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Machine Learning Engineer Salary and Equity in Chicago 2026

How much does a Machine Learning Engineer expect to make at Chicago-based startups? The average expected salary for Machine Learning Engineers in Chicago-based startups is 144k per year, with a range from 40k to 250k. These amounts were gathered from Wellfound self-reported data and represent the median salary range. The salary range for Machine Learning Engineers in Chicago startups varies depending on factors such as industry, experience, skills, and startup stage.

143.5k

Average Salary

3 years

Average years of experience

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Salary

By quarter
The average salary for a Machine Learning Engineer in Chicago is $143,500, which is 27.1% higher than the average Chicago startup salary of$112,875. Machine Learning Engineer salaries in Chicago are based on exclusive Wellfound data. All data is updated on a weekly basis. Factors that may influence salary include: years of experience, title, size of company, skill-set, and industry.

Top of market

$215,714/yr

Range $180k - $250k

Average

$143,500/yr

Range $123k - $195k

Below Average

$105,214/yr

Range $40k - $145k


Industries

The highest average salary a Machine Learning Engineer in Chicago can get in Financial Services, that is $237,500. This pay is 38.5% higher than the average Machine Learning Engineer salary in Chicago, which is $171,500. The highest-paying industries in 2023 are: Financial Services (avg $237,500 per year), Fin Tech (avg $237,500 per year), Biotechnology (avg $155,000 per year).

Tech Stack

The highest average salary a Machine Learning Engineer in Chicago can get with Python, that is $100,000. This pay is 11.4% lower than the average salary in Chicago startups, which is $112,875. Salary range for specific skills will vary based on the supply and demand in the current market.
The top-paying Machine Learning Engineer skills in Chicago of 2026 are:
  • 1. Python

    $100k

  • 2. Machine Learning

    $100k


Years of experience

Below Average

Average

Top of Market

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