What does a Carpenters salary really buy you in Mississippi?
Mississippi is 12.7% cheaper than the US averageData: BLS OEWS 2024 + BEA Regional Price Parities 2022 • Updated 2026-03-31
Mississippi's Regional Price Parity (RPP) is 87.3, meaning prices are 12.7% lower the national average. A Carpenters earning $46,160 in Mississippi has the equivalent purchasing power of $52,875 in an average-cost US state.
Every dollar goes further in low-cost states. Here is how each salary percentile compares after adjusting for Mississippi's cost of living.
| Percentile | Nominal Salary | COL-Adjusted | Difference |
|---|---|---|---|
| 10th Percentile (P10) | $32,060 | $36,723 | +$4,663 |
| 25th Percentile (P25) | $37,680 | $43,161 | +$5,481 |
| Median (P50) | $46,160 | $52,875 | +$6,715 |
| 75th Percentile (P75) | $56,440 | $64,650 | +$8,210 |
| 90th Percentile (P90) | $66,820 | $76,540 | +$9,720 |
A Carpenters in Mississippi earns $46,160 on paper, but low living costs mean your money goes 15% further — like earning $52,875 in an average-cost state. This makes Mississippi one of the best value states for this occupation.
Where does Carpenters salary stretch the furthest? Top 10 states ranked by COL-adjusted median salary.
Mississippi ranks #42 out of 50 states for Carpenters after cost-of-living adjustment.
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A Carpenters in Mississippi earns a median salary of $46,160 per year. After adjusting for Mississippi's cost of living (RPP=87.3), the real purchasing power is $52,875 — a +14.5% difference.
Mississippi's cost of living is 12.7% lower than the national average according to the BEA Regional Price Parities (2022). The RPP index for Mississippi is 87.3 (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 Carpenters in Mississippi: $46,160 x (100 / 87.3) = $52,875. This represents what the salary would be worth in a state with average living costs.
From a purchasing power perspective, yes. A Carpenters in Mississippi enjoys 14.5% 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.