What does a Funeral Home Managers salary really buy you in Rhode Island?
Rhode Island is 4.7% pricier than the US averageData: BLS OEWS 2024 + BEA Regional Price Parities 2022 • Updated 2026-03-31
Rhode Island's Regional Price Parity (RPP) is 104.7, meaning prices are 4.7% higher the national average. A Funeral Home Managers earning $98,540 in Rhode Island has the equivalent purchasing power of $94,116 in an average-cost US state.
Every dollar goes further in low-cost states. Here is how each salary percentile compares after adjusting for Rhode Island's cost of living.
| Percentile | Nominal Salary | COL-Adjusted | Difference |
|---|---|---|---|
| 10th Percentile (P10) | $52,000 | $49,665 | $-2,334 |
| 25th Percentile (P25) | $64,550 | $61,652 | $-2,897 |
| Median (P50) | $98,540 | $94,116 | $-4,423 |
| 75th Percentile (P75) | $120,500 | $115,090 | $-5,409 |
| 90th Percentile (P90) | $165,900 | $158,452 | $-7,447 |
While $98,540 sounds high, Rhode Island's elevated cost of living erases 4% of that salary's purchasing power. Your real buying power is $94,116. Consider whether the higher pay offsets the higher costs.
Where does Funeral Home Managers salary stretch the furthest? Top 10 states ranked by COL-adjusted median salary.
Rhode Island ranks #9 out of 45 states for Funeral Home Managers after cost-of-living adjustment.
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A Funeral Home Managers in Rhode Island earns a median salary of $98,540 per year. After adjusting for Rhode Island's cost of living (RPP=104.7), the real purchasing power is $94,116 — a -4.5% difference.
Rhode Island's cost of living is 4.7% higher than the national average according to the BEA Regional Price Parities (2022). The RPP index for Rhode Island is 104.7 (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 Rhode Island: $98,540 x (100 / 104.7) = $94,116. This represents what the salary would be worth in a state with average living costs.
Partially — a Funeral Home Managers's nominal salary of $98,540 in Rhode Island has 4.5% less purchasing power due to higher living costs. The real value is $94,116. However, Rhode Island may offer better career opportunities, networking, and industry access.