The answer to 'cost to install panel upgrade in Chicago' is that the cost can vary significantly depending on several factors. Typical ranges for a full panel upgrade in the Chicago area are generally between $1,500 to $5,000, but the exact price will depend on the size of your home, the complexity of the electrical work needed, the materials required, and the experience level of the electrician.
Larger homes or those requiring more extensive electrical work may be on the higher end of that range, while smaller, simpler upgrades could be on the lower end. It's essential to get multiple quotes from licensed, local electricians to understand the specific costs for your property and situation.