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Machinists Salary in Illinois: Cost of Living Adjusted (2024)

What does a Machinists 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
$56,700
Median annual (2024)
-1.3%
Real Purchasing Power
$55,972
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 Machinists earning $56,700 in Illinois has the equivalent purchasing power of $55,972 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) $37,560 $37,077 $-482
25th Percentile (P25) $45,110 $44,531 $-578
Median (P50) $56,700 $55,972 $-727
75th Percentile (P75) $65,970 $65,123 $-846
90th Percentile (P90) $79,820 $78,795 $-1,024
Key Insight

Illinois's cost of living is close to the national average, so $56,700 keeps most of its value at $55,972 in real terms. Location choice here is more about career opportunities than cost arbitrage.

Best States for Machinists (After Cost of Living)

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

1. Alaska
$71,284
RPP 102.0
2. Wyoming
$69,662
RPP 91.9
3. Hawaii
$69,548
RPP 110.8
4. Montana
$67,807
RPP 90.3
$65,512
RPP 88.7
$64,801
RPP 90.6
$64,654
RPP 89.8
8. Utah
$63,968
RPP 94.5
$63,578
RPP 91.1
$63,208
RPP 91.0

Illinois ranks #37 out of 50 states for Machinists after cost-of-living adjustment.

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Frequently Asked Questions

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

A Machinists in Illinois earns a median salary of $56,700 per year. After adjusting for Illinois's cost of living (RPP=101.3), the real purchasing power is $55,972 — 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 Machinists in Illinois: $56,700 x (100 / 101.3) = $55,972. This represents what the salary would be worth in a state with average living costs.

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