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Family Medicine Physicians Salary in Arkansas: Cost of Living Adjusted (2024)

What does a Family Medicine Physicians 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
$62,360
Median annual (2024)
+15.5%
Real Purchasing Power
$72,009
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 Family Medicine Physicians earning $62,360 in Arkansas has the equivalent purchasing power of $72,009 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) $62,360 $72,009 +$9,649
25th Percentile (P25) $62,360 $72,009 +$9,649
Median (P50) $62,360 $72,009 +$9,649
75th Percentile (P75) $139,200 $160,739 +$21,539
90th Percentile (P90) $220,370 $254,468 +$34,098
Key Insight

A Family Medicine Physicians in Arkansas earns $62,360 on paper, but low living costs mean your money goes 15% further — like earning $72,009 in an average-cost state. This makes Arkansas one of the best value states for this occupation.

Best States for Family Medicine Physicians (After Cost of Living)

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

$265,269
RPP 87.3
2. Kansas
$263,555
RPP 90.0
$253,151
RPP 93.6
$249,509
RPP 91.8
$247,113
RPP 88.0
$246,869
RPP 88.8
$241,305
RPP 94.2
8. Ohio
$241,092
RPP 91.5
$240,775
RPP 98.0
10. Missouri
$238,188
RPP 91.1

Arkansas ranks #24 out of 24 states for Family Medicine Physicians after cost-of-living adjustment.

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Frequently Asked Questions

What is the real salary for a Family Medicine Physicians in Arkansas after cost of living?

A Family Medicine Physicians in Arkansas earns a median salary of $62,360 per year. After adjusting for Arkansas's cost of living (RPP=86.6), the real purchasing power is $72,009 — 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 Family Medicine Physicians in Arkansas: $62,360 x (100 / 86.6) = $72,009. This represents what the salary would be worth in a state with average living costs.

Is it better to be a Family Medicine Physicians in Arkansas financially?

From a purchasing power perspective, yes. A Family Medicine Physicians 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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