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Structural Iron and Steel Workers Salary in Illinois: Cost of Living Adjusted (2024)

What does a Structural Iron and Steel Workers 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
$101,030
Median annual (2024)
-1.3%
Real Purchasing Power
$99,733
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 Structural Iron and Steel Workers earning $101,030 in Illinois has the equivalent purchasing power of $99,733 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) $64,270 $63,445 $-824
25th Percentile (P25) $80,700 $79,664 $-1,035
Median (P50) $101,030 $99,733 $-1,296
75th Percentile (P75) $118,620 $117,097 $-1,522
90th Percentile (P90) $121,770 $120,207 $-1,562
Key Insight

Illinois's cost of living is close to the national average, so $101,030 keeps most of its value at $99,733 in real terms. Location choice here is more about career opportunities than cost arbitrage.

Best States for Structural Iron and Steel Workers (After Cost of Living)

Where does Structural Iron and Steel Workers salary stretch the furthest? Top 10 states ranked by COL-adjusted median salary.

$106,608
RPP 109.4
$102,757
RPP 108.8
$99,733
RPP 101.3
$99,588
RPP 92.3
$96,511
RPP 109.8
$95,435
RPP 97.7
$91,499
RPP 104.7
8. Hawaii
$89,684
RPP 110.8
$89,605
RPP 88.7
10. New York
$88,633
RPP 107.6

Illinois ranks #3 out of 50 states for Structural Iron and Steel Workers after cost-of-living adjustment.

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Frequently Asked Questions

What is the real salary for a Structural Iron and Steel Workers in Illinois after cost of living?

A Structural Iron and Steel Workers in Illinois earns a median salary of $101,030 per year. After adjusting for Illinois's cost of living (RPP=101.3), the real purchasing power is $99,733 — 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 Structural Iron and Steel Workers in Illinois: $101,030 x (100 / 101.3) = $99,733. This represents what the salary would be worth in a state with average living costs.

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