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Rate Analyst Salary
in Chicago, Illinois

$91,470 (USD)

Average Salary


Average Hourly


Average Bonus

Last updated: June 26, 2019

Salary Recap

The average pay for a Rate Analyst is $91,470 a year and $44 an hour in Chicago, Illinois, United States. The average salary range for a Rate Analyst is between $64,579 and $113,340. This compensation analysis is based on salary survey data collected directly from employers and anonymous employees in Chicago, Illinois.

Average Salary Chart

Scroll for Salary Potential, Education and Skills

Job Summary

  • Assesses existing rates, regulations, and proposed or approved changes in rates.
  • Proposes changes in rates and charges, including preparation of rate studies, to support the costs of production and distribution, the analysis of changes in demand for services, and the preparation of long-range revenue and expenditure forecasts, including review of capital plans and debt service requirements.
  • Uses considerable independent judgment, and general direction to perform work.
  • Excludes positions at the paraprofessional level.
Rate Analyst Job Prevalence in Chicago, Illinois, United States

Job family: Economists

Job family population: 19,550

Estimated population of Rate Analyst jobs: 5,782

Rate of error: 4.5%

Salary Potential

Estimated salary in 2024:
5 Year Change:
16 %


Education data not available for this job


Skills data not available for this job

About Chicago, Illinois

Chicago Cost of Living Score:

Description: Chicago ( (listen), locally also ), officially the City of Chicago, is the most populous city in Illinois, as well as the third most populous city in the United States. With an estimated population of 2,705,994 (2018), it is the most populous city in the Midwest. Chicago is the principal city of the Chicago metropolitan area, often referred to as Chicagoland, and the county seat of Cook County, the second most populous county in the United States. The metropolitan area, at nearly 10 million people, is the third-largest in the United States. Located on the shores of freshwater Lake Michigan, Chicago was incorporated...

Rate Analyst Job Listings for Chicago, Illinois

Rating Analyst
May 23
Chicago, IL, USA
S&P Global
As a Ratings Analyst, you participate in the evaluation of the credit quality of governmental entities--specifically cities, counties and school districts--as it relates to their ability to repay ...
Utilities Rating Analyst
May 15
Chicago, IL, USA
S&P Global
Ratings analysts are a key part of the success of the department and make meaningful contributions every day. Your Skills: A supportive team is critical to growing the skills of any junior staff ...
Asset Backed Securities, Director - CHI
Jun 13
Chicago, USA
Fitch Ratings
Reporting into team leadership, this person primarily assumes a dual role in both developing and maintaining cash flow models, as well as conducting credit analysis and rating ABS transactions. Asset ...
Director/Associate Director , Tax Supported - CHI
Jun 4
Chicago, USA
Fitch Ratings
Fitch Ratings is seeking a credit analyst with about 5 years (Associate Director candidates) or 7-10 years (Director candidates) of public finance related experience. The primary responsibilities of ...
Financial Analyst to the CFO
Jun 18
Schaumburg, IL, USA
Analyze business trends over time (Transfer Price, FX Rates, Mix, Volume, Personnel, Etc.) * Develop a deep understanding of global business drivers and processes * Assist in ad-hoc analysis ...
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