Property, Real Estate, and Community Association Managers Salary in Illinois: Cost of Living Adjusted (2024)

What does a Property, Real Estate, and Community Association Managers 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 2026-04-06

Nominal Salary
$66,810
Median annual (2024)
-1.3%
Real Purchasing Power
$65,952
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 Property, Real Estate, and Community Association Managers earning $66,810 in Illinois has the equivalent purchasing power of $65,952 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) $38,300 $37,808 $-491
25th Percentile (P25) $49,990 $49,348 $-641
Median (P50) $66,810 $65,952 $-857
75th Percentile (P75) $99,360 $98,084 $-1,275
90th Percentile (P90) $137,490 $135,725 $-1,764
Key Insight

Illinois's cost of living is close to the national average, so $66,810 keeps most of its value at $65,952 in real terms. Location choice here is more about career opportunities than cost arbitrage.

Best States for Property, Real Estate, and Community Association Managers (After Cost of Living)

Where does Property, Real Estate, and Community Association Managers salary stretch the furthest? Top 10 states ranked by COL-adjusted median salary.

$93,451
RPP 109.8
$90,742
RPP 102.3
$89,321
RPP 107.6
$87,851
RPP 104.7
$75,393
RPP 109.4
$73,501
RPP 108.8
$72,368
RPP 106.4
$71,606
RPP 102.1
$71,095
RPP 105.0
10. Wisconsin
$70,422
RPP 92.3

Illinois ranks #14 out of 51 states for Property, Real Estate, and Community Association Managers after cost-of-living adjustment.

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How much do you actually take home? See Property, Real Estate, and Community Association Managers take-home pay in Illinois after taxes →

Frequently Asked Questions

What is the real salary for a Property, Real Estate, and Community Association Managers in Illinois after cost of living?

A Property, Real Estate, and Community Association Managers in Illinois earns a median salary of $66,810 per year. After adjusting for Illinois's cost of living (RPP=101.3), the real purchasing power is $65,952 — 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 Property, Real Estate, and Community Association Managers in Illinois: $66,810 x (100 / 101.3) = $65,952. This represents what the salary would be worth in a state with average living costs.

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