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Management Analysts Salary in Illinois: Cost of Living Adjusted (2024)

What does a Management Analysts 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
$110,370
Median annual (2024)
-1.3%
Real Purchasing Power
$108,953
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 Management Analysts earning $110,370 in Illinois has the equivalent purchasing power of $108,953 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) $59,810 $59,042 $-767
25th Percentile (P25) $81,540 $80,493 $-1,046
Median (P50) $110,370 $108,953 $-1,416
75th Percentile (P75) $154,490 $152,507 $-1,982
90th Percentile (P90) $199,740 $197,176 $-2,563
Key Insight

Illinois's cost of living is close to the national average, so $110,370 keeps most of its value at $108,953 in real terms. Location choice here is more about career opportunities than cost arbitrage.

Best States for Management Analysts (After Cost of Living)

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

$120,511
RPP 109.4
2. Alabama
$116,719
RPP 87.8
$116,085
RPP 105.0
4. Vermont
$114,579
RPP 101.1
5. Wyoming
$112,970
RPP 91.9
$108,953
RPP 101.3
$108,918
RPP 90.6
$108,678
RPP 92.3
$108,132
RPP 109.8
10. Virginia
$107,394
RPP 102.1

Illinois ranks #6 out of 48 states for Management Analysts after cost-of-living adjustment.

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Frequently Asked Questions

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

A Management Analysts in Illinois earns a median salary of $110,370 per year. After adjusting for Illinois's cost of living (RPP=101.3), the real purchasing power is $108,953 — 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 Management Analysts in Illinois: $110,370 x (100 / 101.3) = $108,953. This represents what the salary would be worth in a state with average living costs.

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