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Farmers, Ranchers, and Other Agricultural Managers Salary in Illinois: Cost of Living Adjusted (2024)

What does a Farmers, Ranchers, and Other Agricultural 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 2026-03-31

Nominal Salary
$90,370
Median annual (2024)
-1.3%
Real Purchasing Power
$89,210
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 Farmers, Ranchers, and Other Agricultural Managers earning $90,370 in Illinois has the equivalent purchasing power of $89,210 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) $62,330 $61,530 $-799
25th Percentile (P25) $84,620 $83,534 $-1,085
Median (P50) $90,370 $89,210 $-1,159
75th Percentile (P75) $114,640 $113,168 $-1,471
90th Percentile (P90) $136,410 $134,659 $-1,750
Key Insight

Illinois's cost of living is close to the national average, so $90,370 keeps most of its value at $89,210 in real terms. Location choice here is more about career opportunities than cost arbitrage.

Best States for Farmers, Ranchers, and Other Agricultural Managers (After Cost of Living)

Where does Farmers, Ranchers, and Other Agricultural Managers salary stretch the furthest? Top 10 states ranked by COL-adjusted median salary.

1. Iowa
$113,518
RPP 88.4
2. Maine
$103,174
RPP 100.8
3. Montana
$102,724
RPP 90.3
$101,950
RPP 92.3
$101,288
RPP 96.2
$95,804
RPP 112.5
7. Florida
$93,036
RPP 102.1
$89,925
RPP 93.4
$89,210
RPP 101.3
10. Kansas
$88,088
RPP 90.0

Illinois ranks #9 out of 28 states for Farmers, Ranchers, and Other Agricultural Managers after cost-of-living adjustment.

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Frequently Asked Questions

What is the real salary for a Farmers, Ranchers, and Other Agricultural Managers in Illinois after cost of living?

A Farmers, Ranchers, and Other Agricultural Managers in Illinois earns a median salary of $90,370 per year. After adjusting for Illinois's cost of living (RPP=101.3), the real purchasing power is $89,210 — 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 Farmers, Ranchers, and Other Agricultural Managers in Illinois: $90,370 x (100 / 101.3) = $89,210. This represents what the salary would be worth in a state with average living costs.

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