💰 COL Index: 103 — Near Avg Cost

Salaries in Elgin, IL

Modeled occupation planning estimates with gross-pay and cost-context formulas.

Model generated 2026-02-26 · Methodology reviewed July 16, 2026 · 39 selected occupations

Selected-Role Model Average
$53,988
unweighted modeled medians; not a worker average
Purchasing-Power Model
$52,620
model average ÷ 102.6 × 100
Highest Modeled Role
Software Developer
$128,252
City 1BR Rent Reference
$1,231
monthly context; not a current quote

What does the salary model mean for Elgin?

$53,988 is the unweighted arithmetic average of the modeled medians for these 39 selected occupations. It is not an official mean or median for all local workers.

Model average$53,988/year
Gross monthly equivalent$4,499/month
Household income context$83,539

Keep the measures separate: gross monthly salary is before taxes and deductions; household income can include multiple earners; the selected-role model average is not weighted by local employment.

🏆 Highest Modeled Values in This 39-Role Set

Ranked by modeled annual occupation median. These are planning estimates, not direct local OEWS rows.

🥇 +1% vs national

Software Developer

$128,252
💡 Purchasing-power model $125,002
⏱ Hourly modeled equivalent $61.66/hr
National projected growth +17.0%
🥈 +1% vs national

Accountant

$86,751
💡 Purchasing-power model $84,553
⏱ Hourly modeled equivalent $41.71/hr
National projected growth +3.0%
🥉 +1% vs national

Elementary School Teacher

$64,166
💡 Purchasing-power model $62,540
⏱ Hourly modeled equivalent $30.85/hr
National projected growth +3.0%
4️⃣ +1% vs national

Electrician

$62,030
💡 Purchasing-power model $60,458
⏱ Hourly modeled equivalent $29.82/hr
National projected growth +3.0%
5️⃣ +1% vs national

Real Estate Agent

$61,959
💡 Purchasing-power model $60,389
⏱ Hourly modeled equivalent $29.79/hr
National projected growth +3.0%

📋 Complete Salary Guide — All 39 Occupations in Elgin

Purchasing-power equivalent = modeled annual median divided by the planning cost index (102.6/100). It does not estimate taxes or take-home pay. This city cost reference is above 100.

Showing all 39 occupations.

#
1 Software Developer $128,252
2 Accountant $86,751
3 Elementary School Teacher $64,166
4 Electrician $62,030
5 Real Estate Agent $61,959
6 Heavy Truck Driver $53,504
7 Data Analyst $50,390
8 Plumber $50,390
9 Paralegal $50,390
10 Carpenter $50,390
11 Physical Therapist $50,390
12 Human Resources Specialist $50,390
13 Financial Analyst $50,390
14 Pharmacist $50,390
15 HVAC Technician $50,390
16 Police Officer $50,390
17 Nursing Assistant (CNA) $50,390
18 Nail Technician $50,390
19 Personal Trainer $50,390
20 Chef/Head Cook $50,390
21 Social Worker $50,390
22 Auto Mechanic $50,390
23 Veterinary Technician $50,390
24 Pharmacy Technician $50,390
25 Dental Assistant $50,390
26 Firefighter $50,390
27 Licensed Practical Nurse (LPN) $50,390
28 Construction Manager $50,390
29 Web Developer $50,390
30 Dental Hygienist $50,390
31 Marketing Manager $50,390
32 Medical Assistant $50,390
33 Cosmetologist $50,390
34 Project Manager $50,390
35 Loan Officer $50,390
36 Insurance Agent $50,390
37 Graphic Designer $50,390
38 Welder $50,390
39 Security Guard $36,421

OCity planning estimates. National occupation references are inputs; displayed city values are modeled rather than direct local BLS occupation rows.

Elgin salary model: formulas, sources and limitations

Stored occupation model comparison

modeled estimate ÷ stored national reference = row comparison

On this owner, estimate-to-reference ratios are 0.320×–1.511× across occupations. Ratios can vary by occupation, so this is not described as one citywide multiplier or a direct local OEWS download.

Purchasing-power equivalent

modeled estimate ÷ 102.6 × 100

This comparison does not estimate taxes or take-home pay and is not an official BLS adjustment.

Limitations. “Average” is unweighted across selected occupations. Growth fields are national occupation projections, not local forecasts. City and metro geographies can differ. Repeated stored employment counts are not presented as local jobs.

Model generated 2026-02-26; methodology reviewed July 16, 2026.

🏙️ Living Costs in Elgin

🏠
1BR Rent
$1,231/mo
🏡
2BR Rent
$1,538/mo
🏘️
Median Home
$345,000
📉
Unemployment
4.5%
💳
Median Income
$83,539
🎓
College Educated
27%
🚶
Walk Score
45/100
📊
Cost of Living
103
Near Avg Cost

🧮 Test Your Elgin Budget

Use scenario tools to compare gross pay and city cost context. Results depend on the inputs and do not guarantee take-home pay, housing approval or affordability.

Elgin Salary FAQ

What does the average salary in Elgin mean on this page?

$53,988 is the unweighted arithmetic average of the modeled medians for 39 selected occupations. It is not an official mean or median for all Elgin workers.

What is the monthly salary estimate in Elgin?

The selected-occupation model average equals about $4,499 per month before taxes and deductions. This gross arithmetic conversion is not take-home pay or household income.

What is a good salary in Elgin?

There is no universal threshold. Household size, current housing quotes, taxes, debt, benefits, transportation and other recurring costs determine fit. The figures here are planning references, not affordability guarantees.

Are these direct local BLS salary observations for Elgin?

No. Each stored city planning estimate is compared with its stored national occupation reference. The estimate-to-reference relationship is 0.320×–1.511× across occupations; it is not represented as one universal city multiplier or a direct local BLS observation.

📝 Planning Takeaways for Elgin

Use the occupation rows to compare modeled gross-pay references, not to predict an offer. Validate the exact role, experience level, employer, benefits and location. Then model taxes and current household costs before making a relocation or career decision.

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