Family Medicine Physicians Salary in Illinois: Cost of Living Adjusted (2024)

What does a Family Medicine Physicians 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

$220,260

Median annual (2024)

→ -1.3%

Real Purchasing Power

$217,433

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 Family Medicine Physicians earning $220,260 in Illinois has the equivalent purchasing power of $217,433 in an average-cost US state.

IL: 101.3

Cheapest (~85) US Avg (100) Priciest (~115)

Key Insight

Illinois's cost of living is close to the national average, so $220,260 keeps most of its value at $217,433 in real terms. Location choice here is more about career opportunities than cost arbitrage.

Best States for Family Medicine Physicians (After Cost of Living)

Where does Family Medicine Physicians salary stretch the furthest? Top 10 states ranked by COL-adjusted median salary.

1. Mississippi

$265,269

RPP 87.3

2. Kansas

$263,555

RPP 90.0

3. South Carolina

$253,151

RPP 93.6

4. Tennessee

$249,509

RPP 91.8

5. South Dakota

$247,113

RPP 88.0

6. Oklahoma

$246,869

RPP 88.8

7. North Carolina

$241,305

RPP 94.2

8. Ohio

$241,092

RPP 91.5

9. Delaware

$240,775

RPP 98.0

10. Missouri

$238,188

RPP 91.1

Illinois ranks #17 out of 24 states for Family Medicine Physicians after cost-of-living adjustment.

What To Do Next

Build a Professional Resume

Stand out to employers with a polished, ATS-friendly resume.

Upgrade Your Skills

Take courses from top universities and companies to boost your career.

Learn New Skills

Affordable courses in tech, business, and professional development.

Grow Your Career

Expert-led courses plus LinkedIn profile integration.

Some links are affiliate links. See our disclosure.

Frequently Asked Questions

What is the real salary for a Family Medicine Physicians in Illinois after cost of living?

A Family Medicine Physicians in Illinois earns a median salary of $220,260 per year. After adjusting for Illinois's cost of living (RPP=101.3), the real purchasing power is $217,433 — 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 Family Medicine Physicians in Illinois: $220,260 x (100 / 101.3) = $217,433. This represents what the salary would be worth in a state with average living costs.