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State comparison · 2025

Loan Officers salary: Connecticut vs Illinois

Occupation

Loan Officers in Connecticut earn a median of $95,730. In Illinois, $79,150. After cost-of-living, the gap is 16.7% — not 20.9%.

Nominal pay gap
+20.9%
Connecticut vs Illinois
COL-adjusted gap
+16.7%
After BEA Regional Price Parities

Connecticut

Loan Officers

Median
$95,730
p25
$63,790
p75
$121,360
p10
$50,300
p90
$171,280
COL index (BEA RPP)100 = US average
103.6
See full breakdown for Connecticut

Illinois

Loan Officers

Median
$79,150
p25
$60,520
p75
$104,560
p10
$43,020
p90
$137,080
COL index (BEA RPP)100 = US average
100.0
See full breakdown for Illinois

BLS Occupational Employment and Wage Statistics, May 2025. Cost-of-living adjustment from BEA Regional Price Parities (overall index). Hiring velocity from DOL OFLC public disclosure data, recent 180 days vs prior. See methodology.