Medical Billing and Coding Specialist Salary in Springfield, IL: $33,115 (2026)
Quick Answer:A full-time medical billing and coding specialist in Springfield, IL earns a median $33,115/year (β $15.92/hour) in nominal terms for 2026 β projected from BLS OEWS 2025 (SOC 29-2072). Once you factor in Springfield's price level (7% below national, BEA RPP 92.7), that paycheck buys what $35,705 would nationally. Nominal pay sits 11.7% above the Illinois state average.
Official BLS data Β· View source

In 2026, those working as medical billing and coding specialists in Springfield, Illinois, can expect a median annual salary of $33,115, reflecting a competitive advantage of 9.11% over the national median of $30,349. Salary ranges considerably vary, offering a spectrum from $23,572 at the 10th percentile to $46,207 at the 90th percentile. This data is derived from the Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics surveys. Given the specialization in inpatient CCS coding, outpatient CPC coding, and HCC/risk adjustment coding, itβs clear that income potential rises with credentials and areas of expertise, particularly in a market that is seeing an increasing demand for proficiency in these high-value coding areas.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $23,572 | $11.34 |
| Lower Range (P25) | $28,753 | $13.82 |
| Median (P50)(typical) | $33,115 | $15.92 |
| Upper Range (P75) | $36,830 | $17.71 |
| Top Earners (P90) | $46,207 | $22.21 |
Median Salary Position
9.11% above the national average
2026 Salary Percentile Distribution in Springfield
In Springfield, IL, the medical billing and coding specialist salary spread from the 10th to 90th percentile is $22,635 (2026 est.). At $33,115, the local median is 9.11% above the national median of $30,349.
Salary Calculator
At 40 hours/week in Springfield: You'd be in the lower-middle range
How Springfield Medical Billing and Coding Specialist Pay Compares
Springfield median: $33,115/year (2026)
| Compared To | Median Salary | Springfield Pays |
|---|---|---|
| Illinois Average | $29,646 | +11.70% more |
| National Average | $30,349 | +9.11% more |
Medical Billing and Coding Specialists in Springfield, IL earn a median of $33,115 per year (2026 est.), which is 9.11% higher than the national median of $30,349 and 11.70% above the Illinois state average of $29,646.
Cost-of-Living Adjusted Salary
Springfield has a cost of living 7.25% below the national average, meaning your salary goes further here.
Adjusted salary = nominal Γ (100 / CoL index). CoL index: 100 = national average.
Springfield, IL has a cost-of-living index of 92.745 (below the national average of 100). A medical billing and coding specialist earning $33,115 nominally has purchasing power equivalent to $35,705 in an average-cost city β an effective 7.82% boost.
Compare Purchasing Power
Select a city to see how your salary compares after cost of living
Select a city above to compare purchasing power
2021 BLS Actual
$46,660
2025 BLS Actual
$32,364
2026 Current Est.
$33,115
2021β2027 Growth
+-27.4%
Salary Trajectory for Medical Billing and Coding Specialists in Springfield (2021β2027)
2021β2025: actual BLS OEWS data for this metro area. 2026+: CAGR 2.32% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2021 | $46,660 | Actual |
| 2022 | $47,730 | Actual |
| 2023 | $50,320 | Actual |
| 2024 | $49,360 | Actual |
| 2025 | $32,364 | Actual |
| 2026(current) | $33,115 | Estimated |
| 2027 | $33,883 | Projected |
Based on 5 years of BLS OEWS data for the Springfield metropolitan area, the median medical billing and coding specialist salary grew -30.6% from $46,660 (2021) to $32,364 (2025). At a 2.32% compound annual growth rate, salaries are projected to reach $33,883 by 2027 β a total increase of $-12,777 (-27.38%) from 2021.
Note: Historical values (2021β2025) are actual BLS OEWS figures for the Springfield metropolitan area, sourced from annual Occupational Employment and Wage Statistics surveys. 2026β2026 figures are current estimates, and 2027 values are projections, calculated using a 2.32% CAGR derived from 5-year BLS historical data. Actual salaries may vary based on employer, experience, certifications, and local market conditions.
Salary by Experience Level
| Experience | Estimated Salary Range |
|---|---|
| 0-2 years (New Graduate) | $23,572 β $28,753 |
| 3-5 years (Mid Career) | $28,753 β $33,115 |
| 5+ years (Experienced) | $33,115 β $36,830 |
| 10+ years (Top Earner) | $36,830 β $46,207 |
MBS salary ranges estimated from BLS percentile data. Individual medical billing and coding specialist compensation varies by employer, certifications, and specialization.
Medical Billing and Coding Specialist Job Market in Springfield
The local job market in Springfield supports around 120 medical billing and coding specialists, indicating a healthy demand for these positions. With a cost of living index of 92.745, it is evident that a medical billing and coding specialist's pay in Springfield, IL, aligns well with living expenses, thus improving overall purchasing power. Employers who tend to compensate the most are typically involved in physician group practices, hospital inpatient coding departments, ambulatory surgery centers, and payer coding audit teams. Factors such as specialty coding (inpatient over outpatient), extensive credentialing (like CPC with CCS or CRC), and productivity-linked bonuses contribute to the disparity in pay across the field. To maximize earnings, aspiring specialists should focus on gaining multiple certifications and consider exploring remote positions that offer flexible options while often paying at the higher end of the salary spectrum.
More salary data for Springfield, IL:
Frequently Asked Questions
How much do medical billing and coding specialists make in Springfield, IL in 2026?
Is Springfield, IL a good place to work as a medical billing and coding specialist?
Can medical billing and coding specialists make $100K in Springfield?
What is the cost-of-living adjusted medical billing and coding specialist salary in Springfield?
How much does a medical billing and coding specialist make per hour in Springfield?
Related Pages
Compare Salaries
Career Resources
Nearby Cities in Illinois
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.
Methodology & Data Source
Salary figures on this page are 2026 projections based on the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. The BLS reported a median annual salary of $32,364 for medical billing and coding specialistsin the Springfield metropolitan area. A 2.32% compound annual growth rate (CAGR), calculated from 6-year national BLS wage trends, was applied to project current 2026 compensation. Percentile ranges (P10βP90) represent the full salary distribution across experience levels and practice settings in this market.
Data Sources & Methodology
Source: BLS, OEWS, 5-year dataset (β). Per-city data from annual BLS metropolitan area surveys.
2026 figures are projected from 2025 BLS data using a compound annual growth rate (CAGR) of 2.32%, derived from historical BLS wage trends for medical billing and coding specialists (SOC 29-2072).
Compiled and verified by Amina Patel, CPC, a licensed medical billing and coding specialist with 10+ years of clinical experience. Β· View source data at BLS.gov