Compensation and Benefits Managers Salary in Kentucky: Cost of Living Adjusted (2024)

What does a Compensation and Benefits Managers salary really buy you in Kentucky?

Kentucky is 10.6% cheaper than the US average

Data: BLS OEWS 2024 + BEA Regional Price Parities 2022 • Updated 2026-03-31

Nominal Salary

$108,100

Median annual (2024)

→ +11.9%

Real Purchasing Power

$120,917

COL-adjusted (RPP=89.4)

Kentucky Cost of Living Index

Kentucky's Regional Price Parity (RPP) is 89.4, meaning prices are 10.6% lower the national average. A Compensation and Benefits Managers earning $108,100 in Kentucky has the equivalent purchasing power of $120,917 in an average-cost US state.

KY: 89.4

Cheapest (~85) US Avg (100) Priciest (~115)

Key Insight

A Compensation and Benefits Managers in Kentucky earns $108,100 on paper, but low living costs mean your money goes 12% further — like earning $120,917 in an average-cost state. This makes Kentucky one of the best value states for this occupation.

Best States for Compensation and Benefits Managers (After Cost of Living)

Where does Compensation and Benefits Managers salary stretch the furthest? Top 10 states ranked by COL-adjusted median salary.

1. Washington

$187,905

RPP 109.8

2. Rhode Island

$174,918

RPP 104.7

3. New Jersey

$167,886

RPP 108.8

4. Virginia

$167,776

RPP 102.1

5. Massachusetts

$166,279

RPP 109.4

6. New York

$163,931

RPP 107.6

7. Colorado

$155,982

RPP 102.3

8. Wisconsin

$154,236

RPP 92.3

9. Michigan

$149,539

RPP 93.4

10. Georgia

$147,390

RPP 95.8

Kentucky ranks #27 out of 42 states for Compensation and Benefits Managers after cost-of-living adjustment.

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Frequently Asked Questions

What is the real salary for a Compensation and Benefits Managers in Kentucky after cost of living?

A Compensation and Benefits Managers in Kentucky earns a median salary of $108,100 per year. After adjusting for Kentucky's cost of living (RPP=89.4), the real purchasing power is $120,917 — a +11.9% difference.

Is Kentucky expensive to live in?

Kentucky's cost of living is 10.6% lower than the national average according to the BEA Regional Price Parities (2022). The RPP index for Kentucky is 89.4 (US average = 100).

What are Regional Price Parities (RPP)?

Regional Price Parities (RPPs) are price indexes published by the U.S. Bureau of Economic Analysis (BEA) that measure differences in price levels across states. They are expressed as a percentage of the national average (US = 100). Higher RPP means higher cost of living.

How is the cost-of-living adjusted salary calculated?

The adjusted salary is calculated as: Nominal Salary x (100 / RPP). For a Compensation and Benefits Managers in Kentucky: $108,100 x (100 / 89.4) = $120,917. This represents what the salary would be worth in a state with average living costs.

Is it better to be a Compensation and Benefits Managers in Kentucky financially?

From a purchasing power perspective, yes. A Compensation and Benefits Managers in Kentucky enjoys 11.9% more buying power than the nominal salary suggests, because living costs are below the national average. However, other factors like job availability, career growth, and quality of life also matter.