AmericaByNumbers.com

Funeral Home Managers Salary in Michigan: Cost of Living Adjusted (2024)

What does a Funeral Home Managers salary really buy you in Michigan?

Michigan is 6.6% cheaper than the US average

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

Nominal Salary
$90,330
Median annual (2024)
+7.1%
Real Purchasing Power
$96,713
COL-adjusted (RPP=93.4)

Michigan Cost of Living Index

Michigan's Regional Price Parity (RPP) is 93.4, meaning prices are 6.6% lower the national average. A Funeral Home Managers earning $90,330 in Michigan has the equivalent purchasing power of $96,713 in an average-cost US state.

MI: 93.4
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 Michigan's cost of living.

Percentile Nominal Salary COL-Adjusted Difference
10th Percentile (P10) $58,500 $62,633 +$4,133
25th Percentile (P25) $73,510 $78,704 +$5,194
Median (P50) $90,330 $96,713 +$6,383
75th Percentile (P75) $124,480 $133,276 +$8,796
90th Percentile (P90) $154,570 $165,492 +$10,922
Key Insight

A Funeral Home Managers in Michigan earns $90,330 on paper, but low living costs mean your money goes 7% further — like earning $96,713 in an average-cost state. This makes Michigan one of the best value states for this occupation.

Best States for Funeral Home Managers (After Cost of Living)

Where does Funeral Home Managers salary stretch the furthest? Top 10 states ranked by COL-adjusted median salary.

$118,101
RPP 106.4
$110,204
RPP 88.0
$105,793
RPP 97.7
$97,713
RPP 96.2
$96,713
RPP 93.4
$95,638
RPP 105.0
7. Georgia
$94,645
RPP 95.8
8. Utah
$94,243
RPP 94.5
$94,116
RPP 104.7
10. Virginia
$90,421
RPP 102.1

Michigan ranks #5 out of 45 states for Funeral Home Managers 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 Funeral Home Managers in Michigan after cost of living?

A Funeral Home Managers in Michigan earns a median salary of $90,330 per year. After adjusting for Michigan's cost of living (RPP=93.4), the real purchasing power is $96,713 — a +7.1% difference.

Is Michigan expensive to live in?

Michigan's cost of living is 6.6% lower than the national average according to the BEA Regional Price Parities (2022). The RPP index for Michigan is 93.4 (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 Funeral Home Managers in Michigan: $90,330 x (100 / 93.4) = $96,713. This represents what the salary would be worth in a state with average living costs.

Is it better to be a Funeral Home Managers in Michigan financially?

From a purchasing power perspective, yes. A Funeral Home Managers in Michigan enjoys 7.1% 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