Derrick Operators, Oil and Gas Salary in Illinois: Cost of Living Adjusted (2024)

What does a Derrick Operators, Oil and Gas 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 2026-04-02

Nominal Salary
$27,040
Median annual (2024)
-1.3%
Real Purchasing Power
$26,692
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 Derrick Operators, Oil and Gas earning $27,040 in Illinois has the equivalent purchasing power of $26,692 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) $27,040 $26,692 $-347
25th Percentile (P25) $27,040 $26,692 $-347
Median (P50) $27,040 $26,692 $-347
75th Percentile (P75) $40,920 $40,394 $-525
90th Percentile (P90) $46,110 $45,518 $-591
Key Insight

Illinois's cost of living is close to the national average, so $27,040 keeps most of its value at $26,692 in real terms. Location choice here is more about career opportunities than cost arbitrage.

Best States for Derrick Operators, Oil and Gas (After Cost of Living)

Where does Derrick Operators, Oil and Gas salary stretch the furthest? Top 10 states ranked by COL-adjusted median salary.

$82,505
RPP 96.2
2. Alaska
$77,058
RPP 102.0
$72,773
RPP 88.7
$66,743
RPP 90.6
$66,296
RPP 91.0
6. Wyoming
$63,329
RPP 91.9
$62,488
RPP 89.2
$61,587
RPP 88.8
9. Texas
$55,466
RPP 97.5
$54,788
RPP 87.3

Illinois ranks #15 out of 15 states for Derrick Operators, Oil and Gas after cost-of-living adjustment.

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How much do you actually take home? See Derrick Operators, Oil and Gas take-home pay in Illinois after taxes →

Frequently Asked Questions

What is the real salary for a Derrick Operators, Oil and Gas in Illinois after cost of living?

A Derrick Operators, Oil and Gas in Illinois earns a median salary of $27,040 per year. After adjusting for Illinois's cost of living (RPP=101.3), the real purchasing power is $26,692 — 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 Derrick Operators, Oil and Gas in Illinois: $27,040 x (100 / 101.3) = $26,692. This represents what the salary would be worth in a state with average living costs.

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