50,390
29 Financial Analyst $50,390
30 Pharmacist $50,390
31 HVAC Technician $50,390
32 Nursing Assistant (CNA) $50,390
33 Police Officer $50,390
34 Construction Manager $50,390
35 Web Developer $50,390
36 Marketing Manager $50,390
37 Medical Assistant $50,390
38 Paralegal $50,390
39 Dental Hygienist $50,390
40 Security Guard $36,421

Source: Bureau of Labor Statistics Occupational Employment Statistics. COL Index from C2ER/ACCRA.

๐Ÿ™๏ธ Living Costs in Schaumburg

๐Ÿ 
1BR Rent
$1,231/mo
๐Ÿก
2BR Rent
$1,538/mo
๐Ÿ˜๏ธ
Median Home
$305,000
๐Ÿ“‰
Unemployment
4.5%
๐Ÿ’ณ
Median Income
$87,202
๐ŸŽ“
College Educated
35%
๐Ÿšถ
Walk Score
35/100
๐Ÿ“Š
Cost of Living
103
Near Avg Cost

๐Ÿงฎ Can You Afford to Live in Schaumburg?

Use our Salary Reality Check to see if your specific income covers housing, taxes, and expenses in Schaumburg. Enter your salary and see exactly how far your money goes.

โ“ Schaumburg Salary FAQ

What is the average salary in Schaumburg, IL?

โ–ผ
The average salary across 40 occupations in Schaumburg is $54,807. This figure is slightly above the national average, indicating a moderately strong local job market. The COL Index of 102.6 means your purchasing power is slightly less than the U.S. average.

What jobs pay the most in Schaumburg?

โ–ผ
The highest paying role in Schaumburg is Software Developer, with an average salary of $128,252. This is more than double the area's overall average salary of $54,807. Tech roles consistently lead local compensation, outpacing other professions by a significant margin.

Is Schaumburg affordable on a Software Developer salary?

โ–ผ
Yes, a Software Developer salary of $128,252 is very comfortable in Schaumburg. The median household income is $87,202, so this salary is 47% higher than the typical household. With a 1BR rent of $1,231/month, housing costs are manageable even on a single income.

How does Schaumburg's cost of living affect my paycheck?

โ–ผ
Schaumburg's Cost of Living Index is 102.6, meaning it is 2.6% more expensive than the U.S. average. This slightly reduces your paycheck's purchasing power compared to national benchmarks. However, the local median household income of $87,202 helps offset this higher cost.

What salary do you need to live comfortably in Schaumburg?

โ–ผ
To live comfortably, a single person should aim for a salary around $87,202, matching the median household income. This allows for a 1BR rent of $1,231/month, which is about 17% of gross income, leaving ample funds for other expenses. A Software Developer's $128,252 salary provides even greater financial flexibility.

๐Ÿ“ Editor's Verdict: Is Schaumburg Worth It?

As someone whoโ€™s reviewed the numbers, hereโ€™s my take: Schaumburg is financially solid if youโ€™re in tech. Software developers earn $128,252 and still keep $125,002 after cost-of-living adjustments. The average salary of $54,807 is workable, though the 102.6 COL index and $1,231 monthly rent mean you need either a high-paying role or a roommate. Healthcare and trades pay decently but lag behind tech here. My verdict? Worth it if youโ€™re a developer or in a tech-adjacent field; less compelling for everyone else. If youโ€™re considering the move, negotiate hard for remote flexibilityโ€”your paycheck will stretch further when you arenโ€™t commuting.

Explore Schaumburg Further