Business & Finance Indiana (IN) Rank #35 of 50

Management Consultant Salary in Indiana

The median management consultant salary in Indiana is $89,469 per year, which is 10% below the national median of $99,410.

Median Salary
$89,469
vs National
$-9,941
State Rank
#35 of 50
Cost of Living
90%

Management Consultant Salary Overview in Indiana (2026)

Indiana ranks #35 out of 50 states for management consultant compensation. Management Consultant salaries in Indiana are below the national median, though the lower cost of living can offset the difference. At $89,469 per year, management consultants in Indiana earn $9,941 less than the national median of $99,410.

A key advantage of working in Indiana is its below-average cost of living (90% of the national index). This means the $89,469 salary has the purchasing power of roughly $99,410 in an average-cost area.

The salary spread in Indiana is significant: management consultants at the 10th percentile earn $49,680, while those at the 90th percentile bring home $161,640 — a $111,960 gap that reflects differences in experience, specialization, employer type, and metro area. The highest-paying city in Indiana for this role is Carmel, where the median reaches $104,381.

Nationally, management consultant employment is projected to grow 10% over the next decade (faster than average). This steady growth indicates stable demand for management consultants across the country.

Management Consultant Salary in Indiana by Experience

In Indiana, an entry-level management consultant earns around $54,000, while experienced professionals earn up to $148,500 per year. The cost of living index in Indiana is 90% of the national average.

Entry Level (0-2 yrs)
$54,000
$-6,000 vs national
Mid Level (3-7 yrs)
$90,000
$-10,000 vs national
Senior Level (8+ yrs)
$148,500
$-16,500 vs national

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Salary Percentiles in Indiana

Percentile IN Salary
10th Percentile $49,680
25th Percentile $65,520
Median (50th) $89,469
75th Percentile $123,300
90th Percentile $161,640

Management Consultant Salary by City in Indiana

The largest employment areas for management consultants in Indiana include Indianapolis, Fort Wayne, Evansville, and South Bend. Salaries vary by city based on local cost of living and demand.

How to Become a Management Consultant in Indiana

Education

Most management consultant positions require a bachelor's degree. Indiana has several accredited institutions offering relevant programs.

Key Skills

Strategic PlanningData AnalysisPresentationChange ManagementProcess ImprovementClient Management

Job Outlook in Indiana

Nationally, management consultant employment is projected to grow 10% over the next decade (faster than average). Indiana's demand may vary based on local industry trends.

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Frequently Asked Questions: Management Consultant Salary in Indiana

How much does a Management Consultant make in Indiana? ▼
The median management consultant salary in Indiana is $89,469 per year, which is 10% below the national median of $99,410. Salaries range from $49,680 (10th percentile) to $161,640 (90th percentile).
How much does a Management Consultant make per hour in Indiana? ▼
Based on the median annual salary of $89,469, a management consultant in Indiana earns approximately $43 per hour assuming a standard 2,080-hour work year.
Is Indiana a good state for management consultants? ▼
Indiana ranks #35 out of 50 states for management consultant pay. The cost of living index is 90% of the national average. Entry-level management consultants earn $54,000, while senior professionals earn $148,500.
How does Indiana compare to other states for management consultant salary? ▼
The highest paying state for management consultants is Hawaii at $168,997. Indiana's median of $89,469 ranks #35 nationally. Nearby-ranked states include Wyoming ($91,457) and Louisiana ($90,463).
What is the entry-level management consultant salary in Indiana? ▼
An entry-level management consultant in Indiana earns approximately $54,000 per year. With 3-7 years of experience, pay increases to around $90,000. Senior-level professionals with 8+ years earn up to $148,500.
What city in Indiana pays management consultants the most? ▼
Carmel is the highest paying city in Indiana for management consultants, with a median salary of $104,381. Other cities include Indianapolis and Fort Wayne.