Entry-Level Anesthesiologist Salary in Peoria, IL: $230,983 (2026)
Quick Answer:New anesthesiologists entering the Peoria, IL job market in 2026 can expect a starting salary around $230,983 (BLS 10th-percentile benchmark for SOC 29-1211, projected from 2025 OEWS data). Stripping out Peoria's local price level (BEA RPP 97.1 — 3% below national), a first-year paycheck buys what $237,882 would in average-cost America. Most reach the city median ($398,246) within a few years of clinical practice.
Based on BLS state-level estimates · View source
For new graduates venturing into the field of anesthesiology in Peoria, Illinois, the projected entry level anesthesiologist salary stands at $230,983 in 2026. While this starting point may feel modest compared to the city’s median annual salary of $398,246, it offers a solid foundation for career growth in the coming years. As entry-level professionals gain experience, they can realistically expect to progress to the 25th percentile salary of $286,738 within the first three to five years. Given the city's cost of living index at 97.1, lower than the national average, Peoria presents an appealing market for new grads, providing a decent quality of life while they embark on their anesthesiology careers.
About the Peoria Market
Salary estimated from Illinois average ($390,000) adjusted for local cost of living.
Career Earnings Timeline in Peoria
New Graduate
Early Career
Mid Career
Experienced
Salary progression estimated from BLS percentile data. Actual progression varies by employer, certifications, and specialization.
2026 Salary Percentile Distribution in Peoria
Entry-level anesthesiologists in Peoria, IL typically start between $230,983 and $286,738 per year (2026 est.). The full salary range spans $365,717 from the 10th to 90th percentile, with the local median at $398,246 — 2.65% below the national median.
Return on Investment
The average anesthesiology program cost in Illinois of $340,000 represents just 147.20% of the starting anesthesiologist pay ($230,983/year) in Peoria. Most graduates begin earning back their investment from day one, though actual ROI varies based on living expenses, loan interest, and the 2-year opportunity cost of schooling.
Program cost estimates based on AAMC tuition reports for LCME-accredited MD programs and COCA-accredited DO programs, plus ACGME-accredited anesthesiology residency data. Totals include 4 years of medical school tuition, fees, and living expenses; residency is salaried but adds opportunity cost. Actual debt varies widely by public vs. private institution and state residency status.
ANES Salary Negotiation Tips for New Graduates in Peoria
- 1Research the Peoria market: entry-level anesthesiologist pay ranges from $230,983 to $286,738, so aim for at least the 25th percentile if you have strong credentials.
- 2Highlight any additional certifications or specialty training within the anesthesiology field — employers in IL often pay a premium for expanded scope of work.
- 3Evaluate the full compensation package — in Peoria, benefits like health insurance, continuing-education allowances, and schedule flexibility can add 20-30% to your effective compensation.
- 4Consider starting with a larger hospital system or multi-site employer in Peoria for competitive entry-level pay and structured mentorship, then move to a smaller employer once you have 2-3 years of experience.
- 5Peoria's moderate cost of living means your starting salary goes further here compared to many larger metro areas.
Anesthesiologist Compensation Range
The anesthesiologist wage spread in Peoria is $365,717 ( 158.33%) between entry-level and top earners. Starting at $230,983, experienced hygienists can earn up to $596,700.
Represents the current salary spread across experience levels, not projected career growth rate.
2019 BLS Actual
$270,315
2025 BLS Actual
$221,036
2026 Current Est.
$230,983
2019–2027 Growth
+-10.7%
Salary Trajectory for Anesthesiologists in Peoria (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 4.50% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $270,315 | Actual |
| 2020 | $296,675 | Actual |
| 2021 | $256,176 | Actual |
| 2022 | $163,086 | Actual |
| 2023 | $185,046 | Actual |
| 2024 | $220,195 | Actual |
| 2025 | $221,036 | Actual |
| 2026(current) | $230,983 | Estimated |
| 2027 | $241,377 | Projected |
Entry-level anesthesiologist compensation (10th percentile) in Peoria, IL grew -18.2% over 7 years based on actual BLS metropolitan area surveys, rising from $270,315 in 2019 to $221,036 in 2025. By 2027, starting salaries are projected to reach $241,377. New graduates entering the Peoria job market can expect continued year-over-year gains.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Peoria metropolitan area, sourced from annual Occupational Employment and Wage Statistics surveys. 2026–2026 figures are current estimates, and 2027 values are projections, calculated using a 4.50% CAGR derived from 7-year BLS historical data. Actual salaries may vary based on employer, experience, certifications, and local market conditions.
Starting Your anesthesiology Career in Peoria
In Peoria, numerous employers actively seek to hire new graduates, offering a range of opportunities that cater to different professional aspirations. Academic medical centers in the area typically provide a diverse case mix, including cardiac, transplant, and pediatric anesthesiology, which can be highly beneficial for those early in their careers. Large group practices might also recruit directly from residency programs, often offering paths towards partnership within a few years. For graduates prioritizing work-life balance, outpatient surgery centers, which typically do not require on-call hours, present a viable option. Aspiring anesthesiologists should focus on obtaining their MD or DO degrees, completing a four-year residency, and aiming for ABA board certification alongside DEA registrations. In this evolving market, understanding the stark compensation variations between W-2 employment at hospital-owned practices versus opportunities within private equity-backed or physician-owned groups will be vital for shaping effective career strategies in the first few years, with realistic expectations for salary increases based on acquired skills and experience.
More salary data for Peoria, IL:
Frequently Asked Questions
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Written by Dr. Maria Chen, MD
Career Analyst
Dr. Chen has over 10 years of experience in anesthesiology. She specializes in perioperative care at a major metropolitan hospital.
Methodology & Data Source
Entry-level 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 10th percentile (entry-level) is used as the starting salary benchmark for new anesthesiology graduates. A 4.50% compound annual growth rate (CAGR), derived from 6-year national BLS wage trends, was applied to project current 2026 entry-level compensation in Peoria. Program costs are averages and actual tuition varies by institution. ROI calculations are simplified estimates.
Data Sources & Methodology
Salary data for Peoria is estimated from official BLS state-level occupational wage data (2025), adjusted for regional cost-of-living differences using BEA RPP (Regional Price Parities).
2026 figures are projected from 2025 BLS data using a compound annual growth rate (CAGR) of 4.50%, derived from historical BLS wage trends for anesthesiologists (SOC 29-1211).
Compiled and verified by Dr. Maria Chen, MD, a licensed anesthesiologist with 10+ years of clinical experience. · View source data at BLS.gov