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Compensation, Benefits, and Job Analysis Specialists Salary in Illinois: Cost of Living Adjusted (2024)

What does a Compensation, Benefits, and Job Analysis Specialists 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
$74,710
Median annual (2024)
-1.3%
Real Purchasing Power
$73,751
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 Compensation, Benefits, and Job Analysis Specialists earning $74,710 in Illinois has the equivalent purchasing power of $73,751 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) $44,250 $43,682 $-567
25th Percentile (P25) $57,530 $56,791 $-738
Median (P50) $74,710 $73,751 $-958
75th Percentile (P75) $95,170 $93,948 $-1,221
90th Percentile (P90) $117,820 $116,307 $-1,512
Key Insight

Illinois's cost of living is close to the national average, so $74,710 keeps most of its value at $73,751 in real terms. Location choice here is more about career opportunities than cost arbitrage.

Best States for Compensation, Benefits, and Job Analysis Specialists (After Cost of Living)

Where does Compensation, Benefits, and Job Analysis Specialists salary stretch the furthest? Top 10 states ranked by COL-adjusted median salary.

$89,500
RPP 98.0
$89,334
RPP 88.7
$89,219
RPP 91.0
$85,420
RPP 109.4
$84,314
RPP 93.4
$83,592
RPP 97.7
$83,551
RPP 109.8
$82,121
RPP 102.3
$81,904
RPP 89.8
10. Missouri
$80,329
RPP 91.1

Illinois ranks #26 out of 50 states for Compensation, Benefits, and Job Analysis Specialists after cost-of-living adjustment.

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Frequently Asked Questions

What is the real salary for a Compensation, Benefits, and Job Analysis Specialists in Illinois after cost of living?

A Compensation, Benefits, and Job Analysis Specialists in Illinois earns a median salary of $74,710 per year. After adjusting for Illinois's cost of living (RPP=101.3), the real purchasing power is $73,751 — 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 Compensation, Benefits, and Job Analysis Specialists in Illinois: $74,710 x (100 / 101.3) = $73,751. This represents what the salary would be worth in a state with average living costs.

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