Medical Billing Salary

Oswego vs Peoria: Medical Billing and Coding Specialist Salary (2026)

Compare medical billing and coding specialist salaries between Oswego, IL and Peoria, IL. All figures are 2026 estimates projected from BLS 2025 data.

Oswego, IL
$28,556
$13.73/hr
Peoria, IL
$29,590
$14.22/hr

Side-by-Side Comparison

MetricOswego, ILPeoria, IL
Median Salary$28,556$29,590
Hourly Rate$13.73$14.22
Entry Level (P10)$22,127$22,439
25th Percentile$25,140$26,979
75th Percentile$35,983$35,792
Top Earner (P90)$44,263$44,361
Total Employed7230
Side-by-side bar chart comparing Oswego ($28,556) and Peoria ($29,590) medical billing and coding specialist salaries.OswegoPeoriaMedian Salary$28,556$29,590Entry Level (P10)$22,127$22,439Top Earner (P90)$44,263$44,361US Median $30,349

Verdict

Peoria, IL offers better overall compensation for medical billing and coding specialists, winning 4 out of 4 metrics compared to Oswego.

The salary gap between Oswego and Peoria is $1,034 (3.62%). Peoria's median is -2.50% compared to the US national median of $30,349.

Salary Range Comparison

The full salary range (10th to 90th percentile) in Oswego spans $22,136,Peoria spans $21,922. Oswego has a wider pay range, meaning more potential for high earners but also more variation.

Oswego
P10 (Entry)$22,127
P25$25,140
Median$28,556
P75$35,983
P90 (Top)$44,263
Peoria
P10 (Entry)$22,439
P25$26,979
Median$29,590
P75$35,792
P90 (Top)$44,361

Cost-of-Living Adjusted Comparison

After cost-of-living adjustment, Peoria ($32,434 effective) pays 10.29% more than Oswego ($29,409 effective).

Oswego
Nominal: $28,556
CoL Index: 97.1
Adjusted: $29,409
Peoria
Nominal: $29,590
CoL Index: 91.231
Adjusted: $32,434

Cost-of-living adjustment: salary × (100 / CoL index). Index of 100 = national average.

Which City Is Right for You?

Choose Oswego if…

  • You prefer the Illinois area and lifestyle

Choose Peoria if…

  • Higher median salary ($29,590/year)
  • Better top-earner potential ($44,361)
  • Larger job market (230 employed)
  • Better purchasing power (CoL-adjusted: $32,434)
  • You prefer the Illinois area and lifestyle

Historical Salary Growth Comparison

Based on BLS OEWS metropolitan area data, medical billing and coding specialist salaries in Oswego grew -40.3% from 2024 to 2025, compared to -22.0% growth in Peoria over the same period.

Oswego, IL

+-40.3%

$46,756 (2024) → $27,909 (2025)

Peoria, IL

+-22.0%

$37,070 (2021) → $28,919 (2025)

View Full Salary Data

Frequently Asked Questions

Which city pays medical billing and coding specialists more: Oswego or Peoria?

Peoria has a higher median medical billing and coding specialist salary at $29,590/year, compared to Oswego at $28,556/year — a difference of $1,034 (3.62%).

What is the hourly rate difference between Oswego and Peoria?

Oswego medical billing and coding specialists earn $13.73/hr while Peoria hygienists earn $14.22/hr (2026 est.).

Should I relocate from Oswego to Peoria as a medical billing and coding specialist?

Consider more than just salary when comparing Oswego and Peoria. Factor in cost of living (CoL-adjusted: Oswego = $29,409, Peoria = $32,434), job availability (7 vs 230 employed), commute, and career growth potential.

What do entry-level medical billing and coding specialists earn in Oswego vs Peoria?

Entry-level (10th percentile) medical billing and coding specialists earn $22,127 in Oswego and $22,439 in Peoria. The Peoria area offers higher starting salaries.

Related Comparisons

AP

Written by Amina Patel, CPC

Career Analyst

Amina has 10 years of experience in medical billing. She specializes in outpatient coding for multi-specialty practices.

Clinically reviewed by Liam Johnson, RHITData verified by Sofia Nguyen, CCS

Methodology & Data Source

All salary figures are 2026 projections based on BLS OEWS May 2025 data. A 2.32% CAGR (derived from 6-year national BLS trends) was applied to estimate current compensation. Cost-of-living adjustments use BEA Regional Price Parity data. Actual salaries vary by employer, certifications, and experience.

Data Sources & Methodology

Source: BLS, OEWS , released .

Compiled and verified by Amina Patel, CPC, a licensed medical billing and coding specialist with 10+ years of clinical experience. · View source data at BLS.gov