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Nurse Practitioners Salary in Illinois: Cost of Living Adjusted (2024)

What does a Nurse Practitioners 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
$128,620
Median annual (2024)
-1.3%
Real Purchasing Power
$126,969
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 Nurse Practitioners earning $128,620 in Illinois has the equivalent purchasing power of $126,969 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) $102,280 $100,967 $-1,312
25th Percentile (P25) $111,450 $110,019 $-1,430
Median (P50) $128,620 $126,969 $-1,650
75th Percentile (P75) $138,420 $136,643 $-1,776
90th Percentile (P90) $158,680 $156,643 $-2,036
Key Insight

Illinois's cost of living is close to the national average, so $128,620 keeps most of its value at $126,969 in real terms. Location choice here is more about career opportunities than cost arbitrage.

Best States for Nurse Practitioners (After Cost of Living)

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

$152,131
RPP 91.0
$148,097
RPP 112.5
3. Montana
$147,995
RPP 90.3
4. Iowa
$146,402
RPP 88.4
$142,646
RPP 88.8
6. Alaska
$142,598
RPP 102.0
$142,461
RPP 89.8
8. Idaho
$140,457
RPP 91.8
9. Indiana
$139,738
RPP 91.8
$139,318
RPP 88.0

Illinois ranks #37 out of 49 states for Nurse Practitioners after cost-of-living adjustment.

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Frequently Asked Questions

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

A Nurse Practitioners in Illinois earns a median salary of $128,620 per year. After adjusting for Illinois's cost of living (RPP=101.3), the real purchasing power is $126,969 — 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 Nurse Practitioners in Illinois: $128,620 x (100 / 101.3) = $126,969. This represents what the salary would be worth in a state with average living costs.

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