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Laborers and Freight, Stock, and Material Movers, Hand Salary in Rhode Island: Cost of Living Adjusted (2024)

What does a Laborers and Freight, Stock, and Material Movers, Hand salary really buy you in Rhode Island?

Rhode Island is 4.7% pricier than the US average

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

Nominal Salary
$39,820
Median annual (2024)
-4.5%
Real Purchasing Power
$38,032
COL-adjusted (RPP=104.7)

Rhode Island Cost of Living Index

Rhode Island's Regional Price Parity (RPP) is 104.7, meaning prices are 4.7% higher the national average. A Laborers and Freight, Stock, and Material Movers, Hand earning $39,820 in Rhode Island has the equivalent purchasing power of $38,032 in an average-cost US state.

RI: 104.7
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 Rhode Island's cost of living.

Percentile Nominal Salary COL-Adjusted Difference
10th Percentile (P10) $31,290 $29,885 $-1,404
25th Percentile (P25) $36,010 $34,393 $-1,616
Median (P50) $39,820 $38,032 $-1,787
75th Percentile (P75) $47,190 $45,071 $-2,118
90th Percentile (P90) $56,440 $53,906 $-2,533
Key Insight

While $39,820 sounds high, Rhode Island's elevated cost of living erases 4% of that salary's purchasing power. Your real buying power is $38,032. Consider whether the higher pay offsets the higher costs.

Best States for Laborers and Freight, Stock, and Material Movers, Hand (After Cost of Living)

Where does Laborers and Freight, Stock, and Material Movers, Hand salary stretch the furthest? Top 10 states ranked by COL-adjusted median salary.

$50,315
RPP 88.7
2. Iowa
$49,061
RPP 88.4
$46,722
RPP 89.4
$46,509
RPP 97.7
$45,817
RPP 92.3
$45,256
RPP 89.8
7. Montana
$45,193
RPP 90.3
8. Alaska
$44,823
RPP 102.0
9. Kansas
$44,400
RPP 90.0
10. Colorado
$44,193
RPP 102.3

Rhode Island ranks #43 out of 50 states for Laborers and Freight, Stock, and Material Movers, Hand after cost-of-living adjustment.

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Frequently Asked Questions

What is the real salary for a Laborers and Freight, Stock, and Material Movers, Hand in Rhode Island after cost of living?

A Laborers and Freight, Stock, and Material Movers, Hand in Rhode Island earns a median salary of $39,820 per year. After adjusting for Rhode Island's cost of living (RPP=104.7), the real purchasing power is $38,032 — a -4.5% difference.

Is Rhode Island expensive to live in?

Rhode Island's cost of living is 4.7% higher than the national average according to the BEA Regional Price Parities (2022). The RPP index for Rhode Island is 104.7 (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 Laborers and Freight, Stock, and Material Movers, Hand in Rhode Island: $39,820 x (100 / 104.7) = $38,032. This represents what the salary would be worth in a state with average living costs.

Does the high cost of living in Rhode Island offset the salary?

Partially — a Laborers and Freight, Stock, and Material Movers, Hand's nominal salary of $39,820 in Rhode Island has 4.5% less purchasing power due to higher living costs. The real value is $38,032. However, Rhode Island may offer better career opportunities, networking, and industry access.

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