AmericaByNumbers.com

Financial Manager Salary in Kentucky: Cost of Living Adjusted (2024)

What does a Financial Manager 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
$125,490
Median annual (2024)
+11.9%
Real Purchasing Power
$140,369
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 Financial Manager earning $125,490 in Kentucky has the equivalent purchasing power of $140,369 in an average-cost US state.

KY: 89.4
Cheapest (~85) US Avg (100) Priciest (~115)

Salary Breakdown: Nominal vs. COL-Adjusted

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) $72,310 $80,883 +$8,573
25th Percentile (P25) $94,340 $105,525 +$11,185
Median (P50) $125,490 $140,369 +$14,879
75th Percentile (P75) $164,490 $183,993 +$19,503
90th Percentile (P90) $217,780 $243,601 +$25,821
Key Insight

A Financial Manager in Kentucky earns $125,490 on paper, but low living costs mean your money goes 12% further — like earning $140,369 in an average-cost state. This makes Kentucky one of the best value states for this occupation.

Best States for Financial Manager (After Cost of Living)

Where does Financial Manager salary stretch the furthest? Top 10 states ranked by COL-adjusted median salary.

$200,501
RPP 107.6
$183,724
RPP 98.0
$173,483
RPP 108.8
$172,750
RPP 88.0
$170,909
RPP 102.3
6. Georgia
$170,615
RPP 95.8
$170,212
RPP 94.2
$166,787
RPP 102.1
$165,603
RPP 109.4
10. Texas
$164,461
RPP 97.5

Kentucky ranks #32 out of 50 states for Financial Manager after cost-of-living adjustment.

What To Do Next

Some links are affiliate links. See our disclosure.

Frequently Asked Questions

What is the real salary for a Financial Manager in Kentucky after cost of living?

A Financial Manager in Kentucky earns a median salary of $125,490 per year. After adjusting for Kentucky's cost of living (RPP=89.4), the real purchasing power is $140,369 — 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 Financial Manager in Kentucky: $125,490 x (100 / 89.4) = $140,369. This represents what the salary would be worth in a state with average living costs.

Is it better to be a Financial Manager in Kentucky financially?

From a purchasing power perspective, yes. A Financial Manager 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.

Related Salary Pages