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Cost Estimators Salary in Illinois: Cost of Living Adjusted (2024)

What does a Cost Estimators 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
$79,880
Median annual (2024)
-1.3%
Real Purchasing Power
$78,854
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 Cost Estimators earning $79,880 in Illinois has the equivalent purchasing power of $78,854 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) $47,520 $46,910 $-609
25th Percentile (P25) $59,320 $58,558 $-761
Median (P50) $79,880 $78,854 $-1,025
75th Percentile (P75) $99,470 $98,193 $-1,276
90th Percentile (P90) $127,050 $125,419 $-1,630
Key Insight

Illinois's cost of living is close to the national average, so $79,880 keeps most of its value at $78,854 in real terms. Location choice here is more about career opportunities than cost arbitrage.

Best States for Cost Estimators (After Cost of Living)

Where does Cost Estimators salary stretch the furthest? Top 10 states ranked by COL-adjusted median salary.

$93,857
RPP 109.4
2. Iowa
$86,300
RPP 88.4
3. Utah
$83,756
RPP 94.5
4. Nevada
$83,267
RPP 96.4
$82,579
RPP 88.0
6. Ohio
$82,459
RPP 91.5
$81,832
RPP 97.7
8. Idaho
$81,568
RPP 91.8
9. Wyoming
$81,468
RPP 91.9
10. Michigan
$81,456
RPP 93.4

Illinois ranks #18 out of 50 states for Cost Estimators after cost-of-living adjustment.

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Frequently Asked Questions

What is the real salary for a Cost Estimators in Illinois after cost of living?

A Cost Estimators in Illinois earns a median salary of $79,880 per year. After adjusting for Illinois's cost of living (RPP=101.3), the real purchasing power is $78,854 — 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 Cost Estimators in Illinois: $79,880 x (100 / 101.3) = $78,854. This represents what the salary would be worth in a state with average living costs.

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