Is $40K a Good Salary in Little Rock, AR?
Full budget breakdown for Little Rock on $40K/year — take-home after taxes, rent burden, what you can afford, and how it compares to the city median.
Monthly budget in Little Rock on $40K
US average equivalent
$49,000
Your $40K in Little Rock (COL: 82) buys the same as $49,000/yr in a city with average US cost of living.
vs Little Rock median
-20%
The median household income in Little Rock is $50,000/yr. You're earning 20% below that.
Cities where $40K goes further
These cities have a lower rent burden at $40K than Little Rock.
Other salary levels in Little Rock
Frequently asked questions
Is $40K a good salary in Little Rock?
$40K/year in Little Rock gives you approximately $2,582/month in take-home pay after federal and state taxes. With a median 1BR rent of $1,100/month, your rent burden is 43% of take-home — which is considered tight. Little Rock is one of the more affordable cities for this salary, ranking #33 out of 179 cities.
How much is $40K after taxes in Little Rock?
On $40K/year in Little Rock (AR), you take home approximately $2,582/month after federal income tax, 4.4% AR state income tax, and FICA. That is roughly $30,984/year net.
What is the cost of living in Little Rock on $40K?
Monthly estimated costs in Little Rock: rent $1,100, groceries ~$353, transportation ~$40, utilities ~$168, internet ~$58. Total estimated expenses: ~$1,719/month, leaving ~$863/month after essentials on a $40K salary.
Tax estimates use 2026 brackets · Rent data: Zillow Observed Rent Index · Budget figures are estimates for general guidance only