What does a Carpenters salary really buy you in Wyoming?
Wyoming is 8.1% cheaper than the US averageData: BLS OEWS 2024 + BEA Regional Price Parities 2022 • Updated 2026-03-31
Wyoming's Regional Price Parity (RPP) is 91.9, meaning prices are 8.1% lower the national average. A Carpenters earning $55,870 in Wyoming has the equivalent purchasing power of $60,794 in an average-cost US state.
Every dollar goes further in low-cost states. Here is how each salary percentile compares after adjusting for Wyoming's cost of living.
| Percentile | Nominal Salary | COL-Adjusted | Difference |
|---|---|---|---|
| 10th Percentile (P10) | $44,050 | $47,932 | +$3,882 |
| 25th Percentile (P25) | $48,560 | $52,840 | +$4,280 |
| Median (P50) | $55,870 | $60,794 | +$4,924 |
| 75th Percentile (P75) | $64,980 | $70,707 | +$5,727 |
| 90th Percentile (P90) | $79,740 | $86,768 | +$7,028 |
A Carpenters in Wyoming earns $55,870 on paper, but low living costs mean your money goes 9% further — like earning $60,794 in an average-cost state. This makes Wyoming 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.
Wyoming ranks #20 out of 50 states for Carpenters after cost-of-living adjustment.
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A Carpenters in Wyoming earns a median salary of $55,870 per year. After adjusting for Wyoming's cost of living (RPP=91.9), the real purchasing power is $60,794 — a +8.8% difference.
Wyoming's cost of living is 8.1% lower than the national average according to the BEA Regional Price Parities (2022). The RPP index for Wyoming is 91.9 (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 Wyoming: $55,870 x (100 / 91.9) = $60,794. This represents what the salary would be worth in a state with average living costs.
From a purchasing power perspective, yes. A Carpenters in Wyoming enjoys 8.8% 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.