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

What does a Project Management Specialists 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
$102,490
Median annual (2024)
-1.3%
Real Purchasing Power
$101,174
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 Project Management Specialists earning $102,490 in Illinois has the equivalent purchasing power of $101,174 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) $60,000 $59,230 $-769
25th Percentile (P25) $76,810 $75,824 $-985
Median (P50) $102,490 $101,174 $-1,315
75th Percentile (P75) $133,650 $131,934 $-1,715
90th Percentile (P90) $161,980 $159,901 $-2,078
Key Insight

Illinois's cost of living is close to the national average, so $102,490 keeps most of its value at $101,174 in real terms. Location choice here is more about career opportunities than cost arbitrage.

Best States for Project Management Specialists (After Cost of Living)

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

$116,642
RPP 98.0
$113,120
RPP 91.0
$112,624
RPP 102.1
4. Alabama
$111,435
RPP 87.8
$106,841
RPP 93.4
$106,584
RPP 109.8
7. Ohio
$105,890
RPP 91.5
$105,711
RPP 94.2
9. Georgia
$105,281
RPP 95.8
10. Colorado
$104,555
RPP 102.3

Illinois ranks #15 out of 50 states for Project Management Specialists after cost-of-living adjustment.

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Frequently Asked Questions

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

A Project Management Specialists in Illinois earns a median salary of $102,490 per year. After adjusting for Illinois's cost of living (RPP=101.3), the real purchasing power is $101,174 — 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 Project Management Specialists in Illinois: $102,490 x (100 / 101.3) = $101,174. This represents what the salary would be worth in a state with average living costs.

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