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Average Purchasing Managers Salary in Illinois

Purchasing Managers in Illinois earn an impressive average annual salary of $150,340, slightly below the national average of $152,540. This marginal difference is often influenced by the state's robust industrial base and the specific demands of its manufacturing and trade sectors, which require skilled procurement professionals.

Executive Summary

  • Average Salary: $150,340 per year.
  • Growth Trend: Salaries have shifted 16.4% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $212,920.
  • Outlook: With a local workforce of 4,130 Purchasing Managers, Illinois demonstrates a significant presence in this field. The Location Quotient of 1.29 indicates a higher concentration of these roles compared to the national average, suggesting a robust and potentially growing job market for procurement specialists within the state.
2024 Market Data

Salary Overview

$150,340

The average Purchasing Managers in Illinois earns-1.4%below the national average.

BreakdownBased on 40h/week
Hourly

$72.3

Weekly

$2,891

Monthly

$12,528

Purchasing Managers Salary Distribution in Illinois

Salary progression for Purchasing Managers in Illinois typically scales significantly with experience. Entry-level positions might start in the lower percentiles, while seasoned professionals with extensive experience in strategic sourcing, negotiation, and supply chain management can command salaries in the upper percentiles, reflecting their value and expertise.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$95,060$45.7
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$112,755$54.2
ManagerOversees team, compliance, and project delivery.50% (Median)$139,330$67
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$187,925$90.3
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$212,920$102.4

Detailed Purchasing Managers Market Analysis

Relocation Context

Nominal Salary

$150,340

Gross Pay

Real Wage (Purchasing Power)

$163,769

Adjusted for COL (91.8)

The average salary of $150,340 in Illinois is quite advantageous when considering the local Cost of Living Index of 91.8. This index is below the national average of 100, meaning that the purchasing power of an Illinois-based Purchasing Manager's salary is likely higher than the nominal figure suggests, offering a good quality of life.

Job Market Context

4,130

Total Jobs

0.681

Per 1K Jobs

1.29

Location Quotient

Above Average

With a location quotient of 1.29, Illinois has a slightly higher-than-average concentration of Purchasing Managers roles compared to the national norm.

A Location Quotient of 1.29 signifies that Purchasing Managers are more concentrated in Illinois than the national average. This suggests a healthy demand for these professionals within the state, potentially leading to competitive opportunities for skilled individuals and a dynamic job market.

Nearby Job Markets

Nearby Cities for Purchasing Managers

Comparing salaries near Illinois

Hiring Purchasing Managerss?

Frequently Asked Questions

How much does a Purchasing Managers make in Illinois?

The median annual salary for a Purchasing Managers in Illinois is $150,340. This typically ranges from $95,060 for entry-level positions to $212,920 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Illinois is 1.4% lower than the national median of $152,540.

Is Illinois a lucrative place for Purchasing Managers?

Yes, Illinois offers a lucrative environment for Purchasing Managers.The state boasts a strong concentration of these roles with an average salary of $150,340, which provides excellent purchasing power due to a cost of living below the national average.

Is Illinois a good place to live for Purchasing Managers?

With a Cost of Living Index of 91.8 (lower than the national average of 100), your salary goes further here.

Where are the highest paying cities near Illinois?

Some top paying nearby cities include Champaign-Urbana, IL ($126,510) and Peoria, IL.

How does the Illinois Purchasing Manager salary compare to the national average?

The average salary for Purchasing Managers in Illinois is $150,340, which is slightly lower than the national average of $152,540.

What does the Location Quotient of 1.29 mean for Purchasing Managers in Illinois?

A Location Quotient of 1.29 indicates that Purchasing Managers are more concentrated in Illinois than the national average, suggesting a strong presence and demand for these professionals in the state.

How does the cost of living affect the Purchasing Manager salary in Illinois?

With a Cost of Living Index of 91.8, which is below the national average, the $150,340 salary in Illinois offers a higher effective purchasing power compared to areas with a higher cost of living.

What is the total number of Purchasing Managers in Illinois?

There are approximately 4,130 Purchasing Managers employed in Illinois, representing a significant segment of the state's professional workforce.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 4,130 employees in the Illinois area with a job density of 0.681 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.