AmericaByNumbers.com

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

What does a Carpenters salary really buy you in Maine?

Maine is near the US average cost of living

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

Nominal Salary
$59,190
Median annual (2024)
-0.8%
Real Purchasing Power
$58,720
COL-adjusted (RPP=100.8)

Maine Cost of Living Index

Maine's Regional Price Parity (RPP) is 100.8, meaning prices are 0.8% higher the national average. A Carpenters earning $59,190 in Maine has the equivalent purchasing power of $58,720 in an average-cost US state.

ME: 100.8
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 Maine's cost of living.

Percentile Nominal Salary COL-Adjusted Difference
10th Percentile (P10) $46,670 $46,299 $-370
25th Percentile (P25) $49,670 $49,275 $-394
Median (P50) $59,190 $58,720 $-469
75th Percentile (P75) $64,110 $63,601 $-508
90th Percentile (P90) $75,220 $74,623 $-596
Key Insight

Maine's cost of living is close to the national average, so $59,190 keeps most of its value at $58,720 in real terms. Location choice here is more about career opportunities than cost arbitrage.

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

Maine ranks #23 out of 50 states for Carpenters 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 Carpenters in Maine after cost of living?

A Carpenters in Maine earns a median salary of $59,190 per year. After adjusting for Maine's cost of living (RPP=100.8), the real purchasing power is $58,720 — a -0.8% difference.

Is Maine expensive to live in?

Maine's cost of living is 0.8% higher than the national average according to the BEA Regional Price Parities (2022). The RPP index for Maine is 100.8 (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 Maine: $59,190 x (100 / 100.8) = $58,720. This represents what the salary would be worth in a state with average living costs.

Related Salary Pages