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Salary data from BLS Occupational Employment and Wage Statistics

Funeral Home Managers Salary: Missouri vs Rhode Island

Funeral Home Managers earn a median of $61,760 in Missouri and $98,540 in Rhode Island. That is a nominal gap of $36,780 (-37.3%), with Rhode Island paying more before any cost-of-living adjustment.

Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics survey, May 2024 estimates. Cost-of-living adjustment uses BEA Regional Price Parities, most recent release.

$61,760
Missouri median
$68,005 after COL
$98,540
Rhode Island median
$96,343 after COL
-37.3%
Nominal gap
Rhode Island leads
-29.4%
Adjusted gap
Rhode Island leads after COL

The story behind the numbers

On raw wages, Rhode Island pays $36,780 more per year than Missouri for funeral home managers, a gap of +37.3%.

After adjusting for cost of living, Rhode Island still comes out ahead, with roughly $28,338 of extra purchasing power (+29.4% real gap). Local prices do not reverse the nominal advantage.

Full breakdown by location

Detailed wage, employment, and cost-of-living figures for funeral home managers in each location. Click through to the full local salary page for percentiles, outlook, and peer areas.

Funeral Home Managers

Missouri

Median salary
$61,760
Mean salary
$66,270
Employment
580
Location quotient
2.35
Jobs per 1,000
0.2
COL-adjusted median
$68,005
Regional Price Parity
90.8%

Exact state RPP match.

Full Funeral Home Managers page for Missouri →

Funeral Home Managers

Rhode Island

Median salary
$98,540
Mean salary
$99,100
Employment
130
Location quotient
3.04
Jobs per 1,000
0.3
COL-adjusted median
$96,343
Regional Price Parity
102.3%

Exact state RPP match.

Full Funeral Home Managers page for Rhode Island →

Related pages

Keep digging into funeral home managers from a different angle.

Common questions about this comparison

What does the cost-of-living adjustment actually do? +

It divides each location's nominal median wage by its Regional Price Parity (RPP), which measures how local prices compare to the national average (100 = national). A wage of $100,000 in an area with RPP 120 has the same purchasing power as roughly $83,000 nationally.

Why would the nominal and adjusted winners disagree? +

High-cost metros often pay higher salaries, but not by enough to fully offset the higher cost of housing, goods, and services. When that happens, the location with the lower nominal wage actually offers more real purchasing power.

What is a location quotient? +

The location quotient measures how concentrated an occupation is in a given area versus the national average. A value of 2.0 means the occupation is twice as common there as nationally. It is a signal of what a state specializes in.