The average Log Buyer in Chicago, IL makes $36,986, 8% below the national average Log Buyer salary of $40,190. This pay is 35% lower than the combined average salaries of other metros Portland, Denver and Dallas.
The salaries of Log Buyers in Chicago, IL range from $23,940 to $53,240 , with a median salary of $36,110 . The middle 60% of Log Buyers makes $36,110, with the top 80% making $53,240.
For an individual filer in this tax bracket, you would have an estimated average federal tax in 2018 of 12% and an added Illinois state tax of 4.95%of federal taxes.. After the combined taxes have been taken out, Log Buyers could expect to have a take-home pay of $32,528/year, with each paycheck equaling approximately $1,355*.
* assuming bi-monthly pay period. Taxes estimated using tax rates for a single filer using 2018 federal and state tax tables. Metro-specific taxes are not considered in calculations. This data is intended to be an estimate, not prescriptive financial or tax advice.
With a take-home pay of roughly $2,711/month, and the median 2BR apartment rental price of $1,269/mo** in Chicago, IL, a Log Buyer would pay 46.82% of their monthly take-home salary towards rent. The average income spent on cost of living excluding rent within Chicago per month for an individual is $967 , and for a 4-person family $3,551***. This means for an individual, total cost of living is 82.48% of a Log Buyer in Chicago's salary leaving $475 as discretionary income ; whereas for a family of 4, total cost of living is 177.83% of a Log Buyer in Chicago's salary leaving $-2,110 as discretionary income. When considering cost of living, this places Chicago, IL as 2nd out of the 4 largest nearby metros in terms of quality of life for Log Buyers**.
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