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Financial Risk Specialists Salary in Arkansas: Cost of Living Adjusted (2024)

What does a Financial Risk Specialists 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
$77,540
Median annual (2024)
+15.5%
Real Purchasing Power
$89,538
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 Financial Risk Specialists earning $77,540 in Arkansas has the equivalent purchasing power of $89,538 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) $47,300 $54,618 +$7,318
25th Percentile (P25) $55,260 $63,810 +$8,550
Median (P50) $77,540 $89,538 +$11,998
75th Percentile (P75) $108,990 $125,854 +$16,864
90th Percentile (P90) $136,420 $157,528 +$21,108
Key Insight

A Financial Risk Specialists in Arkansas earns $77,540 on paper, but low living costs mean your money goes 15% further — like earning $89,538 in an average-cost state. This makes Arkansas one of the best value states for this occupation.

Best States for Financial Risk Specialists (After Cost of Living)

Where does Financial Risk Specialists salary stretch the furthest? Top 10 states ranked by COL-adjusted median salary.

$132,714
RPP 98.0
$128,559
RPP 107.6
3. Wyoming
$125,930
RPP 91.9
4. Alaska
$123,578
RPP 102.0
$113,715
RPP 94.2
$113,051
RPP 108.8
7. Georgia
$112,453
RPP 95.8
8. Iowa
$111,889
RPP 88.4
9. Maine
$111,180
RPP 100.8
10. Virginia
$110,930
RPP 102.1

Arkansas ranks #37 out of 48 states for Financial Risk Specialists after cost-of-living adjustment.

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Frequently Asked Questions

What is the real salary for a Financial Risk Specialists in Arkansas after cost of living?

A Financial Risk Specialists in Arkansas earns a median salary of $77,540 per year. After adjusting for Arkansas's cost of living (RPP=86.6), the real purchasing power is $89,538 — 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 Financial Risk Specialists in Arkansas: $77,540 x (100 / 86.6) = $89,538. This represents what the salary would be worth in a state with average living costs.

Is it better to be a Financial Risk Specialists in Arkansas financially?

From a purchasing power perspective, yes. A Financial Risk Specialists 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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