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School Psychologists Salary in Illinois: Cost of Living Adjusted (2024)

What does a School Psychologists 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
$80,220
Median annual (2024)
-1.3%
Real Purchasing Power
$79,190
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 School Psychologists earning $80,220 in Illinois has the equivalent purchasing power of $79,190 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) $59,290 $58,529 $-760
25th Percentile (P25) $66,620 $65,765 $-854
Median (P50) $80,220 $79,190 $-1,029
75th Percentile (P75) $101,680 $100,375 $-1,304
90th Percentile (P90) $119,250 $117,719 $-1,530
Key Insight

Illinois's cost of living is close to the national average, so $80,220 keeps most of its value at $79,190 in real terms. Location choice here is more about career opportunities than cost arbitrage.

Best States for School Psychologists (After Cost of Living)

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

$110,000
RPP 91.0
$108,563
RPP 102.3
3. Oregon
$106,172
RPP 106.6
$105,164
RPP 112.5
$103,533
RPP 105.0
6. Georgia
$101,054
RPP 95.8
$96,939
RPP 109.8
8. Wyoming
$95,886
RPP 91.9
9. Ohio
$95,005
RPP 91.5
10. New York
$92,295
RPP 107.6

Illinois ranks #34 out of 49 states for School Psychologists after cost-of-living adjustment.

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Frequently Asked Questions

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

A School Psychologists in Illinois earns a median salary of $80,220 per year. After adjusting for Illinois's cost of living (RPP=101.3), the real purchasing power is $79,190 — 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 School Psychologists in Illinois: $80,220 x (100 / 101.3) = $79,190. This represents what the salary would be worth in a state with average living costs.

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