Credit Counselors Salary
Credit Counselors in Illinois make a median of $51,930 a year, or about $24.96 an hour. The range runs from $40K at the entry level to $79K for experienced workers. Cost of living is below average (RPP 93.85), which stretches that salary to about $55,333 in buying power. A 2-bedroom apartment runs $1,407/month, about 41.2% of take-home, which is tight.
Statewide average. Salary and cost of living vary significantly across Illinois. Jump to a metro for precise data:
So what does $52K get you in Illinois?
About credit counselors
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What this looks like in Illinois
Credit counselors pay in Illinois tracks closely to the national median, $52K locally vs. $52K nationwide, a 1% difference. The catch: housing math doesn't keep up. A 2-bedroom at the HUD median rents for $1,407/month, which is 41% of the median worker's take-home, past the 30% guideline most planners use. Regional Price Parity sits at 93.85 (national = 100), meaning everyday costs run about 6% cheaper here. Your dollar stretches further than the headline salary suggests. Use the affordability calculator above to model your specific situation.
Compensation breakdown
Annual earnings by percentile, Illinois
Entry-level credit counselors (10th percentile) start around $40K. Mid-career wages sit at $52K. Top earners bring in $79K or more, a $39K spread from bottom to top.
Credit Counselors salary by metro in Illinois
1 metro area with BLS data, ranked by median pay
| Metro area | Median salary | vs. state | Employment |
|---|---|---|---|
| Chicago-Naperville-Elgin | $57K | +10% | 800 |
Compare to other states
Track credit counselors salary changes
BLS updates this data quarterly. We'll email you when Illinois numbers change.
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Frequently asked questions
Can a credit counselor afford a 2BR apartment alone in Illinois?
It’s a stretch — at the median salary of $52K, rent takes 41% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $1,407/month. The 30% guideline puts the comfortable ceiling at roughly $1,000/month in rent — so roommates or a 1-bedroom would ease the math significantly.
What’s the entry-level salary for credit counselors in Illinois?
The 10th-percentile wage — what new credit counselors typically earn — is $40K/year. Take-home on that works out to about $2,377/month. At HUD’s $1,407/month FMR, rent would take 59% of that take-home — above the 30% guideline, so a 1-bedroom or shared housing is likely necessary starting out.
Is credit counselor a high-paying job in Illinois?
Pay here is roughly in line with the national average — $52K locally vs. $52K nationally, a 1% difference.
How does Illinois compare to the national average for credit counselors?
Illinois pays $52K median vs. the U.S. average of $52K — that’s -1%. After adjusting for local cost of living (RPP 93.85), the purchasing-power equivalent is $55K — still ahead of the national median.
How much do credit counselors make in Illinois?
The median is $51,930 a year, that works out to about $25 an hour. But the range is wide: entry-level workers start around $39,620, and experienced credit counselors can clear $78,990. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $52K enough to live in Illinois?
On that salary, you'd take home roughly $3,433/month after taxes. A 2-bedroom here rents for about $1,407/month, which eats 41% of your paycheck. That's above the 30% rule of thumb, housing will be a stretch at the median salary, though you can manage with roommates or a smaller place.
How far does a credit counselors salary go in Illinois?
Illinois has a Regional Price Parity of 93.85 (100 is the national average). That's below average, your money stretches further here than the raw salary number suggests. After cost-of-living adjustment, the median credit counselors salary is worth about $55,333 in national-average purchasing power.
Where do credit counselors get paid the most?
The table above ranks every state by median pay for this role. Keep in mind that the highest-paying states tend to have the highest costs of living, so the top salary doesn't always mean the most money in your pocket.