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

What does a Carpenters salary really buy you in Wisconsin?

Wisconsin is 7.7% cheaper than the US average

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

Nominal Salary
$60,390
Median annual (2024)
+8.3%
Real Purchasing Power
$65,427
COL-adjusted (RPP=92.3)

Wisconsin Cost of Living Index

Wisconsin's Regional Price Parity (RPP) is 92.3, meaning prices are 7.7% lower the national average. A Carpenters earning $60,390 in Wisconsin has the equivalent purchasing power of $65,427 in an average-cost US state.

WI: 92.3
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 Wisconsin's cost of living.

Percentile Nominal Salary COL-Adjusted Difference
10th Percentile (P10) $44,480 $48,190 +$3,710
25th Percentile (P25) $49,230 $53,336 +$4,106
Median (P50) $60,390 $65,427 +$5,037
75th Percentile (P75) $80,170 $86,858 +$6,688
90th Percentile (P90) $88,040 $95,384 +$7,344
Key Insight

A Carpenters in Wisconsin earns $60,390 on paper, but low living costs mean your money goes 8% further — like earning $65,427 in an average-cost state. This makes Wisconsin 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

Wisconsin ranks #10 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 Wisconsin after cost of living?

A Carpenters in Wisconsin earns a median salary of $60,390 per year. After adjusting for Wisconsin's cost of living (RPP=92.3), the real purchasing power is $65,427 — a +8.3% difference.

Is Wisconsin expensive to live in?

Wisconsin's cost of living is 7.7% lower than the national average according to the BEA Regional Price Parities (2022). The RPP index for Wisconsin is 92.3 (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 Wisconsin: $60,390 x (100 / 92.3) = $65,427. This represents what the salary would be worth in a state with average living costs.

Is it better to be a Carpenters in Wisconsin financially?

From a purchasing power perspective, yes. A Carpenters in Wisconsin enjoys 8.3% 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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