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Bookkeeping, Accounting, and Auditing Clerks Salary in Illinois: Cost of Living Adjusted (2024)

What does a Bookkeeping, Accounting, and Auditing Clerks salary really buy you in Illinois?

Illinois is near the US average cost of living

Data: BLS OEWS 2024 + BEA Regional Price Parities 2022 • Updated 2026-03-31

Nominal Salary
$48,840
Median annual (2024)
-1.3%
Real Purchasing Power
$48,213
COL-adjusted (RPP=101.3)

Illinois Cost of Living Index

Illinois's Regional Price Parity (RPP) is 101.3, meaning prices are 1.3% higher the national average. A Bookkeeping, Accounting, and Auditing Clerks earning $48,840 in Illinois has the equivalent purchasing power of $48,213 in an average-cost US state.

IL: 101.3
Cheapest (~85) US Avg (100) Priciest (~115)

Salary Breakdown: Nominal vs. COL-Adjusted

Every dollar goes further in low-cost states. Here is how each salary percentile compares after adjusting for Illinois's cost of living.

Percentile Nominal Salary COL-Adjusted Difference
10th Percentile (P10) $35,120 $34,669 $-450
25th Percentile (P25) $41,070 $40,542 $-527
Median (P50) $48,840 $48,213 $-626
75th Percentile (P75) $58,930 $58,173 $-756
90th Percentile (P90) $68,430 $67,551 $-878
Key Insight

Illinois's cost of living is close to the national average, so $48,840 keeps most of its value at $48,213 in real terms. Location choice here is more about career opportunities than cost arbitrage.

Best States for Bookkeeping, Accounting, and Auditing Clerks (After Cost of Living)

Where does Bookkeeping, Accounting, and Auditing Clerks salary stretch the furthest? Top 10 states ranked by COL-adjusted median salary.

$54,408
RPP 88.7
$53,843
RPP 106.4
$53,582
RPP 97.7
4. Alaska
$53,441
RPP 102.0
5. Iowa
$53,337
RPP 88.4
$52,936
RPP 92.3
$52,864
RPP 102.3
$52,642
RPP 98.0
$52,212
RPP 109.4
$52,141
RPP 108.8

Illinois ranks #41 out of 50 states for Bookkeeping, Accounting, and Auditing Clerks after cost-of-living adjustment.

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Frequently Asked Questions

What is the real salary for a Bookkeeping, Accounting, and Auditing Clerks in Illinois after cost of living?

A Bookkeeping, Accounting, and Auditing Clerks in Illinois earns a median salary of $48,840 per year. After adjusting for Illinois's cost of living (RPP=101.3), the real purchasing power is $48,213 — a -1.3% difference.

Is Illinois expensive to live in?

Illinois's cost of living is 1.3% higher than the national average according to the BEA Regional Price Parities (2022). The RPP index for Illinois is 101.3 (US average = 100).

What are Regional Price Parities (RPP)?

Regional Price Parities (RPPs) are price indexes published by the U.S. Bureau of Economic Analysis (BEA) that measure differences in price levels across states. They are expressed as a percentage of the national average (US = 100). Higher RPP means higher cost of living.

How is the cost-of-living adjusted salary calculated?

The adjusted salary is calculated as: Nominal Salary x (100 / RPP). For a Bookkeeping, Accounting, and Auditing Clerks in Illinois: $48,840 x (100 / 101.3) = $48,213. This represents what the salary would be worth in a state with average living costs.

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