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New Product Development Manager salary in Chicago,IL
How much can you earn as a New Product Development Manager in Chicago,IL?New Product Development Manager in Chicago, IL earn an average of $64.13 per hour, approximately $11,111 per month or $133,333 per year. Salary for New Product Development Manager typically range from $126K to $175K annually, depending on skills, experience, and employer.
Average Salary Overview – New Product Development Manager Chicago, IL
This section provides an overview of the estimated average salary and total compensation for a New Product Development Manager in Chicago, IL, as of 2026. Please note that these numbers are estimations and actual compensations may vary.
| Percentile | Average Salary | Total Compensation |
|---|---|---|
| 25th Percentile | $80,000 | $95,000 |
| 50th Percentile (Median) | $100,000 | $120,000 |
| 75th Percentile | $130,000 | $155,000 |
New Product Development Manager Salary by Experience Level
This section provides an overview of the estimated total compensation for a New Product Development Manager in Chicago, IL, based on years of experience.
| Years of Experience | Estimated Total Compensation |
|---|---|
| 0-2 years | $70,000 - $90,000 |
| 3-5 years | $90,000 - $110,000 |
| 6-10 years | $110,000 - $140,000 |
| 10+ years | $140,000 - $180,000 |
Related Roles & Salaries
Here are several job roles closely related to a New Product Development Manager and their typical salary ranges in Chicago, IL.
- Product Manager: $80,000 - $120,000
- Senior Product Manager: $100,000 - $150,000
- Product Development Engineer: $70,000 - $110,000
- Product Line Manager: $90,000 - $140,000
- Product Marketing Manager: $80,000 - $130,000
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