How Much Is The Cost Of Living Raise In Arkansas?

a 2%.
Thousands of Arkansas state employees will receive a 2% cost-of-living wage and salary adjustment, a raise the state’s governor says is necessary because of inflationary pressures. Feb. 17, 2022, at 6:21 p.m.

What is the cost of living raise in Arkansas?

a 2%
(The Center Square) – Arkansas Gov. Asa Hutchinson announced a 2% cost of living raise (COLA) effective immediately for state employees.

What is the cost of living in Arkansas 2022?

Comparison Highlights

Cost of Living Indexes Little Rock, AR Fayetteville, AR
Overall Index: Homeowner, No Child care, Taxes Not Considered 80.9 91.8
Food & Groceries 95.8 100.0
Housing (Homeowner) 61.9 95.4
Median Home Cost $163,100 $265,000

What is the cost of living in Arkansas?

A cost of living index above 100 means Arkansas, Arkansas is more expensive.
Arkansas cost of living is 79.0.

COST OF LIVING Arkansas United States
Grocery 92.7 100
Health 86.5 100
Housing 55.7 100
Median Home Cost $145,300 $291,700

What is the average salary for a person living in Arkansas?

$21.65 is the 25th percentile. Wages below this are outliers. $43.74 is the 90th percentile. Wages above this are outliers.
What are Top 10 Highest Paying Cities for Average Jobs in Arkansas.

City Little Rock
Annual Salary $60,096
Monthly Pay $5,008
Weekly Pay $1,156
Hourly Wage $28.89

Where is the cheapest place to live in Arkansas?

2021 Most Affordable Cities in Arkansas

  • Forrest City.
  • Helena.
  • West Memphis.
  • El Dorado.
  • Blytheville.
  • Harrison.
  • Hope.
  • Russellville.

What is minimum wage in AR?

$11.00 per hour
Arkansas minimum wage is $11.00 per hour as of January 1st, 2022, and applies to all employers with four or more employees.

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What is a good hourly wage in Arkansas?

$12.90 is the 25th percentile. Wages below this are outliers. $22.31 is the 75th percentile. Wages above this are outliers.
What are Top 10 Highest Paying Cities for Hourly Rate Jobs in Arkansas.

City Bentonville
Annual Salary $43,326
Monthly Pay $3,610
Weekly Pay $833
Hourly Wage $20.83

What is considered low income in Arkansas for a single person?

Household Size 50% of AMI Extremely Low Income (ELI)
1 person $19,050 $12,880
2 person $21,800 $17,420
3 person $24,500 $21,960
4 person $27,200 $26,500

What is the cheapest county in Arkansas to live in?

Monroe County
#1 Counties with the Lowest Cost of Living in Arkansas.

Is it cheaper to live in Texas or Arkansas?

Arkansas is 2.6% cheaper than Texas.

Where does Arkansas rank in cost of living?

9
The city with the lowest cost of living index for 2022 was St. Louis, with an index of 85.0. The city with the highest cost of living was Columbia, with an index of 95.2.
2022 First Quarter Cost of Living.

Rank 1 9
State Mississippi Arkansas
Index 83.1 89.9
Grocery 92.3 92.9
Housing 63.8 76.7

Is it cheaper to live in Arkansas or Tennessee?

Arkansas is 1.9% cheaper than Tennessee.

What is middle class in Arkansas?

In a handful of states, the cost to live a middle-class life is less than the median salary.
How much you have to earn to be middle class in every state.

State Middle-class income Median household income
West Virginia $41,649 $48,850
Arkansas $40,928 $48,952

Is Arkansas cheap to live?

Compared to the rest of the country, Arkansas has a much lower cost of living. Arkansas has the third-lowest cost of living among all U.S. states. A dollar in Arkansas supports more real spending than it does in more expensive states.

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What is a teachers salary in Arkansas?

Nationally, the average teacher salary in 2020 was $64,133. In Arkansas it was $50,546. The top average teacher salaries were paid in New York, California, Massachusetts and the District of Columbia.

What is the safest town in Arkansas?

Here are the 10 Safest Cities in Arkansas for 2022

  • Greenbrier.
  • Greenwood.
  • Pottsville.
  • Bella Vista.
  • Piggott.
  • Haskell.
  • Gentry.
  • Farmington.

What city in Arkansas has the highest crime rate?

Hot Springs has the highest property crime rate in Arkansas, about 71 incidents per 1,000 people.

Where is the cheapest and safest place to live in Arkansas?

The 10 Best & Cheapest Places to Live in Arkansas

  • Fort Smith. Fort Smith is Arkansas’s third-largest city, with a population of 89,142.
  • Jonesboro. In the northeast corner of Arkansas is Jonesboro, which is located in Craighead county.
  • Rogers.
  • Bella Vista.
  • Lowell.
  • Centerton.
  • Bryant.
  • Little Rock.

What does Walmart pay in Arkansas?

How much does Walmart in Arkansas pay? The average Walmart salary ranges from approximately $20,000 per year for Team Member to $160,000 per year for Senior Technical Specialist. Average Walmart hourly pay ranges from approximately $10.00 per hour for Catering Assistant to $36.82 per hour for Senior Software Engineer.

Will Arkansas state employees get a raise in 2022?

Current inflation rates are the highest the nation has seen since 1981, putting immense strain on everyday families and individuals.” Hutchinson said he has authorized merit raises for state employees at an average of 5% for fiscal 2022.