Published GME salary scale · Chicago, IL

Northwestern McGaw Resident Salary 2026–27: $78,489 PGY-1

Northwestern McGaw pays PGY-1 residents $78,489 in 2026–27, rising to $99,277 by PGY-7, according to its published salary scale. Adjusted for the cost of living in the Chicago area, that PGY-1 salary is worth $75,765 in U.S.-average dollars, ranking 27 of 72 institutions SalaryDr tracks.

Sponsoring institution: McGaw Medical Center of Northwestern University

PGY-1 salary
$78,489
PGY-7 salary
$99,277
PGY-1, cost-of-living adjusted
$75,765
Resident Pay Index rank
27 of 72

Northwestern McGaw salary by PGY year (2026–27)

Annual salary from the published scale. The adjusted column converts each figure to U.S.-average dollars using the Chicago area’s price level (103.6, where the U.S. = 100).

Northwestern McGaw resident salary by postgraduate year, 2026–27
LevelAnnual salaryMonthlyCost-of-living adjusted
PGY-1$78,489$6,541$75,765
PGY-2$81,585$6,799$78,754
PGY-3$84,333$7,028$81,406
PGY-4$89,097$7,425$86,005
PGY-5$92,697$7,725$89,480
PGY-6$95,568$7,964$92,252
PGY-7$99,277$8,273$95,832

PGY-7 and above share one rate. The page also lists 2027-28 rates (PGY-1 $80,843.22).

Stipends and benefits Northwestern McGaw publishes

Education and books
$11,000 yearly academic stipend
Other pay and perks
$150 yearly fatigue-mitigation transportation stipend

How Northwestern McGaw compares

The median PGY-1 salary across the 72 institutions SalaryDr tracks is $71,664, or $74,182 after adjusting for cost of living. Northwestern McGaw pays $6,825 more than that median before the adjustment and $1,583 more than it after.

Nearby institutions

Northwestern McGaw compared with nearby institutions
InstitutionCityPGY-1Cost-of-living adjustedRank
Michigan MedicineAnn Arbor, MI$77,049$76,37721
Medical College of WisconsinMilwaukee, WI$73,944$76,28023
UChicago MedicineChicago, IL$78,973$76,23224
Northwestern McGawChicago, IL$78,489$75,76527
UW Health (Madison)Madison, WI$73,449$75,49729
University Hospitals ClevelandCleveland, OH$69,825$74,34336

See all 72 institutions in the Resident Pay Index · Resident salaries in Illinois

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Source and methodology

Salary source
McGaw Medical Center of Northwestern University, published salary page
Academic year
2026–27
Last checked
What it says
2026-27 training year ... PGY1 $78,488.56
Cost of living
U.S. Bureau of Economic Analysis Regional Price Parity for the Chicago-Naperville-Elgin, IL-IN metro area: 103.6 (U.S. = 100), 2024 data. Adjusted salary = published salary ÷ (price parity ÷ 100).

Figures are base salary as the institution publishes it. They exclude stipends, bonuses, moonlighting and taxes unless noted. Report an error