What does a Credit Counselors salary really buy you in Illinois?
Illinois is near the US average cost of livingData: BLS OEWS 2024 + BEA Regional Price Parities 2022 • Updated 2026-03-31
Illinois's Regional Price Parity (RPP) is 101.3, meaning prices are 1.3% higher the national average. A Credit Counselors earning $51,160 in Illinois has the equivalent purchasing power of $50,503 in an average-cost US state.
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) | $40,170 | $39,654 | $-515 |
| 25th Percentile (P25) | $47,470 | $46,860 | $-609 |
| Median (P50) | $51,160 | $50,503 | $-656 |
| 75th Percentile (P75) | $59,960 | $59,190 | $-769 |
| 90th Percentile (P90) | $76,510 | $75,528 | $-981 |
Illinois's cost of living is close to the national average, so $51,160 keeps most of its value at $50,503 in real terms. Location choice here is more about career opportunities than cost arbitrage.
Where does Credit Counselors salary stretch the furthest? Top 10 states ranked by COL-adjusted median salary.
Illinois ranks #32 out of 45 states for Credit Counselors after cost-of-living adjustment.
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A Credit Counselors in Illinois earns a median salary of $51,160 per year. After adjusting for Illinois's cost of living (RPP=101.3), the real purchasing power is $50,503 — a -1.3% difference.
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).
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.
The adjusted salary is calculated as: Nominal Salary x (100 / RPP). For a Credit Counselors in Illinois: $51,160 x (100 / 101.3) = $50,503. This represents what the salary would be worth in a state with average living costs.