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Carpenters Salary in Arkansas: Cost of Living Adjusted (2024)

What does a Carpenters salary really buy you in Arkansas?

Arkansas is 13.4% cheaper than the US average

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

Nominal Salary
$46,320
Median annual (2024)
+15.5%
Real Purchasing Power
$53,487
COL-adjusted (RPP=86.6)

Arkansas Cost of Living Index

Arkansas's Regional Price Parity (RPP) is 86.6, meaning prices are 13.4% lower the national average. A Carpenters earning $46,320 in Arkansas has the equivalent purchasing power of $53,487 in an average-cost US state.

AR: 86.6
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 Arkansas's cost of living.

Percentile Nominal Salary COL-Adjusted Difference
10th Percentile (P10) $34,680 $40,046 +$5,366
25th Percentile (P25) $38,590 $44,561 +$5,971
Median (P50) $46,320 $53,487 +$7,167
75th Percentile (P75) $55,840 $64,480 +$8,640
90th Percentile (P90) $69,550 $80,311 +$10,761
Key Insight

A Carpenters in Arkansas earns $46,320 on paper, but low living costs mean your money goes 15% further — like earning $53,487 in an average-cost state. This makes Arkansas one of the best value states for this occupation.

Best States for Carpenters (After Cost of Living)

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

1. Hawaii
$77,590
RPP 110.8
$75,429
RPP 101.3
$67,124
RPP 91.1
$66,721
RPP 109.8
$66,506
RPP 112.5
$66,171
RPP 97.7
7. Indiana
$65,915
RPP 91.8
$65,828
RPP 88.7
$65,749
RPP 93.4
10. Wisconsin
$65,427
RPP 92.3

Arkansas ranks #40 out of 50 states for Carpenters after cost-of-living adjustment.

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Frequently Asked Questions

What is the real salary for a Carpenters in Arkansas after cost of living?

A Carpenters in Arkansas earns a median salary of $46,320 per year. After adjusting for Arkansas's cost of living (RPP=86.6), the real purchasing power is $53,487 — a +15.5% difference.

Is Arkansas expensive to live in?

Arkansas's cost of living is 13.4% lower than the national average according to the BEA Regional Price Parities (2022). The RPP index for Arkansas is 86.6 (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 Carpenters in Arkansas: $46,320 x (100 / 86.6) = $53,487. This represents what the salary would be worth in a state with average living costs.

Is it better to be a Carpenters in Arkansas financially?

From a purchasing power perspective, yes. A Carpenters in Arkansas enjoys 15.5% 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.

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