What does a Credit Counselors salary really buy you in Kentucky?
Kentucky is 10.6% cheaper than the US averageData: BLS OEWS 2024 + BEA Regional Price Parities 2022 • Updated 2026-03-31
Kentucky's Regional Price Parity (RPP) is 89.4, meaning prices are 10.6% lower the national average. A Credit Counselors earning $47,680 in Kentucky has the equivalent purchasing power of $53,333 in an average-cost US state.
Every dollar goes further in low-cost states. Here is how each salary percentile compares after adjusting for Kentucky's cost of living.
| Percentile | Nominal Salary | COL-Adjusted | Difference |
|---|---|---|---|
| 10th Percentile (P10) | $34,740 | $38,859 | +$4,119 |
| 25th Percentile (P25) | $39,450 | $44,127 | +$4,677 |
| Median (P50) | $47,680 | $53,333 | +$5,653 |
| 75th Percentile (P75) | $58,830 | $65,805 | +$6,975 |
| 90th Percentile (P90) | $70,020 | $78,322 | +$8,302 |
A Credit Counselors in Kentucky earns $47,680 on paper, but low living costs mean your money goes 12% further — like earning $53,333 in an average-cost state. This makes Kentucky one of the best value states for this occupation.
Where does Credit Counselors salary stretch the furthest? Top 10 states ranked by COL-adjusted median salary.
Kentucky ranks #22 out of 45 states for Credit Counselors after cost-of-living adjustment.
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A Credit Counselors in Kentucky earns a median salary of $47,680 per year. After adjusting for Kentucky's cost of living (RPP=89.4), the real purchasing power is $53,333 — a +11.9% difference.
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).
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.
The adjusted salary is calculated as: Nominal Salary x (100 / RPP). For a Credit Counselors in Kentucky: $47,680 x (100 / 89.4) = $53,333. This represents what the salary would be worth in a state with average living costs.
From a purchasing power perspective, yes. A Credit Counselors 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.