What does a Funeral Home Managers salary really buy you in Indiana?
Indiana is 8.2% cheaper than the US averageData: BLS OEWS 2024 + BEA Regional Price Parities 2022 • Updated 2026-03-31
Indiana's Regional Price Parity (RPP) is 91.8, meaning prices are 8.2% lower the national average. A Funeral Home Managers earning $70,210 in Indiana has the equivalent purchasing power of $76,481 in an average-cost US state.
Every dollar goes further in low-cost states. Here is how each salary percentile compares after adjusting for Indiana's cost of living.
| Percentile | Nominal Salary | COL-Adjusted | Difference |
|---|---|---|---|
| 10th Percentile (P10) | $44,060 | $47,995 | +$3,935 |
| 25th Percentile (P25) | $59,760 | $65,098 | +$5,338 |
| Median (P50) | $70,210 | $76,481 | +$6,271 |
| 75th Percentile (P75) | $94,090 | $102,494 | +$8,404 |
| 90th Percentile (P90) | $129,030 | $140,555 | +$11,525 |
A Funeral Home Managers in Indiana earns $70,210 on paper, but low living costs mean your money goes 9% further — like earning $76,481 in an average-cost state. This makes Indiana one of the best value states for this occupation.
Where does Funeral Home Managers salary stretch the furthest? Top 10 states ranked by COL-adjusted median salary.
Indiana ranks #25 out of 45 states for Funeral Home Managers after cost-of-living adjustment.
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A Funeral Home Managers in Indiana earns a median salary of $70,210 per year. After adjusting for Indiana's cost of living (RPP=91.8), the real purchasing power is $76,481 — a +8.9% difference.
Indiana's cost of living is 8.2% lower than the national average according to the BEA Regional Price Parities (2022). The RPP index for Indiana is 91.8 (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 Funeral Home Managers in Indiana: $70,210 x (100 / 91.8) = $76,481. This represents what the salary would be worth in a state with average living costs.
From a purchasing power perspective, yes. A Funeral Home Managers in Indiana enjoys 8.9% 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.