AmericaByNumbers.com

Industrial Engineers Salary in Illinois: Cost of Living Adjusted (2024)

What does a Industrial Engineers 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
$99,990
Median annual (2024)
-1.3%
Real Purchasing Power
$98,706
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 Industrial Engineers earning $99,990 in Illinois has the equivalent purchasing power of $98,706 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) $64,690 $63,859 $-830
25th Percentile (P25) $80,300 $79,269 $-1,030
Median (P50) $99,990 $98,706 $-1,283
75th Percentile (P75) $120,900 $119,348 $-1,551
90th Percentile (P90) $142,490 $140,661 $-1,828
Key Insight

Illinois's cost of living is close to the national average, so $99,990 keeps most of its value at $98,706 in real terms. Location choice here is more about career opportunities than cost arbitrage.

Best States for Industrial Engineers (After Cost of Living)

Where does Industrial Engineers salary stretch the furthest? Top 10 states ranked by COL-adjusted median salary.

1. Alaska
$140,176
RPP 102.0
$140,132
RPP 90.6
3. Wyoming
$133,340
RPP 91.9
$131,197
RPP 91.0
5. Idaho
$122,538
RPP 91.8
$121,091
RPP 98.0
$117,275
RPP 89.2
8. Oregon
$116,848
RPP 106.6
9. Montana
$114,296
RPP 90.3
10. Iowa
$113,076
RPP 88.4

Illinois ranks #42 out of 50 states for Industrial Engineers after cost-of-living adjustment.

What To Do Next

Some links are affiliate links. See our disclosure.

Frequently Asked Questions

What is the real salary for a Industrial Engineers in Illinois after cost of living?

A Industrial Engineers in Illinois earns a median salary of $99,990 per year. After adjusting for Illinois's cost of living (RPP=101.3), the real purchasing power is $98,706 — 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 Industrial Engineers in Illinois: $99,990 x (100 / 101.3) = $98,706. This represents what the salary would be worth in a state with average living costs.

Related Salary Pages